Los Angeles Business Journal


Advanstar OKs UBM Buyout

Santa Monica trade show organizer Advanstar Communications Inc. announced on Wednesday that is has agreed to be acquired by publicly traded British communications and events company UBM for $972 million.

J2 Global Makes Another Acquisition

J2 Global has acquired Philadelphia cloud email security provider Excel Micro Inc. – the company’s fourth acquisition in as many months.

Poll: Korean rice alcohol soju is the best-selling spirit in the world, but it is still a novelty in the U.S. Have you ever tried it?

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.

Serviz Delivers Home Services to Your Door

Serviz, an on-demand home services company, has hard-launched its website and iOS app to help consumers fix up their homes.

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Work/Life Balance: Greenberg Glusker Partner Andrew Apfelberg on Krav Maga and Standing Calendar Appointments

Andrew Apfelberg, 42, is a partner in the mergers and acquisitions practice of Century City law firm Greenberg Glusker. He has represented the likes of Fiji Water, OPI Products Inc. and Westlake Financial Services in major deals. In 2012, the Association for Corporate Growth elected Apfelberg as president and chairman of its Los Angeles chapter. Despite his demanding career, he also gardens, spends time with his kids and practices Krav Maga, the self-defense system created by the Israeli military. For our new series on mastering work/life balance, we learned how he makes time for it all.

Dotstudioz Launches Digital Distribution Platform

Dotstudioz, a Burbank entertainment tech company, has released a platform to help new media content creators manage, monetize and distribute their work.

L.A. Economy Lags, Shows Spotty Growth

The economic recovery in Los Angeles has been uneven and lags behind the rest of the state and nation, according to a report to be released this morning by Beacon Economics and the Los Angeles Area Chamber of Commerce.

CBS Radio Shakes Up KNX and KRTH

CBS Radio has cut a program director and several on-air hosts at news station KNX-AM (1070) and oldies station KRTH-FM (101.1) as it seeks to improve ratings.

Seattle Lender to Buy Covina’s Simplicity Bank

Covina savings and loan Simplicity Bancorp Inc. announced Monday that it has entered into an agreement to be purchased by Seattle bank HomeStreet Inc. in an all-stock deal. The combined company will have about $4.1 billion in assets under management.

LAX On Course for Record Pace

Passenger counts at Los Angeles International Airport continued to climb last month, and the airport remains on pace to break its passenger traffic record, according to figures released Monday.

Governor Brown Signs Grease Theft Bill

Gov. Jerry Brown has signed a bill to crack down on theft of used kitchen grease.

Stocks Down

The Dow Jones industrial average fell 42 points in Monday trading to 17,071. The S&P fell five points to 1,978. The Nasdaq fell six points to 4,506. The LABJ stock index was flat at 201.

‘Uniformly Flat’ L.A. Skyline Could Take Different Shape

Los Angeles will no longer require tall buildings in the city to have flat roofs and helipads, a change that means the city’s skyline could one day include the kind of narrow tops and grand spires seen in other big cities.

Dollar Shave Club’s Membership Hits 1 Million

No irritating stubble or bumps on Dollar Shave Club’s path of success.

L.A. Bank’s Survey Reports Optimism for 2015

The majority of local small and medium-sized businesses expect revenues to increase next year, according to a survey taken by downtown Los Angeles bank CTBC Bank Corp.

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Satellites to Play Big Role for Studios

FILM: Digital coalition beaming over cost savings for distribution.

Local coalition projects satellite distribution as the cost-saving future for movie houses.

‘Star’ on Rise In Moisture Farming

Skywell plays up ties to sci-fi in promoting water condensers.

Skywell taps “Star Wars” references as it hopes to become a force in moisture farming.

Smart & Final, Green Dot Among Week’s Biggest Movers

The Los Angeles Business Journal’s index of the area’s largest public companies fell for the week.

Judge Dismisses McRO Suits Against Activision, Disney, Warner Bros.

Activision Publishing, a unit of videogame publisher Activision Blizzard Inc. in Santa Monica, has defeated an infringement suit involving two patents for lip synchronization of animated characters.

Stocks Up

The Dow Jones industrial average rose 167 points in Friday trading to 17,113. The S&P 500 rose 17 points to 1,983. The Nasdaq rose 45 points to 4,512. The LABJ stock index rose one point to 201.