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Howard Fine

Stories by Howard

Arrowhead Pharmaceuticals Looks to Raise $232 Million

Pasadena biotech firm Arrowhead Pharmaceuticals Inc. set an offering of 4 million shares, seeking to raise up to $232 million to fund operations and strategic investments.

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Herbalife Opens Training Center in China

Downtown-based Herbalife Nutrition Inc. has opened the first of four training centers in China for its customers and distributors.

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Geffen Donates Another $46 Million to UCLA

Entertainment mogul David Geffen donated an additional $46 million to the UCLA medical school that bears his name, the university announced Dec. 2.

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Solar Startup Heliogen Looks to Power Plants, Refineries

ENERGY: Company attracts backing of Soon-Shiong, Gates

For decades, solar technology experts have sought to generate electricity. But Pasadena-based Heliogen has a new technology that swaps fossil fuels for solar energy in industrial applications.

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Arrowhead Shares Surge on Big Pharma Acquisition, Positive Earnings

Arrowhead Pharmaceuticals shares surged Nov. 25 as investors reacted to positive earnings and news of a major acquisition in the pharma category.

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Flint to Step Down as CEO of Los Angeles World Airports

Airports: Agency plans search for replacement

Deborah Flint, chief executive of Los Angeles World Airports, the city agency that runs Los Angeles International and Van Nuys airports, is stepping down in March to take the helm of Toronto’s airport authority.

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Cadiz Joint Venture Harvests Test Hemp

AGRICULTURE: SoCal Hemp Co. anticipates first commercial crop next year

Cadiz and Glass House Group’s SoCal Hemp Co. readies for its first hemp harvest on Cadiz’s Mohave Desert aquifer.

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RadNet Joins S&P Small Cap 600

Diagnostic imaging firm partners with AI company

RadNet stock jumps after it is added to the Small Cap 600 stock index.

Tumor Tool Gets OK

NantHealth device wins approval from FDA

NantHealth Inc. receives FDA approval for a genetic mapping tool.

Arrowhead Hits the Mark

BIOTECH: New approach pulls company back from brink

Arrowhead Pharmaceuticals’ new approach leads to a rebound.

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Air Shuttle Service Float Partners with Commuter Carrier

La Verne-based Float is partnering with Southern Airways Express for planes and pilots for the launch of its commuter air service.

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Unemployment Holds Steady in LA County for October

L.A. County’s unemployment rate was unchanged in October as the education sector led a broad hiring surge.

Fulgent Enters Home Market

HEALTH CARE: Genetic testing kits bypass doctor visits

Fulgent Genetics enters the market for at-home genetic tests.

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Herbalife Names Agwunobi as CEO

HEALTH CARE: Activist investor Carl Icahn raises his stake in the company to 24%

Herbalife Nutrition announces John Agwunobi will become its next CEO.

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Southern California Edison to Pay $360 Million to Settle Wildfire Claims

Southern California Edison, the utility subsidiary of Rosemead-based Edison International, agreed to pay $360 million to settle wildfire and mudslide claims from 23 public agencies.

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'Babylon,' 'Little Shop of Horrors' Remake Among Recipients for State Film Tax Credit

Thirteen films, including the big-budget feature “Babylon” and a remake of “Little Shop of Horrors," received tax credits from the state, according to the California Film Commission.

Edison Preps $4B Nuclear Project

AECOM will start San Onofre demolition in 2020

Southern California Edison announces start date for AECOM-led project to decommission the San Onofre nuclear power plant.

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Flood Control Project Set

Tetra Tech wins Army Corps of Engineers contract

Army Corps of Engineers awards Tetra Tech a contract worth up to $40 million.

Molina Hit by Big Loss

HEALTH CARE: Insurer downgraded after Texas cuts

Molina Healthcare loses a major Medicaid contract in Texas.

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Booming Builder

Soteropulos keeps Webcor on track for some of LA’s biggest projects

Webcor’s Gust Soteropulos discusses the company’s plans for L.A.

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Oil Company Might Run Dry

ENERGY: Wilmington firm worries about drilling proposal

A proposed law could force Cooper & Brain Inc. to shut down most of its oil wells in the city of Los Angeles.

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New Glass Industry Supply Company Launches

Manufacturing: Former C.R. Laurence executives start competitor

Frameless Hardware Co. is a new glass industry supply company in South Gate founded by two top executives formerly with the region’s premier glass industry supplier, C.R. Laurence Co. Inc.

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LAX Passenger Traffic Rises 1.8% in September as International Travel Slide Ends

September passenger traffic at LAX edged up 1.8% from a year earlier.

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American, Scandinavian Airlines Add International Flights to LAX

American Airlines and Scandinavian Airlines will each serve new international destinations from LAX next year.

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Tetra Tech Wins Work

$85M deal will support UK effort in Nigeria

Tetra Tech scores $85 million contract with the U.K. Department for International Development.

Credit Downgrade for People Mover

Fitch lowers $5 billion LAX project to BBB

Fitch Ratings downgrades bond rating for LAX’s people mover project.

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Long Beach Company Opens Plant in China to Make Pollution Control Equipment

In a move to avoid the impact of tariffs, Long Beach pollution control device manufacturer Ship & Shore Environmental Inc. has opened a plant in Shanghai.

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Mall Magnate Caruso Gives $50 Million to Pepperdine Law School

Developer and billionaire Rick Caruso plans to give $50 million to the Pepperdine University School of Law to help low-income students.

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Air New Zealand Ends Long-Running LAX-London Flight

Air New Zealand is canceling its long-running flight from LAX to London, citing increased competition on the route.

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Unemployment Holds Steady in L.A. County as Hiring Picks Up

L.A. County’s unemployment rate was unchanged at 4.4% in September.

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AECOM Sells Unit for $2.4 Billion

ENGINEERING: Company had originally planned to spin off management services

AECOM plans to sell its management services business to private equity firms for $2.4 billion.

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Mixed Messages: Confidence in LA’s Business Climate Rises, but Just Slightly

Claremont McKenna College’s Lowe Institute finds that consumers were slightly more confident about local business conditions in the third quarter.

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New Boarding School Set

EDUCATION: Swiss firm to develop Pasadena campus

EF Education First’s EF Academy will be the L.A. area’s first new large-scale boarding school in nearly a century.

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Edison Transmission Tower Probed as Cause of Saddleridge Fire

A Southern California Edison transmission tower in Sylmar is coming under investigation as a possible cause for the 8,300-acre Saddleridge Fire.

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LAX and Metro Boost Employment

Infrastructure jobs drive year-over-year gains

Beacon Economics’ outlook shows construction sector is driving L.A.’s employment growth.

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Work Starts on Police HQ

New airport facility will consolidate operations

Officials at LAX break ground on new airport police headquarters.

LAX Traffic Flattens Out

AIRPORTS: Annual growth could be slowest since 2009

2019 could be the slowest passenger growth year at LAX since the Great Recession.

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LAX to Ban Curbside Ride-Hailing Pickups

Los Angeles International Airport is set to ban curbside ride-hailing pickups starting Oct. 29.

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Filling the Gap

Promising Metro pilot program seeks ‘last-mile’ solution for commuters

A look at Metro’s partnership with Via Transportation to provide last-mile connections for commuters.

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Mercury to Pay $41 Million to Settle Legal Fight with California

Mercury Insurance Co. agreed to pay $41.2 million to the state to settle a 20-year legal dispute over fees charged to auto policy customers.

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Placido Domingo Resigns from LA Opera Amid Harassment Allegations

Placido Domingo stepped down from his leadership role with the Los Angeles Opera on Oct. 2 and withdrew from scheduled performances amid allegations of sexual harassment.

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$20M Project Will Tap Stormwater

Long Beach reclamation site prepares to open

Long Beach reclamation site prepares to open

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LAX Delays Cargo Facility

Airports: Major project pushed back by two years

Airports: Major project pushed back by two years

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Tetra Tech Wins Contract

Government enlists firm to fight ocean pollution

Government enlists firm to fight ocean pollution

LAX Reports Flat Traffic for August as International Travel Declines

Passenger traffic at LAX was essentially unchanged in August as international traffic continued its downward trend, according to figures released Aug. 26.

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Pay to Play: Fees Climb for LA County Businesses

Los Angeles is the costliest city for businesses in LA County and more taxes could be on the way

TAXES: The annual Cost of Doing Business Survey shows just how pricey doing business can be in Los Angeles.

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Unemployment Dips in L.A. County as Hiring Picks Up

The unemployment rate declined to 4.4% in L.A. County in August as several sectors reported robust hiring.

Database Looks to Ease Bid Access

TECH: Portal allows small businesses to connect with billions in opportunities

Los Angeles Area Chamber of Commerce spearheads an effort to create a unified database of contract bid opportunities for local small businesses.

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Los Angeles Philharmonic CEO Woods Resigns Abruptly

Simon Woods, chief executive of the Los Angeles Philharmonic Association, resigned abruptly on Sept. 16, according to an announcement from the association’s board.

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Charters Face Fresh Limits

EDUCATION: Law could slow launch of new schools

Bill could block charter school operators from expanding in California.

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