LABJ WEEKLY EDITION
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.
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.
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.
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.
Cousins Maine to take crack at franchising crustacean business.
Cousins Maine Lobster initiates pincer movement by franchising its food truck business.
For one day last month, Christopher Thornberg was principal at one of Los Angeles Unified School District’s most infamous schools.
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.
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.
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.
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.
Planning: Growing middle class feeds demand for cities, entertainment.
Architecture and design firms add growing Chinese market to their business blueprint.
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.
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.
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.
Upcoming local events.
Upcoming local conventions.
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.
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?
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.
Eric C. Pritz wants to launch a local wave of support for beach towns’ small businesses.
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
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.
Much like the unrelenting sun that baked its concrete streets, Los Angeles County’s office market was hot last quarter.
The buzz around downtown Los Angeles might be hot, but the office market was just lukewarm last quarter.
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.