INVESTMENT: Deals, IPOs help add 13 traded firms to list.
Deals and IPOs help the L.A. area stock up on more publicly traded companies.
After several slow years, deals and initial public offerings have roared back, shaking up the Business Journal’s annual list of publicly traded companies in Los Angeles.
Los Angeles oil company Breitburn Energy Partners announced Thursday that it has agreed to buy QR Energy of Houston for nearly $2 billion in cash and stock.
Former Los Angeles City Council Richard Alarcon and his wife were convicted Wednesday of voter fraud and perjury in a case involving allegations they lied about their residence in order for him to qualify to run for office.
Herbalife shares rallied Tuesday after a hedge fund manager’s presentation failed to deliver convincing evidence to back up his allegations that the Los Angeles multilevel marketing nutritional supplements company is a fraudulent scheme.
water: Rash of new deals also buoys American States’ shares.
Stability of utility stocks and the expectation of new business have buoyed American States.
Los Angeles County’s unemployment rate fell to 8.1 percent in June as employers added a net 4,800 jobs, according to figures released Friday.
Most bank executives wouldn’t brag about how many of their employees were watching sports during the workday. Then there’s Alan Rothenberg.
New rules let UCLA put money into startups
UCLA may graduate to startup investing now that University of California has axed its funding ban.
Private rocket company SpaceX of Hawthorne has moved a giant step closer towards its goal of launching rockets for the U.S. military.
Talks have broken off regarding an acquisition of Scripps Research Institute of La Jolla by USC or a merger or partnership between the two.
MEDIA: Entravision shares lifted in part by Mexico’s World Cup performance.
Entravision’s shares rise on a triple play of World Cup ratings, ad firm acquisition and a Supreme Court ruling.
STORAGE: William Warren Group thinks outside box with pricey pickup service and bellhops to move items.
William Warren Group looks to box out rivals by offering high-end services to pick up and carry items.
Two Los Angeles city councilmen on Tuesday called for a crackdown on employers who do not pay their workers the proper amount of wages.
Garagiste event looks to open doors for boutique vintners.
Festival at Union Station will raise a glass to ‘garagiste’ vintners.
Shortly after Andrew Silber opened his Whale & Ale pub in San Pedro, he hired a retired violinist to provide entertainment every Friday night.
HOUSING: Median surpasses $500,000 for first time since ’07.
L.A.’s median home price has passed $500,000 for the first time since 2007, but there’s little bubble worry.
L.A. County’s unemployment rate dipped to 8.2 percent in May as 15,000 more residents found jobs during the month, according to state figures released Friday.
The return of the bubble? Thanks to the economic recovery, the Westside tech boom, the end of the foreclosure wave and the return of cash-rich investors, L.A. has hit a milestone: The median home price has topped $500,000 for the first time in seven years.
Bel-Air project rivals Spelling mansion for county’s largest.
Stakes are high as developer aims to build L.A.’s largest single-family home.
BIOTECH: Monrovia firm’s trials of its asthma drug breathe life into stock.
Investors breathe new life into the stock of drug maker Xencor as its asthma drug enters clinical trials.
Los Angeles is one of four U.S. cities approved to bid for the 2024 Summer Olympics, the U.S. Olympic Committee announced Friday.
A metal company in Long Beach and a health supplement company in City of Industry have made the final list of 31 companies eligible for state hiring tax credits under a jobs program, Gov. Jerry Brown’s office announced Tuesday.
L.A. private equity billionaire Thomas Barrack has donated $15 million to the university’s Marshall School of Business, the university announced Tuesday.
Nearly one in four Los Angeles area employers plan to hire more workers during the third quarter, the best showing in several years, according to a survey released today from Manpower Inc.
Los Angeles Mayor Eric Garcetti announced Monday that more than 140 local employers have pledged to hire more than 10,000 veterans over the next three years.
REGULATION: State proposal looks to target slick operators.
State lawmaker looks to smooth the way for police to crack down on the theft of used kitchen grease.
TOURISM: Council OKs remodeling plan as scoring football team seems unlikely.
City of Los Angeles looks to field an improved Convention Center as football stadium plans fade.
The theft of used kitchen grease might seem like an innocuous crime, but the thefts are causing large losses for sellers of biodiesel that depend on the waste to make fuel.
HEALTH CARE: Proa looks to fill niche by focusing on tweaks to existing products.
Incubator-accelerator Proa Medical offers a shot in the arm to those looking to improve existing devices.
The owners of the El Super grocery chain said that even as some workers were on the picket line, others are trying to decertify the union.
In a major victory for the region, Los Angeles on Wednesday was named as one of 12 metropolitan areas nationwide eligible for $1.3 billion in federal manufacturing assistance.
Los Angeles city officials on Tuesday moved forward with a plan to remodel the Convention Center without a long-planned football stadium.
Local attorney and car enthusiast Tim Lappen recently scored the gig of a lifetime: test driving and reviewing a $2.5 million Bugatti roadster.
shipping: Parties seem open to avoiding costly shutdown.
Analysts say terminal operators and union workers hope to avoid making waves during contract negotiations.
GOVERNMENT: Mayor pairs two permits to speed process.
City of L.A.’s small steps on permits could yield big time savings for commercial buildings and restaurants.
L.A. County’s unemployment rate fell to 8.3 percent in April as 30,000 more residents found jobs during the month, according to state figures released Friday.
Traffic at the ports of Los Angeles and Long Beach rose 10 percent in April compared with the same month last year, according to figures released Thursday.
The Los Angeles County Business Federation on Monday announced its endorsement of businessman Damon Dunn for Long Beach mayor.
Bank program offers high schoolers chance to check out business.
Bank program lets high school tellers open window on future careers.
ENERgy: CEO says Oxy will pursue oil projects in other parts of California.
Occidental Petroleum Corp. to make a clean break with anti-fracking communities and focus on other California sites.
WATER: Judge rejects lawsuits against Cadiz’s desert project.
Plan for Cadiz’s desert aquifer looks ready to heat up after judge dismisses opponents’ challenges.
The Los Angeles County Business Federation on Thursday joined other local business groups in backing Bobby Shriver for county supervisor in next month’s hotly contested primary election.
Nearly two-thirds of local companies say business conditions are improving and 36 percent say they plan to add employees, according to an annual survey from the Los Angeles County Business Federation, or BizFed.
Occidental Petroleum Chief Executive Stephen Chazen told analysts Monday that the company’s new California spinoff will not drill in communities that oppose fracking.
AUTOMOTIVE: City looks to Carson in how to replace carmaker.
Nissan’s departure from Carson might offer a roadmap to recovery for Toyota-losing Torrance.
Talk about a career change: Longtime local TV newscaster Laurel Erickson, who used to do hard-hitting stories on housing developments, is now showing houses for a living.
London-born Roxana Tynan had to bridge some cultural gaps while pushing living wage, union organizing.
London-born Roxana Tynan found her voice speaking up for laborers.
MUSIC: Businesses fear Labor Day weekend event will drive off customers.
Downtown L.A. leaders are questioning if a Labor Day weekend festival will work for businesses.
GOVERNMENT: Employers say mandate would cost jobs.
Business owners and groups say a state proposal for three days of employee sick leave just won’t work.