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| February 22, 2019

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L.A. Archives -

South Bay couple donates $70 million to L.A. biomedical institute

February 10, 2019 |

In the months leading up to their 70th birthdays, Melanie and Richard Lundquist thought about ways to celebrate.

The South Bay couple, who have donated more than $ 200 million to education, healthcare and other initiatives in Los Angeles County, considered taking a trip. But they’re not much for…

L.A. Times – Business

L.A. venture capitalist Imaad Zuberi a focus in federal probe of Trump’s inaugural committee

February 7, 2019 |

On election day 2016, Los Angeles venture capitalist and Democratic donor Imaad Zuberi took to Facebook to tout his proximity to the person he thought would be ascending to the White House.

“The next president of the United States of America Hillary Clinton,” Zuberi wrote next to a photo of himself…

L.A. Times – Business

L.A. County Fair will keep a lid on entrance prices

February 5, 2019 |

The Los Angeles County Fair won’t raise entrance prices and will continue to offer popular discounted meal packages — both efforts to increase attendance to the annual summer festival.

The fair’s operator is hoping to build on last year’s 5% visitor increase, which followed a nearly 7% decline…

L.A. Times – Business

Cashing in on Rams Super Bowl hype isn’t easy if L.A. doesn’t love the Rams

February 2, 2019 |

At Sporte Fashion, there’s a Lakers shirt — only it doesn’t say the team’s name, and the purple is a few shades too dark. It’s a knockoff inspired by a major brand, one of the many that fill the stall at the L.A. Original Farmers Market.

In the back — past Dodgers- and Lakers-inspired shirts, lanyards…

L.A. Times – Business

Construction halts on $1-billion mixed-use complex in downtown L.A.

January 25, 2019 |

Construction on Oceanwide Plaza, one of the biggest real estate development projects in downtown Los Angeles, has stalled in what may be a shortfall in financing from the project’s Chinese owner.

The condominium, hotel and retail complex across the street from Staples Center is expected to cost…

L.A. Times – Business

L.A. dockworker gets a year in prison for union healthcare bilking scheme

January 25, 2019 |

A Downey man who pleaded guilty to criminal mail fraud charges as part of a scheme to bilk a union healthcare plan out of more than $ 200,000 has been sentenced to a year and a day in federal prison.

Sergio Amador, a former dockworker and member of the International Longshore and Warehouse Union…

L.A. Times – Business

UPS expands keyless entry to apartment buildings in L.A. and 9 other cities

January 22, 2019 |

United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings, rolling it out to Los Angeles and nine other cities after testing it in San Francisco and New York.

The efficiency gains from not having to resend packages or fumble with a ring full of…

L.A. Times – Business

L.A. is suing IBM for illegally gathering and selling user data through its Weather Channel app

January 5, 2019 |

The Los Angeles City Attorney’s office alleges in a lawsuit that a subsidiary of IBM deceptively mined the private location data of users of the Weather Channel app and sold it to advertising and marketing companies.

When users download the app, a prompt asks them to grant access to their location…

L.A. Times – Business

3 more high-end L.A. hotels reach tentative agreements with workers union to avoid strike; 15 to go

December 21, 2018 |

Hotel management and union leaders reached tentative agreements to avoid strikes at three hotels in the Los Angeles area, two days after similar deals were reached at six other high-end hotels in the region.

The latest agreements apply to the Loews Hollywood Hotel, the Sheraton Universal Hotel…

L.A. Times – Business

Union leaders tentatively agree on a contract to avert strikes at six L.A. hotels

December 20, 2018 |

Strikes may have been averted at six high-end hotels in Los Angeles, but union leaders say labor demonstrations during the holiday season are still a possibility at 18 other Southern California hotels.

Leaders for Unite Here Local 11, representing 7,500 hotel workers in Los Angeles and Orange counties,…

L.A. Times – Business