Stories by Howard
Local consumer sentiment about current and future business conditions in Los Angeles County and the nation surged during the first quarter from record low levels last year.
Downtown-based commercial solar rooftop installer PermaCity has been acquired by Catalyze, an independent renewable power producer in Boulder, Colo.
Glass House and Cadiz formed a joint venture in late 2019 to grow hemp in the Mojave Desert.
L.A. County’s economic recovery continued in March as employers added 34,000 jobs and the unemployment rate dipped again.
Long Beach-based Agilon Health Inc. raised approximately $1.07 billion through its initial public offering.
Culver City-based NantHealth Inc. announced a $137 million financing package that will be provided by two of its existing investors.
El Segundo, which sits on the airport’s southern edge, last month sent in comments opposing LAWA’s proposal to add two new terminals as part of the Airfield and Terminal Modernization Project.
Westwood-based startup CarbonBuilt Inc. has a concrete plan for reducing carbon emissions.
Another legal challenge has been launched against a project by downtown-based water infrastructure company Cadiz Inc. to pump and transport water from its desert aquifer.
Long Beach-based Agilon Health Inc., which helps primary care physician groups to cap costs for their Medicare Advantage patients, is seeking to raise up to $1.7 billion from its IPO.
The Los Angeles Metropolitan Transportation Authority has named former Metro executive Stephanie Wiggins as the agency's next chief executive.
Pomona-based specialty drilling contractor D.J. Scheffler & Nye Inc works on some of the region's toughest projects.
After three months of job losses during a devastating surge in Covid-19 cases, Los Angeles County’s economy finally perked up in February.
Local airports continued to tell a tale of two worlds in February as passenger counts dropped yet again while cargo tonnage surged to new heights.
Long Beach-based Agilon Health Inc., which helps primary care physician groups cap costs for their Medicare Advantage patients, filed paperwork on March 18 with the Securities and Exchange Commission to become a publicly traded company.
USC has selected University of Pittsburgh Medical Center executive Steven Shapiro to fill a newly created role to guide the school’s health sciences programs starting May 15.
Santa Monica-based Kite Pharma announced March 5 that the Food and Drug Administration has granted accelerated approval for the company’s principal drug, Yescarta, for the treatment of adult patients with relapsed follicular lymphoma after two or more other therapies had already been applied.
City of Hope Researcher Arthur Riggs Helped Create Artificial Insulin, Now Emerges as Its Largest Donor
Arthur Riggs, a pioneer of the modern biotech industry and developer of artificial insulin has donated over $300 million to City of Hope.
Los Angeles County’s unemployment rate dropped to 11.5% in February as the county added nearly 48,000 jobs.
The settlement brings USC’s total payouts for lawsuits involving former campus gynecologist George Tyndall to more than $1.1 billion.
The LABJ Interview
CEO John Agwunobi sat down with the Business Journal to discuss the pandemic’s impact on Herbalife, his unique perspective on pandemic preparedness and more.
Even as Los Angeles County’s employment picture darkened after revised state data showed job losses for 2020 were substantially bigger than previously reported.
Ontrak Inc., which recently announced that it would be losing its largest customer, has named CVS Health executive Jonathan Mayhew as its new CEO.
L.A. County’s unemployment rate for both December and January at 12.6%, with December’s rate being significantly higher than the 11% first reported six weeks ago.
The biggest change in years for billionaire Patrick Soon-Shiong’s family of biotech businesses was completed last week.
The Los Angeles County Metropolitan Transportation Authority board is slated to vote March 25 on proceeding with two proposals for rail transit through the Sepulveda Pass.
San Dimas-based American States Water Co.’s primary business is owning a water utility with customers throughout the state.
Downtown-based AECOM has unveiled its first large-scale field demonstration of an economically and environmentally sustainable technology.
Santa Monica-based GoodRx Holdings Inc. reported a 42% jump in revenue for 2020 in the company’s second quarterly earnings report since going public.
BreathDirect, a startup Long Beach medical device company, has received emergency use authorization from the Food and Drug Administration to market its low-cost medical ventilator.
Westwood-based ChromaDex Corp. has reached an agreement to place its TruNiagen nutrition supplement in 3,000 Walmart stores.
The “K-shaped recovery” phenomenon doesn’t just apply to the Covid-era economy.
Palms-based Bionaut Labs, which is developing nanorobots that can be used to deliver drugs to treat brain diseases, announced last week that it has received $20 million in a funding round.
Santa Monica-based artificial intelligence telehealth firm Ontrak Inc. will be losing its largest customer in June.
Pasadena-based engineering and consulting firm Tetra Tech Inc. has received a five-year, $39 million contract from the U.S. Agency for International Development.
With two recent acquisitions under its belt, Pasadena-based startup Innova Medical Group Inc. is ramping up procurement and production of rapid antigen tests.
Beverly Hills-based biotech firm Capricor Therapeutics Inc. is about to start work on an entirely new type of Covid-19 test.
The Covid-19 vaccine candidate being developed by two of billionaire Patrick Soon-Shiong’s companies moved a step closer to deployment.
Few companies have been as eagerly anticipating the new administration of President Joe Biden and Democratic control of Congress as Molina Healthcare Inc.
LAX statistics for January show passenger traffic remains stalled while cargo tonnage is accelerating.
Monrovia-based biopharmaceutical company Xencor Inc. has signed a partnership agreement with UCLA’s Technology Development Group to develop new drugs.
Hawthorne-based private aviation company Surf Air Mobility Corp. is going electric.
Black Entrepreneurs Month Special Report
For more than a quarter of a century, Gene Hale has been a leader in L.A.’s Black business community.
Quantgene's partnership with Vikor Scientific will help commercialize its liquid biopsy genomic test platform.
Growing up the son of a prominent local veterinarian, entrepreneur Brandon Werber never thought he would have to search for a vet for his two French bulldogs.
Local incubator member and digital health company Avhana Health Inc. has been acquired by Wilmington, Del.-based digital medicine products company Amalgam Rx Inc. for an undisclosed sum.
Hawthorne-based Boring Co. on Feb. 3 gained approval from the San Bernardino County Transportation Authority.
Pasadena-based engineering and consulting firm Tetra Tech Inc. was awarded a five-year, $25 million contract by the U.S. Agency for International Development.
Duarte-based City of Hope has received a $100 million donation from one of its research pioneers, Arthur Riggs.
UCLA Health has received a $29 million gift from philanthropist Allen Ginsburg and his wife Charlotte to establish a center for precision genetic medicine.