Los Angeles Business Journal


Report: FreedomPop in Talks with Sprint

FreedomPop, a West L.A. wireless phone carrier, is in talks with Sprint about a possible acquisition or investment, according to USA Today.

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Work/Life Balance: Angela Agrusa

Liner partner on work calls at baseball games, workplace prejudice and not keeping baby photos at her desk.

Angela Agrusa is a partner in Los Angeles law firm Liner’s litigation department. Her practice focuses on consumer false-labeling claims and competitor false-advertising challenges, as well as deceptive trade practices and class-action litigation. She is the chair of Liner’s consumer marketing and product labeling practice. Agrusa joined Liner after spending 16 years at Baker & Hostetler. She’s the mother of two teenagers. We spoke with Agrusa about “powering through” the workday as a mother with places to be.

UCLA Beats USC in Business School Rankings

Three local business schools made Bloomberg Businessweek’s 2014 ranking of MBA programs, now in its 14th year.

Funny or Die for Sale?

Will Ferrell’s comedy video website might be looking to sell, according to Bloomberg.

Jakks Expands to China

Malibu toymaker Jakks Pacific Inc. announced on Tuesday that it has formed a joint venture with Meisheng Culture and Creative Corp. to bring its products to China.

Live Nation Expands Reach to Indonesia

Live Nation Entertainment Inc. announced a partnership on Monday with Java Festival Production that will allow the Beverly Hills company to promote concerts in Indonesia.

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Aspiration Launches as Investment Firm for Middle Class

Online investment firm Aspiration wants to democratize the financial services industry.

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Baby Products Firm Leases, Expands Downtown

Premium infant products company Ergo Baby Inc. will move its downtown L.A. headquarters early next year, though only baby steps away.

Charney Investigation Costs American Apparel

American Apparel announced a substantial quarterly loss on Monday, but a large part of that was due to one-time charges relating to an internal investigation of former chief executive Dov Charney.

Paley Center Site Draws Top Dollar

The Paley Center for Media property sold last week for the highest off-Rodeo Drive price paid for a Beverly Hills retail property since 2007.

TrueCar, Investors to Sell Shares

Santa Monica car sales portal TrueCar Inc. announced in a Monday SEC filing that it plans to sell 6.4 million shares in a secondary offering.

Stocks Rise

The Down Jones industrial average climbed 40 points in Monday trading to close at 17,614.

Fullscreen Acquires Rooster Teeth

Culver City multichannel network Fullscreen said it would acquire online creative studio Rooster Teeth. Terms of the deal were not disclosed.

DogVacay Digs Up $25 Million

DogVacay, the site that vets dog-sitters for owners going out of town, has raised $25 million in a Series B round led by OMERS Ventures.

Former Trader Joe's CEO John Shields Dies

John Shields, who shepherded grocer Trader Joe’s through a major national expansion, died Oct. 31 after a long illness. He was 82.

Kite Pharma, Herbalife Among Week’s Big Movers

The Los Angeles Business Journal’s index of the largest local public companies fell for the week. The weighted LABJ index fell less than 1 percent to close at 213. Losers just outpaced gainers, 78 to 76, with five companies unchanged.

Stocks Mixed

The Dow Jones industrial average rose 19 points in Friday trading to close 17,574. The S&P 500 rose one point to 2,032. The Nasdaq fell six points to 4,633. The LABJ Stock Index fell one point to 213.

Teamsters Claim Victory as Port Truck Drivers Reinstated

Two previously fired port truck drivers returned to work Friday as employees of Green Fleet Systems in Long Beach, in what is seen by the International Brotherhood of Teamsters as a victory for harbor truckers.

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L.A. Launch List: Nov. 7

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches. On this week's Launch List: 3BlackDot, textPlus, Thrive Market and more.

MiTú Goes on TV

MiTú, the Latino-oriented multichannel network based in Culver City, is adapting two of its online series for television through a partnership with Spanish-language TV channel Discovery Familia.