According to Beyond Meat Chief Executive Ethan Brown, the company started 2020 with a 50/50 split between the retail and foodservice sectors, but by the end of the second quarter, that balance was 88% retail and 12% foodservice due to market disruptions caused by Covid-19.

Beyond Meat Posts Second-Quarter Sales Gain

Shares of Beyond Meat Inc. dropped about 6% after the maker of plant-sourced meats reported second-quarter sales on Aug. 5 that beat Wall Street expectations.
TrueCar Inc. CEO and President Mike Darrow

TrueCar Selling ALG Unit for $135 Million

TrueCar Inc. has entered into an agreement with J.D. Power to sell its ALG Inc. subsidiary for $135 million.

Read More Recent News



GoodRx co-founders and co-CEOs Doug Hirsch and Trevor Bezdek.

GoodRx Adds Telehealth to Its Comparison-Shopping Platform

Santa Monica-based GoodRx Inc., which rose to prominence through its app allowing consumers to comparison shop pharmacies for prescription drugs, now wants to give consumers the power to lower their overall health care costs.
Fulgent Genetics Inc. Chief Executive Ming Hsieh.

Fulgent Earnings Soar on Covid Testing Surge

Earnings for Fulgent Genetics Inc. increased 10-fold, and revenue doubled in the second quarter.


Alive Ventures CEO John Zapolski

Alive Ventures Launches to Assist the Elderly

Alive Ventures, a venture studio dedicated to helping older Americans, has spun out of Long Beach-based Scan Foundation.
Diana Shiba, president, Los Angeles County Medical Association.

LA County Medical Association Names Shiba as President

Ophthalmologist Diana Shiba has been elected as the first Asian American woman president of the Los Angeles County Medical Association.

Companies On The Move
People On The Move




Reader Poll

READER POLL: Should companies like TikTok, Riot Games and Activision Blizzard be penalized for having Chinese ownership?

In This Week's Issue


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GoodRx Adds Telehealth to Its Comparison-Shopping Platform

Santa Monica-based GoodRx Inc., which rose to prominence through its app allowing consumers to comparison shop pharmacies for prescription drugs, now wants to give consumers the power to lower their overall health care costs.


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Investors Play Wait-and-See With Struggling Quibi

Jeffrey Katzenberg’s short-form streaming service Quibi proved itself to be a contender in the world of premium quality content last week by earning 10 Emmy nominations in its first foray into TV’s most prestigious annual competition.


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Special Report: Real Estate Quarterly — Q2 2020

Ecommerce boosts industrial, long-term leases keep the office sector afloat, interest increases in 1031 exchanges — these trends and detailed submarket data are featured in the Q2 2020 Real Estate Quarterly special report.


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Young Investors Drive Increased Use of Investing Apps

Amid the market volatility caused by the Covid-19 pandemic, fintech and investing apps are reporting a rise in user activity as amateur investors enter the market.


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LA City, County Lead the Way on Minimum Wage Increases

Workers in the city of Los Angeles and in unincorporated areas of L.A. County got a bigger paycheck last month.


Latest Local News

According to Beyond Meat Chief Executive Ethan Brown, the company started 2020 with a 50/50 split between the retail and foodservice sectors, but by the end of the second quarter, that balance was 88% retail and 12% foodservice due to market disruptions caused by Covid-19.

Beyond Meat Posts Second-Quarter Sales Gain

Shares of Beyond Meat Inc. dropped about 6% after the maker of plant-sourced meats reported second-quarter sales on Aug. 5 that beat Wall Street expectations.
TrueCar Inc. CEO and President Mike Darrow

TrueCar Selling ALG Unit for $135 Million

TrueCar Inc. has entered into an agreement with J.D. Power to sell its ALG Inc. subsidiary for $135 million.

People On The Move
GoodRx co-founders and co-CEOs Doug Hirsch and Trevor Bezdek.

GoodRx Adds Telehealth to Its Comparison-Shopping Platform

Santa Monica-based GoodRx Inc., which rose to prominence through its app allowing consumers to comparison shop pharmacies for prescription drugs, now wants to give consumers the power to lower their overall health care costs.
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Fulgent Genetics Inc. Chief Executive Ming Hsieh.

Fulgent Earnings Soar on Covid Testing Surge

Earnings for Fulgent Genetics Inc. increased 10-fold, and revenue doubled in the second quarter.
Reader Poll
READER POLL: Should companies like TikTok, Riot Games and Activision Blizzard be penalized for having Chinese ownership?
Companies On The Move
Alive Ventures CEO John Zapolski

Alive Ventures Launches to Assist the Elderly

Alive Ventures, a venture studio dedicated to helping older Americans, has spun out of Long Beach-based Scan Foundation.
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