LA BUSINESS JOURNAL DAILY NEWS
Hollywood is continuing to plow money into digital media.
NBCUniversal Inc. is reportedly close to making a $250 million investment in digital publishing giant BuzzFeed.
Amgen Inc. beat analyst expectations when it reported quarterly results Thursday, thanks to a combination of old and new drugs contributing to sales increases.
Embattled entertainment company Relativity Media filed for bankruptcy protection today after billionaire Ryan Kavanaugh failed to find a financial savior for his struggling firm.
The chief executive of Veggie Grill on living a healthy lifestyle, winemaking in his spare time and the art of deal making.
Don’t refer to Greg Dollarhyde as Veggie Grill’s chief executive officer. Chief “energizing” officer is the title he prefers.
The Dow Jones industrial average fell five points in Thursday trading to close at 17,746. The S&P 500 was flat at 2,109. The Nasdaq rose 17 points to 5,129. The LABJ Stock Index rose one point to 244.
Now with government scrutiny bearing down on the worker designation, many are asking: Do on-demand tech startups that rely on independent contractors have a future?
Random thoughts from the Twitterverse: Venture capitalist Mark Suster thinks cold brew coffee is having a moment.
Barwinners, a Santa Monica company that offers online courses to law students studying for the bar exam, has been ordered to pay $130,000 in restitution and fines after making false claims about the percentage of its customers who passed the crucial exam.
The Dow Jones industrial average rose 121 points in Wednesday trading to close at 17,751. The S&P 500 rose 15 points to 2,109. The Nasdaq rose 23 points to 5,112. The LABJ Stock Index rose one point to 243.
Have you eaten artificial meat?
Crisis-hit film and TV company Relativity Media is laying off more than one-fifth of its staff.
Downtown L.A. supplement company Herbalife and Chief Executive Michael O. Johnson dodged a bullet Tuesday when a federal judge in Los Angeles dismissed allegations of misrepresenting sales practices and orchestrating a pyramid scheme.
Wireless charging startup uBeam of Santa Monica is raising a $15 million convertible debt round, according to a Securities and Exchange Commission filing. The company declined to comment, but the filing said nearly $9 million had been raised from 23 investors since the offering was initiated July 10.
Billionaire Patrick Soon-Shiong’s clinical-stage immunotherapy firm NantKwest Inc. debuted at $25 a share in its first day of trading on the Nasdaq Tuesday, raising more than $207 million with the sale of 8.3 million shares.
The builder of SpaceShipTwo had not considered that human error could result in a catastrophic hazard to the space vehicle, the National Transportation Safety Board said Tuesday in determining the cause of last year’s crash in the Mojave Desert.
The number of passengers traveling through Los Angeles International Airport continued to climb last month, according to figures released Tuesday by Los Angeles World Airports.
More than 250 movie projects have applied for state tax credits in the first round of film applications since the state boosted the amount of available credits, a move aimed at curbing runaway production.
The Dow Jones industrial average rose 190 points in Tuesday trading to close at 17,630. The S&P 500 rose 26 points to 2,093. The Nasdaq rose 49 points to 5,089. The LABJ Stock Index rose three points to 242.
Snapchat is reexamining its content partnerships. The app has pushed out Yahoo and Warner Music Group from its Discover publishing portal and replaced them with BuzzFeed and iHeartRadio.