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LOS ANGELES October was a momentous month for deciding on funding for rail projects throughout Los Angeles County. On the positive front, California transportation officials awarded $231 million for Metro's [...]

Malibu-based robotic microsurgery company Horizon Surgical Systems Inc. has raised $30 million in series A financing to support the development of its eye surgery system to ready it for human [...]

SANTA MONICA Santa Monica-based startup Neocare Innovations Inc., which is developing a technology platform for clinicians to improve the feeding regimen for preterm infants, has received a $944,000 grant from [...]

L.A. County health care research institutions were awarded approximately $12.5 million in the latest round of grants from California's stem cell research institute, led by a $6 million grant to [...]

The UCLA Health Jonsson Comprehensive Cancer Center received a couple of shots in the arm last month. First, it was announced that researchers at the center received two grants totaling [...]

Culver City-based immunotherapy company ImmunityBio Inc. has received as much as $320 million in financing from New York private equity firm Oberland Capital Management. The company received $210 million of [...]

A planned 1.6-mile, $2 billion elevated rail line connecting downtown Inglewood with the emerging sports and entertainment center around SoFi Stadium and with the county wide rail network has garnered [...]

The Port of Long Beach has received a S53 million federal grant to modernize and expand its on-dock rail capacity, Separately, contractors last month completed the $60 million demolition of [...]

Marina del Rey-based Commons Clinic Inc., an outpatient clinic network offering care for spine, orthopedics and pain management, raised $19.5 million in Series A financing. The funding, announced earlier this [...]

The Lundquist Institute at Harbor-UCLA Medical Center in West Carson has snagged a major federal grant to study the causes of antibiotic-resistant infections. The institute announced last month that one [...]

El Segundo-based Pipeline Health System, which operates four safety-net hospitals in L.A. County and three in other states, has filed for Chapter 11 bankruptcy protection, citing financial challenges made worse [...]

Marina del Rey-based Wellth has raised $20 million in series B financing. The funding round was led by San Francisco-based venture capital firm SignalFire. Another major contributor was Frank Williams, [...]

Torrance-based Epirus Inc., which makes a microwave technology-based system to take out drones, announced Feb. 15 that it had raised $200 million in Series C funding, money that it intends [...]

Woodland Hills-based late-stage clinical immunotherapy company Acelyrin Inc., which has amassed more than $550 million in funding in less than two years, has acquired Bethesda, Maryland-based immunotherapy company ValenzaBio Inc. [...]

Brentwood-based perinatal nutrition company Needed recently closed a $3.7 million round of seed financing to help it continue its research and begin marketing nutritional supplements to women of childbearing age. [...]

The four airports serving Los Angeles County are set to receive nearly $370 million in Covid-19 relief funds. The funds are part of $8 billion in total allocations announced June [...]

Two local institutions in recent weeks have received funds for research and education. Children's Hospital Los Angeles on June 2 announced it has been awarded a $2 million grant from [...]

Century City-based Air Lease Corp. leased and delivered plenty of aircraft during the first quarter despite the grounding of Boeing Co.'s 737 Max aircraft and the bankruptcy of a significant [...]

Four years ago, Cary Jordan moved his family restaurant Jordan's Hot Dogs from Watts to Crenshaw Boulevard in Hyde Park, banking on a planned light rail line connecting the neighborhood [...]

Hawthorne businessman Robert Ivanov was looking for a quick way to get start-up cash for his fledgling children's uniform company. After scouring local banks, he turned to a source he [...]

Two local health care clinics each received two grants last month to expand their telehealth services. Arcadia-based Pacific Clinics was awarded a total of $296,000 by the Federal Communications Commission [...]

Cloudbreak Health, an El Segundo-based interpreter service for the medical industry, has received $10 million in funding from Columbia Partners Private Capital of Bethesda, Md. Cloudbreak will use the funds [...]

El Segundo-based hospital operator Verity Health System, which filed for bankruptcy protection in 2018, will close St. Vincent Medical Center in Westlake--the oldest continuously operating hospital in Los Angeles--at the [...]

A bill signed into law July 12 by Gov. Gavin Newsom will require Southern California Edison customers to pay more than $3 billion toward a wildfire fund over the next [...]

EVERY SO often, the power goes out at Hollywood Center Studios on Santa Monica Boulevard. It's not from a faulty transformer or problems at a receiving station, which triggered L.A.'s [...]

WITH next month's opening of the Gold Line to Pasadena, L.A.'s grand experiment in rail will be grinding to an unscheduled halt. Since 1990, the Metro Red Line subway system [...]

Los Angeles prides itself on having defied its geography and transformed a scattered collection of small towns into the nation's second-largest metropolis. That's because over the last century, the world's [...]

The saga of Breitburn Energy Partners, a downtown-based oil exploration partnership, came to an end in April 2018 as the company exited a two-year bankruptcy by selling off its assets [...]

WHEN two longtime friends and attorneys in the renewable energy field first met to discuss a possible energy storage venture two years ago, they had no expectation that they would [...]

L.A. engineering giant Aecom is hoping that a plan to speed up the timeline on a proposed bus lane along the busy Vermont Avenue corridor will help it win the [...]

Business improvement districts in L.A. County appear to be doing okay--at first glance. Cumulative budgets for the 50 largest of the organizations here are up a modest 1 percent heading [...]

The long wait for a resolution is getting longer for shareholders and creditors of bankrupt downtown-based oil company Breitburn Energy Partners. Breitburn's attorneys filed late last month in Southern District [...]

Los Angeles International Airport is a step closer to receiving tens of millions of additional dollars each year in passenger fee revenues, just as its multibillion-dollar modernization program has kicked [...]

The poor public perception of redevelopment agencies has prompted California governor Gray Davis to propose that property tax revenues be shifted from redevelopment to schools. Local governments who depend on redevelopment funds flowing into their budget are protesting the move. The positive and negative aspects of redevelopment agencies are discussed.

RIGHT now, the scores of businesses at LAX and in the travel and tourism industries that are struggling for survival after the Sept. 11 attacks have little recourse in the [...]

As any L.A. motorist could readily attest, local streets are in rough shape. In some parts of town, you can't go two blocks without running over a pothole or bumping [...]

COALITION HAS FEW FUNDS TO BATTLE BID FOR STATE COMPANIES Prompted by a recent wave of announced and threatened plant closures and layoffs as a result of the state's energy [...]

STREET REPAIRS LATEST WOE FOR POPULAR MALL SUMMERTIME is always crunch time around the Third Street Promenade in Santa Monica, as tourists and locals flock to the trendy outdoor mall. [...]

At last, one of L.A.'s traffic nightmares is about to end. The two-year Santa Monica Boulevard reconstruction project through West Hollywood is due to wrap up this month, with a [...]

Local transportation officials are set to vote next week on two controversial transit projects that would connect Downtown to the beach -- at a cost of up to $1 billion. [...]

Major business and industrial customers of Southern California Edison could get hit with huge surcharges on their electric bills under a new Edison rescue package being drafted by top-ranking Democrats [...]

IN looking over this year's list of the 50 wealthiest Angelenos, there are a number of well-known names missing, many of whom have been included on the list in years [...]

Bel-Air billionaire Selim Zilkha is among those who have been making a bundle off the state's energy crisis, and now he's positioning himself to make an even bigger bundle on [...]

FIRMS lobbying L.A. City Hall took in $15.25 million in client fees last year, up $2 million from 1999 and more than double their take five years ago. Lobbyists spent [...]

THREE years after an Eastside subway plan was killed, the Metropolitan Transportation Authority board is expected next month to approve a less-ambitious rail system for the Eastside. While MTA approval [...]

The state's power crisis is bringing a jolt of new business to local engineering and construction contractors, as they mobilize to cash in on the pressing need for new generating [...]

It's one of the most hotly contested races in the L.A. area, yet is has almost completely slipped under the radar screen. With two weeks to go, there has been [...]

ONE of the hallmarks of the last several. boom years has been the ability of L.A. area businesses to keep costs down. But that's coming to an abrupt end. The [...]

This month's passage of Proposition 35, making it easier for the state to contract-out some highway work, translates to an economic windfall worth tens of millions of additional dollars per [...]

IT's been a rough roller-coaster ride these last few months for Liberty Digital Inc., the West Los Angeles-based new-media arm of AT&T Corp. Its ups and downs in both stock [...]