LABJ WEEKLY EDITION
A quarter-century ago, David Henry began his real estate career while living in Dandora, a slum near Nairobi, Kenya.
News and notes from communities across Los Angeles County
Planes Landed: Jet Edge International, a Van Nuys aircraft charter and management company, has added four business jets to its fleet.
TRANSPORTATION: Camp operator now trafficks in buses as Westside congestion forces parents, schools to seek alternatives
Westside traffic drove summer camp operator Erin Benfield to open a school busing business.
Internet: Report of TrueCar retaining pair of investment banks fuels talk.
TrueCar is subject of speculation that it may go public.
Investment: Firm forms joint venture with distressed asset manager.
INVESTMENT: Oaktree makes good on its plan to enter China by forming joint venture to acquire bad loans.
Advertising: Enplug team grows out of live/work setup, expands interactive reach.
Advertising: Formerly mansion-housed Enplug homed in on traditional office space after its digital display business grew.
Internet: Demand looks to domain-name business and new CEO for lift.
Demand Media hopes a new CEO and the spinoff of its domain-name business will supply answers to its revenue problem.
Publishing: All of LANG’s local papers to charge for online access
After years of letting readers view its online news stories for free, the Los Angeles News Group is asking them to pay up.
Investment: Capricor says reverse-merger pickup about product partnership
A Beverly Hills biotech company went public late last month in a reverse merger with a struggling Northern California drug developer, but it won’t tap the public markets anytime soon.
Employment: L.A. office of Hogan Lovells works to restaff after merger
Since Washington’s Hogan & Hartson merged with London’s Lovells in 2010 to form Hogan Lovells, the firm’s L.A. office has struggled to hold on to attorneys, dropping to about 20 at one point from about 50.
Last week’s major news from labusinessjournal.com and other sources
President Obama’s trip to Los Angeles included a tour of Glendale production studio DreamWorks Animation SKG Inc. hosted by Chief Executive Jeffrey Katzenberg, a major campaign donor.
REAL ESTATEL: Boulevard Partners snaps up creative space in off-market deal.
Developers and investors are taking notice as the Arts District in downtown Los Angeles continues to draw the attention of creative people and businesses.
The trend to ever-smaller work spaces has Charles Crumpley feeling pinched.
OP-ED: Fourteen-mile run around eastern part of city offers look at how streets should serve multiple users.
Luis López thinks he sees how multiple-user streets should run while jogging around eastern Los Angeles.
Accounting: Donald R. Rudkin encourages future bean counters to learn how the whole business enchilada works.
Trip to Dallas’ Dealey Plaza lets 5,000 participants ‘experience’ tragedy of JFK’s assassination
History: Dan Harary details his trip to Dallas’ Dealey Plaza for the 50th anniversary of JFK’s assassination.
As a small-business owner and someone who relies on the Postal Service for all of my business shipping and mailing needs, I’m glad that there is finally momentum in Congress to reform the Postal Service.
Lending: High-interest loans to small businesses yield big returns.
Direct Lending Investments is doing well as it buys up high-interest loans made to mom-and-pop businesses.
Internet: Networks offer stars viewership-measuring platforms
YouTube networks are building tech platforms to keep stars happy as part of a new big picture.
Live-tree firm sprouts elsewhere after billionaire buys in
Retail: Living Christmas is growing its tree rental business with a rooting interest from billionaire Mark Cuban.
Health Care: New owner seeks clean break from cash woes.
Addiction and recovery website TheFix seeks a fresh start after a bankruptcy filing.
REAL ESTATE: City core takes some shine from Silicon Beach.
Real Estate: Software firm Daqri’s lease is another sign downtown L.A. is clicking with tech companies.
TV studios get jump on content for 4K sets
TV: Some studios are channeling their efforts into high-quality 4K visuals in hopes of future adoption of the format.
ENERGY: Panels off as installers fight DWP over lease language.
Energy: Some solar panel customers have been left in the cold as installation companies and the L.A. DWP wrangle over lease language.