LA BUSINESS JOURNAL DAILY NEWS
A Dutch national was indicted Tuesday by a federal grand jury on aggravated identity theft and federal hacking charges related to the 2010 theft of three Hollywood movies, the Department of Justice said.
Machinima, a West Hollywood online gamer network, has partnered with Vimeo to produce exclusive content for the New York firm’s video-on-demand platform.
Lions Gate has invested in San Rafael developer and publisher Telltale Games to further the Santa Monica studio’s brand expansion into gaming.
DreamWorks Animation SKG Inc. plans to sell and lease back its Glendale campus as the struggling studio continues to deal with the fallout from a string of box office bombs.
Plastic bag manufacturers and other opponents of a statewide ban on plastic bags have qualified a referendum for the November 2016 ballot, thereby putting the ban on hold, the California Secretary of State’s office said Tuesday.
Restraining Order Closes Collective, Shareholders Approve Pacific Commerce Bank Purchase, Blackline Hires CFO, Lion to List on Nasdaq
The Dow Jones industrial average rose 92 points in Tuesday trading to close at 18,209. The S&P 500 rose six points to 2,115. The Nasdaq rose seven points to 4,968. The LABJ Stock Index fell one point to 225.
The Department of Justice announced Tuesday that it has arrested Chung Yu “Louis” Yeung of San Dimas for his alleged role in a scheme that Pasadena’s East West Bank said cost it more than $9 million. Yeung’s alleged co-conspirator, Guo Xiang “David” Fan, remains at large.
Sony Pictures Entertainment has turned to veteran Hollywood executive Tom Rothman to chair its motion picture group following the departure of Amy Pascal.
South Florida residential developer Crescent Heights has purchased a half-acre development site in downtown Los Angeles for $11.5 million. The property, at 1045 S. Olive St., at the corner of 11th Street, is four blocks east of the L.A. Live entertainment complex.
The state of California has agreed to pay $24 million to investors to settle a four-year legal battle over a proposed deal to sell $2.3 billion in state properties, officials announced Sunday.
A storied property along Pacific Coast Highway that has seen its share of monkey business is about to take on a new role.
A federal judge on Monday sentenced a Huntington Beach woman to more than five years in prison for embezzling $3.5 million from a Long Beach trucking company, the U.S. Attorney’s Office in Los Angeles announced Monday.
Amid a backlog of shipping containers that have amassed during recent congestion at the twin ports of Los Angeles and Long Beach, mayors of both cities say they will work together rather than compete on new efforts aimed at addressing how changes in ocean trade affect the ports.
Bob Chapek, a veteran Walt Disney Co. executive with broad experience, was named Monday as chief of the company’s sprawling parks and resorts division.
The Dow Jones industrial average fell 24 points in Monday trading to close at 18,117. The S&P 500 fell one point to 2,110. The Nasdaq rose five points to 4,961. The LABJ Stock Index rose one point to 226.
Online gamer network Machinima has laid off 13 full-time employees, about 10 percent of its staff, in an effort to “focus its resources on high-growth opportunities.”
Unified Grocers Inc. in Commerce, the largest wholesale grocery distributor in the western United States, announced Monday that it has reached an agreement with Sacramento grocery chain Raley’s to take over its general merchandise, health, beauty and wellness operations. Unified will become Raley’s third-party provider for products related to those operations.
The Dow Jones industrial average was down 42 points in Monday morning trading to 18,100. The S&P 500 was down three points to 2,107. The Nasdaq was down nine points to 4,947. The LABJ Stock index was flat at 225.
EDUCATION: Arbor Bridge offers pared-down, more affordable progam.
A Santa Monica test-prep company has launched a product aimed at making it easier and cheaper for high school students to get one-on-one SAT tutoring.