Business
Alibaba is separating the company into six business groups as it looks to react faster to market changes and increase its value.
INDUSTRY UPDATES
Tengram Capital Partners, a middle-market private equity firm, has announced the sale of HRB Brands to Sodalis Group, a European-based beauty and personal care platform.
Entertainment & Arts
REDCAT presents the West Coast premiere of the Wooster Group’s production of Richard Foreman’s ‘Symphony of Rats.’
Huntington Oaks Center in Monrovia was acquired by Paragon Commercial Group for $79.4 million, or $293 per square foot.
Opinion
L.A. Unified deserves credit for maintaining education for fast learners. But schools across the state and country have been eliminating programs for them.
Bridge Investment Group acquired Horizon Apartment Homes in Santa Ana from the Bascom Group for $129.2 million, or $318,000 per unit, and pledged to preserve hundreds of units as affordable housing.
World & Nation
Donald Trump’s lock on the white evangelical vote is legendary, but he didn’t focus exclusively on large religious voter blocs.
Universal Music Group acquired two parking lots adjacent to the famed Capitol Records Tower in Hollywood for $30 million.
California
Maternal health organizations and advocates are urging the California surgeon general to suspend the rollout of a plan aimed at reducing maternal mortality.
La Mutua, the nation’s oldest Latino civil rights group is down to about 200 members, some middle-aged, but a new generation is trying to revive the group.