The U.S. Space Force has awarded $1.6 billion in contracts to satellite manufacturers based in South Bay, boosting local aerospace industry and advancing national defense capabilities, officials announced.
Browsing: Business
The 2025 Year in Review by the Los Angeles Business Journal highlights key economic trends, major deals, and emerging industries shaping the region’s business landscape. A comprehensive snapshot of LA’s dynamic market.
Debbie Chan has been named one of the 2025 Top 100 Accountants by the Los Angeles Business Journal. Recognized for her expertise and leadership, Chan continues to shape the accounting industry in Los Angeles.
Another rally in Alphabet’s shares propelled the U.S. stock market higher, boosting investor sentiment. The tech giant’s strong performance continues to drive gains across major indices, reflecting optimism in the sector.
Los Angeles is considering raising its minimum wage to $30 an hour, sparking debate over whether the hike meets workers’ needs or burdens businesses. The proposal highlights growing tensions in the city’s labor market.
California is expected to recover from the pandemic more quickly than the rest of the U.S., according to a new forecast by the Los Angeles Times. Experts cite strong job growth and vaccination efforts as key factors.
Los Angeles has been named the most rat-infested city in the U.S., according to a new Yelp report. The ranking highlights widespread rodent sightings, raising concerns about urban sanitation and public health.
TikTok has secured its U.S. future by reaching a deal to form a new joint venture, addressing regulatory concerns. The move aims to ensure continued operations under increased government scrutiny.
Commentary: Former President Trump’s rhetoric and policies threaten to disrupt Los Angeles’ preparations for the 2026 World Cup and 2028 Olympics, potentially undermining the city’s global hosting ambitions.
US business inventories rose as expected in June, signaling steady supply chain conditions. The increase aligns with market forecasts, reflecting continued cautious restocking amid economic uncertainty, Reuters reports.
Anthony Ferguson has been named one of the 2025 Top 100 Accountants by the Los Angeles Business Journal. Recognized for his expertise and impact in the field, Ferguson continues to lead with innovative financial strategies.
Elon Musk faces four major challenges as he aims to steer Tesla back on course. From production delays to market competition, these road bumps test the electric carmaker’s resilience and future growth plans.
A Los Angeles Times column details the Bakersfield ICE raids, highlighting how aggressive immigration enforcement under Trump’s policies sparked widespread fear and confusion, revealing potential chaos ahead for communities.
City leaders can boost Black entrepreneurs’ efforts to “buy back the block” by improving access to capital, offering technical support, reforming zoning laws, fostering community partnerships, and promoting local procurement, says Brookings.
The Port of Los Angeles advances its rail and supply chain infrastructure to boost efficiency and reduce congestion. Enhanced rail links streamline cargo movement, supporting global trade and strengthening the region’s logistics network.
LeBron James commented on Chris Paul’s departure from the Clippers, stating it’s “none of my business.” The Lakers star chose to stay neutral amid ongoing NBA roster shifts. Fans await how this impacts the league’s dynamics.
Los Angeles is pioneering innovative fundraising strategies for the 2028 Olympics, blending public-private partnerships and creative initiatives to boost funds while engaging the community, according to The New York Times.
US banks are seeking collateral to support a $20 billion bailout for Argentina, the Wall Street Journal reports. The move aims to secure financial stability amid Argentina’s ongoing economic challenges.
A viral debate over whether $140,000 constitutes poverty income highlights deeper issues of affordability in today’s economy. The Los Angeles Times explores why such figures can mislead public understanding.
A landmark federal courthouse in Los Angeles is set for a rapid sale by a government agency, sparking interest from buyers and raising questions about the future use of the historic building, officials confirmed.