LA BUSINESS JOURNAL DAILY NEWS
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The Culver City startup incentivizes users to engage with an app by awarding points that are redeemed for real-life prizes.
HookLogic, a New York commerce search advertising company, has established its West Coast office in Santa Monica.
Internet software and service provider J2 Global has extended its $415 million bid to acquire backup storage firm Carbonite.
The contentious fight over the fate of six Daughters of Charity hospitals, including two in Los Angeles County, has been extended by another two weeks. The deadline by which Attorney General Kamala Harris must review and approve the sale of Daughters’ medical centers to Prime Healthcare Services has been pushed to Feb. 20.
The Dow Jones industrial average fell 291 points in Tuesday trading to close at 17,387. The S&P 500 fell 28 points to 2,030. The Nasdaq fell 90 points to 4,682. The LABJ Stock Index fell one point to 216.
Snapchat’s long-rumored Discover feature has been unveiled.
Amgen Inc. reported fourth-quarter and full-year financial results on Tuesday that topped analysts’ estimates as the company reaped the benefits of previously announced layoffs, a tax credit and strong drug sales.
Voice Media Group, which publishes LA Weekly, OC Weekly and other alt-weekly properties, hired Santa Fe, N.M., investment bank Dirks Van Essen & Murray to “explore new strategies,” including the sale or acquisition of its publications, the company announced Tuesday afternoon.
Two trade groups representing large hotels in Los Angeles announced they have filed for a preliminary injunction to block the city from implementing its hotel wage hike until their lawsuit against the city is resolved.
Commerce furniture designer and manufacturer Nova LifeStyle Inc. says it will expand the number of products it sells to Swedish retail giant Ikea Group.
Mattel Inc. shares dropped 5 percent Monday after the El Segundo toy maker announced that Bryan Stockton resigned as chairman and chief executive, and that early estimates of recent quarterly sales and net income fell off sharply from last year.
Malibu toymaker Jakks Pacific Inc. announced today that it has secured a licensing deal to make toys and costumes based on the Microsoft Studios video game “Halo.”
Multichannel network and digital media company Fullscreen has established its sales headquarters in its New York office with two executive hires there.
The Dow Jones industrial average rose six points in Monday trading to close at 17,679. The S&P 500 rose five points to 2,057. The Nasdaq rose 14 points to 4,772. The LABJ Stock Index rose one point to 218.
California Resources Corp. announced Monday that it has dropped plans for a major drilling project in Carson because of low oil prices.
The Culver City multichannel network and digital media company today said it would launch a division to develop and produce original feature-length movies using its online talent base.
Commerce jeans maker Joe’s Jeans Inc. announced today that Marc Crossman had resigned as president and chief executive and would become a consultant to the company.
On this week's Launch List: $5 Wi-Fi, another valet app and funny weather.
The Los Angeles Business Journal’s index of the largest local public companies rose for the week. The weighted LABJ Index rose less than 1 percent to close at 217, with gainers outpacing losers 80 to 72. Seven companies closed the week unchanged.