Los Angeles Business Journal

LABJ WEEKLY EDITION

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Luxury Offerings, Chinese Buyers Rev Up Car Sales

Low interest rates and Chinese investors have helped put L.A. dealerships on the road to a record year.

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Doctor Sees House Calls As Right R/x

Renee Magana’s new firm brings service to home or office.

Dr. Renee Magana’s Homemd has checked in with treatment at a patient’s home or office.

Snack Maker Chips In With Healthy Line

Quest Nutrition’s new products offer buyers taste of protein.

Quest Nutrition hopes for healthy returns from its new milk protein-based chips.

Open to Opposing Views

Things got a little uncomfortable at the Los Angeles Area Chamber of Commerce last week.

Regional Report

News and notes from communities across Los Angeles County

Share Repurchase: Entravision Communications Corp., a Santa Monica Spanish-language media company, has approved a $10 million stock repurchase program.

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Retro Draw

ARCHITECTURE: Late Richard Neutra’s former office to serve as museum for L.A.-synonymous style.

Richard Neutra’s son has designs on turning his and his late architect father’s former office into a museum.

Compound Interest Spurs Offer for Chip Maker

TECHNOLOGY: Shares of International Rectifier rise as suitor pursues coating.

German suitor sparks to International Rectifier’s high-voltage product for semiconductor chips.

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Events Firm Makes Time for Temporary Stores

RETAIL: Everwish pitches pop-up shops as chance for designers to meet customers.

Everwish Events believes now’s the time for a business orchestrating temporary pop-up shops.

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Aquifer in Desert Makes Tracks Toward Pipeline

WATER: Government memo bolsters Cadiz’s plan for project along railroad.

Cadiz makes a splash on Wall Street after possibly moving closer to construction of a desert aquifer pipeline.

Could Buyer Refashion Clothing Industry Paper?

MEDIA: Shift into high-end weekly publication possible for Women’s Wear Daily.

New owner Jay Penske may retailor Women’s Wear Daily into a high-end weekly as he did with show-biz trade Variety.

Satellite Provider Wants More Shows in Rotation

TV: DirecTV sees original programming as a way to keep satellite subscribers.

DirecTV Inc. of El Segundo is continuing to ramp up its original programming as the satellite giant tries to keep subscribers.

News of the Week

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

Bain Capital has bought a 50 percent stake in Toms, a Venice shoe company that became famous for its pledge to donate one pair of shoes every time a customer spends money on a pair.

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Upcoming local conventions

Sale Right Medicine for Hospitals

A sale offers the best prognosis for the future of Daughters of Charity hospitals, according to CEO Robert Issai.

Do You Tweet?

As reported in last week’s issue, Kris Sanchez, the 23-year-old behind UberFacts, has turned his millions of Twitter followers into a potentially million-dollar business. So the Business Journal asks:

How Twitter-literate are you?

Downtown L.A. Landmark Gets New Owners

Transaction: Broadway Trade Center bought by pair of New York investors.

The historic Broadway Trade Center building in downtown Los Angeles was sold last week to a pair of New York investors.

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Truckers Seek Break on Cap, Trade

TRUCKING: Industry fears diesel, gasoline prices will spike Jan. 1.

Truckers help drive state lawmakers into revisiting program that would raise fuel prices next year.

Banks Now Seek More of CEOs

LENDING: Longer deals take hold at Koreatown institutions.

Some Koreatown banks have broken with a long tradition of short contracts for CEOs.

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New Ball Game At News Station

RADIO: KFWB turns to sports programming to score listeners.

Former news-focused station KFWB looks to dial up more listeners by switching to an all-sports format.

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Truth Be Told

23-year-old spins tweeted facts into big bucks

UberFacts’ Kris Sanchez has turned his 7 million Twitter followers into a true gold mine.

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Riding Wave In Men’s Grooming

Byrd Hairdo hopes to get surfers on board with pomade line.

Pro surfer Chase Wilson has taken the plunge on water-resistant hair-styling products.

Case Maker Has Luggage In the Bag

Pelican Products looks to secure new market with sturdy approach.

Security case maker Pelican Products has a brand new bag: luggage.

Century City Image, Logo Looking Up

Chamber highlights towering skyline to tout neighborhood.

Century City Chamber of Commerce is high on its new double-skyline logo.

Taking Top Honors After Sub Mission

Mike Margolis drove down to San Diego with his family earlier this month to cheer on his oldest son, 18-year-old James Wu, who was participating in an unusual event: an international robo-sub competition.

Regional Report

News and notes from communities across Los Angeles County

Avalon Laboratories Holding Corp., a Rancho Dominguez maker of catheters and medical tubing products, has been acquired by Nordson Corp., a Westlake, Ohio, parent company of a range of businesses with offices in more than 30 countries.