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Eden Memorial Park in Mission Hills has settled a class-action lawsuit for $35 million that accused it of digging up and dumping remains in order to reuse burial sites – though when all costs are included the total could reach $80 million, according to media reports on Friday.
Shares of Air Lease Corp. climbed in after-hours trading Thursday after the aircraft leasing company reported better-than-expected fourth quarter earnings and revenue.
Platinum Equity on Thursday said it completed the sale of fleet equipment rental company Nesco to an affiliate of Energy Capital Partners.
Shares of UTi Worldwide Inc. sank nearly 30 percent Wednesday after the logistics company said it had breached debt covenants and expected to report a fourth quarter loss.
DineEquity Inc. reported fourth quarter earnings on Wednesday in line with analysts’ estimates, but announced the departure of an executive at its Applebee’s chain, which saw same-store sales fall.
Edison International moved to a profit in the fourth quarter as the company nears completion of the sale of its money-losing power-generation unit.
Live Nation Entertainment Inc. on Monday reported a smaller fourth-quarter operating loss as revenue from concerts and other business segments offset lower revenue at its Artist Nation management business.
ReachLocal Inc. on Monday released open-source software code that it said should help other developers create cross-platform mobile apps.
HandsOn3 on Monday said that one of its affiliated funds has signed an agreement to acquire BancTec Inc., a Dallas firm that provides financial transaction automation and document management services to companies.
The Blackstone Charitable Foundation on Friday announced it was making a $3.5 million grant to three local universities to set up an entrepreneur support program.
London private equity firm Permira has a $200 million investment LegalZoom.com Inc., making it the largest shareholder of the Glendale legal services company.
Inglewood event rental and services provider Classic Party Rentals Inc. has said it signed an agreement to sell most of its business to a newly established entity owned by the company’s lenders.
EXPANSION: Airpush adds Google vet Matt Shaw to newly opened Venice office.
Mobile advertising platform Airpush Inc. continues its growth with the opening of its Venice headquarters and the hiring of former Google Inc. exec Matt Shaw.
FOOD: Middleman says he was boxed out by Trader Joe’s.
Broker of peanut butter-filled pretzels claims he’s left holding bags after Trader Joe’s conspired with supplier.
PR: Howard Bragman guided Michael Sam’s coming out.
When Michael Sam sat down with ESPN and the New York Times to announce that he was gay, the Missouri football star and NFL draft prospect certainly got attention.