PYMNTS
DECEMBER 28, 2020
In Los Angeles, a widespread glut of shipments has slowed down operations at the nation's busiest container port complex, the Port of Los Angeles , according to CNBC. Port of Los Angeles Executive Director Gene Seroka , speaking Monday (Dec. 28) on CNBC, said the cargo volume is up 50 percent.
PYMNTS
FEBRUARY 24, 2017
However, Los Angeles has been coming into its own over the last decade or so. In this week’s Tech Center tracker, Shivani Siroya, CEO of Tala , spoke with PYMNTS on how the Los Angeles area is becoming a center for tech. Los Angeles County had an estimated population of 10 million in 2015.
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PYMNTS
APRIL 27, 2020
Treasury rolled out its latest Paycheck Protection Program (PPP) funding to rescue small- to medium-sized businesses (SMBs), the Los Angeles Lakers returned $4.6 million to the fund, the team said on Monday April (27), according to the Los Angeles Times. Another $10 million went to the coal mine operator Hallador Energy.
PYMNTS
SEPTEMBER 27, 2020
Hotels have been especially hard hit as travel has diminished amid COVID-19 shutdowns, with many operators reporting single-digit occupancy rates. In another case, the Holiday Inn La Mirada, near Los Angeles, was recently valued at $22 million — a 27 percent dive from 2015.
PYMNTS
SEPTEMBER 17, 2020
The long-awaited first Amazon Fresh brick-and-mortar store officially opened for business in Los Angeles this week, while Whole Foods talked up falling prices. This week, the eCommerce giant gave the public open access to the shop, located in Los Angeles. Whole Foods Promises Price Cuts. Grocery Delivery Firm Weee!
PYMNTS
JANUARY 22, 2019
That came after it shut down service in Seattle, Los Angels, and New York. Reports citing an email Munchery sent to customers Monday (January 21) said the shutdown isn’t too surprising given in May it was forced to lay off 257 employees, which amounted to 30 percent of its workforce.
PYMNTS
JUNE 25, 2020
Scott Wood , senior director of wholesale operations at Carvana, said in the announcement, “Wholesale has been an important part of our business from the beginning, and much like consumer interest in The New Way to Buy a Car has quickly grown over time, so has interest in what we offer to industry customers with our wholesale inventory.”.
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