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ART: Investment could lift Carlyle’s business but firm faces online sales risks.
Auctioneer Carlyle Galleries International is bidding on going public to boost its business prospects.
ENTERTAINMENT: Fall of Modern Videofilm pitched as sabotage by hedge fund.
Founder of Modern Videofilm frames the postpoduction firm’s collapse as a hedge fund scheme.
University of Southern California alumni Suzanne Dworak-Peck donated $60 million to the private university’s school of social work on Wednesday, one of the largest contributions in history to a school of its kind. With Dworak-Peck’s hefty gift came a change to the school’s name, which has now been dubbed the USC Suzanne Dworak-Peck School of Social Work.
L.A. city officials launched a program Wednesday to guarantee all high school graduates within the Los Angeles Unified School District at least one free year of tuition-free community college education.
Parent plans to sink $90 million into bankrupt Hanjin to get cargo moving at ports.
Restaurant taps rare rum in whipping up mai tai that will set you back $26.
Restaurant Here’s Looking at You has uncorked a $26 mai tai reliant on rare rum.
TV: Academy looks to spread out Emmys action with three award nights.
TV: Need for programs at digital platforms channels pilots to L.A.’s facilities.
Content demand from streaming services has taken a lead role in boosting local pilot production.
SPORTS: Local offerings include new radio show with coach Jeff Fisher.
The Los Angeles Rams are ready for regular season football – and so are its broadcast partners.
Levine Leichtman Capital Partners, a Beverly Hills private equity firm, cashed in its chips – or pretzels – when it sold its majority stake in Pasadena pretzel chain Wetzel’s Pretzels to CenterOak Partners, a Dallas private equity firm.
Pet-care technology is a booming business. Just ask Carlos Herrera, chief executive of automated pet feeder maker Petnet, whose downtown company just received a $10 million Series A round led by San Diego’s Petco Animal Supplies Inc. Online financial services firm Aspiration Growth and other undisclosed investors also participated.
The lawsuit targeting iconic 58-year-old composer Hans Zimmer over his score for Academy Award-winning film “12 Years a Slave” has been dismissed. Plaintiff Richard Friedman voluntarily withdrew his complaint Thursday and apologized Zimmer in a letter, according to the composer’s attorneys.
RETAIL: Chain repositions store for young, educated residents; tourist shoppers.
Macy’s refashions downtown store with eye toward revitalizing chain’s prospects.
This fall, downtown L.A.’s Southern California Institute of Architecture (SCI-Arc) will roll out four specialized postgraduate programs aimed to groom architects for a wide range of twenty-first century careers. Hosted under the umbrella, Edge, Center for Advanced Studies in Architecture, the one-year degrees will be a Master of Science in Architectural Technologies, Master of Arts in Entertainment and Fiction, Master of Science in Design of Cities, and Master of Science in Design Theory and Pedagogy.
Congestion last year at the ports of Los Angeles and Long Beach contributed to a rise in greenhouse gas emissions, port officials have reported.