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The owner of a Los Angeles import-expo business pleaded guilty Friday to federal felony charges in connection with a black market money laundering scheme.
After a two-year approval process, Elon Musk’s SpaceX is now officially eligible to launch national security satellites, which could steer hundreds of millions of dollars to the Hawthorne company.
In a move to link more of its traditional toys to technology, El Segundo toy maker Mattel Inc. has struck a deal with Hong Kong mobile games developer Animoca to create games based on the toy company’s brands.
Importers and exporters whose business depends on the L.A.’s twin ports and other West Coast harbors can breathe a sigh of relief: A tentative labor contract, reached in late February between dockworkers and terminal operators after months of work slowdowns and near gridlock, has been approved by both sides.
The more truck chassis, the merrier – that’s why the Port of Long Beach is going to build its own fleet of the truck trailers used to haul shipping containers to and from the port and the Port of Los Angeles.
Ducommon, Gulfstream Expand Relationship Carson aerospace manufacturer Ducommun Inc. is expanding its business with business-jet maker Gulfstream Aerospace Corp. to make parts for two new business jets models.
Activists are planning to show up by the busload outside of Nestle Waters North America’s bottling facilities in downtown Los Angeles and Sacramento on Wednesday.
In contrast to the neighboring Port of Los Angeles, where container cargo volumes fell last month, Port of Long Beach officials reported a nearly 8 percent increase in April container cargo volume compared to the same month last year.
Japanese equipment manufacturer Kubota Tractor Corp. and its financing arm Kubota Credit Corp. are leaving Torrance. And like a handful of other companies that have left the area lately, Kubota is decamping for the Lone Star State.
Entertainment industry lighting manufacturer Mole-Richardson Co. is moving its headquarters and factory to Pacoima from Hollywood.
Superior Industries International Inc. is relocating its headquarters from Van Nuys to a Detroit suburb, a move that will end the aluminum-wheel manufacturer’s presence in the San Fernando Valley and put it closer to its Detroit customers.
A five-day strike by truck drivers at trucking companies’ headquarters, truck yards and at terminals at the ports of Los Angeles and Long Beach is over after drivers returned to work Friday.
Semiconductor manufacturer Microsemi Corp. closed its acquisition of Vitesse Semiconductor Corp. on Tuesday in a deal valued at $389 million.
Drivers at several trucking companies serving the ports of Los Angeles and Long Beach picketed four trucking companies Monday, pressuring them to hire them as full-time staff rather than as independent contractors.
Following several recently announced new partnerships, El Segundo toy maker Mattel Inc. said it would team up with Warner Bros.’ DC Entertainment and consumer product and animation divisions to launch a product line based on DC Comics’ female super heroes and villains.