Longtime Rand CEO Michael Rich to Retire Next Year
Rand Corp. Chief Executive Michael Rich will retire next year after leading the nonprofit research organization for more than a decade.
New Housing Program Targets ‘Missing Middle’
For years, policymakers in Los Angeles County and other pricey regions of California have bemoaned the difficulty of providing housing for middle-
income residents.
LA County Unemployment Rate Dips Below 10% in September for First Time Since Pandemic Began
Los Angeles County’s unemployment rate fell to 9.8% in September, dropping into the single digits for the first time since the Covid pandemic began.
KKR Acquires Kobalt Capital Music Rights Portfolio for $1 Billion
West Hollywood-based Kobalt Music Publishing, a subsidiary of Kobalt Music Group, will continue to manage the works listed in the portfolio.
Netflix Reopens Pacific Palisades’ Bay Theater
Netflix Inc. is reopening Pacific Palisades’ Bay Theater for the first time since it was shuttered during the Covid pandemic.
Platinum Equity Acquires Pelican Products
Beverly Hills-based Platinum Equity has acquired Pelican Products Inc., which manufactures protective cases for photo and video equipment and vaccine transport.
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