Los Angeles Business Journal


Furniture Firm to Make Rooms With Brand Deals

licensing: Amini looks to partnerships to add lines in art, rugs, light fixtures.

It takes more than furniture to make a home feel like a home.

Malibu Voters Put Lock On Retail Chains’ Space

DEVELOPMENT: Pair of projects to move forward despite approved limits.

Development projects in Malibu – already difficult to shepherd through – have just gotten tougher thanks to last week’s passage of Measure R.

News of the Week

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

Tinder’s parent company InterActiveCorp has swiped left on 28-year-old Chief Executive Sean Rad.

Born Again

Restorer of historic properties Ray Adamyk also works to help people in need start over.

Ray Adamyk helps remake history as renovator of iconic properties.


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Upcoming local conventions.

Purchaser Sold on Building’s Retail Potential

ACQUiSITION: Buyer pays $47.3 million for media museum in Beverly Hills.

The Paley Center for Media property sold last week for the highest off-Rodeo Drive price paid for a Beverly Hills retail property since 2007.

Slam Dunk

As the Los Angeles Lakers embark on what is expected to be another sad season, the cable channel that carries the team’s games has beefed up its offerings to draw in fans. So the Business Journal asks

Are you more likely to watch the Lakers or Clippers this year?

Familiar Advantage

Young entrepreneurs could learn from predecessors who made small tweaks to existing businesses.

Bruce Dobb advises young entrepreneurs to avoid square one of starting from scratch and instead buy existing businesses.

Forced Wage Raise Means Job Losses

Arthur F. Rothberg sees minimum-wage raises grounding employers’ hire powers.

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Westwood Match for Dating Site

REAL ESTATE: EHarmony to split up with Santa Monica.

Westwood’s lower rents woo dating site operator eHarmony away from Santa Monica.

Single Has Value For Some Banks

LENDING: Chinese-American sector bucks consolidation trend.

Chinese-American banks prefer to fly solo as consolidation gains ground among other institutions.

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Goods To Go

Online retailer ships away on partial payments

Le Jolie believes it has the goods on low-price online rivals with its partial payment financing policy.

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Foreign Entrepreneurs Click in L.A.

TECHNOLOGY: Tapatalk joins wave rolling into Silicon Beach.

L.A.’s growing scene pushes all the right buttons for foreign-born tech entrepreneurs.

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Web Vendor Aims to Click With Store

Spoiled sees room to grow with chic used clothing for children.

Online retailer of used chic kid’s clothing CeCe Hendriks now styles herself as a brick-and-mortar merchant.

Teenager Sows Career In Apparel

Eighth-grader already sharing knowledge of business world.

Jeremy Koven, 14, has gotten an early jump in fashioning a career out of streetwear.

Surfer Goes for Broke

A surfer for 14 years, MomentFeed Chief Executive Robert Blatt, 54, woke up before dawn about a month and a half ago to hit the waves at Topanga State Beach.

Regional Report

News and notes from communities across Los Angeles County

Edmunds.com, a Santa Monica car-shopping website, has acquired CarCode, its first acquisition.

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Cut Above?

COOKING: Aura Knifeworks hopes pro, amateur chefs come to grips with its blades sporting custom-fit handles.

Aura Knifeworks hopes its pricey cutlery with custom-fit handles makes the cut with chefs.

Investors Back in Sporting Goods Chain’s Camp

RETAIL: Big 5 shares climb after third-quarter numbers beat analysts’ expectations.

Ball bounces Big 5’s way as sporting goods chain beats analysts’ expectations.

Oil-Field Acquisition Fails to Pump Up Investors

ENERGY: Breitburn shares dip but quickly recover amid general sector struggles.

Breitburn quickly climbs out of hole after announcement of oil-field deal sends shares falling.

Pot Services Firm Chooses Board To Generate Buzz

Medbox brings in diverse board to light fire under its plan to move up to Nasdaq.

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Wall Street Glowing Over Deal on Nuclear Plant

ENERGY: Resolution on San Onofre may free Edison to focus on dividends.

Wall Street sees resolution of nuclear power plant’s closure possibly powering up Edison International.

Venture Firm at Home With In-House Businesses

INVESTMENT: Zuma also says ‘studio’ model to offer chance at earlier exits.

New tech-focused capital firms home in on a “studio” model in which business ideas originate in-house.

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Lakers Channel Broadens Focus as Team Drops Ball

TV: Time Warner Cable beefs up offerings as another dreadful season looms.

Time Warner Cable SportsNet turns to a new app and other offerings to court fans of the faltering Lakers.

Pair of UCLA Ventures Dial Up Phone Services

MOBILE: Holomic works on diagnostic reader; ReVolt focuses on dirt charging.

Two groups of entrepreneurs at UCLA are using smartphones to bring key technological advancements to the developing world.