Corporate news, earnings, deals, and industry coverage.
Business
Miniso leads the National Retail Federation's growth list with nearly 53 percent sales increase, while other Asian-origin chains also rank high after proving themselves in competitive Southern California.
Business
Domestic travel expenses climbed this Labor Day period, with Southern California gasoline averaging $5.86 per gallon and popular routes seeing round-trip airfares near $800.
Business
A Malibu man who defrauded investors of more than $20 million has been placed on the FBI's Most Wanted Fraudsters list, with up to $150,000 offered for information leading to his arrest.
Business
Several small businesses in Inglewood face displacement for a new shuttle bus line, with owners citing shortfalls in relocation aid and unclear compensation terms, according to FOX 11 Los Angeles.
Business
A federal judge has dismissed a lawsuit alleging harassment and discrimination against singer Lizzo's production company Big Grrrl Touring, according to ABC7 Los Angeles.
Business
Santa Monica College faces heightened scrutiny from its accreditor over ongoing budget shortfalls, though officials say the college remains accredited and is addressing the issues through cost-cutting measures.
Business
The Trump administration has begun a review of California's coastal oversight to promote more crude oil flow, including potential new leases and restarted pipelines, according to ABC7 Los Angeles.
Business
Pabst Blue Ribbon is offering a $20,000 reward for information following the theft of 40,000 pounds of beer in Montclair, California.
Business
A pregnant hardware store worker in Palmdale, California, confronted a man attempting to steal a 46-pound air-conditioning unit, according to video reported by ABC7 Los Angeles.
Business
A crash on the southbound 5 Freeway in Anaheim killed two and injured two others Thursday morning, closing multiple lanes near the Lincoln Avenue exit.
Business
Chevron announced it will increase production in the Orinoco Belt through a joint venture, targeting 600,000 barrels per day over five years. The expansion occurs after the US secured rights to develop major Venezuelan oil assets.
Business
Thrifty Ice Cream, founded in 1940, was purchased for $19 million and now distributes through supermarkets after Rite Aid announced store closures. The El Monte factory produces up to 75,000 gallons daily across 64 flavors.
Business
Pabst Brewing Co. has announced a $20,000 reward after a truck carrying 1,602 cases of beer was stolen from an Anheuser-Busch facility in Montclair on Aug. 17.
Business
A Fremont resident has been arrested and charged with stealing $20,000 from an elderly Ventura County victim through a computer pop-up scam, according to FOX 11 Los Angeles.
Business
Defense contracts awarded in Los Angeles County have more than doubled over ten years after inflation adjustment, with startups gaining ground in drones, satellites and related technologies amid rising venture funding and new federal priorities.
