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News releases from L.A. Biz

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Virgin Orbit to demo 'late-load' capability on launch of first Dutch defense satellite
The announcement comes just 10 days after the Long Beach aerospace company's first successful flight. 
Tags Virgin Orbit, LLC Spacex, LLC Aerospace
From Business Journals
SpaceX to launch record number of satellites in a single mission
This weekend's launch marks the first dedicated mission for SpaceX's SmallSat Rideshare Program, which enables small-satellite customers to book a ride to orbit with SpaceX directly. 
Tags Aerospace Technology Space Exploration Technologies Corp/
From Business Journals
TrueCar finds new CFO in Jantoon Reigersman
Jantoon Reigersman replaces Noel Watson, who resigned as CFO in November after less than 18 months on the job. 
Tags Jantoon Reigersman Automotive Mike Darrow
From Business Journals
SpaceX to set a new record with first launch of 2021
Elon Musk's aerospace company will attempt to fly a Falcon 9 rocket booster for a record number of times. 
Tags Spacex, LLC Space Exploration Technologies Corp/ Technology
From Business Journals
GOAT gets strategic investment from French luxury fashion company
The Culver City, California, sneaker marketplace will use the money to continue its expansion into fashion apparel and new categories. 
Tags E/commerce Retailing
From Business Journals
ViacomCBS sets launch date for Paramount+
The New York-based media and entertainment conglomerate said it will provide a "comprehensive overview" of its streaming strategy on Feb. 24. 
Tags Media & Marketing Digital Media ViacomCBS Inc/
From Business Journals
Virgin Orbit to demo its LauncherOne air-launched rocket
The Long Beach company aims to air-launch its LauncherOne rocket from the Cosmic Girl Boeing 747-400 aircraft at high altitude. 
Tags Richard Branson Aerospace Virgin Orbit, LLC
From Business Journals
Disneyland ends annual pass program
The program will be replaced by a new membership offerings that are currently under development. 
Tags Travel & Tourism Travel Recreational Tourism
From Business Journals
Coca-Cola sells Zico coconut water back to brand founder’s fund
PowerPlant Ventures, a growth equity fund focused on consumer food, beverage, and foodservice companies, has formed a new company, Zico Rising. 
Tags Coca/Cola Company (The) Consumer Goods Mark Rampolla
From Business Journals
L.A. film shoots plunged in December amid Covid surge
After growing steadily through October, film permit applications slowed in November, then dropped sharply last month. 
Tags Media & Marketing Paul Audley Film Industry
From Business Journals
Scopely hires former Facebook games exec as chief marketing officer
The move comes less than three months after Scopely's last financing round, which brought the mobile-games company's valuation to $3.3 billion. 
Tags Ben Webley Video Games Tim O'Brien
From Business Journals
Outer raises $10 million for outdoor furniture backyard showrooms
With people spending more time at home during the coronavirus crisis, the outdoor furniture brand saw its sales grow by 1,000% last year. 
Tags Retailing Consumer Goods Jiake Liu
From Business Journals
Dollar Shave Club founder — and star of its ads — steps down as CEO
The lifestyle brand and e-commerce company's new chief joins from Sur La Table. 
Tags E/commerce Sunny Jain Sur La Table
From Business Journals
Faraday Future said to be in talks to go public with a SPAC
The Los Angeles-based EV maker is said to be in talks to merge with blank-check company Property Solutions Acquisition Corp. 
Tags Fisker Automotive BMW Mergers and Acquisitions
From Business Journals
Los Angeles' Covid test could be issuing false negatives, FDA says
The city intends to continue to use the Curative test at its city-operated testing sites, however, Mayor Eric Garcetti said. 
Tags Coronavirus Government & Regulations Eric Garcetti
From Business Journals
Kia Motor America COO Bill Peffer leaves company after one week in new role
Kia Motors has not yet appointed a successor. 
Tags Kia Motors America, Inc/ Sean Yoon Bill Peffer
From Business Journals
BuyBuy Baby names Honest Co. vet senior VP and general manager
She also held previous roles at Mattel and Walmart. 
Tags John Hartmann Retailing Bed Bath & Beyond Inc/
From Business Journals
SpaceX to launch controversial Turkish satellite
The Hawthorne, California-based aerospace company is scheduled to launch the Türksat 5A satellite on Thursday. 
Tags Space Exploration Technologies Corp/ Spacex, LLC Technology
From Business Journals
‘Wonder Woman 1984’ sets pandemic box office record with $16.7M in sales
The film, which also launched on HBO Max, beat the $10 million that “Tenet” notched when it premiered in September. 
Tags Media & Marketing The Walt Disney Co/ Patty Jenkins
From Business Journals
Upright Citizens Brigade sells Sunset Boulevard location
The comedy's location on Franklin Avenue remains open for now. 
Tags Amy Poehler Matt Besser Film Industry
From Business Journals
We're heading toward a hybrid retail model. Here's what that looks like, according to a CBRE report.
The way we are shopping now is shaping how we will shop in the future when the coronavirus crisis has passed. 
Tags Motti Farag E/commerce Retailing
From Business Journals
MGM eyeing a sale
The legacy Hollywood studio has hired Morgan Stanley and LionTree for the sale process. 
Tags Netflix Inc/ Film Industry Metro/Goldwyn/Mayer, Inc/
From Business Journals
Zevia lands $200 million investment for zero-calorie beverages
The money from(CDPQ) will be used to expand Zevia's reach beyond the United States and Canada. 
Tags Caisse De Depot Et Placement Du Quebec Martin Laguerre Food & Beverage Manufacturing
From Business Journals
Ford recalling 30,000 full-size vans, Explorers and Aviators
It's the second recall of Explorers and Aviators in as many months. 
Tags Automotive Ford Motor Company Manufacturing
From Business Journals
Aecom teams with NJ's Bergen County, Columbia on Covid-19 wastewater testing
Wastewater testing can provide early indication of increases in infection rates and the effectiveness of vaccine deployment in specific areas. 
Tags Government & Regulations Architecture & Engineering Lara Poloni
From Business Journals
Fat Brands to merge with controlling shareholder Fog Cutter Capital
The merger will provide Fat Brands increased financial flexibility and simplified corporate structure. 
Tags Retailing Fog Cutter Capital Group Inc/ Andy Wiederhorn
From Business Journals
Relativity Space, which has yet to launch a rocket, signs seventh customer
Launch integration company TriSept Corp. has tapped Relativity for a mission that could take place as early 2022. 
Tags Relativity Space Aerospace Rob Spicer
From Business Journals
CAA’s Creative Labs gets $5 million investment from Japan's Dream Link
Creative Labs will launch a Tokyo-based division to focus on the Japanese market. 
Tags Digital Media Film Industry Joe Biden
From Business Journals
C-Suite Rides: OK diesel lovers, the Jeep Gladiator now takes your fuel (PHOTOS)
Is checking the diesel-power option box on the Gladiator worth the extra $4,000? 
Tags Fiat Chrysler Automobiles N/V/ Jim Morrison Fiat Chrysler Automobiles
From Business Journals
HMBradley raises $18 million to reward users who save
The more HMBradley customers save, the more interest they earn — up to 3% if they're putting away 20% of their direct deposits. 
Tags Venture capital Banking & Financial Services Vishal Lugani
From Business Journals
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