Los Angeles Business Journal

LABJ WEEKLY EDITION

New Life

Bioscience incubator homes in on CSULABIOSCIENCE: Cal State Los Angeles has made the grade as the new home for an ambitious incubator project.

By Howard Fine October 20, 2014 midnight   $$ Share

Activists’ Protest On the Money

BANKING: Coalition scores concessions in lender unions.

BANKING: California Reinvestment Coalition looks to lock up concessions from OneWest and CIT or trip up their merger.

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Online Network Channels Retail

INTERNET: AwesomenessTV sold on value of pop-up shop.

INTERNET: YouTube network AwesomenessTV says it will have a lot in store for fans at its pop-up shop.

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Fast-Food Site to Serve Up Hotel?

REAL ESTATE: Marriotts maker pays $13.8 million for burger lot.

REAL ESTATE: Jack-in-the-Box site in Hollywood serves up hefty per-foot price in $13.8 million deal.

New Rules On Feathers Take Wing

Firm self-regulates to help down users avoid charges of foul play.

Allied Feather & Down hopes to goose sales to clothing makers with its new rules on treatment of birds.

Lobster Truck Coming Out Of Its Shell

Cousins Maine to take crack at franchising crustacean business.

Cousins Maine Lobster initiates pincer movement by franchising its food truck business.

Lessons From LAUSD

For one day last month, Christopher Thornberg was principal at one of Los Angeles Unified School District’s most infamous schools.

Regional Report

News and notes from communities across Los Angeles County

Pasadena’s Jacobs Engineering Group has received an award from the Los Angeles County Department of Public Works to provide project and construction management as well as other support services for the design, renovation and building of multiple facilities at the Rancho Los Amigos National Rehabilitation Center in Downey.

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Hard to Swallow

DINING: Restaurant owner Jonathan Mgaieth says landlord failed to disclose lead paint, other toxins at property.

French restaurateur’s American dream turned toxic after mold, asbestos and lead paint were found at his eatery’s building.

Wall Street Takes Car Parts Seller’s Stock for Spin

AUTOMOTIVE: Shares of U.S. Auto Parts rise after investors back subsidiary.

Outside parties’ investment in struggling subsidiary revs up shares of U.S. Auto Parts Network.

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Manufacturer of Hydrogen Trucks Fails to Deliver

Trucking: Vision rolls into bankruptcy after burning through millions in grants.

Hydrogen-truck maker Vision Industries steers into bankruptcy after reaping millions from public agencies.

Architecture Firms Have Designs on Bustling China

Planning: Growing middle class feeds demand for cities, entertainment.

Architecture and design firms add growing Chinese market to their business blueprint.

Newspaper Looks to Turn Page With Digital Plans

MEDIA: LA Weekly moves on mobile to bring more online readers into fold.

LA Weekly hopes to get better read on audience with revamped website, mobile approach.

Entertainment Search Engine Finds Way to Series A

INTERNET: MediaHound adds social component to perusing online retailers.

Tech startups in Los Angeles are figuring out ways to help consumers navigate the increasingly fractured world of media consumption.

News of the Week

Last week’s major news from labusinessjournal.com and other sources

Former casino executive and media novice Richard Mirman has been named interim publisher and chief executive of the Orange County Register, taking over for Aaron Kushner, who will remain principal owner and chief executive of the paper’s parent company, Freedom Communications Inc. Mirman held several executive marketing roles at Harrah’s Entertainment in Las Vegas.

calendar

Upcoming local events.

conventions

Upcoming local conventions.

Union’s Bad Medicine

The financially sick Daughters of Charity Health System could get well with a merger, writes Charles Crumpley, but a union doesn’t want that to happen.

Game Changer?

West Hollywood’s NCompass International is among the firms looking to turn video-game competitions into live sporting events. So the Business Journal asks:

Would you sit in an arena and watch people play video games?

High and Dry

State’s $7.5 billion water bond bill will deliver long-term debt, few infrastructure improvements.

State bond bill will soak taxpayers and do little to improve infrastructure, Adrian Moore and Lance Christensen warn.

Locals Must Shore Up Beach Town Businesses

Eric C. Pritz wants to launch a local wave of support for beach towns’ small businesses.

Getting Second Look

Former defense, aerospace hub El Segundo launches projects to land tenants priced out of Silicon Beach.

One-time aerospace and defense hub El Segundo looks to take wing by connecting with tech firms

El Segundo Means Business in Pursuing Diversity

By BETHANY FIRNHABER Staff Reporter For a small city, El Segundo is home to an impressive roster of big businesses. Aside from Chevron Corp.’s operation and all the major aerospace and defense compan

City’s marketing push homes in on smaller, more diverse company base.

Real Estate Quarterly: Large Westside Deals Help Maintain Recovery Pace

Much like the unrelenting sun that baked its concrete streets, Los Angeles County’s office market was hot last quarter.

Real Estate Quarterly: Landlords Increase Rents Despite Lack of Interest From Outside

The buzz around downtown Los Angeles might be hot, but the office market was just lukewarm last quarter.

Real Estate Quarterly: Developers Anxious to Add Projects to Already Bustling Market

Action in Hollywood during the third quarter might have further emboldened developers, who have already made it the submarket with the most new office space under construction.