Los Angeles Business Journal

LABJ WEEKLY EDITION

Ex-Ballerina Steps Up In CEO Position

Rachel Moore making play for millennials as Music Center chief.

Ex-ballerina Rachel Moore now choreographs the Music Center’s business strategy and $65 million budget.

Lawyer’s Love Not Brief For Lakers Star

Richard Simmons has courted celebrity with his Kobe Bryant signs.

Sign-sporting attorney Richard Simmons made a major case out of his love for Kobe Bryant at Lakers games.

Golden Opportunity Seized at Olympics

Alex Hodges, chief executive of Nederlander Concerts in Hollywood, lucked out on being the more decisive of four brothers – at least when it came to attending the 1996 Summer Olympics in Atlanta.

A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

ENERGY: Breitburn could lose even more ground with readjusted borrowing base.

Mayday! Mayday? May 1 looms large for executives at troubled L.A. oil firm Breitburn Energy Partners.

Weak Tech IPOs May Spur E-Tailer to Weigh Sale

INTERNET: Honest Co.’s investors could see deal as quicker route to profit.

Recent weak performances of tech IPOs could spur personal goods e-tailer Honest Co. to ring up a sale instead.

Life Sciences Group Wants to Live in Los Angeles

BIOTECH: Biocom says its expansion from San Diego won’t crowd local scene.

San Diego’s Biocom sees a healthy opportunity in L.A.’s growing life sciences scene.

Data Attacks Open Up New Cyberspace for Firms

LAW: Range of companies now compete to provide breach protection plans.

Rising risk of cyberattacks for companies has resulted in a virtual boom in business for a range of firms.

Internet Customers Signal Displeasure Over Outages

COMMUNICATION: Switch from Verizon to Frontier leaves some disconnected.

Internet customers are clicked off amid outages following Frontier’s takeover of Verizon’s system.

Sporting Goods Market Might Draw New Players

RETAIL: Big 5 could face teeming L.A. market with shuttering of Sport Chalet.

Sport Chalet’s closure might not end up opening the field that much for rival sporting goods chain Big 5.

AIDS Nonprofit Nursing Development Initiative

POLITICS: Ads running for measure despite refocus on next March’s ballot.

Los Angeles Times subscribers might have noticed little sticky Post-It-size ads on their papers the past couple of weeks, with provocative messages: One had Los Angeles City Hall with a “for sale” sign stamped over it; another with the line “Developer Greed is Choking LA.”

Electric Car Firm Gets Production Site on Road

AUTOMOTIVE: Faraday begins work on facility; vehicle’s debut up in air.

Electric car manufacturer Faraday Future broke ground on its $1 billion factory in North Las Vegas on April 14.

Deal For PR Firm Communicates Need For Range of Skills

West L.A. public relations company S+L Communications has been given a huge leg up in the highly competitive world of marketing and PR.

Calendar

Calendar of events

Conventions

Upcoming conventions

Sizzling Silicon Beach Buoys Westchester Purchase

SALE: $102 million deal reflects upward pressure on neighboring markets.

As Venice and Playa Vista swell with businesses and residents, investors are looking outside those borders to catch the spillover.

Strong Medicine

Los Angeles should be sowing and reaping more from the biotech field.

Trains in Vain?

Ruling on port rail project may spur business to make tracks out of state

Gary Toebben worries that a court ruling against a rail project at the ports will put California on the wrong track with businesses.

Trains in Vain?

Metro’s ‘bold plan’ would hinge on tax haul, ignoring ride options

Metro’s focus on trains kicks other transit options such as buses to the curb, warns John Mirisch.

Brothers Aim to Launch New Families of Products

INVESTMENT: Reums to tap funds from vodka deal to back consumer goods.

Reum brothers look to tap their tech industry experience to charge up consumer goods startups.

Driving Interests in L.A.

Uber’s move to hire vets is part of a broader call of duty.

New Rules on Weighing Cargo Could Pound Ports

SHIPPING: Firms fear delays, higher costs from regulations.

Businesses at the ports scramble to scale up for new regulations on weighing cargo containers.

Strange Mix?

DINING: Bankruptcy unveils ties of Roscoe’s parent to creditors.

Confusing ownership chain serves up a lot of questions in the bankruptcy of Roscoe’s House of Chicken ’n Waffles.

Some Workers May Clock Back In

LABOR: Wage hikes will raise threshhold for salaried staffers.

Wage hikes will also cost some employers by raising the exemption threshold for salaried staff.

Little Taco Chain May Take Crack at Big Time

Pink Taco joins the fold of chain operator Real Mex Restaurants, which may have big plans for the brand.

E-Tailer Hopes ‘Store’ Clicks With VIPs

Revolve looks to turn heads with exclusive promotional space.

Clothing e-tailer Revolve has set up shop exclusively to draw the in-person favor of fashion influencers.

Direction Of Tour Business Not in Doubt

Mystery Trip positions surprise destinations as bonding experiences.

Mystery Trip knows where it’s going when it comes to workplace-bonding expeditions for corporate clients.