Los Angeles Business Journal

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We selected 20 rising stars in L.A.'s business community under the age of 30. They’re young and resilient, and they're r...
06/18/2021

We selected 20 rising stars in L.A.'s business community under the age of 30. They’re young and resilient, and they're ready to grow their businesses post-pandemic. Meet the young entrepreneurs and business professionals who comprise this year’s class of "20 in their 20s." http://ow.ly/baVH50FbMjt

We selected 20 rising stars in L.A.'s business community under the age of 30. They’re young and resilient, and they're ready to grow their businesses post-pandemic. Meet the young entrepreneurs and business professionals who comprise this year’s class of "20 in their 20s." http://ow.ly/baVH50FbMjt

Tomorrow is the big day — nearly all the state's pandemic restrictions will lift, allowing businesses to resume normal o...
06/14/2021

Tomorrow is the big day — nearly all the state's pandemic restrictions will lift, allowing businesses to resume normal operations at full steam. What do L.A. business operators have to say about the long-awaited reopening? "It’s a big deal. I’m very optimistic that the world will come back," said Jay Gentile, Chief Operating Officer of Culver City-based Veggie Grill. Hear from Veggie Grill and other local businesses at labusinessjournal.com. labusinessjournal.com/news/2021/jun/14/business-owners-prepare-california-reopening/

Tomorrow is the big day — nearly all the state's pandemic restrictions will lift, allowing businesses to resume normal operations at full steam. What do L.A. business operators have to say about the long-awaited reopening? "It’s a big deal. I’m very optimistic that the world will come back," said Jay Gentile, Chief Operating Officer of Culver City-based Veggie Grill. Hear from Veggie Grill and other local businesses at labusinessjournal.com. labusinessjournal.com/news/2021/jun/14/business-owners-prepare-california-reopening/

Glendale-based LegalZoom  has filed plans to go public, with plans to trade on the Nasdaq under the ticker symbol LZ. Re...
06/09/2021

Glendale-based LegalZoom has filed plans to go public, with plans to trade on the Nasdaq under the ticker symbol LZ. Read more about the company's IPO plans at http://ow.ly/yZOT50F6J4p

Glendale-based LegalZoom has filed plans to go public, with plans to trade on the Nasdaq under the ticker symbol LZ. Read more about the company's IPO plans at http://ow.ly/yZOT50F6J4p

The 2021 issue of the LA 500 — a list of the 500 most influential leaders and impactful executives in Los Angeles — is h...
06/01/2021

The 2021 issue of the LA 500 — a list of the 500 most influential leaders and impactful executives in Los Angeles — is here. Given the challenges of the last year, this list may be the most impressive to date. View the full list here: https://labusinessjournal.com/news/la500/2021/

The 2021 issue of the LA 500 — a list of the 500 most influential leaders and impactful executives in Los Angeles — is here. Given the challenges of the last year, this list may be the most impressive to date. View the full list here: https://labusinessjournal.com/news/la500/2021/

Pet owners are giving their dogs and cats the luxury treatment, and that's proving to be a boon to the local pet care st...
05/28/2021

Pet owners are giving their dogs and cats the luxury treatment, and that's proving to be a boon to the local pet care startups. Los Angeles-based companies like Jinx, Zoom Room Dog Training and PrettyLitter are part of a $96 billion industry that's only projected to keep on growing. As Brett Yates, chief executive of Michelson Found Animals Foundation, puts it: "The space is really rich.” Read about some of the L.A. companies taking advantage of booming pet care industry at http://ow.ly/qMbr50EXmjO.

Pet owners are giving their dogs and cats the luxury treatment, and that's proving to be a boon to the local pet care startups. Los Angeles-based companies like Jinx, Zoom Room Dog Training and PrettyLitter are part of a $96 billion industry that's only projected to keep on growing. As Brett Yates, chief executive of Michelson Found Animals Foundation, puts it: "The space is really rich.” Read about some of the L.A. companies taking advantage of booming pet care industry at http://ow.ly/qMbr50EXmjO.

Chief, a private club  for vice president and rising and C-level executives, has opened a Los Angeles outpost with six m...
05/17/2021

Chief, a private club for vice president and rising and C-level executives, has opened a Los Angeles outpost with six meeting rooms, lounges, a cocktail bar and a mother’s wellness room. "We wanted to develop a space where our members could meet one another and have cocktails and really congregate and also have meetings," said cofounder Lindsay Kaplan. Read more about L.A.'s newest members-only hangout at labusinessjournal.com/news/2021/may/17/private-executive-club-chief-opens-los-angeles/

Chief, a private club for vice president and rising and C-level executives, has opened a Los Angeles outpost with six meeting rooms, lounges, a cocktail bar and a mother’s wellness room. "We wanted to develop a space where our members could meet one another and have cocktails and really congregate and also have meetings," said cofounder Lindsay Kaplan. Read more about L.A.'s newest members-only hangout at labusinessjournal.com/news/2021/may/17/private-executive-club-chief-opens-los-angeles/

Bird says it's going public with a listing on the New York Stock Exchange. The planned IPO  values the Santa Monica-base...
05/12/2021

Bird says it's going public with a listing on the New York Stock Exchange. The planned IPO values the Santa Monica-based company at $2.3 billion. “This is the next significant step on our journey to provide the world with safe, eco-friendly transportation,” said CEO Travis VanderZanden. labusinessjournal.com/news/2021/may/12/bird-scooters-public-ipo-spac-2-billion/

Bird says it's going public with a listing on the New York Stock Exchange. The planned IPO values the Santa Monica-based company at $2.3 billion. “This is the next significant step on our journey to provide the world with safe, eco-friendly transportation,” said CEO Travis VanderZanden. labusinessjournal.com/news/2021/may/12/bird-scooters-public-ipo-spac-2-billion/

NASA - National Aeronautics and Space Administration is committed to landing the first woman and person of color on the ...
05/04/2021

NASA - National Aeronautics and Space Administration is committed to landing the first woman and person of color on the moon by 2024 — and with help from Los Angeles companies, it's not only making progress toward that goal but developing the technology needed to send humans to even deeper reaches of space.

Dozens of L.A. companies big and small like Aerojet Rocketdyne are working behind the scenes as contractors on the ambitious projects. Read more details at labusinessjournal.com.

labusinessjournal.com/news/2021/apr/19/local-aerospace-major-roles-nasa-moon-missions/

NASA - National Aeronautics and Space Administration is committed to landing the first woman and person of color on the moon by 2024 — and with help from Los Angeles companies, it's not only making progress toward that goal but developing the technology needed to send humans to even deeper reaches of space.

Dozens of L.A. companies big and small like Aerojet Rocketdyne are working behind the scenes as contractors on the ambitious projects. Read more details at labusinessjournal.com.

labusinessjournal.com/news/2021/apr/19/local-aerospace-major-roles-nasa-moon-missions/

Banc of California is planning a major push into the Los Angeles market, starting with a new home in Brentwood. "Our nam...
04/28/2021

Banc of California is planning a major push into the Los Angeles market, starting with a new home in Brentwood. "Our name is going on top of a pretty big building there," said CEO Jared Wolff. “We are migrating more toward Southern California and the westside of Los Angeles versus Orange County." Read more details about Banc of California's plan to become a bigger player in L.A. at http://ow.ly/S4E850EzjhZ

Banc of California is planning a major push into the Los Angeles market, starting with a new home in Brentwood. "Our name is going on top of a pretty big building there," said CEO Jared Wolff. “We are migrating more toward Southern California and the westside of Los Angeles versus Orange County." Read more details about Banc of California's plan to become a bigger player in L.A. at http://ow.ly/S4E850EzjhZ

Cover Technologies Inc. is bringing prefab homes to Los Angeles. Founded by Alexis Rivas in 2017, Cover has grown over t...
04/23/2021

Cover Technologies Inc. is bringing prefab homes to Los Angeles. Founded by Alexis Rivas in 2017, Cover has grown over the past four years to 50 employees, including alumni from Google, Amazon and SpaceX. For now, the company is focused on ADUs, also known as granny flats, that are built in the company's factory in Gardena and cost about $260,000. Learn more about how @coverbuild is trying to revolutionize home-building in Los Angeles at labusinessjournal.com. https://labusinessjournal.com/news/2021/apr/19/cover-technologies-meets-demand-prefab-adu/

Cover Technologies Inc. is bringing prefab homes to Los Angeles. Founded by Alexis Rivas in 2017, Cover has grown over the past four years to 50 employees, including alumni from Google, Amazon and SpaceX. For now, the company is focused on ADUs, also known as granny flats, that are built in the company's factory in Gardena and cost about $260,000. Learn more about how @coverbuild is trying to revolutionize home-building in Los Angeles at labusinessjournal.com. https://labusinessjournal.com/news/2021/apr/19/cover-technologies-meets-demand-prefab-adu/

Downtown Los Angeles-based Broadway Financial has completed its merger with CFC Banc Corp. in Washington D.C., creating ...
04/19/2021

Downtown Los Angeles-based Broadway Financial has completed its merger with CFC Banc Corp. in Washington D.C., creating CityFirstBroadway — the largest Black-owned bank in the U.S. For details on the newly combined bank's future plans, head over to labusinessjournal.com.
labusinessjournal.com/news/2021/apr/19/broadway-financial-completes-merger/

Downtown Los Angeles-based Broadway Financial has completed its merger with CFC Banc Corp. in Washington D.C., creating CityFirstBroadway — the largest Black-owned bank in the U.S. For details on the newly combined bank's future plans, head over to labusinessjournal.com.
labusinessjournal.com/news/2021/apr/19/broadway-financial-completes-merger/

Jessica Alba's Honest Co. has filed for an IPO. The Playa Vista-based company says it plans to use the funds for interna...
04/12/2021

Jessica Alba's Honest Co. has filed for an IPO. The Playa Vista-based company says it plans to use the funds for international growth and product expansion. "We’re just getting started on our journey; by becoming a stockholder, you’re not only part of a business, you’re part of a movement," Alba wrote in a letter to shareholders. Head over to labusinessjournal.com to read more about Honest Co'.s plans. labusinessjournal.com/news/2021/apr/09/honest-co-files-ipo-stock/

Jessica Alba's Honest Co. has filed for an IPO. The Playa Vista-based company says it plans to use the funds for international growth and product expansion. "We’re just getting started on our journey; by becoming a stockholder, you’re not only part of a business, you’re part of a movement," Alba wrote in a letter to shareholders. Head over to labusinessjournal.com to read more about Honest Co'.s plans. labusinessjournal.com/news/2021/apr/09/honest-co-files-ipo-stock/

Metro Los Angeles named its next CEO — Stephanie Wiggins will become the first woman and the first Black woman, to head ...
04/09/2021
Metro Names Stephanie Wiggins As Next CEO | Los Angeles Business Journal

Metro Los Angeles named its next CEO — Stephanie Wiggins will become the first woman and the first Black woman, to head the county’s transportation authority. “L.A. County has great mobility needs that we must develop with goals of achieving better health, opportunity and equity for all of the region’s residents," Wiggins said following the announcement. Head over to labusinessjournal.com to read more about the new chief executive. labusinessjournal.com/news/2021/apr/09/metro-los-angeles-names-ceo-stephanie-wiggins/

Learn more about Metro’s next chief executive, Stephanie Wiggins, who returns to the agency after three years at the helm of regional rail authority Metrolink.

Virgin Hyperloop's technology is still very much in an early stage, but if you're curious about how the new form of high...
04/07/2021

Virgin Hyperloop's technology is still very much in an early stage, but if you're curious about how the new form of high-speed transportation might look — and even sound — detailed images and video renderings give future riders a good peek at what's to come. Learn more about how Hyperloop is prioritizing the passenger experience at labusinessjournal.com/news/2021/apr/05/how-virgin-hyperloop-prioritizing-passengers/

Virgin Hyperloop's technology is still very much in an early stage, but if you're curious about how the new form of high-speed transportation might look — and even sound — detailed images and video renderings give future riders a good peek at what's to come. Learn more about how Hyperloop is prioritizing the passenger experience at labusinessjournal.com/news/2021/apr/05/how-virgin-hyperloop-prioritizing-passengers/

L.A.'s once-hot coworking industry is starting to show fresh signs of life. New business models are popping up, like Bum...
04/05/2021

L.A.'s once-hot coworking industry is starting to show fresh signs of life. New business models are popping up, like BumoWork, which combines coworking and child care. Read more about the future of coworking at http://ow.ly/PQfQ50EgSf5

L.A.'s once-hot coworking industry is starting to show fresh signs of life. New business models are popping up, like BumoWork, which combines coworking and child care. Read more about the future of coworking at http://ow.ly/PQfQ50EgSf5

We created a  short guide to the organizations working to diversify Hollywood. Head over to labusinessjournal.com to rea...
04/01/2021

We created a short guide to the organizations working to diversify Hollywood. Head over to labusinessjournal.com to read about a few of the influential Los Angeles-based groups that are empowering people of color and calling out racial bias in the entertainment industry. labusinessjournal.com/news/2021/mar/29/guide-organizations-helping-diversify-hollywood/

We created a short guide to the organizations working to diversify Hollywood. Head over to labusinessjournal.com to read about a few of the influential Los Angeles-based groups that are empowering people of color and calling out racial bias in the entertainment industry. labusinessjournal.com/news/2021/mar/29/guide-organizations-helping-diversify-hollywood/

Pacaso is only five months old, but it just achieved a $1 billion valuation. Co-founded by former Zillow CEO Spencer Ras...
03/24/2021

Pacaso is only five months old, but it just achieved a $1 billion valuation. Co-founded by former Zillow CEO Spencer Rascoff, the startup operates an online marketplace for second homes using a co-ownership model. Read more about the new unicorn at http://ow.ly/U4ZB50E7FFw

Pacaso is only five months old, but it just achieved a $1 billion valuation. Co-founded by former Zillow CEO Spencer Rascoff, the startup operates an online marketplace for second homes using a co-ownership model. Read more about the new unicorn at http://ow.ly/U4ZB50E7FFw

Pasadena-based startup Urb-E just closed $5 million to build out electric bicycle-based delivery networks in L.A., like ...
03/24/2021

Pasadena-based startup Urb-E just closed $5 million to build out electric bicycle-based delivery networks in L.A., like the kind it's running in New York. “We’re replacing trucks and vans with electric vehicles engineered for every neighborhood,” says CEO Charles Jolley. Learn more about the company's plans to use bikes for ecommerce deliveries. http://ow.ly/LaL750E7rfZ

Pasadena-based startup Urb-E just closed $5 million to build out electric bicycle-based delivery networks in L.A., like the kind it's running in New York. “We’re replacing trucks and vans with electric vehicles engineered for every neighborhood,” says CEO Charles Jolley. Learn more about the company's plans to use bikes for ecommerce deliveries. http://ow.ly/LaL750E7rfZ

Sunbit is taking a  buy now, pay later approach to necessities like car repairs and dentist visits. The company operates...
03/23/2021

Sunbit is taking a buy now, pay later approach to necessities like car repairs and dentist visits. The company operates like Affirm and Afterpay, offering instant funds ranging from $60 to $8,000. But Sunbit is unique in that it’s available for necessities rather than “nice-to-haves," says Sunbit cofounder Arad Levertov. Read more about how the company works — and why it's gaining traction
http://ow.ly/rzRl50E5nFJ

Sunbit is taking a buy now, pay later approach to necessities like car repairs and dentist visits. The company operates like Affirm and Afterpay, offering instant funds ranging from $60 to $8,000. But Sunbit is unique in that it’s available for necessities rather than “nice-to-haves," says Sunbit cofounder Arad Levertov. Read more about how the company works — and why it's gaining traction
http://ow.ly/rzRl50E5nFJ

As Covid-19 restrictions ease, many L.A. businesses are taking things slow,  either for financial reasons or as a precau...
03/22/2021

As Covid-19 restrictions ease, many L.A. businesses are taking things slow, either for financial reasons or as a precaution because Covid-19 remains a threat. “The dollars don’t make sense at 25% capacity indoors,” says Hotville Chicken owner Kim Prince. Find out which businesses have flung open their doors, and which ones are waiting things out. http://ow.ly/igGP50E5mS7

As Covid-19 restrictions ease, many L.A. businesses are taking things slow, either for financial reasons or as a precaution because Covid-19 remains a threat. “The dollars don’t make sense at 25% capacity indoors,” says Hotville Chicken owner Kim Prince. Find out which businesses have flung open their doors, and which ones are waiting things out. http://ow.ly/igGP50E5mS7

Despite the pandemic, 2020 was an exceptional year for Los Angeles County home sales. Several top agents said they broke...
03/18/2021

Despite the pandemic, 2020 was an exceptional year for Los Angeles County home sales. Several top agents said they broke sales records — and the new year isn't letting up. "2021 has begun with just tremendous demand, multiple offers on almost any property that is a good property and priced appropriately," said Compass agent Sally Forster Jones. Read more about L.A.'s booming housing market and its top agents at http://ow.ly/tEXc50E2AzP

Despite the pandemic, 2020 was an exceptional year for Los Angeles County home sales. Several top agents said they broke sales records — and the new year isn't letting up. "2021 has begun with just tremendous demand, multiple offers on almost any property that is a good property and priced appropriately," said Compass agent Sally Forster Jones. Read more about L.A.'s booming housing market and its top agents at http://ow.ly/tEXc50E2AzP

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Will the LA Times Editorial Board endorse U.S. support for suspending patent protections pitting policymakers against drug makers in the light of Patrick Soon-Shiong's pharmaceutical business interests?
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Covid 19 has disrupted American lives as we know it today and small businesses are especially hit hard. In response, the federal government has recently green-lighted a 2 Trillion economic stimulus package which specifically includes a $350 Billion program coined the Paycheck Protection Program ( PPP ) to help businesses keep their employees on payroll and their businesses afloat. visit: https://www.truelender.com/webinar to learn more
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This is such an informative publication, I love reading up on business news while I'm drinking coffee in the morning. It's so important to stay informed and educated! The other day, I was able to watch a new indie film called "Empathy, Inc" that presented a very valuable message so I thought I should share. It's a crime story about a tech startup firm that uses fraudulent means to attract investors and involve them in a very risky business. It was really thrilling and mysterious, but I was also pleasantly surprised at how the film handled the subject matter. I encourage you guys to add it to your lists, it was such a great watch! Empathy, Inc was just released on VOD 😊👍🏻
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I saw the Los Angeles Business Journal did a story on California Receivership Group Influential Family-Owned Businesses in Los Angeles: California Receivership Group | Los Angeles Business Journal http://www.labusinessjournal.com//news/2018/nov/15/influential-family-owned-businesses-los-angeles-cr/ In truth, this is a group of organized criminals see link and article below!