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Tag: business news


AECOM to Become Largest Publicly Traded Firm in Los Angeles

July 14, 2014

July 14, 2014

In one of the bigger mergers to take place within Los Angeles this year, AECOM Technology Corp. announced on July...

Dov Charney Ousted as American Apparel CEO

June 19, 2014

June 19, 2014

The Board of Directors of American Apparel, Inc. voted on June 18 to replace Dov Charney as chairman and notified...

Average Hourly Wage Up in Los Angeles Metro

June 3, 2014

June 3, 2014

Southland workers had an average hourly wage of $25.30 in May 2013, about 13 percent higher than the nationwide average...

AT&T to Acquire DirecTV for $48.5 Billion

May 19, 2014

May 19, 2014

AT&T has announced plans to acquire DirecTV for $48.5 billion, according to a statement. DirecTV would remain in El Segundo,...

LAC Group Launches Library Platform for Corporations and Firms

April 5, 2014

April 5, 2014

A firm with offices in Century City announced on April 3 the launch of the Library as a Service (LaaS)...

Philz Coffee Coming to Silicon Beach

March 9, 2014

March 9, 2014

Seattle gave us Starbucks Coffee. A few Peet’s Coffee and Tea populate commercial properties throughout Southern California courtesy of Berkeley,...

Investment Banking Firm Moelis & Co. To Go Public

March 6, 2014

March 6, 2014

A boutique investment bank firm has filed for an Initial Public Offering (IPO), according to the Securities and Exchange Commission...

West Los Angeles Firm Acquires Business Park In Inland Empire

February 19, 2014

February 19, 2014

West Los Angeles-based Rexford Industrial Realty, Inc., announced last week it acquired Ontario Airport Business Park, a five-building development in...

Occidental Petroleum To Leave Westwood

February 17, 2014

February 17, 2014

Occidental Petroleum Corp. announced Feb. 14 it is moving its headquarters from Westwood to Houston, Tex. and separating some of...