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Thanks to falling oil prices, shares of Occidental Petroleum Corp.’s forthcoming California spinoff are trading off-exchange well below analysts’ earlier expectations.
Malibu toymaker Jakks Pacific Inc. announced on Tuesday that it has formed a joint venture with Meisheng Culture and Creative Corp. to bring its products to China.
American Apparel announced a substantial quarterly loss on Monday, but a large part of that was due to one-time charges relating to an internal investigation of former chief executive Dov Charney.
Two investors who helped finance the purchase of Freedom Communications in 2012 have asked a court to put the media company’s operations into receivership.
The Pacific Maritime Association is accusing the International Longshore and Warehouse Union of orchestrating a deliberate slowdown of container movement at the ports of Los Angeles and Long Beach, after initiating similar actions earlier this week at the ports of Seattle and Tacoma.
West Hollywood’s Medbox Inc., a maker of marijuana dispensing machines, has added a former FBI assistant director of security to its board of directors.
Avery Dennison saw shares of its stock rise on Friday, following a strong third-quarter earnings report and the appointment of Mitchell R. Butier as the company’s new president and chief operating officer.
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.