Los Angeles Business Journal


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Wait for Psychiatrists Can Test Patients

HEALTH CARE: Some doctors won’t accept Obamacare fees.

Surge in those insured by Obamacare can test psychiatrists’ patience because they must provide services at low prices.

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Groups in Play For Music Show

Ricky Martin, Univision cue up boy-band hunt for Spanish-speaking viewers.

Pop star Ricky Martin is using a group effort to revive singing shows by producing a boy-band competition.

New Wine Wave Arrives in Malibu

Béatrice Cointreau looks to shore up SoCal’s market with vineyard by beach.

French vintner Béatrice Cointreau has put roots down in Malibu with her Admirable Family Vineyards.

Exec Proves Pedal Mettle

Terrell Mathews had never ridden a bicycle more than a couple of miles at a time – on flat ground while riding a beach cruiser, no less.

Regional Report

News and notes from communities across Los Angeles County

ParkMe, a Santa Monica parking services firm, has been acquired by Inrix Inc., a Kirkland, Wash., provider of real-time traffic information and driving service.

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Door Still Open?

REAL ESTATE: Apartment owner Admire Hill steps back from condo conversion project despite downtown L.A.’s demand.

Owner of downtown L.A. apartment property suddenly hesitates to move into condo conversion.

Investors Fear Licensing Firm Will Miss Target

FASHION: Giant retailer’s plan to ax branded line cuts into Cherokee’s stock.

Cherokee’s shares tumble upon news that retailer Target will end the shelf life of the licenser’s branded line.

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Institute to Add Cultural Center, $1 Million Prize

NONPROFIT: New projects follow Nicolas Berggruen’s focus on governance.

Nicolas Berggruen discusses how his institute’s focus on governance guided him to establish a new center and $1 million prize.

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Earnings Report Lights Fire Under Java Maker

COFFEE: Farmer Bros. sees shares climb after quarter’s numbers top expectations.

Farmer Bros.’ cup runneth over on Wall Street after its quarterly earnings beat analysts’ expectations.

New Television Age Finds Time for Older Actresses

ENTERTAINMENT: Movie stars play increased role in channels’ content plans.

Older film actresses find new life on the small screen as the market for original content continues to mature.

Discount Market Chain Bags 14 SoCal Locations

GROCERY: Sites shuttered by other companies offer business room to expand.

Grocers like Haggen Inc. might have had a tough time expanding into Los Angeles, but Emeryville chain Grocery Outlet Bargain Market hopes to be a mainstay.

Shareholder’s Online Tool Looked Good on Paper

INTERNET: Eugene Ryu’s document platform added by Littler Mendelson.

Labor and employment law firm Littler Mendelson this month unveiled a new online tool designed to provide California employers with ready-made template documents to expedite some of the legal paperwork businesses are often required to complete.

Sons Follow Leading-Man Dad Into Show Business

TV: Actor Rob Lowe says he’d prefer boys to cast their lots in law, medicine.

Not every parent wants their children to follow them into the family business, and screen star Rob Lowe said that he did all he could to direct his two sons away from acting.

Papers’ Parent Hopes LA.com Clicks as Sales Item

INTERNET: Broker believes Digital Media could pull in more than $4 million.

If you’ve ever wanted to own a piece of Los Angeles, now’s your chance to buy the name – online anyway.

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Firms such as AST Defeasance expect to see business climb when Fed finally hikes rates.

Federal Reserve’s interest-rate boost, when it comes, could put businesses such as AST Defeasance in the money.


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Upcoming conventions

Portfolio Brings Together Big Distribution Centers

LISTING: L.A. properties could push value of deal beyond $250 million.

Albertsons Cos. Inc. has put two huge Los Angeles County distribution centers up for sale.

Should’ve Left Markets Alone

The FTC’s weird obsession with phantom monopolies caused the Haggen grocery disaster, Charles Crumpley opines.

No Reason to Curb Street Vendors

City of Los Angeles should relent in its crackdown on family-minded entrepreneurs while issue decided.

Joaquin Montes-Huerta and Alvaro Huerta want Los Angeles to give street vendors their space.

Climate Summit Highlights State’s Peak Performance

A recent climate summit in California highlights how the state helped put the issue on the map, writes Ted Craver.

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Filling Vacuum

Hyperloop firms take different funding paths

Elon Musk’s proposal for hyperloop travel has two local firms heading down different roads to funding.

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Pushing Buttons

Super League Gaming scores partnerships with theaters to host video-game matches.

Super League Gaming partners with theaters to raise the curtain on its video-game competitions.

Refinery Blast Costs Californians $3 Billion ... So Far

GAS: Prices at pump stay up as ExxonMobil plant stays down.

ExxonMobil’s restricted refinery has only fueled local pain at the pumps from California’s towering prices.

Papers’ Values Folding Fast

MEDIA: Tribune Publishing worth a fraction of BuzzFeed.

Print not so fine as firing of Los Angeles Times’ CEO points to problems at paper’s parent and with industry.

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Crowd Service Gets In on Act

PUBLICITY: Firm beefs up events, egos with paid players.

Crowds on Demand has found real support as a third-party provider of actors to portray picketers and backers of political causes.