L.A.’s biggest companies are raking it in. Here’s what’s driving the profit boom.


Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.

While Silicon Valley and the Bay Area tend to dominate the tech scene in California, Los Angeles has a handful of its own companies finding success.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span.

The total marked a 26…

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