Business News
Business News
Los Angeles Highlights New Dining Spots in Weekly Recommendations
News Summary Los Angeles has unveiled four new recommended dining spots, showcasing its rich culinary diversity. The weekly guide, curated by local editors, introduces food enthusiasts to unique restaurants and...
Los Angeles Embraces Culinary Diversity on the Westside
News Summary The Westside of Los Angeles shines as a culinary hub, showcasing a rich array of ramen varieties and diverse dining experiences. Food lovers can explore popular ramen spots...
Blue Note Jazz Club Opens in Los Angeles
News Summary The first Blue Note Jazz Club in Los Angeles officially opened in Hollywood, marking the iconic venue’s West Coast debut. Strategically located near key landmarks, the club aims...
Art and Heritage Blend in Monterey Park Home Renovation
News Summary Yi Kai and Jian Zheng have created a unique artistic home in Monterey Park that reflects their cultural heritage. Their innovative redesign features a kidney-shaped swimming pool, curvilinear...
Blue Note Jazz Club Opens New Location in Hollywood
News Summary The Blue Note Jazz Club is expanding to Hollywood, opening its doors with a grand event featuring renowned musicians. The venue includes multiple performance spaces and a menu...
Los Angeles Food Scene Thrives with Standout Dishes
News Summary Los Angeles remains a culinary hotspot, showcasing remarkable dishes across its neighborhoods. With highlights from summer produce to globally inspired recipes, the city’s dining landscape continues to thrive....
Los Angeles City Council Approves 51-Story Apartment Tower
News Summary The Los Angeles City Council has greenlit the construction of a 51-story apartment tower in the South Park neighborhood, featuring 536 rental units and ground-floor retail spaces. Developed...
New Dining Spots Bloom in Los Angeles
News Summary Los Angeles is welcoming a variety of new dining establishments that cater to diverse culinary tastes. From the first U.S. location of Sushi Zanmai in Koreatown to Cambodian...
KCON Returns to Los Angeles for a Cultural Celebration
News Summary Los Angeles will host KCON, a popular festival celebrating Korean pop culture, from August 1-3. With over 5.9 million fans expected, the event will feature concerts, workshops, and...
Finance
Venture Capital Investment in Los Angeles Reaches $5.8 Billion
News Summary Venture capital investments in the Greater Los Angeles area surged to $5.8 billion in the second quarter, more than doubling last year’s figures. This growth is heavily focused...
Flagstar Financial Expands into Entertainment Sector
News Summary Flagstar Financial has launched an entertainment-focused practice from its Beverly Hills branch, enhancing its industry-specific services. This strategic move, led by seasoned professionals, aims to better serve the...
Los Angeles Marks 80 Years Since First Major Smog Event
News Summary Los Angeles commemorates the 80th anniversary of its first significant smog event, which left residents panicked. This crisis revealed deep environmental issues and led to essential changes in...
Cole’s French Dip Closes After Over a Century of Service
News Summary Cole’s French Dip, a historic restaurant in downtown Los Angeles, has officially closed its doors after more than 100 years of operation. The closure is attributed to the...
Rise in Federal Lease Cancellations Hits Los Angeles
News Summary Los Angeles faces a significant surge in federal lease cancellations, influenced by spending cuts under the Trump Administration. Over 70,000 square feet in L.A. County were terminated, marking...
Los Angeles Restaurant Scene Faces Economic Challenges
News Summary Los Angeles grapples with significant economic challenges in its restaurant industry, as both new establishments open and established restaurants close. Bankruptcy filings, job security concerns, and competition are...
California Considers Enhancing Film Tax Incentives
News Summary California Assembly members are evaluating proposals to boost film tax incentives in response to declining soundstage occupancy rates, which have dropped significantly. Facing competition from other states and...
Historic U.S. Courthouse in Los Angeles Up for Sale
News Summary The federal government is selling the historic U.S. Courthouse on Spring Street in Los Angeles as part of a cost-cutting initiative. This 750,000 square foot building, designed in...
Sales Tax Increase in Los Angeles County Starting April 1
News Summary Los Angeles County is set to experience a sales tax increase from 9.5% to 9.75% starting April 1, 2023. This change, driven by Measure A, aims to enhance...
Real Estate & Properties
Art and Heritage Blend in Monterey Park Home Renovation
News Summary Yi Kai and Jian Zheng have created a unique artistic home in Monterey Park that reflects their cultural heritage. Their innovative redesign features a kidney-shaped swimming pool, curvilinear...
Los Angeles City Council Approves 51-Story Apartment Tower
News Summary The Los Angeles City Council has greenlit the construction of a 51-story apartment tower in the South Park neighborhood, featuring 536 rental units and ground-floor retail spaces. Developed...
Couple Turns Eagle Rock Apartment into Creative Haven
News Summary Isa Beniston and Scotty Zaletel have transformed their 412-square-foot rent-controlled apartment in Eagle Rock into a personal artistic space. Filled with unique art and thoughtful design, the couple...
Omgivning Launches Historic House Relocation Project to Aid Fire Victims
News Summary In an effort to assist families affected by recent fires, Los Angeles architecture firm Omgivning has initiated the Historic House Relocation Project. This initiative aims to provide salvaged...
Couple Realizes Homeownership Dream in Mount Washington
News Summary Lindsay and Daniel Sheron, a couple from Los Angeles, achieved their dream of homeownership by building a custom home in Mount Washington. After years of renting and navigating...
Better Angels Proposes Affordable Housing Development in LA
News Summary Better Angels, founded by tech entrepreneur Adam Miller, has unveiled an innovative proposal to develop 212 affordable housing units and a medical office at Wilshire and Crenshaw in...
Los Angeles Sparks New Hope After Heartbreak at Local Bar
News Summary A chance encounter at Lily’s Bar in Hollywood leads a local writer and actor, recovering from a breakup, to find renewed hope and inspiration in her life. Meeting...
Rise in Federal Lease Cancellations Hits Los Angeles
News Summary Los Angeles faces a significant surge in federal lease cancellations, influenced by spending cuts under the Trump Administration. Over 70,000 square feet in L.A. County were terminated, marking...
Historic U.S. Courthouse in Los Angeles Up for Sale
News Summary The federal government is selling the historic U.S. Courthouse on Spring Street in Los Angeles as part of a cost-cutting initiative. This 750,000 square foot building, designed in...