LABJ WEEKLY EDITION
Upcoming local conventions
LEASE: Social media giant sheds temporary outpost, signs up for five years.
Another major Silicon Valley company is getting serious about Silicon Beach.
Ruben Guerra backs legislation that would let motorists steer the collection of and access to car data.
The city of Los Angeles is considering a proposal to ban fracking while the safety of the practice is researched.
L.A.’s downtown has everything in place to maintain its resurgence except, perhaps, parking.
Parking could be a central issue to reviving L.A.’s city center, writes Robert Cohen.
Los Angeles needs to get to work on job creation, according to Edward E. Leamer and Judy D. Olian.
Stir’s self-adjusting desk raises, lowers for worker comfort.
Stir’s self-adjusting motorized desk aims to level out employee comfort.
Found Animals opens e-commerce site to help pay for adoptions.
Found Animals Foundation unleashes an e-commerce site to help cover cost of adoptions.
Lucid hopes to help industry chill out with its own relaxing brew.
Lucid believes it has relaxation in the bag with its new tea.
Ross Goldberg remembers what his father told him 11 years ago when he asked if he’d join him again on opening day at Dodger Stadium.
ENERGY: Industry sees city of L.A. proposal closing other wells.
Oil companies fear a city of L.A. proposal to halt fracking would spill over to other drilling practices.
REAL ESTATE: Hines to buy major stake in record valuation.
Co-owners of Century Park to shift their stakes in a deal that would yield a record valuation.
INVESTMENT: Firm alleges ex-contractor denting business.
Firm that sells gold to IRAs sues former contractors in a growing but still fringe industry.
Former TV exec weighs into boxing promotion
Former TV syndication exec Michael King looks to ring up dollars and TV deals as a boxing promoter.
News and notes from communities across Los Angeles County
Cinedigm Corp., a Century City film and TV distributor, has closed an underwritten public offering of about 11.7 million shares of Class A common stock.
lending: Hard-money lenders welcome pricey property projects as supply of low-end homes dwindles.
Hard-money financiers move into the high-price home market as the low-end housing pool dries up.
BEVERAGES: Shares of Reed’s fall on widened net loss, dip in working capital.
Drink maker Reed’s loses some of its fizz on Wall Street after a poor annual report.
INTERNET: Plug.dj says money not focus as it seeks to navigate rights issues.
Music streaming service Plug.dj sounds out a revenue model it’s works to get a handle on rights issues.
CLOTHING: Price plunges after American Apparel’s dilutive share offering.
American Apparel stitches together a stock offering as company appears to hang by a thread.
MANUFACTURING: Recent U.K. acquisition expands Pelican’s presence in sector.
Case maker Pelican secures new markets as its government business ebbs.
AEROSPACE: Boeing says deals came quickly for its more efficient products.
Boeing Co. announced last week that it has completed the primary structures of the world’s first pair of all-electric satellites, which are expected to be delivered late this year or early next.
INTERNET: Duo launches website to help customers connect with attorneys.
Michael Chasin and Aaron George were fellow students at Loyola Law School when they took a look at the industry they were about to enter and noticed a problem.
TREATMENT: Keck sees patient volume soar after move closer to L.A. Live.
Hotels and nightlife venues aren’t the only establishments finding success by being near L.A. Live.
Last week’s major news from labusinessjournal.com and other sources
NEW BOSS: Ben Sherwood, who had been president of ABC News since late 2010, was named the next president of Disney/ABC Television Group and co-chairman of Disney Media Networks.
Upcoming local events.
Upcoming local conventions.