Los Angeles Business Journal

LABJ WEEKLY EDITION

Pot Firm High On Nasdaq Bid

Medbox changes up its board and pot business as it looks to build buzz for a jump to Nasdaq.

By Marni Usheroff December 22, 2014 midnight   $$ Share

Year in Review 2014

Special Report

Biomed Project Gets New Life

DEVELOPMENT: Supervisor switch may power up park plan.

New Eastside county supervisor may provide a shot in the arm for biomedical park project.

Bar Brushes Off Painting Claim

NIGHTLIFE: Ex-worker frames portrait as gift from Liz Taylor.

Former Abbey employee says he can’t picture how the bar has claims on his portrait of Elizabeth Taylor.

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Games Run Up Scores for Movies

ENTERTAINMENT: Studios see mobile tie-ins giving films legs.

Studios look to mobile games tied to movies to push the right buttons with fans.

Producer Stands on Ceremonies

FiveCurrents steps up to stage opening event for Special Olympics.

FiveCurrents will work to keep 10,000 participants on track during the Special Olympics’ opening ceremony.

Cleaner Has Solution To Cut Waste

Replenish Bottling eyes repeated success with resuable product.

Replenish Bottling looks to mix it up with cleaning products that use refillable concentrate.

Star a Deal at Any Price

Filming the new low-budget movie “The Humbling” turned out to be a humbling experience for movie superstar Al Pacino.

Regional Report

News and notes from communities across Los Angeles County

Cydcor Inc., an outsourced sales operation company, has moved from Westlake Village to Agoura Hills.

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Beefing Up

FOOD: Premier Meat sees any additional business from launch of consumer-targeted Internet sales venture as gravy.

Premier Meat Co. looks to prove its chops by expanding into online sales.

Drug Maker’s Focus Proves Right R/x for Investors

BIOTECH: Xencor’s stock rises as interest increases in company’s research field.

Shares of Xencor get a healthy boost from Wall Street interest in the drug developer’s focus.

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Property Buyers Wrap Up Hefty Year-End Deals

REAL ESTATE: $160 million hotel purchase among rush of pickups to close out 2014.

Investors close out the year with a bang and some of the biggest deals of 2014.

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Hotels Say Wage Law Works in Favor of Labor

HOSPITALITY: Groups claim union exemption undercuts bargaining by businesses.

Hotel owners say a city of L.A. wage ordinance makes too much room for union organizing.

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Disneyland Looks to Ride Instagram Popularity

INTERNET: Park charges MomentFeed with turning photos into boon for brand.

Disneyland visitors’ Instagram photos have given the park an e-ticket to an e-marketing opportunity.

Pair of Suspects Arrested, Charged in ATM Scheme

INVESTMENT: Executives at NASI accused of selling machines that did not exist.

Federal prosecutors arrest and charge pair of executives in ATM Ponzi scheme.

Builder Scores Big Payout From Las Vegas Project

CONSTRUCTION: Tutor Perini scores $190 million for halted MGM hotel.

Investors put their money on Tutor Perini after firm reaches settlement on ill-fated Las Vegas project.

Accelerator Hits Brakes on Office Space Expense

INVESTMENT: Launchpad moves into spending more on programs, events.

Santa Monica tech accelerator Launchpad LA has officially ditched its office space at 1520 Second St. as part of its shift to a model emulating the country’s top accelerator, Mountain View’s Y Combinator.

Attorney Get His Fill of Work at Doughnut Shops

EMPLOYMENT: Rich Reinis on to second firm after life as Kripsy Kreme franchisee.

After decades of practicing law, Rich Reinis felt something was missing.

News of the Week

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

Dov Charney was officially fired from American Apparel Inc., and this time for good, after an internal investigation found he violated the terms of his employment agreement. T

calendar

Upcoming local events.

conventions

Upcoming local conventions.

Special Report 2014 Year in Review timeline

A look at some of L.A.’s biggest business stories.

From speculation about a pro football stadium in Inglewood to Sony’s ‘Interview’ saga, the Business Journal clocks in with 2014’s biggest stories.

Toymaker Game to Consolidate in Santa Monica

LEASE: Jakks Pacific takes 65,000 square feet in deal valued at $31 million.

Toymaker Jakks Pacific Inc. will move next year from its perch overlooking the Pacific Ocean in Malibu to a building about three miles inland in Santa Monica.

Emergency Care for Hospital Deal

Nurse Jackye Gammage-Rogers urges labor union to check out of Daughters of Charity Health System hospital deal.

Worth A Look?

Some local Internet advertising companies are taking steps to verify the effectiveness of their ads after news that a company generated cash by creating fraudulent hits on its sites.

How effective are online ads?

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Chef Missing Ingredient at Eateries

DINING: Ex-partner stews over David Myers’ exit to new venture.

Ex-partner has turned up the legal heat on David Myers and the celebrity chef’s new overseas focus.