LA BUSINESS JOURNAL DAILY NEWS
ReachLocal Inc. on Monday released open-source software code that it said should help other developers create cross-platform mobile apps.
HandsOn3 on Monday said that one of its affiliated funds has signed an agreement to acquire BancTec Inc., a Dallas firm that provides financial transaction automation and document management services to companies.
In Monday trading, the Dow Jones industrial average closed up 104 points to 16,207. The Nasdaq rose 30 points to 4,293. The S&P 500 rose 11 points to 1,848. The LABJ Stock Index rose more than 1 point to 190.
Federal authorities today announced multiple indictments against state Sen. Ron Calderon and his brother, former Assemblyman Tom Calderon, related to the senator’s alleged acceptance of about $100,000 in bribes.
The Blackstone Charitable Foundation on Friday announced it was making a $3.5 million grant to three local universities to set up an entrepreneur support program.
The Los Angeles Business Journal’s index of largest local public companies rose slightly for the week.
In Friday trading, the Dow Jones industrial average closed down 30 points to 16,103. The Nasdaq fell 4 points to 4,263. The S&P 500 fell 4 points to 1,836. The LABJ Stock Index rose less than 1 point to 188.
United Airlines on Thursday said that will add nonstop service from Los Angeles to Melbourne, Australia in October.
Shares of United Online Inc. jumped more than 29 percent on Thursday after the Internet services company beat analyst estimates on revenue for the fourth quarter.
Three San Fernando Valley residents were indicted Thursday on charges related to running fraudulent telemarketing schemes that the U.S. Attorney’s Office in Los Angeles.said solicited investments in movies with false promises of high returns and little risk.
Shares of On Assignment Inc. rose more than 7 percent on Thursday, after the staffing company reported strong fourth quarter results.
In Thursday trading, the Dow Jones industrial average closed up 93 points to 16,133. The Nasdaq rose 30 points to 4,268. The S&P 500 rose 11 points to 1,840. The LABJ Stock Index rose more than 1 point to 188.
Two Los Angeles assemblymen on Wednesday introduced a bill to ramp up California’s efforts to hold onto film and TV production.
Traffic at the Port of Long Beach declined 1.4 percent in January compared with the same month last year, according to figures released Tuesday.
Arden Group Inc. said Wednesday that investment firm TPG had completed its acquisition of the company, which operates the Gelson’s Markets chain.
In Wednesday trading, the Dow Jones industrial average fell 80 points to 16,041. The Nasdaq fell 35 points to 4,238. The S&P 500 fell 12 points to 1,839. The LABJ Stock Index fell more than 1 point to 187.
L.A. County will continue to add jobs, but at a frustratingly slow pace, according to a forecast the Los Angeles County Economic Development Corp. released today.
Los Angeles Mayor Eric Garcetti on Tuesday ordered the city’s planning and building and safety departments to consolidate key functions and take other steps to cut red tape for developers.
Herbalife Ltd. on Tuesday reported a 10 percent rise in fourth quarter profit and raised its guidance based on strong sales of its weight loss products.
Santa Monica public radio station KCRW-FM (89.9) announced Tuesday it has acquired a station in Santa Barbara to increase its reach up the coast.