Business
Construction of a new high-rise addition to the Hilton hotel in Universal City was approved by the Los Angeles Planning Commission, clearing a major hurdle for the long-planned expansion.
Sept. 18, 2024
Music
Sean ‘Diddy’ Combs will stay locked up in an infamous Brooklyn, N.Y., federal jail after his attorney tried and failed to have him put on house arrest.
California
The National Park Service announced that the historic Wawona Hotel in Yosemite would close on Dec. 2 to allow the agency to conduct a comprehensive assessment.
Sept. 12, 2024
Hotel sales volume and the number of individual sales are both down in California and Los Angeles, a recent report from Atlas Hospitality Group found.
Updates
Los Angeles-based Ares Management Corp. acquired the 1,641-room Hyatt Regency Orlando and 45 acres of adjacent land from Hyatt Hotels Corp. for $1.07 billion on August 16.
Aug. 22, 2024
Hollywood Inc.
Activist investor Starboard is challenging the dual-class share structure of News Corp. that has amplified the Murdoch family’s say in the company.
Sept. 9, 2024
A new city reports bolsters a proposal by some L.A. City Council members to raise the minimum wages of hotel and airport workers before the 2028 Olympics.
Sept. 10, 2024
INDUSTRIES
Orara Ltd. agreed to a deal with Atlanta-based Veritiv Corp. to sell its Buena Park-based Orora Packaging Solutions division for an enterprise value of $1.2 billion on Sept. 3.
Workers represented by Unite Here Local 11 launched a boycott of the Cameo Hotel and Marriott Beverly Hills hotels in August.
Sept. 5, 2024
The two border agents, Diego Bonillo and Jesse Garcia, were charged with an 11-count indictment, accusing the pair with importation of methamphetamines, fentanyl and cocaine. They face more than a decade in prison.