The unemployment rate in Los Angeles County inched up to 4.5 percent in July from a revised 4.4 percent in June, the state Employment Development Department reported Friday.
Entertainment industry technology company FilmTrack has received $5.5 million in series C funding from Insight Venture Partners.
LTC Properties reports profitable quarter, Capstone Turbine has a loss.
Salem Media income falls, B. Riley revenue triples and MannKind posts another loss.
PennyMac Financial Services Inc., the non-bank mortgage lender in Westlake Village, disappointed Wall Street Thursday.
Crednology Holding Co. announced Tuesday it plans to acquire a company that provides cloud computing based services.
Two executives at the Valley Economic Development Center are no longer with the organization, the Business Journal has confirmed.
On Assignment Inc. increased its earnings and revenue in the second quarter but still fell short of analyst expectations.
L.A. County’s unemployment rate remained unchanged in June from May’s record low 4.4 percent as a seasonal drop in education payrolls offset modest hiring in other sectors.
Running a public company – once the Holy Grail of entrepreneurial success and prestige – has become a fading star with the diminishing light especially apparent in markets such as the Valley region.
Theodore W. Tozer, the former president of the Government National Mortgage Association or Ginnie Mae, will join the board of PennyMac Financial Services Inc., the company announced Wednesday.
B. Riley Inc. has completed its acquisition of Wunderlich Securities, a wealth management firm based in Memphis, Tenn.
L.A. County’s unemployment fell to a new record low of 4.4 percent in May amid steady job gains, state figures released Friday show.
L.A. County’s unemployment rate fell to another new low of 4.5 percent in April, but in a sign that the local economy is close to full employment, employers in the county reversed their hiring trends and shed a net 7,000 jobs last month, state figures released Friday show.