LA BUSINESS JOURNAL DAILY NEWS
Executives at Santa Monica-based ServiceMesh Inc. raked in nearly $100 million in bonus cash by bribing a former Australian banking executive, according to charges filed Tuesday by federal prosecutors and the Securities and Exchange Commission against the banker.
SpaceX’s Elon Musk reveals Mars mission plans, Jukin Media adds marketing division, Peter Guber and investors buys e-sports team.
One week after Wells Fargo’s chief executive faced a federal hearing over the bank’s numerous transgressions, the company now faces a multitude of lawsuits filed by customers, shareholders, and former employees.
Public relations powerhouse Prosek Partners has acquired Westwood-based Muirfield Partners for an undisclosed amount of cash and equity from Muirfield founder Mickey Mandelbaum.
Snapchat changes its name and unveils sunglasses with camera, Disney in talks to buy Twitter, SpaceX test fires Mars rocket and more.
Tesla Motors’ sleek storefront on Santa Monica’s Third Street Promenade has sold for about $15.6 million, or roughly $5,200 a square foot.
Tribune Media Co. finalized its sale of the Los Angeles Times building to Onni Group on Monday for at least $105 million.
L.A. City Councilman David Ryu filed a motion Wednesday requesting that the Los Angeles Department of Transportation examine the effects of having an “autonomous transit city” and suggest steps needed to ensure the city is driverless by 2035.
Century City-based Ritter Pharmaceuticals was this week’s biggest mover.
SpaceX rocket explosion investigation makes some progress, IGN launches channel to cover virtual reality, and Gamblit Gaming adds racing game to casino floors.
The California Labor Commissioner’s Office fined 18 Los Angeles garment manufacturers and contractors more than $682,000 this month for labor law violations, the office announced Friday.
New York Life Real Estate Investors picked up the Rubix Hollywood apartments this month for $109 million.
An 8,800-square-foot retail site in Beverly Grove just sold for $7.5 million with plans for a larger development.
A retail complex on a gritty stretch of Glendale Boulevard in Echo Park is prepping for a makeover.
Paula Schneider, chief executive of American Apparel, will reportedly step down from her post next month less than two years after taking the job.
SGN renames itself Jam City as well as acquires rights to ‘Peanuts’ franchise, ULA sends Pentagon letter criticizing SpaceX explosions, Tinder invests in Hey Vina!, and more.
SGN has renamed itself Jam City in a rebranding effort aimed at better reflecting its portfolio of games.
Nine cities in Los Angeles County have been named as finalists for the most business-friendly award to be handed out this fall by the Los Angeles County Economic Development Corp.
The Port of Long Beach is getting a new interim chief executive.
Faraday Future’s main backer receives $1 billion to pursue electric cars, Hulu orders two virtual reality shows, job candidate screening startup Imbellus raises $4 million, and more.