Los Angeles Business Journal


Evolve Media Acquires Total Beauty

Online publisher Evolve Media has acquired West L.A.’s Total Beauty to boost online beauty content for its women’s lifestyle vertical TotallyHer.

Rootstock Partners, iFinance Merge

Rootstock Partners and iFinance Consulting Group have merged to offer outsourced financial services to early-stage startups. The new entity will be called Full Stack Finance.

Garcetti Names Film Liaison; Announces Steps to Expedite Filming

Los Angeles Mayor Eric Garcetti on Wednesday named Kevin James as film liaison and announced several steps to expedite filming permits within the city.

Poll: If you have a family business, have you planned for succession?

Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition. Our latest poll is available on the bottom right column of our home page.

Lizada Capital to Become Largest Medbox Shareholder

Cannabis investment firm Lizada Capital signed a $15 million deal Wednesday that will make it Medbox’s largest shareholder.

Geffen Gives $100 Million to New York Institution

Entertainment titan David Geffen has donated $100 million to New York’s Lincoln Center for the Performing Arts.

Mt. Wilson Broadcast Landmark on the Market

One of America’s most historic and iconic broadcasting landmarks is for sale.

Briefs: Wilshire Associates Opens China Office, Aecom CEO Named Chairman, New Boss at Marlborough School

Wilshire Associates Opens Office in China Santa Monica investment firm Wilshire Associates has opened an office in Suzhou, China.

Stocks Fall

The Dow Jones industrial average fell 106 points in Wednesday trading to close at 18,097. The S&P 500 fell nine points to 2,099. The Nasdaq fell 13 points to 4967. The LABJ Stock Index fell one point to 226.

Engineer in Metrolink Derailment Dies

The engineer of the Metrolink commuter train that collided last week with a vehicle on the tracks died early Tuesday.

Fuhu and Uber Partner for In-Drive Entertainment

El Segundo tablet-maker Fuhu Inc. announced Thursday it will provide its child-friendly Nabi tablets to certain Uber vehicles in a partnership with the ride-sharing giant.

CEO Announcement Boosts Staar Surgical Shares

Caren Mason, who was elected to implantable lens maker Staar Surgical Co.’s board last June, was named Tuesday as chief executive, replacing Barry Caldwell who retired March 1.

Stocks Fall

The Dow Jones industrial average fell 85 points in Tuesday trading to close at 18,203. The S&P 500 fell 10 points to 2,108. The Nasdaq fell 28 points to 4,980. The LABJ Stock Index fell one point to 227.

Freeplay Countersues Machinima and CDS for Copyright Violations

Freeplay Music, a New York firm that manages an online music catalog, has countersued Machinima of West Hollywood and Collective Digital Studios of Beverly Hills, accusing both YouTube networks of multiple copyright infringements.

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Tinder Launches Paid Premium Service

Tinder is hoping its latest move will turn its billions of swipes into cash.

Media Buildings in Burbank Now on Market

Three high-profile Burbank buildings with tenants that include Cartoon Network, Turner Broadcasting and MTV Networks have been put on the market for $90 million by their Beverly Hills owner.

Appeals Court Siding With Wal-Mart in Burbank

A state appeals court panel has issued a tentative opinion in favor of Wal-Mart Stores Inc.’s effort to build a superstore in Burbank.

Reliance CEO Hannah to Step Down

Metal processing firm Reliance Steel & Aluminum Co. of downtown Los Angeles announced Monday that Chief Executive David Hannah will step down in May as part of a succession plan. He will be replaced by President and Chief Operating Officer Gregg Mollins.

Venice Office Acquired, ‘Creative’ Rehab Coming

Boulevard Partners and Arris Investments have plunked down $11.5 million for a 25,000-square-foot mixed-use building on Lincoln Boulevard at Rose Avenue in Venice.

Herbalife Chief’s Compensation Slashed

If Herbalife Ltd. Chief Executive Michael Johnson sounded upbeat on the company’s recent earnings call, it likely had nothing to do with his 2014 compensation.