LA BUSINESS JOURNAL DAILY NEWS

SpaceX Launches Fourth Starlink Mission This Month

SpaceX completed its fourth mission in March, launching 60 Starlink satellites from the Cape Canaveral Space Force Station.

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Gores Guggenheim Goes Public With $750 Million IPO

Gores Guggenheim Inc., a special purpose acquisition company formed by affiliates of The Gores Group and Guggenheim Capital, has priced its initial public offering at $750 million.

GoodRx Launches Covid-19 Vaccine Guide

GoodRx Holdings Inc. has rolled out a guide for finding and booking appointments for Covid-19 vaccines.

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Second-凯发k8娱乐手机APP下载home Marketplace Pacaso Valued at $1 Billion

Real estate technology startup Pacaso has raised $75 million in funding at a $1 billion valuation.

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AppliedVR Raises $29 Million for Immersive Headsets

Century City-based virtual reality company AppliedVR raised $29 million for headsets to help patients with chronic pain.

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Lionsgate to Sell $1 Billion in Notes to Pay Down Debt

Lions Gate Entertainment Corp. is looking to raise $1 billion by offering senior notes in a private placement.

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Banc of California to Acquire Pacific Mercantile

Banc of California Inc. said on March 22 that it will buy Costa Mesa-based Pacific Mercantile Bancorp in an all-stock transaction valued at $235 million.

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Rocket Lab Launches 100th Satellite

Long Beach-based aerospace company Rocket Lab USA Inc. launched six satellites in its second mission of 2021.

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Warner Bros. Drops Plan for Hollywood Sign Tram

Warner Bros. Entertainment has backed off from its proposal to build a $100 million aerial tram to take visitors to the Hollywood sign.

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New Herbalife CEO Agwunobi Puts His Pandemic Background to Work

The LABJ Interview

CEO John Agwunobi sat down with the Business Journal to discuss the pandemic’s impact on Herbalife, his unique perspective on pandemic preparedness and more.

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LA County Unemployment Tops 12% in January

Even as Los Angeles County’s employment picture darkened after revised state data showed job losses for 2020 were substantially bigger than previously reported.

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Pandemic-Driven Demand Boosts Port Logistics Group

While the Covid-19 pandemic has shuttered entire industries over the past year, it has fast-tracked Port Logistics Group’s expansion into ecommerce.

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As Covid Restrictions Ease in LA, Most Businesses Take Things Slow

Restaurants in Los Angeles County may have the green light to reopen indoor dining rooms at limited capacity.

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Making (Business) Sense

If there’s anything the events of the past year and the headlines of the past week have reinforced for all of us, it’s that diversity, inclusion and equity are more important than ever.

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Ports Set Records With February Cargo Volume

February cargo volume at the San Pedro Bay port complex was off the charts compared to dismal stats from the same period last year.

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Magnite Sells $350 Million in Notes to Fund SpotX Deal

Advertising technology company Magnite Inc. announced that it plans to raise $350 million in a private debt offering that will partially fund its acquisition of SpotX.

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City Place Long Beach Gets New Owners

New York-based Turnbridge Equities, Newport Beach-based Waterford Property Co. and Beverly Hills-based Monument Square Investment Group have acquired City Place Long Beach.

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JRK Buys The Harrison Glendale for $91 Million

JRK Property Holdings Inc. has acquired The Harrison Glendale, a 164-unit luxury apartment complex, for $90.7 million.

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Bird to Invest $150 Million in European Expansion

With the fledgling U.S. market for electric scooters hit hard by the Covid-19 pandemic, Santa Monica-based scooter startup Bird Rides Inc. is expanding in Europe.

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CPK Will Move Headquarters to Costa Mesa

California Pizza Kitchen Inc., which just signed a multiyear deal to become the official pizza of the Los Angeles Dodgers, is leaving L.A. County and heading to Costa Mesa.

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