Los Angeles Business Journal

LA SERVICES

Recent and archived news stories on: Accounting, Advertising, Consulting, Jobs, Food, Insurance, Law, Printing, Public Relations, Security...

Chinese Food Pioneers Fill Plate

DINING: Cherngs feed growth plan with diverse investments.Panda Express’ Cherng family has looked beyond Chinese fare to heat up growth prospects.

By Caroline Anderson November 25, 2016 midnight   $$ Share

Cadiz Closes Public Offering; Raises $10.6 Million in Working Capital

Cadiz Inc., the Los Angeles company that’s trying to build a water storage and conveyance project in the Mojave Desert, announced Tuesday that it has closed a public offering that netted $10.6 million in working capital. Separately, the company announced a refinancing of $43 million in senior debt that extends the maturity date two years until September 2019.

Tease photo

Commercial Kitchens Turn Into Hot Properties

FOOD: Facility operators look to feast on expansion as businesses get cooking.

A boom in cooking ventures has commercial kitchen operators whipping up expansion plans.

Judge Rules Santa Monica Developer Forged Documents in Real Estate Dispute

A judge ruled Tuesday to sanction prominent Santa Monica developer Neil Shekhter after an eight-day hearing showed the real estate mogul forged documents, destroyed evidence, and committed perjury in connection to a dispute over a joint apartment complex venture.

Dairy Queen Plans L.A. Expansion of Its Quick-Service Restaurant Concept

Dairy Queen is sweet on Los Angeles. The 76-year-old Minneapolis ice cream maker is planning on opening 50 to 60 stores in Los Angeles, San Bernardino, Riverside, and Orange counties in the next decade. It would be a significant step up from the brand’s 98 locations in California. The L.A. move is part of Dairy Queen’s nationwide push of its quick-service restaurant concept DQ Grill and Chill, which includes new locations and conversions of existing stores. Started in 2002, the restaurant has a menu with burgers and chicken sandwiches that the company hopes can compete with Jack in the Box and Burger King.

Tease photo

Bike Shop Banker Supply Steers Clear of Racing, Expensive Big Brands.

CYCLING: Gear Shift

Banker Supply settled on Los Angeles to peddle its more casual and cheaper take on bikes.

USC Debuts New Transnational Law Center

USC’s Gould School of Law has launched a new center aimed at training attorneys to navigate an increasingly complex global business economy. The USC Center for Transnational Law and Business is led by director Brian Peck, who previously served as deputy director of international affairs and business development for Gov. Jerry Brown and has worked as a USC adjunct professor for the past seven years. The center will focus on teaching new generations of attorneys how to navigate international trade and compliance policies, and will bring together trade and business law and policy to discover better ways for companies to conduct business across borders, said Peck.

Tease photo

Port of Long Beach Cargo Figures Drop Amid Fallout from Hanjin Bankruptcy

October cargo container volumes fell 6 percent at the Port of Long Beach compared to the same month last year, as fallout from the bankruptcy filing of Hanjin Shipping Co. continued. A total of 581,808 twenty-foot equivalent container units (TEUs) moved through docks last month, down 6.2 percent from October 2015 levels. Total imports dropped 3.7 percent from last October, to 296,711 TEUs. Export TEUs were down 1.2 percent from last October to 126,770 TEUs.

Tease photo

Port of L.A. Sees Busiest Cargo Month Ever in Western Hemisphere

The Port of Los Angeles had the busiest month ever at a Western Hemisphere container port in October, officials announced Monday. Cargo volumes at the port increased nearly 16 percent last month compared to the same period last year, officials said in a news release, citing data collected by the American Association of Port Authorities.

Tease photo

Middle East Feast

Plan Check Kitchen + Bar joins restaurants looking to give Dubai taste of Los Angeles.

Dubai has become a hot spot for restaurateurs to serve up L.A. concepts in the Middle East.

Tease photo

Treat Maker Sinks Teeth Into Wholesale Business

FOOD: Pauline Marasek pursues solid returns for her brittle beyond retail.

Treat maker Pauline Marasek hopes to sweeten her pot by expanding from retailer to wholesale supplier.

Maersk Shipping Line to Monitor Emissions from Upgraded Vessels

Shipping company Maersk Line on Monday announced an agreement with the Ports of Los Angeles and Long Beach to monitor emissions from 12 recently upgraded container vessels that use the ports.

Tease photo

Payment Processor Puts Money on Compliance

MARIJUANA: PayQwick rolls up lenders willing to work with pot businesses.

PayQwick is banking on its compliance service to score pot-friendly lenders for customers.

Tease photo

Port of Long Beach to Use Cargo Ship to Clear Hanjin Containers

The Port of Long Beach is bringing in an unused container ship to help clear a backlog of empty cargo containers left behind by Hanjin Shipping Co.’s bankruptcy.

Tease photo

Feud In Fashion

Clothing copyright case divides West, East coasts

Split appears between fashion industry’s coasts over copyrightable clothing case.