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Thanks to rising production costs and softening oil prices, profits fell during the third quarter at California Resources Corp., the oil producer that is to be spun off from Occidental Petroleum Corp. next month.
The governing board of the Antelope Valley Air Quality Management District is asking that Gov. Jerry Brown intervene in a dispute threatening Kinkisharyo International from opening a rail car factory in Palmdale.
After losing a coveted deal to make dolls based on Disney’s “Frozen” and other princess films to rival Hasbro last month, El Segundo toy maker Mattel announced Tuesday that it has partnered with Universal Pictures to develop a line of toys based on the “Despicable Me” movies.
Cargo numbers rose sharply for the Port of Long Beach in September as the port recorded its heaviest traffic for that month since 2007.
Downtown Los Angeles engineering and construction firm Aecom Technology Corp. completed its acquisition of San Francisco’s URS Corp. Friday in a $6 billion deal that creates a giant in the engineering and construction industry.
September was the busiest month the Port of Los Angeles has seen since 2006.
Mattel Inc. remained profitable during the third quarter despite an 8 percent decline in worldwide sales, the company reported Thursday.
Kinkisharyo International has scrapped plans to build a rail car manufacturing plant in Palmdale following a labor disute and will instead look outside California to locate the facility.
Indian officials have ordered the removal of more than 800 waterless urinals in Delhi, and the chief executive of the Los Angeles company that produces the equipment isn’t happy about it.
Santa Monica trade show organizer Advanstar Communications Inc. announced on Wednesday that is has agreed to be acquired by publicly traded British communications and events company UBM for $972 million.
Poll: Korean rice alcohol soju is the best-selling spirit in the world, but it is still a novelty in the U.S. Have you ever tried it?
Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition.
Michigan manufacturing company TriMas Corp. announced this week it plans to acquire Allfast Fastening Systems Inc. in City of Industry for about $360 million.
Two local aerial photography companies are among six the Federal Aviation Administration on Thursday approved to use drones for film and television production.
Air quality concerns shut down the Port of Los Angeles and half of the Port of Long Beach today as firefighters continued to fight a wharf fire that ignited on Monday night.
Hawthorne rocket maker SpaceX and Chicago aerospace giant Boeing Co. will share a contract to ferry U.S. astronauts to and from the International Space Station, NASA Administrator Charles Bolden announced today.