LABJ WEEKLY EDITION
TV: Producer looks to revive lifeguards for hungry market.
Producer looks to ride wave of Chinese interest in Hollywood with remake of “Baywatch.”
ENERGY: Price hedge can’t buoy BreitBurn in sinking sector.
Price hedge fails to power up shares of oil and gas company BreitBurn.
INTERNET: Industry steps up to track, counter fraudulent views.
Fraudulent ad views spur online publishers and their clients to take another look at how audiences are measured.
Buddytruk hooks up with Whole Foods to deliver more business.
Buddytruk looks to load up on customers by partnering with the Whole Foods grocery chain.
Igoo hopes opening ‘smartlamp’ shop proves bright idea.
Chinese company Igoo hopes Angelenos take a shine to its Bluetooth-enabled “smartlamp.”
Being a new dad to a crying baby can be tough. But Erik Evens and his wife, Robin Lee, found a way to cope when their daughter was born six years ago.
News and notes from communities across Los Angeles County
CallFire Inc., a Santa Monica provider of cloud phone and text services, has acquired FireText, a U.K. text-message marketing firm.
DEVELOPMENT: Company behind high-rise project hopes to move forward with help from state environmental designation.
Mixed-use tower project stands tall against opposition with help from state environmental designation.
TECHNOLOGY: Rapiscan looks to expand system to commercial customers.
Rapiscan hopes for explosive growth by pursuing new customers for its bomb-detection system.
LAW: Evaluator system aims to streamline submission process for potential clients.
Bill Kerbox’s service lets potential clients court attorneys through video submissions.
LENDING: Alex Meruelo to take control of NCAL despite scrutiny over payday loans.
Alex Meruelo further diversifies eclectic portfolio with deal for controlling stake in NCAL Bancorp.
shipping: CEO’s exodus latest setback for falling stock of UTi Worldwide.
Logistics firm UTi Worldwide loses more ground on Wall Street after sales talk goes nowhere.
INTERNET: Fullscreen teams with Qyuki to connect with country’s millennials.
Online video network Fullscreen looks to channel more overseas viewers with Indian partnership.
INTERNET: ChowNow joins with Yelp to drive more orders to restaurant clients.
The menu is getting larger for clients of Venice’s ChowNow, an online ordering system and marketing platform for restaurants.
CONTRACTING: Sector gets less than 1 percent of deals; 25 percent sought.
It’s an embarrassing statistic: In the small-business capital of the nation, less than one half of 1 percent of all Los Angeles County contracts and purchase orders go to small businesses.
Last week’s major news from labusinessjournal.com and other sources
Glendale’s DreamWorks Animation SKG Inc. will soon fill TV screens in 19 Asian territories with Kung Fu Pandas and kindhearted green monsters.
Upcoming local events.
Upcoming local conventions
Investors tired of spinning their wheels in pursuit of returns have turned to packaged securities of auto loans, some even made to the riskiest borrowers.
Hunt for returns drives lenders and investors to portfolios of auto loans, some to subprime borrowers.
Easy credit and low lease rates boost traffic at car dealerships.
LEASE: Uber adds second location in city with deal valued at $28.8 million.
Despite a deluge of bad publicity in recent months, San Francisco ridesharing company Uber Technologies Inc. has decided to put down deeper stakes in Silicon Beach.
Angelenos can expect more traffic and higher rents, Charles Crumpley writes. Also, he pines for the good old days of….Frank McCourt?
As vaping becomes more popular, vendors are facing increased competition and the possibility of government restrictions of the practice. So the Business Journal asks:
Do you think vaping should be banned from public spaces?
Vaping vendors fear city bans could snuff out business
E-cigarette vendors see city restrictions as the biggest threat to snuffing out the smoking sector.
SPORTS: County golf course joins potential stadium sites.
Carson park and golf course could join field of stadium candidates looking to score a pro football team.
ENERGY: California Resources’ stock value in tough state early.
Oil and natural gas producer California Resources Corp. quickly loses ground in its first days of trading.