Los Angeles Business Journal

LABJ WEEKLY EDITION

Immigrant Entrepreneurs: Moving Up in World

Foreign-born business owners discuss L.A.'s appeal, challengesForeign-born business owners talk about how they sowed success by putting down roots in Los Angeles.

March 2, 2015 midnight   $$ Share

Medical Site Alive, Kicking

INTERNET: Ex-partner sues over project reportedly killed.

Ex-partner in medical website checks back in with a big bill, claiming he was told the venture was dead.

Tease photo

Payment App Short on Cash

FINANCE: Virtual Piggy’s fate muddy as reserves dwindle.

Developer of online payment system for kids Virtual Piggy in search of money as cash dwindles.

Tease photo

Buzzworthy?

Jamison gets creative in bid to woo tech firms, boost rep

The daughter of Jamison Properties’ founder looks to connect with L.A.’s tech scene by expanding into creative space.

Venice Mulls BID for Safety

COMMERCE: Violent transient attack may boost call for district.

Venice café owner’s violent loss of a finger may help the funky neighborhood gain a business improvement district.

Buses, Retailers Look for Break

TOURISM: Shops fear drop-off if Beverly Hills relocates stops.

Rodeo Drive businesses fear relocation of tour bus loading zones risks driving off potential customers.

Tease photo

Bread Maker Eyes Roll for Northeast

FOOD: King’s Hawaiian hopes to find sweet spot in new market.

King’s Hawaiian undergoes a sea change in sweet-roll sales strategy as it expands into the Northeast.

Tease photo

Expanding Hollywood’s Small Picture

Arena Cinema makes a little room for indie films, healthy snacks.

Arena Cinema sees a big opening to serve indie movie lovers with its microvenue and healthy snacks.

Dialing Up Power For Smartphones

Nanotech Energy gets line on business with UCLA supercapacitors.

Nanotech Energy looks to ring up sales to smartphone makers with its long-lasting supercapacitors.

Pizza Shop Offers Slice Of Midwest

Former Detroit Lions player looks to tackle market in Los Angeles.

Ex-football pro hopes to score L.A. customers with Midwest-style Happy’s Pizza shop.

Beginners for First Time Again

Samantha Barbera found herself rocking out, again, at the Austin, Texas, music festival South by Southwest last month.

Regional Report

News and notes from communities across Los Angeles County

IPC Healthcare Inc., a North Hollywood-based provider of doctors and nurses to health care facilities, has acquired Geriatrics Associates, an Albuquerque, N.M., provider of doctors to nursing homes and hospices.

Wi-Fi Provider Details Deals to Investors’ Delight

INTERNET: Boingo shares rise after analyst praises strength of revenue sources.

Boingo Wireless’ breakdown of financial details helps the Wi-Fi provider’s shares break out on Wall Street.

Mall Owner Sold on Neighboring Masonic Temple

REAL ESTATE: Rick Caruso plans to refashion property as mixed-use building.

Caruso Affiliated strikes a deal for Glendale’s Masonic Temple, stays mum on tenant plans.

Small Business Administrator Sees Big Role to Play

LENDING: Cabinet member talks jump to private sector, L.A.’s bank consolidation.

Small Business Administration’s Maria Contreras-Sweet discusses how her agency sows seed money.

‘American Idol’ Cues Up Mentor for Record Revival

TV: Fading reality contest turns to Taylor Swift adviser to help scale music charts.

“American Idol” brings in Taylor Swift adviser to tune up record sales for the reality competition’s performers.

‘Lego’ Duo Pieces Together Alternate Project Slate

MOVIES: Writer-directors pass on sequels to pursue range of creative endeavors.

Everything is not awesome for the “Lego Movie” franchise now that the co-directors of the smash hit Warner Bros. film have decided against directing the planned sequels.

Money Manager’s App Declares War on Robots

INVESTMENT: Chief exec of Gerber Kawasaki promises customers real-life advisers.

Gerber Kawasaki Wealth & Investment Management in Santa Monica is the latest money management firm to adopt an automated financial adviser product.

Tease photo

Medical Imaging Firm Likes Look of Sales Deal

DISTRIBUTION: Radlink teams with DePuy Synthes to push implant system.

When Radlink Inc. decided it was ready to make a marketing push for its operating room imaging system, the 26-person El Segundo company enlisted a sales force of 2,400. But it didn’t hire a soul and actually made money in the process.

Shipper Will Box Up HQ, Move to Long Beach

RELOCATION: Nautilus breaks ground on larger facility adjacent to airport.

Nautilus International Holding Corp. is bursting at the seams at its current home in Wilmington, so the stevedoring and terminal management company, which traces its history back more than 150 years, is building a headquarters in Long Beach’s Douglas Park to handle the growth that it expects to come from future acquisitions.

Calendar

Calendar of events

Conventions

Upcoming conventions

Geffen Sells Second Malibu Site to Mani Bros.

INVESTMENT: Price for beachfront multifamily shatters per-unit record.

Billionaire entertainment titan David Geffen and West Hollywood investor Mani Bros. Real Estate Group have continued their Malibu swapathon.

Tips on How to Pay Staff

California should table a proposal to exempt tipped wait staff from minimum-wage hikes, write Claudia Lopez, Estefanie Lopez and Hassan Del Campo Nicholas.

Second-Half Run

Life’s midpoint offers baby boomers opportunity to evaluate, refocus personal, career priorities.

Rod Stewart sees life’s second half as full of promise for baby boomers.

Possible Protections Against Impossible Customers

The impossible customer is a scary possibility for any business, warns Steve McFarland.

Tease photo

Capital Gain?

FINANCE: Local tech executives divided over whether changes to crowdfunding rules will pay off in more money for startups.

Local tech execs are split on whether new crowdfunding rules will link startups with investors.