Los Angeles Business Journal


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KKR Sweet on Lemonade

Lemonade Restaurant Group, a cafeteria-style restaurant chain based in West Hollywood, has sweetened a deal with global investment firm KKR of New York.

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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.

Tetra Tech Wins $23.6 Million U.S. Navy Contract

Pasadena’s Tetra Tech Inc. announced Thursday that is has been awarded a five-year, $23.6 million contract with the U.S. Navy. Tetra Tech will conduct field surveys and data analysis in order to predict the environmental consequences of an expansion of the training grounds at the Marine Corps Air Ground Combat Center in Twentynine Palms.

Korn/Ferry Earnings Beat Expectations

Staffing giant Korn/Ferry International reported fiscal first-quarter profit that was better than analysts expected.

Poll: How important is a degree from an elite school for those who aspire to reach the top of their profession?

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.

Former Port of Los Angeles Chief Joins USC

Geraldine Knatz, who served as executive director of the Port of Los Angeles from 2006 until last year, has joined USC’s faculty.

L.A. Hotel Prices Increasing

Visitors to Los Angeles paid an average of $162 a night for hotel accommodations during the first six months of 2014, an increase of 6 percent compared to the same period in 2013, according to the biannual Hotels.com Hotel Price Index. The index listed Los Angeles as the fourth most popular travel destination for Americans, up one slot from last year.

Public Utilities Commission Fines Edison $24.5 Million

The California Public Utilities Commission announced Thursday that it has fined utility giant Southern California Edison $24.5 million for violations involving two 2011 incidents that left three people dead and more than 400,000 without power for as long as eight days.

Coffee Bean & Tea Leaf Expanding to Japan

The Coffee Bean & Tea Leaf, which has its main offices in Los Angeles, on Monday announced plans to open its first stores in Japan by the end of the year.

Ensign Group Buys Angeles Home Health Care

The Ensign Group of Irvine has purchased Angeles Home Health Care of Los Angeles for an undisclosed amount.

Merger Creates Beverly Hills Law Firm

A new law firm called Tepper & Takvoryan was formed by a merger between a Beverly Hills firm and another in Glendale.

VCA Inc. Beats Expectations

L.A. animal health care company VCA Inc. reported earnings on Thursday that beat analysts’ expectations.

Scripps Ends Talks With USC

Talks have broken off regarding an acquisition of Scripps Research Institute of La Jolla by USC or a merger or partnership between the two.

Harbor Truckers Go On Strike

Hundreds of truckers who work at the ports of Los Angeles and Long Beach went on strike on Monday to protest what they called unfair labor practices.

Study: Hotel Wage Hike Could Hurt City

Raising L.A. hospitality workers’ minimum pay above $15 may burden the local hotel industry to the point of causing a loss of tax revenue for the city, according to a study released Thursday.