Biotech entrepreneur Dr. Patrick Soon-Shiong, L.A.'s wealthiest man, will become the global director for cancer services and bioinformatics at Providence Health & Services, the hospital chain announced on Thursday.
The Countrywide Financial mortgage lender unit owned by Bank of America has been ordered to pay $1.3 billion in damages for selling thousands of defective loans.
Superior Industries reports lower income, Ryland misses on a one-time tax benefit and PS Business Park beats expectations.
Business Events throughout the Valleys.
Van Nuys aluminum wheel manufacturer Superior Industries announced Wednesday it would close its Arkansas plant – laying off 500 – as it prepares to open another in Mexico.
Wall Street applauded Amgen Inc.'s plan to cut up to 2,900 jobs, while investors were once more disappointed in DreamWorks' earnings.
Princess Cruises announced Wednesday it will add a third ship to its Royal Princess fleet, a 3,560-passenger vessel expected to set sail in 2017.
SeaPort Airlines adds service to San Diego from Burbank. Warner Bros. creates Harry Potter unit.
Amgen Inc. announced on Tuesday that it would cut up to 2,900 jobs, close plants and consolidate its offices at its sprawling Thousand Oaks headquarters complex.
Weak box office results for “How to Train Your Dragon 2” put a drag on DreamWorks Animation SKG Inc. second quarter earnings, which failed to match analysts’ expectations.
Walt Disney Co. on Tuesday announced the creation of an executive position to coordinate business efforts in Asia, a move that underscores the importance of the region to Disney’s growth strategy.
DineEquity shares rise. Avery Dennison declares dividend. Glendale office building sold.
The Marriott Warner Center, one of the Valley’s largest hotels, has been acquired by Laurus Corp., a Century City real estate investment and development company, the company announced on Monday.
Energy crop developer Ceres Inc. will receive nearly $39 million in financing from the Brazilian government to expand its product development program, the company announced Monday.
DreamWorks reconfigures its executive team, MRV Communications brings on a new board member, and Ryland opens a new housing development.
Home prices in the San Fernando Valley hit an eight-year high in June, though the price gains appear to be leveling off as market activity slows, according to a report by the Southland Regional Association of Realtors.
A fully leased Chatsworth industrial property was acquired for $16.8 million by Rexford Industrial Realty Inc., the Los Angeles real estate investment trust announced on Friday.
Avery Dennison misses expectations, Amgen and Ryland declare dividends, and Teledyne appoints new board member.
The board of the Los Angeles County Metropolitan Transportation Authority unanimously approved Thursday doing a feasibility study on converting the Orange Line busway into a light rail line.
The Food and Drug Administration accepted an application on Thursday by a rival drug maker to approve a copy-cat version of Neupogen, one of the biggest money-makers for Amgen Inc.