LA and Long Beach Ports Each Get $70 Million for Upgrades
The Port of Los Angeles and Port of Long Beach each secured $70 million in federal funding for dredging, seismic retrofits, and wharf repairs.
Business
The latest business coverage from Burbank, California.
JPMorganChase Partners With Athletes on Financial Education
JPMorganChase launches an Athlete Council to deliver tailored financial education, addressing the money management gap facing current and retired athletes.
Oaktree-Backed GA Group Acquires G2 Capital Advisors
Westlake Village's GA Group acquires Boston investment bank G2 Capital Advisors, expanding its platform for small and medium-sized businesses.
EverBank Opens Two New Branches in Los Angeles County
EverBank expands into Santa Monica and Westlake Village, bringing its L.A. County total to seven branches and national footprint to 41 locations.
Orbital Plans First Space-Based Data Center by 2027
LA startup Orbital aims to launch solar-powered, satellite-based data centers by April 2027, offering a space solution to Earth's AI energy crisis.
Critical Loop Raises $26M for Mobile Microgrid Startup
Long Beach startup Critical Loop closes $26M Series A to deploy mobile microgrids that cut grid connection wait times from years to weeks.
LA and Long Beach Ports Report Strong Q1 2026 Results
The ports of Los Angeles and Long Beach moved nearly 4.8 million TEUs in Q1 2026, dipping from record highs but tracking well above historical norms.
Eco Wave Power Hits All Goals in LA Wave Energy Pilot
Eco Wave Power's Port of Los Angeles pilot met every milestone, offering new proof that wave energy can transition from experiment to grid-connected reality.
Providence Saint John's Receives $100M Record Donation
Stan Lucas, a Venice automotive entrepreneur, left $100 million to Providence Saint John's Health Center for prostate cancer research and treatment.
Jury Rules Live Nation and Ticketmaster Are a Monopoly
A federal jury ruled Live Nation and Ticketmaster illegally overcharged customers and operated as a monopoly, handing 33 states a major legal victory.
Feels Music Messaging App Turns Conversation Into Song
Feels Music Messaging lets users share emotions through lyrics, audio clips, and music videos, with deals from Universal, Sony, and Warner Music Group.
Tetra Tech Wins Port of LA and Military Contracts
Pasadena-based Tetra Tech secured two new contracts in March, including a three-year environmental services deal with the Port of Los Angeles.
KB Home Moving Headquarters from LA to Tempe, Arizona
KB Home plans to relocate its headquarters from Westwood to Tempe, Arizona by spring 2027, ending over 60 years in Los Angeles County.
Disney and Sony Layoffs Signal Hollywood Studio Strain
Disney and Sony Pictures announce layoffs under new leadership, reflecting ongoing struggles in Hollywood's post-strike, post-pandemic landscape.
Webtoon Launches Canvas: New Unified International Platform
Webtoon Entertainment is launching Canvas, a unified international comics platform with AI tools, seven languages, and new creator monetization features.
Santa Monica's $3M Economic Development Push Explained
Santa Monica approved a $3M economic fund and redevelopment measures, reshaping the Westside labor market and regional business competition.
Interrogate Global Merges with The Sweetshop
Westchester's Interrogate production company merges with The Sweetshop Global, gaining access to six international offices from Auckland to Amsterdam.
Airhart Aeronautics Makes Flying More Accessible
Nikita Ermoshkin founded Airhart Aeronautics to make flying accessible to everyday people through smarter avionics and simplified cockpit technology.
Media City Credit Union Launches Credit Cleanse Campaign
Media City Credit Union's new Credit Cleanse campaign offers Burbank members debt consolidation and secured credit loans to refresh finances this spring.
LA County Airports See Slim Passenger Growth in February
LA County airports recorded a modest 0.6% passenger increase in February, with Ontario International leading gains and Hollywood Burbank posting the steepest drop.
Sony's GOAT Film Features First All-Disability Loop Group
Sony Pictures Animation's GOAT made history by hiring an all-disability loop group, signaling a shift in Hollywood's approach to inclusive hiring.
Hollywood Reckoning: Why Studios Are Rethinking Executive Pay as Streaming Wars Reshape the Industry
As Disney, Warner Bros., and other major studios restructure their executive incentive plans to reflect streaming realities, governance experts like Frank Glassner are warning that traditional compensation models are obsolete. The studios that get it right could build a more sustainable industry. The ones that get it wrong could face shareholder revolts.
Voyager Technologies Opens Long Beach Aerospace Facility
Voyager Technologies secured a 140,000-sq-ft Long Beach facility to develop space defense tech, propulsion systems, and LEO infrastructure by end of 2026.
Wow Media Installs 30 EON Ad Booths Around Inglewood Venues
Wow Media Inc. is installing 30 architectural EON advertising booths near Inglewood's sports venues ahead of the FIFA World Cup at SoFi Stadium.
Luxury Hotel Development Surges in Burbank and LA County
Burbank leads LA County's booming luxury hotel pipeline, fueled by FIFA, the Super Bowl, and the 2028 Olympics driving upscale development.
SpinLaunch: The Company Reinventing Space Launch
SpinLaunch's kinetic launch system uses centrifugal force to cut rocket fuel needs by 70%. The Long Beach firm has raised $203M and is now building a satellite constellation.
Vast Inc. Raises $500M to Build Next Space Station
Long Beach-based Vast Inc. closed a $500M funding round as it races to replace the ISS with the first commercial space station, Haven-1.
Hidonix Pivots Into Defense With Navigation Tech
Santa Monica startup Hidonix is entering the U.S. defense sector, leveraging its geomagnetic indoor navigation technology originally built for museums.
Varda Space Takes Over Former Mattel Facility in El Segundo
Varda Space Industries signs a lease on a 205,443-sq-ft El Segundo building once used by Mattel, returning the site to its aerospace manufacturing roots.
Cinespace Opens New Studio Campus in Woodland Hills
Cinespace Studios launched a 10-acre production campus in Woodland Hills, adding six soundstages and 180,000 sq ft of space to the San Fernando Valley.
LA Gross Receipts Tax Review: What It Means for Burbank
Los Angeles is studying changes to its gross receipts tax threshold, a move that could affect Burbank's competitive edge in attracting small businesses.
The Beverly Hills Attorney Named in a Million Southern California RICO Lawsuit
A federal civil RICO complaint names D. Edward Hays, a Beverly Hills attorney at Marshack Hays LLP on Wilshire Boulevard, as a central figure in a scheme that allegedly settled million in claims for ,000 and engineered a bankruptcy conversion that stripped a La Jolla tech startup of its estate.