Los Angeles Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Occidental Leaving Westwood for Houston

After nearly a century here, Westwood oil giant Occidental Petroleum Corp. is moving its headquarters to Houston.

Easton-Bell to Sell Baseball Business

Struggling Easton-Bell Sports Inc. has reached an agreement to sell its baseball and softball business to a Canadian firm for $330 million, the Van Nuys sporting goods manufacturer announced on Thursday.

Occidental Sells Natural Gas Field

Occidental Petroleum Corp on Thursday said it signed a deal to sell its interests in a natural gas field that sprawls across three states to an unnamed buyer for a pretax price of $1.4 billion.

Skechers Reports Better-Than-Expected Quarter

Shares of Skechers USA Inc. jumped than 13 percent in after-market trading on Wednesday after the trendy shoemaker reported fourth-quarter profit that soared past Wall Street estimates.

Motorcar Parts’ Quarter Beats Expectations

Shares of Motorcar Parts of America Inc. rose nearly 15 percent on Monday after the manufacturer and distributor of automotive aftermarket parts reported a better-than-expected fiscal third quarter.

Winemaker Takes Off With Airline

Le Grand Courtage gets big lift from Virgin America deal.

Le Grand Courtage was on board early with the idea of getting its bottles on Virgin America flights.

Teledyne Scores $60 Million NASA Contract

A subsidiary of Teledyne Technologies Inc. received a $60 million contract from NASA to build a section of the space agency’s new Orion launch vehicle for deep space missions, the company announced Tuesday.

Minimum Wage Violations Withdrawn Against BYD

Minimum wage violation charges against Chinese electric vehicle manufacturer BYD Co. Ltd. were withdrawn Tuesday by the California Department of Labor Standards and Enforcement, according to the law firm representing BYD.

Semtech Lays Off 6 Percent of Workers

Semiconductor maker Semtech Corp. is laying off 6 percent of its workforce due to softer demand for its chips used in smartphones and other devices.

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Tackling Football Injuries

Iron Neck exercises muscles to help protect head in collisions.

Sports: Mission Competition’s Iron Neck exercise device looks to head off football injuries.

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Doughnut Company Sees Holes to Fill in SoCal

Food: Krispy Kreme’s area franchisee plans to open 20 shops in next seven years.

Krispy Kreme plans to go hole hog in Southern California with 20 new stores.

Boeing Contract Boosts Teledyne's Quarter

Teledyne Technologies Inc. beat analysts' estimates on fourth quarter revenue and earnings, the aerospace, marine and energy products manufacturer said Thursday.

FutureLogic Hires CEO

Glendale thermal ticket and receipt printer manufacturer FutureLogic Inc. has named a new chief executive and made other changes to its senior management.

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Kombucha Craze Has Soda Firm Ready to Pop

Beverages: Sales of Asian tea drink projected to double; Reed’s may attract buyout.

Reed’s Inc. has been riding the wave of the kombucha craze. But that means bigger drinkmakers might want to swallow it up.-

Capstone Gets Big Order from Oil and Gas Customer

Shares of Capstone Turbine Corp. jumped Friday after the Chatsworth firm announced it received multiple orders.