Uptown Newport Village will replace two industrial buildings with a walkable neighborhood of shops, restaurants, parks and upscale housing.
Ninety-six upscale units will go into a long-vacant office tower designed by William Pereira on a stretch of Sunset Boulevard on the edge of Echo Park that once housed the MWD headquarters.
In Hollywood, a 1920s hotel-turned-apartment-building called the Whitley House has been sold for nearly $15 million.
Some of the hippest online retailers around are pioneering an old concept: offline retailing.
Amazon.com Inc. on Friday introduced Kindle Unlimited, an all-you-can-read e-book subscription service available for $9.99 a month.
California's unemployment rate fell to 7.4% in June ? a month in which the state finally recovered all the jobs lost during the recession.
A New York investment group has bought a $10-million loan as part of its efforts to shore up American Apparel Inc.'s finances and keep it from teetering into bankruptcy.
Michael Nesmith's name is far more often associated with the Monkees than the birth of Southern California country rock. Yet the former rock sitcom star played a key part in a 1960s scene when long hair and cowboy boots all a sudden made sense together. Nesmith blended rock and country music alongside artists such as Linda Ronstadt and Gram Parsons. Much of it happened at the Troubadour, where the hybrid sound was taking shape. "Linda would come play, the Dillards, [Roger] McGuinn would come play, [David] Crosby and Stephen [Stills] and Neil [Young] and all these guys," said Nesmith."I was the master of ceremonies of that thing." But Monkees' producers, as...