Company’s tech sees increased use amid lockdowns
The quarantine that has fast-tracked ecommerce — it’s expected to increase 18% to $709 billion this year and represent 14.5% of total U.S. retail sales, according to industry researcher eMarketer Inc. — has also been a boon for augmented reality software developers focused on retail.
Hiring follows investigation into accounting practices
El Segundo-based toy maker Mattel Inc. has brought on two new executives for key positions.
Gene Seroka guides the Port of LA — and the city’s PPE supply efforts
Gene Seroka, the executive director of the Port of Los Angeles, picked up additional duties in March when Los Angeles Mayor Eric Garcetti named him the city’s chief logistics officer.
Aerojet Rocketdyne Chief Executive Eileen Drake is appointed to a National Space Council advisory group.
San Pedro Bay ports report mixed results in May amid ongoing pandemic
If you ask folks at the Port of Long Beach, things are looking up. The Port of Los Angeles, meanwhile, reported a 29.8% year-over-year decrease.
Cannabis company expands with acquisitions, licensing
Venice-based Hightimes Holding Corp. has been busy of late, expanding its dispensary footprint and venturing into licensing with two deals.
Competitor Fralock picks up electronic components maker
Electronic components manufacturer Circuit Services, which does business as Career Technologies USA, has been acquired by a local competitor.
Company sets $10 million in contributions to support publishing companies with leadership that is underrepresented in the gaming community.
The job cuts were made in anticipation of the termination of TrueCar’s partnership with USAA Federal Savings Bank.
Court ruling clears path for production of vehicles
Faraday & Future Inc.’s founder and former chief executive caught a break from the U.S. Bankruptcy Court for the Central District of California in Los Angeles.
Carmaker to pay state $2 Million over engine emissions
American Honda Motor Co. Inc. reached a $1.9 million settlement with the California Air Resources Board for clean-air violations related to small engines used to power lawnmowers and other garden equipment.
Agency's food program connects suppliers, needy
Goodman Food Products Inc., doing business as Don Lee Farms, is among a handful of Los Angeles County firms that won contracts with the U.S. Department of Agriculture to provide food boxes to nonprofits serving the needy.
Cosmetics startup connects with consumers
Leila Kashani did not have the Covid-19 shutdown in mind when she founded Alleyoop Inc.
But lower volumes are projected in second quarter
Terminal operators and dockworkers at the Port of Long Beach moved 519,730 twenty-foot equivalent units (TEUs) of cargo last month, a 17.3% decline compared to April 2019.
Gardena steel products maker will retain name
Gardena-based Alameda Pipe & Steel Co. has a new owner.