California officially joined a nationwide sweepstakes to woo aerospace giant Boeing Co. to build the next-generation 777X airliner in the state, the Los Angeles Times reports.
Walt Disney Co. may quickly enlarge its Shanghai resort after it opens in late 2015 in order to meet rising demand in the world’s most populous country, Bloomberg News reports.
With financial support from Google, SpaceX and other tech companies, the Los Angeles County Museum of Art unveiled plans for the Art + Technology Lab, which will provide grants and lab space to artists who want to experiment with new technologies, the Los Angeles Times reports.
A Bel Air estate owned by Dole Foods Co. Chief Executive David H. Murdock is listed for $30 million, the Wall Street Journal reports.
Thanks to a shift in how investors view the industry, hedge fund managers are attracting new money and preparing expansion plans even though their performance has fallen behind roaring equity markets this year, CNBC reports.
The road to Oscar gold began in earnest early this morning with the nominations for the 20th Screen Actors Guild Awards, the Los Angeles Times reports.
Plan B Entertainment's production deal with New Regency and RatPac Entertainment precipitates the departure of Brad Pitt's company from Paramount Pictures at the end of the year, the Los Angeles Times reports.
Discovery Communications Inc. is considering a bid for Food Network majority owner Scripps Networks Interactive Inc., signaling that a consolidation wave among television channel owners may be on its way, the Wall Street Journal reports.
PennySaver USA has hired newspaper veteran Liz Gaier as its new chief executive, the Orange County Business Journal reports. Los Angeles buyout firm OpenGate Capital LLC acquired the company from San Antonio-based Harte-Hanks Inc. in September.
Kathy Thomson, the former president and chief operating officer of the Los Angeles Times Media Group, has been hired as chief marketing officer and executive vice president at satellite radio service Sirius XM Holdings Inc., Southern California Public Radio reports.
Since the "Anchorman 2" movie was announced more than a year and a half ago, there's been a museum exhibit, commercials, a book, a mobile game, TV cameos and the renaming of a college. Bloomberg BusinessWeek looks at how the Ron Burgundy is reinventing how to promote a movie.
In Wednesday morning trading, the Dow Jones industrial average was down 51 points to 15,922. The Nasdaq fell 19 points to 4,041. The S&P 500 fell 8 points to 1,794.
Drama abounds at Snapchat, the hot photo-sharing app popular among teens, Time reports. The Venice company has filed for a temporary restraining order against ousted cofounder Reggie Brown, who allegedly has been sharing a bit too much with the press, TechCrunch reports.
The Business Journal reports that one in five Los Angeles area employers plan to hire more workers during the first quarter, the best showing in several years, according to a survey released today from Manpower Inc.
Los Angeles Times parent Tribune Co. is moving forward with a public spinoff of its newspaper unit by submitting preliminary paperwork to the Securities and Exchange Commission, the Times reports.