Los Angeles Business Journal

LABJ WEEKLY EDITION

Phone Scam Disconnects Incubator

TECHNOLOGY: Be Great founder hit with $150 million judgment.

Things not ending well for incubator Be Great after founder hit with $150 million judgment in phone scam.

Event Space Takes Wing For Designers

MotoArt raises bar with new side business at furniture factory.

Furniture maker MotoArt Studios has made room to host events at its funky facility.

Soda Maker Throws Mixer Into Mix

Zevia sees tonic water as means to extend reach of brand.

Soda company Zevia looks to get business bubbling with its branded tonic water.

Will Dub App Speak To Movie Fans?

MyLingo lets audience listen to foreign audio track via smartphones.

MyLingo cues up foreign-language audio tracks for movies listened to through an audience member’s phone.

Offering Different Look at Haiti

Bryn Mooser’s love for Haiti runs deep.

Regional Report

News and notes from communities across Los Angeles County

Evolve Media, an online publisher in Ladera Heights, has acquired West L.A.’s Total Beauty, a beauty and style website for women that averages 3.5 million views a month.

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Going Distance

health care: Telehealth firms hope to go far by allowing doctors to treat patients remotely using smart devices.

Opus Telehealth leverages smart devices to connect patients with long-distance treatment.

Deal for Drug Maker Gives Sector Shot in Arm

BIOTECH: Puma’s stock among beneficiaries of Pharmacyclics acquisition.

Acquisition deal gets investors blood pumping for sector.

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Still in Play

Former Dodgers owner talks plans for stadium parking lots, other local ventures

Former Los Angeles Dodgers owner Frank McCourt talks about running the L.A. Marathon (as the boss) and fielding more projects here.

Developer Puts Together Own Campus by USC

REAL ESTATE: Jade likely to create student housing; fate of popular bar unsure.

Analysts see property near USC easily making the grade as a student housing project.

Long Beach Groups Draw Line on Rail Yard Project

TRANSPORT: Litigation against proposal by BNSF may hurt Union Pacific plan.

Long Beach-area opposition could wreck two railroads’ plans for yards near the ports.

Princess Diana’s Brother Wants to Make History

FILM: Charles Spencer spins bloody pitch for movie of ancestor King Charles I.

Princess Diana’s brother is looking to break into the movie business.

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Port Venture Looks to Make Inroads on Chassis

SHIPPING: System aims to reduce expense, time of finding, using trailers.

For months, truckers at the local ports had trouble finding enough of the trailers used to haul cargo around the harbor.

Medical Imaging Business Pictures Future in Qatar

DIAGNOSTIC: RadNet picks Arab country for company’s first overseas expansion.

Radnet Inc. has operated medical imaging centers in California, Florida and New Jersey. Now, it’s going to Qatar.

Money Manager Hopes New China Office Pays Off

INVESTMENT: Industrial park in Suzhou tapped for Wilshire Associates outpost.

A lot of Chinese money has come to Los Angeles in recent years. Now, a big local money-management firm is heading east, seeing opportunities in China.

News of the Week

Last week’s major news from labusinessjournal.com and other sources

The PGA will hold this year’s Grand Slam of Golf tournament at Trump National Golf Club in Rancho Palos Verdes after signing a deal with the course this week.

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SPECIAL REPORT: John C. Cushman III: Building Momentum

Drive for dealmaking a badge of honor for exec known for long hours, support of Scouting.

Real estate executive John Cushman’s diligence has earned him his due as a downtown L.A. dealmaker.

Calendar

Calendar of events

Conventions

Upcoming conventions

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Apartment Buyers Find Rooms in Santa Monica

ACQUISITIONS: Pair of multifamily pickups put power of market on display.

The Santa Monica multifamily market remains hot.

Wage Hike a Step Forward

Raising the minimum wage will help make Los Angeles an easier place to live, says Clifford P. Goldstein.

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Family Feud Could Sink Fishery

FOOD: Sibling fight over business pushes State Fish into Chapter 11.

Siblings’ angling over fishing business after father’s death has capsized State Fish Co.

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Piling It On

OhCal Foods rides acquisition to No. 1 in Subway franchising

Acquisition delivers the Subway franchise crown to OhCal Foods – and potentially a lot more bread.

Jeans Deal Comes Apart at Seams

APPAREL: Failure to integrate Hudson wears hole in Joe’s stock.

Joe’s Jeans has sown discord and stock drama with its slow integration of Hudson Clothing’s operations.

Law Firm Wins Staff on Appeal

Latham & Watkins shows it means business by scooping up most of O’Melveny & Myers’ entertainment unit.

Alterations Shop Sows Big Goal

Stitch sees silver lining in becoming national chain for tailoring services.

Alterations shop Stitch tailors its business for nationwide expansion.