LA BUSINESS JOURNAL DAILY NEWS
Greycroft Ventures leads funding for Performance Horizon, Vow To Be Chic picks up critical investment, Indian streaming company finds an angel in Los Angeles, and more.
Sumner Redstone’s National Amusements Inc. announced Thursday it elected to replace five board members at Viacom Inc., exercising its power as the majority shareholder of the Santa Monica-based firm’s voting stock.
The Dow Jones industrial average rose 93 points on Thursday to close at 17,733. The S&P 500 rose 6 points to 2,078. The Nasdaq rose 10 points to 4,845. The LABJ stock index stayed steady at 227.
California ranks first as the world’s top filming location for the third year in a row according to a study by FilmL.A. released Wednesday.
Irvine-based developer Goodman Birtcher has bought a pair of massive distribution centers in Los Angeles County, including a property just over the county line in Santa Fe Springs, in one of the larger industrial acquisitions seen in Southern California in recent memory.
Canary Health Joins Forces With medtronic, Napster moves back home, SpaceX booster crashes, and more.
After its conversion to a creative office floorplan, the Pasadena Business Center has sold for about $67 million, nearly 85 percent more than what investors paid three years ago, according to commercial real estate brokers who negotiated the deal.
The Dow Jones industrial average fell 4 points on Wednesday to close at 17,640. The S&P 500 fell 4 points to 2,072. The Nasdaq fell 9 points to 4,834. The LABJ stock index stayed steady at 227.
Net-neutrality upheld in federal court, e-commerce startup Loot Crate secures major investment; Electronic Arts sets its sights on e-sports market, and more.
Boston real-estate firm Berkshire Group announced its purchase of One Santa Fe, a 438-unit, 500,000-square-foot apartment community located in the Arts District.
Los Angeles employers say they plan to step up hiring during the third quarter, according to a survey to be released Tuesday from Manpower Inc.
The Dow Jones industrial average fell 58 points on Tuesday to close at 17,675. The S&P 500 fell 4 points to 2,075. The Nasdaq fell 5 points to 4,844. The LABJ stock index stayed steady at 227.
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A week after his brother Tom Calderon copped a plea deal with federal prosecutors, former state senator Ronald Calderon followed suit, pleading guilty to one count of mail fraud and admitting he took tens of thousands of dollars in bribes in exchange for political favors.
The Title Insurance Building in downtown’s Historic Core just traded for at least five times the amount it sold for in 2012.
Microsoft Corp. spends big to acquire professional network LinkedIn, Snapchat unveils a new advertising format.
The critically-acclaimed TV series “American Crime” is moving its third season of production to Los Angeles, thanks to an expanded tax credit program offered by the California Film Commission.
California International Bank, known as Saigon National Bank until February, has filed to relocate its headquarters to Rosemead, according to the federal Office of the Comptroller of the Currency, which approved its new name.
The Dow Jones industrial average fell 133 points on Monday to close at 17,732. The S&P 500 fell 17 points to 2,079. The Nasdaq fell 46 points to 4,848. The LABJ stock index fell one point to 227.
Trial is set to begin Monday in the city of Claremont’s attempt to take over a water system from Golden State Water, the private utility serving the city.