Los Angeles Business Journal

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Apollo Global Wins Auction for Classic Party Rentals

Classic Party Rentals on Tuesday said that a bid by affiliates of Apollo Global Management beat out an offer by creditors to take over the company.

Jacobs Buys Verizon Unit

Jacobs Engineering Group Inc. on Tuesday said it will acquire Federal Network Systems from Verizon Communications.

CIM Buying Farmers Insurance Complex

Hollywood developer CIM Group on Monday said that it has agreed to buy Farmers Insurance Group's longtime headquarters on Wilshire Boulevard.

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Latino Market

New licenses rev up auto insurer’s focus

Spain’s Mapfre hopes illegal immigrants obtaining drivers licenses will rev up its auto coverage market.

McMorrow Makes Gift to USC Marshall

The University of Southern California and its Marshall School of Business announced Tuesday that local real estate executive William J. McMorrow made a substantial gift to the school to establish a global real estate program.

Santa Monica Prop House Moves to Burbank

Omega Cinema Props is relocating from Santa Monica to the Burbank Airport Commerce Center.

Rubicon Project Goes Public

Shares of Rubicon Project Inc. on Wednesday rose more than a third in its New York Stock Exchange debut.

L.A. Council Passes Trash Franchise Program

The Los Angeles City Council on Tuesday approved a controversial program to turn commercial trash hauling in the city into an exclusive franchise system.

Former Law Students Seek to Forge Online Links

INTERNET: Duo launches website to help customers connect with attorneys.

Michael Chasin and Aaron George were fellow students at Loyola Law School when they took a look at the industry they were about to enter and noticed a problem.

David Nazarian Gives $10 Million to CSUN Biz School

Cal State Northridge will rename its business school after David Nazarian following a $10 million gift by the L.A. tech and real estate investor.

Willow Bay to Lead USC's Journalism School

The USC Annenberg School for Communication and Journalism announced Wednesday that veteran broadcaster Willow Bay has been named director of its School of Journalism. Bay also is the wife of Walt Disney Co. Chief Executive Bob Iger.

Steven Hilton to Step Down from Family Foundation

Steven Hilton on Tuesday said that he will step down as chief executive of the Conrad N. Hilton Foundation at the end of next year.

List Website Hopes It Has Your Number

Ranker takes Yelp-like ratings beyond just hotels, restaurants.

List-making website Ranker hopes it rates the description “a Yelp for everything else.”

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Overseas Appeals

LAW: Gibson Dunn touts recent Latin American wins for Dole, Chevron as it courts more work from multinationals.

Recent court victories for Dole and Chevron are helping Gibson Dunn make its case for more international work.

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Businesses Still Battle Disability Suits

LAW: Plaintiff attorneys raise costs by going straight to filing.

Reform intended to curb abuse of the Americans With Disabilities Act has not stopped business owners from being sued multiple times for the same infraction.