LA BUSINESS JOURNAL DAILY NEWS
Mattel Launches Website to Help Kids During Covid-19 Quarantine
El Segundo-based toy manufacturer Mattel Inc. rolled out a website with free games, activities and content to help children who are staying home during the pandemic.
2020 Environmental Business Special Report
Consumers demand environmentally friendly solutions from nearly every industry. Here’s how some L.A. companies are responding — and thriving.
Risks and Rewards
Oskouian likes her chances when it comes to growing Ship & Shore
Ship & Shore has 90 full-time employees and pulls in between $20 million and $25 million a year designing and making a range of air pollution control devices.
By a Thread
360Sweater spins up a range of recycled cashmere products
360Sweater's Naked Cashmere line is made from cashmere recycled from never-worn clothing items.
Safe at Home
Two years after joining Amazon, Ring is hitting its stride
Ring is one of the most recognized brands and most widely used technologies in a smart-home market that’s expected to total $101.1 billion in 2020.
Jacmar Bulks Up for Retail
Restaurant supplier reaches out to consumers
Opening Jacmar’s warehouse to the public for curbside pickup is one of the ways President and CFO Jim Hliboki is trying to keep his company afloat during the pandemic.
MJW Launches $500M Fund
Company seeks multifamily opportunities
Santa Monica-based MJW Investments is creating a $500 million fund to invest in value-add multifamily, student housing and more.
LA Businesses Racing to Adapt
Virus drives virtual, ecommerce options
Companies in Los Angeles County are finding new ways to conduct business since state and local officials issued rules designed to combat the spread of Covid-19.
LABJ Insider
Open for Business
Read this week's column from Los Angeles Business Journal Editor Scott Robson for goings-on in L.A.'s business community.
Quibi on Track for April Launch
Streaming service with fresh content could benefit from lockdown
Short-form streaming startup Quibi has been forced to cancel promotional events, but it appears that the company remains advantageously positioned to launch on April 6.
Ballmer’s Forum Deal Raises Questions
Clippers owner pays $400 million, still plans to build basketball arena nearby
Los Angeles Clippers owner Steve Ballmer's $400 million cash purchase of the Forum has people wondering what the deal will mean for the storied Inglewood venue.
Burke to Remain CEO at AECOM
Hunt will continue for replacement
Michael Burke, who had been expected to step down as chief executive at Century City-based engineering company AECOM at the end of March, will remain at the helm of the company for the foreseeable future.
Prime WeHo Property Sells
Site could see mixed-use development
A development site at the intersection of Santa Monica and La Cienega boulevards has sold for $22.5 million.
LAX Posts Traffic Dip for February
Drop is expected to worsen in March and April
Passenger traffic at Los Angeles International Airport fell nearly 4% in February with international traffic plunging almost 10% as the first impact of the coronavirus pandemic was felt.
RCT Studio Raises $10 Million
Developer will target VR platforms
RCT Studio, a Burbank-based developer of interactive games, announced it has raised $10 million in Series A funding.
Green Dot Taps Henry as New CEO
Financial technology veteran will also join the board
Pasadena-based Green Dot Corp. has named Dan Henry chief executive and president.
Colony Capital Settles Dispute With Investor
Activist Blackwells agrees to support Barrack’s vision
Downtown-based real estate investment company Colony Capital Inc. and activist investor Blackwells Capital have reached a settlement.
Mortgage Market on High Alert
Some contend coronavirus could drive up defaults
Ahead of passage of the federal government’s coronavirus rescue package last week, uncertainty roiled the commercial mortgage market.
Saucey Reports a Spike in Demand
Alcohol delivery service surges in key markets
For Saucey Inc. Chief Executive Chris Vaughn, the signs pointing to a spike in demand for the company's alcohol delivery app came well ahead of the stay-at-home order.
Ranker Sets Viewing App
Watchworthy will help viewers navigate platforms
Digital media company Ranker Inc. has rolled out a new app to help consumers search for and discover shows across a range of streaming platforms.
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