Los Angeles Business Journal

UC Campuses Ranked High in Washington Monthly

UC San Diego, UC Riverside, UC Berkeley and UCLA dominated the top spots in the annual “socially conscious” rankings of national universities released Monday by Washington Monthly magazine, according to the Los Angeles Times.

Surf’s Up, Thanks to Hurricane Marie

Hurricane Marie is expected to rouse waves that reach 8 to 15 feet along the Los Angeles and Orange County coastline this week, prompting lifeguards to warn beachgoers of potentially dangerous conditions, the Los Angeles Times reported.

Stocks Up

The Dow Jones industrial average was up 48 points to 17,125 in Tuesday morning trading. The S&P 500 was up four points to 2, 002. The Nasdaq was up five points to 4,562.

Napa Quake Losses up to $1 Billion

The magnitude 6.0 earthquake that hit near Napa on Sunday was the strongest the San Francisco Bay Area has experienced in a quarter century. The United States Geological Survey estimates that economic losses could be up to $1 billion, the New York Times reported.

California and Texas Compete to Attract Businesses

Texas Enterprise Fund, which offers cash incentives, along with similar programs in that state have often stolen jobs from California. The Golden State is using similar tactics to fight back, the Los Angeles Times reported, with a $750-million plan this year to attract and retain businesses.

LAUSD Officials Had Close Ties to Apple

Los Angeles schools Superintendent John Deasy and his chief deputy developed a special relationship with executives from the company that won a $1 billion contract to provide every student in the Los Angeles Unified School District with an iPad, records show, according to the Los Angeles Times.

Uber, Lyft Hire PR Firms to Kill Ride-Sharing Insurance Bill

Uber, Lyft and their Silicon Valley allies have hired seven lobbying and public relations firms for a rear-guard action to kill a bill that would increase the amount of insurance coverage required by the state and prohibit drivers from using personal policies instead of commercial ones, the Los Angeles Times reported.

Oscar-winning Director Richard Attenborough Dead at 90

Richard Attenborough, who directed the 1982 Oscar best picture “Gandhi” and starred in Steven Spielberg’s “Jurassic Park” as park creator John Hammond, died Sunday at age 90, Variety said.

SAG-Aftra Approves 2014 Contracts

SAG-Aftra members voted overwhelmingly to ratify the 2014 TV/Theatrical Contracts, covering theatrical, primetime, and basic cable television production, the union has announced. This marks SAG-Aftra’s first TV/Theatrical negotiation as a merged union, the Hollywood Reporter said.

The Case for an Alternative Bullet-Train Route

California High-Speed Rail Authority is considering an alternative route to get high-speed rail from Palmdale to Burbank, the Los Angeles Times reported. The route, recommended by Los Angeles County Supervisor Michael D. Antonovich, would rely on extensive tunneling to cross the rugged Angeles National Forest.

Valeant and Ackman Seek Judge’s Help

Valeant Pharmaceuticals International and William Ackman are seeking a judge's help to speed up their $53 billion hostile takeover bid for Irvine’s Allergan, which makes Botox, the Wall Street Journal reported.

Fans Angered by Lines at FYF Festival

Thousands of FYF attendees complained on social media over the weekend during the 11th annual outdoor music festival, hosted for the first time at the Los Angeles Sports Arena and Exposition Park, about lines that for many required a two-hour wait, according to the Los Angeles Daily News.

“Guardians of the Galaxy” Top Grossing Film of Season

Marvel Studios and Disney’s “Guardians of the Galaxy” reclaimed the top spot at the North American box office this weekend as it became the top grossing film of the season, bringing its total global earnings to $489 million, the Hollywood Reporter said.

Long Beach Mortician’s Funny Funeral Stories

In 2007, Long Beach mortuary owner Ken McKensie created a "Men of Mortuaries" calendar that showcased shirtless morticians with shovels. His new book, "Over Our Dead Bodies: Undertakers Lift The Lid" is a collection of funny stories from funeral directors across the country, the Los Angeles Times said.

Stocks Up

The Dow Jones industrial average was up 94 points to 17,095 in Monday morning trading. The S&P 500 was up 11 points to 1,999. The Nasdaq was up 27 points to 4,566.