LABJ WEEKLY EDITION
StartEngine Brings Crowdfunding to Startups
After selling his company, Acclaim Games, in 2010, video game industry veteran and former Activision Studios Chairman Howard Marks set his sights on a new goal.
Continental Development’s Low-Rise Projects Attract High-Profile Tenants
Straddling Manhattan Beach and El Segundo on the Rosecrans Corridor, Continental Park today bills itself as the largest mixed-use office park in Los Angeles County.
LA May See Job Growth Decline
Los Angeles County’s jobs report for November showed a continued bounce back from spring’s pandemic-induced lockdown, along with a dose of seasonal hiring.
LABJ Insider: Looking at the Road Ahead
Never have we been more thrilled to bid farewell to one year, and never have we been more excited to usher in a new one.
Latest Covid Surge Hits Airports Hard
Local airports’ climb back from the coronavirus-induced plunge in passenger traffic last spring stalled in November as a fresh surge in Covid-19 cases prompted a new round of travel warnings.
Aerojet Rocketdyne Sells for $4.4 Billion
Aerospace giant Lockheed Martin Corp. is set to acquire El Segundo-based Aerojet Rocketdyne Holdings Inc. in a deal worth $4.4 billion, according to Lockheed Martin.
ImmunityBio, NantKwest Deal Boosts Immunotherapy Platform
When billionaire biotech mogul Patrick Soon-Shiong announced in late October that he was stepping aside as chief executive of El Segundo-based biotech firm NantKwest Inc., the decision was presented as a move by Soon-Shiong to spend more time on his many other endeavors, including the pursuit of a Covid-19 vaccine.
SpaceX to Ramp Up Testing for Mars Rocket in 2021
Coming off a record-breaking year of launches and high-profile missions, Space Exploration Technologies Corp. is already gearing up for a busy 2021.
Platinum Equity Sells Singapore Manufacturer for $400 Million
Beverly Hills-based Platinum Equity has sold portfolio company Compart Systems Pte Ltd. to Chinese investor Shanghai Wanye Enterprises Co. Ltd.
8Minute Solar Adds $125 Million to Financing
Solar power development company 8Minute Solar Energy has secured an additional $125 million in financing for its pipeline of projects in California, Texas and the Southwest.
Wondery to Be Acquired by Amazon
Wondery Inc., the West Hollywood-based podcast network with a roster of hit shows, will be acquired by Amazon Music.
Covid-Related Loan Programs Have Given Businesses a Much-Needed Lifeline
More than 225,000 business owners and nonprofits in Los Angeles County have collectively received about $14 billion in EIDL funding.
California Pizza Kitchen Acts Quickly After Bankruptcy Exit
After a relatively short stint in bankruptcy court, things are looking up for California Pizza Kitchen Inc., according to Judd Tirnauer, the company’s new chief financial officer.
Manhattan Village Renovations Due for Completion in 2021
The much-awaited completion of major renovations at the Manhattan Village shopping center is now slated for this spring.
Congress Approves $1.5 Billion in Annual Funds for Ports
A bill that will provide increased funding for maintenance of local ports passed the final hurdle in the last week of 2020 when the U.S. Senate gave a green light to the Water Resources Development Act of 2020, HR 7575.
2021 Book of Lists: Letter From the Publisher
Our theme for this year’s Book of Lists is “Shine a Light” — and that phrase has multiple meanings.
LA's Top Business Success Stories of the Year
The 2021 Book of Lists shines a light on how companies are persevering
It’s impossible to talk about 2020, or to look ahead at 2021, without referencing the turbulent times wrought by the Covid-19 pandemic, the social justice movement and an election that became all-consuming.
Book of Lists Profile: Snap Hits New Heights
Snap Inc. has been on a roll in 2020, more than doubling its value since the start of the year.
Book of Lists Profile: Greycroft Reaps Rewards of a Remote Culture
Greycroft has had a standout year amid some of the greatest economic turmoil in decades.
Book of Lists Profile: Fulgent Genetics Rises to the Covid Testing Challenge
Temple City-based Fulgent Genetics Inc. entered 2020 as a small, niche genetic testing company that was poised for significant growth.
Book of Lists Profile: Developer MJW Investments Leans Into Student Housing
Santa Monica-based MJW Investments is one of the most active multifamily developers in Los Angeles, with 4.5 million square feet of development in L.A. County since 2010.
Book of Lists Profile: Cathay General Bancorp Puts Customers First During Pandemic
Although 2020 has not been an easy year for any business, it hasn’t stopped Chinatown-based Cathay General Bancorp from charging forward with new beginnings and long-term goals.
Book of Lists Profile: SCS Engineers Pivots to the Environment
Even though the amount of waste deposited in landfills has declined in recent years, SCS Engineers’ business has grown.
Book of Lists Profile: Shipping Companies CMA CGM, American President Lines Make Quite a Team
CMA CGM Group and American President Lines occupy adjacent spots on the Business Journal’s list of shipping companies that serve the San Pedro Bay port complex.
2021 Book of Lists: Researcher's Letter
The Los Angeles Business Journal’s annual Book of Lists has arrived. This year’s edition contains 73 unique lists covering the region’s major industries and a diverse array of companies that enliven Los Angeles County’s expansive economy.
Young Entrepreneur Anthony Zhang Won’t Be Slowed
Anthony Zhang is the epitome of a dogged entrepreneur.
