Los Angeles Business Journal

George Joseph Dies at 104

George Joseph, a World War II bomber pilot who went on to found Mid-Wilshire-based insurance company Mercury General Corp. and in his final year…

Stablecoin Firm Hits Unicorn Level

Back-to-back venture capital rounds raising $119 million in a matter of months have made Fasset, a stablecoin-focused Islamic digital bank, Los…

PHILANTHROPY: Aboelata, Matthews, & Randhava

As it celebrates its 50th anniversary, Liberty Hill Foundation announces the expansion of its executive leadership team to support long-term imp…

IKEA Opens Small Format Store in Arcadia

IKEA has just opened its first ever small-format store in the Los Angeles market, an 11,000-square-foot retail shop in Arcadia. The store, locat…

EDC Launches Startup Academy

The Vermont Slauson Economic Development Corp. has unveiled its Transformative Entrepreneurship Startup Academy, a virtual workshop designed for

MetAlert Gets 1st Order for Firearm Device

Wearable-technology manufacturer MetAlert Inc. has received the first order for its new GunAlert firearm-recovery device. The downtown-based com…

100 Thieves Raises $35 Million, Plans New Headquarters

Esports company and team manager 100 Thieves raised $35 million in a Series B round to fuel its expansion and the development of a new headquart…

Environmental Group Sues Air Agency Over Approval of Tesoro Refinery Merger

A local environmental group on Wednesday filed a lawsuit seeking to overturn the South Coast Air Quality Management District’s recent approval of

L.A. Council Approves Huge Trash Franchise System

The Los Angeles City Council on Friday approved a multibillion-dollar waste hauling franchise system for commercial and multifamily properties.…