LABJ WEEKLY EDITION
LA500 Special Issue: The Most Influential People in L.A.
The Business Journal unveils its fifth annual LA500 list, honoring the most influential leaders and executives in Los Angeles.
Live Nation Reaches Latin America With $444 Million Deal for OCESA
Live Nation Entertainment Inc. said it will acquire OCESA Entretenimiento for $444 million.
Greenberg Glusker’s Bob Baradaran Shares What’s Ahead for LA Real Estate and His Firm
The LABJ Interview
In every sense possible, Bob Baradaran’s last 18 months have been dedicated to rapidly changing real estate.
Johnny Was Apparel Brand Investment Pays Off for Endeavour
Downtown-based apparel brand Johnny Was has quadrupled its annual revenue to about $200 million.
How GoodRx Fended Off Amazon
GoodRx and its consumer-focused health care apps have managed to hold their own and even thrive despite an escalating threat from Amazon.com Inc.
New LA28 CEO Kathy Carter Shares How LA Business Leaders Can Help Make the Games Great
The road to any Olympics is a series of goals and milestones, turning preparation into possibilities.
Diversis Reaches Milestone $1 Billion Assets Under Management
Diversis Capital Management in now part of an exclusive club of Los Angeles firms with assets under management of more than $1 billion.
Whatnot Reaches $1.5 Billion Valuation
The valuation is tied to the company closing its third investment round of the year, through which it brought in $150 million.
Eye-Catching $500 Million Tower Planned for Hollywood
A new showstopper is planned for Sunset Boulevard in Hollywood.
Appetize Acquired by SpotOn for $415 Million
Playa Vista-based point-of-sale software developer Appetize Technologies Inc. has been acquired by SpotOn Transact Inc. for $415 million.
Fika Ventures Raises $195 Million for Tech Investments
Fika Ventures will direct the funds toward seed investments in software, fintech, marketplaces and health care IT.
LA Ports Still Clogged With Cargo Imports
With some 60 container cargo ships idling at the entrance of the port complex last week, traffic congestion in the San Pedro Bay shows no signs of letting up.
Brian Robbins Named Paramount Pictures’ Next Chairman, CEO
ViacomCBS Inc., parent company of Hollywood-based Paramount Pictures Corp., has named Brian Robbins the studio’s next chairman and chief executive.
Fox Corp. Acquires TMZ for $50 Million
Fox Corp. announced it acquired tabloid journalism online newspaper TMZ on Sept. 13 for an estimated $50 million.
California Market Center Readies for Completion of $170 Million Makeover
The Gensler-designed renovation adds a rooftop terrace, open-air skybridges, dining space and an events plaza.
Involve.ai Helps Businesses Retain Their Subscribers
For companies that rely on long-term customers, “churn” — a term that refers to the number of canceled or lapsed subscriptions — is a major challenge.
Chris Paul-Backed Greenfly Catches on With Athletes
The idea for Greenfly Inc. came to former right-fielder Shawn Green after he hit a record four home runs in a 2002 Los Angeles Dodgers game.
Team Huddle Builds Scheduling Tool Aimed at Improving Mental Health
The company's first product, ScheduleIQ, has a 'burnout meter' and keeps track of work-life balance.
Maersk Shipping Line Invests in WasteFuel
WasteFuel Global — which is turning municipal waste into aviation and ship fuel — has added the world’s largest container shipping line as a minority investor.
GS Foods Acquires C&C Produce
GS Foods Group Inc., an Ontario-based specialized food distributor owned by affiliates of private equity firms in Brentwood and Greenwich, Conn., has acquired C&C Produce, giving the combined business a significant scale nationally.
Tri Counties Bank Opens Loan Office in Pasadena
Chico-based TriCo Bancshares is pushing into Los Angeles County with the opening of a loan production center in Pasadena in what is considered a first step before making an acquisition in commercial banking-rich L.A.
Standard Real Estate Launches With Focuses on Minority Investments
Hollywood-based Standard Real Estate Investments is making an investment in diversity.
Beverage Distributor Buys Corona Warehouse for $30 Million
City of Industry-based Classic Distributing & Beverage Group Inc. has purchased a 140,000-square-foot warehouse in Corona for roughly $30 million.
Bozzuto Management Breaks into LA Market
Maryland-based Bozzuto Group is rolling into the West Coast.
Wall Street Embraces LA Companies Shaking Up the Financial System
Local fintech companies are moving payments and conducting financial transactions at lightning-fast speeds.
Jason Wilk on Launching Fintech Dave Inc.
The LABJ Interview
The tech founder talks about his relationship with Mark Cuban and Dave's plans to IPO.
HopSkipDrive, a Ride-Hailing App for Kids, Plans to Triple in Size
HopSkipDrive plans to use its latest funding round to grow into 30 new markets.
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