F&M Bank in Calif. Boosts 3Q Profit on Loan Growth, Securities

American Banker

Profit at Farmers & Merchants Bank of Long Beach in California improved in the third quarter, due to loan growth and increased securities income. breaking_news earnings-community-banks performance ca community-banking

When a Member Surrenders Her Home Does It Belong To the Credit Union?

New York's State of Mind

A couple’s home on Long Beach Long Island is destroyed by Hurricane Sandy. They fall on hard times and become delinquent on their mortgage loan. They file for Chapter 13 bankruptcy, which allows them to reorganize their debts, still owing hundreds of thousands of dollars on their mortgage loan. The bank makes a reasonable business […]. Legal Watch Mortgage Lending Chapter 13 HSBC Bank USA N.A.

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Cyberattack Strikes Chinese Shipper Cosco

PYMNTS

The transaction gave the company control over a large container terminal in Port of Long Beach, in California. Officials at the Port of Long Beach said the terminal’s operations currently weren’t affected. “We Cosco Shipping Holdings Co. was the victim of a cyberattack that disabled the Chinese state-run company’s U.S. website and email systems. According to the Wall Street Journal , the company said the attack hasn’t disrupted its global shipping operations. “So

DoorDash To Bring P.F. Chang’s Drinks To Your Door

PYMNTS

Chang’s California restaurants include Anaheim, Burbank, Emeryville, Fremont, Irvine, La Jolla, Long Beach, Oakridge Mall in San Jose, Palo Alto, Pleasanton, Sunnyvale and Walnut Creek. Chinese cuisine restaurant P.F. Chang’s announced it is testing beer and wine delivery with DoorDash at 12 locations in select California markets.

Outer On Tapping D2C ‘Neighborhood Showrooms’ For eFurniture

PYMNTS

For now, the company has spaces in the Los Angeles area such as Long Beach and Woodland Hills.) In an age of eCommerce brands opening up pop-up shops and permanent stores, some companies are taking a different approach to showcasing their products in real life.

Amazon’s Great Infrastructure Expansion Rolls On — Now With A New Logistics IT Center

PYMNTS

Joining Texas Tech this year will be The Georgia Institute of Technology and California State University, Long Beach, as well as in the college communities of University of Akron and University of Connecticut. It seems we can’t get through a week without announcing yet another expansion in Amazon’s shipping logistics infrastructure project.

Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard

PYMNTS

the bankrupt South Korean shipper, is facing even more woes, apparently, as The Wall Street Journal reported that emptied shipping containers have piled up and are causing “headaches” by occupying warehouses, parking lots and shipping trailers at ports in Los Angeles and Long Beach that could be used to store and move other shipping containers filled with merchandise for the holiday shopping season. A week after a report from Fitch Ratings named Sears Holding Corp.

LA Tech Map: The Most Well-Funded Tech Startups By City In Greater LA

CB Insights

Long Beach. Huntington Beach. Manhattan Beach. Newport Beach. Los Angeles is an international hub for media and entertainment, but its economy extends much further than that.