Stories by Howard
Billionaire Patrick Soon-Shiong has stepped aside as chief executive at biotech firm NantKwest.
Proposition 14 could provide a boost to health care institutions and biotech companies in Los Angeles County.
Local dialysis clinic owners, already contending with the Covid-19 pandemic, now fear that if voters approve Proposition 23 on next month’s ballot, they might have to close some of their clinics.
The September jobs report for Los Angeles County was a welcome dose of good news, as the unemployment rate fell to 15.1% — its lowest level since March — and the county saw a robust gain of 37,600 payroll jobs.
A downtown-based company trying to build a gondola tramway between Union Station and Dodger Stadium has reached a significant milestone, as the public environmental review process for the project gets underway this month.
Century City-based infrastructure giant AECOM has been partnering with the Federal Aviation Administration to support the agency’s operation of the national airspace system during the coronavirus pandemic.
Work begins this weekend on the final major phase of the $1.8 billion regional connector rail project downtown.
Consumer confidence in Los Angeles County during the third quarter hovered near the record low set during the second quarter, according to a survey released last week to the Business Journal.
L.A. County’s unemployment rate declined to 15.1% in September from a revised 16.4% in August.
Culver City-based ImmunityBio’s Covid-19 vaccine candidate drug has been approved to begin Phase 1 clinical trial testing.
Covina-based Charter Health Care Group has acquired two hospice service companies, part of a series of acquisitions this year.
Pasadena-based engineering and consulting firm Tetra Tech Inc. was awarded a $24 million water resources contract for Central Asia.
Pasadena-based Arrowhead Pharmaceuticals Inc. announced a major licensing and drug development deal with a Japanese pharmaceutical company to develop and commercialize a drug to treat a rare form of inherited liver disease.
L.A. Care Health Plan is committing $5 million toward the launch of the Keck Graduate Institute School of Medicine in Claremont.
Downtown-based construction management firm Cumming Corp. has named Chief Operating Officer David Baird as its new chief executive, effective Jan. 1.
Entertainment, technology, tourism and real estate have long been regarded as the star sectors of the Los Angeles economy.
Just two months into his tenure as chief executive of Century City-based engineering and infrastructure giant AECOM, Troy Rudd’s first bold move is a company restructuring.
Cedars-Sinai Health System has been awarded a five-year, $8.3 million grant by the National Cancer Institute to study the risk of Covid-19 for minority populations
Downtown-based construction management firm Cumming Corp. named chief operating officer David Baird as its new chief executive.
Passenger traffic at three of the Los Angeles region’s four airports continued to climb back in August from the coronavirus-induced collapse, reaching pandemic-era highs.
New York-based concierge health service Sollis Health has started offering services in Los Angeles and plans to open a medical office in Beverly Hills later this month.
For nearly 50 years, Warren Olney has been a fixture in Los Angeles broadcast journalism.
After nearly 20 years of planning and seven years under construction, the $1.5 billion Gerald Desmond Bridge replacement connecting Terminal Island with the Long Beach mainland is finally opening.
Temple City-based Fulgent Genetics Inc. has continued its rapid expansion of Covid-19 testing, snagging major contracts in September for New York City’s public school system, the state of Utah and Miami-Dade County in Florida.
CHA Hollywood Presbyterian Medical Center has named veteran hospital executive Marcel Loh as its new chief executive.
Tetra Tech Inc. has acquired Virginia-based information technology services firm BlueWater Federal Solutions Inc.
Long Beach health insurance giant Molina Healthcare Inc. has agreed to buy Affinity Health Plan for $380 million in cash.
Los Angeles County’s jobs recovery slowed over the summer, with the region lagging the state and nation in both unemployment rates and the proportion of jobs regained since the pandemic began.
By May, OneLegacy’s organ procurements not only recovered to prepandemic levels, but actually exceeded them.
Southern California Edison said it has settled insurance companies' claims from the 2017 Thomas Fire.
GoodRx Holdings Inc. reaped a bonanza as it began life as a public company last week.
GoodRx Holdings Inc. founders Doug Hirsch and Trevor Bezdek are positioned to reap handsome rewards from the planned initial public offering of their Santa Monica-based prescription drug price shopping platform.
Shares of Pasadena-based Arrowhead Pharmaceuticals Inc. shot up 40% last week on news of positive preliminary results from a clinical trial for the company’s drug to treat a rare liver disease.
Electric car drivers, a charging station will soon be arriving near you.
Mid-Wilshire-based 8minute Solar Energy has secured its third recent deal to build a major solar power generation and storage plant in the Central Valley.
Los Angeles World Airports, the city agency that oversees Los Angeles International Airport, took a major step forward this month on roadway and utility improvements that are part of a $5.5 billion plan to improve ground access to LAX.
Angelenos seeking alternatives to Los Angeles International Airport will soon find Southwest Airlines Co. has become the dominant player at the other regional airports serving L.A. County.
L.A. County’s unemployment rate fell to 16.1% in August from a revised 17.9% in July.
Santa Monica-based GoodRx Holdings Inc. has priced its initial public offering at between $24 and $28 a share and hopes to raise $570 million from the offering.
El Segundo-based radiology services company Radiology Partners Inc. has agreed to acquire Mednax Radiology Solutions, a division of Sunrise, Fla.-based Mednax Services Inc., for about $885 million.
Hawthorne-based Surf Air Mobility Corp., the subscription private air service that initially specialized in flying execs between Silicon Beach and Silicon Valley, has secured a $200 million investment that is contingent upon the company going public.
SoFi Stadium opened to empty stands but is moving forward with the next phases of its development.
Two months after deciding to abandon Long Beach Airport and make Los Angeles International Airport the focus of its Southern California operations, JetBlue Airways Corp. announced it is adding seven flights at LAX.
American Airlines will relaunch its LAX-to-Sydney service in November, eight months ahead of the carrier's previously planned restart.
Domestic air travel has been slowly picking up at L.A.-area airports, but international air traffic remains stalled as foreign travelers steer clear of the coronavirus threat in Southern California.
Southwest is the new dominant airline at Long Beach Airport.
Temple City-based genetic testing company Fulgent Genetics Inc. has begun Covid-19 testing at a new facility in Houston — its first testing lab outside of California.
Westwood-based Puma Biotechnology Inc. has published interim results for a study tied to its main drug Nerlynx, an early stage breast cancer treatment that was approved three years ago by the Food and Drug Administration.
Santa Monica pharmaceutical concern Kite is partnering with HiFiBiO Inc. to develop therapies to treat acute myeloid leukemia.
Shares of Fulgent Genetics Inc. jumped more than 11% on Sept. 3 following announcements about expanded Covid-19 testing.