Los Angeles Business Journal


New Megabank Likely Won’t Be Big on Change

CIT and OneWest executives say they will bank on staying the course now that the institutions have merged.

Bra Vendor Stretches Out To Third Shop

Jenette Goldstein says West L.A. store better fit for curvy clientele.

Bra dealer Jenette Goldstein hopes to widen her role as a bosom buddy to buxom women by opening a third shop.

French Alps Work for Him

For the next couple of weeks, Paul Grossman plans to start his workday around 6 p.m.

Channel For Children Plots Growth

BabyFirst TV takes steps into apps, games, other products.

BabyFirst TV looks to channel its educational kids’ fare into apps, games and other products.

Regional Report

News and notes from communities across Los Angeles County

West L.A.’s California Cryobank Stem Cell Services, a provider of cord blood and tissue services that does business as FamilyCord, has purchased Stamford, Conn.’s Lifeline Cryogenics, which primarily services the New York tristate area.

Investors Like Medical Staff Manager’s Prognosis

HEALTH CARE: IPC stock soars from Team Health’s $1.6 billion acquisition bid.

IPC investors got a big shot in the arm from news of Team Health’s $1.6 billion acquisition bid.

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Stretching Out

Jeans maker Lucky Brand looks to fashion comeback with more shops, product lines.

Lucky Brand plans to add stores and products to help sew up a future beyond denim’s waning draw.

Remittances on Line in Cross-Border Crackdown

BANKING: Institutions say industry rules will squeeze customers, not drug cartels.

Execs say it will be ordinary customers, not drug cartels, who will pay for cross-border remittance restrictions.

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Hotel Buyers Have No Reservations About Suburbs

REAL ESTATE: Outlying properties draw attention as urban, beach prices soar.

Hotel projects check in to suburbs as prices soar in city center and beach markets.

New York Snob Wings Way Back to City of Angels

FILM: Woody Allen to shoot first scenes in L.A. since 1977’s ‘Annie Hall.’

Woody Allen is decidedly not a fan of Los Angeles.

Long Beach Chamber Wants Say in Pay-Raise Push

GOVERNMENT: Helping small businesses cope with increase among concerns.

Recognizing that Long Beach elected officials will likely enact an increase in the minimum wage in coming months, the Long Beach Area Chamber of Commerce is hoping to negotiate a deal that would make a raise more palatable to businesses in the city rather than opposing a wage hike outright.

Firm Increases Exposure to Insurance Coverage

EXPANSION: Liner pulls in field veteran Kirk Pasich to lead new practice group.

Stuart Liner decided five years ago that he needed to bolster the insurance coverage practice group at his eponymous Westwood law firm.

Video Producer to Expand Focus With Live Shows

ENTERTAINMENT: First tour from Fullscreen will showcase female stars.

At last month’s VidCon, an annual convention focused on online video, thousands of teenage fans, mostly girls, descended on the Anaheim Convention Center to see their favorite YouTube personalities in the flesh.


Calendar of events


Upcoming conventions

Office Buyer Gets Even More Creative in South Bay

ACQUISITION: Tishman Speyer pays $45 million for El Segundo conversion.

After getting a taste of the creative office market in Playa Vista, New York real estate firm Tishman Speyer set its sights on the blossoming market in El Segundo.

Coming Clean on Energy Costs

Charles Crumpley is shocked by California’s electricity rates, which seem destined to charge even higher.

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Car Shopping Site Holds Camp to Rev Up Workers

INTERNET: Edmunds.com joins trend of firms using social events to stir staff.

Car shopping site Edmunds.com runs in-office camp to light fire under worker engagement and morale.

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Worth the Trouble?

TECHNOLOGY: Service Technologies takes on companies’ complaint process to speed resolution, refunds for customers.

Service Technologies says its software helps crack the code of companies’ complaint processes.

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Fake Beef Firm Plants Products

FOOD: Beyond Meat signs up partners to serve vegan items.

Beyond Meat has teamed with vegan product firms to beef up interest in its plant-based substitutes.

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Disney Placed Hype on Hold

ENTERTAINMENT: Its D23 gets big events, not Comic-Con.

Disney held back at Comic-Con to cast its D23 as the star event to spotlight its properties.

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Medical Firms Sold on Stores

Medical businesses hope to have more in store for patients by opening clinics at retail centers.

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Taste Test

Mikawaya taps tortilla veteran to push Japanese treat

Maker of mochi ice cream Mikawaya hires tortilla veteran to roll up more sales.

‘Mad Men’ Nostalgia Already Here

ScreenBid to auction collectibles from show about ’60s ad execs.

ScreenBid hopes its “Mad Men” memorabilia sale holds lots of interest with fans of the TV show.

PR Vet Saw Future In Tea Leaves

Ami Bhansali looks to brew up new career with Chai Diaries.

Ami Bhansali finds herself back in hot water after formerly passing on the family business.

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Law Firm Rules in Favor Of Speakeasy

O’Melveny & Myers’ office bar makes case as permanent fixture.

O’Melveny & Myers looks to raise the bar after hours with its office speakeasy.