Los Angeles Business Journal


Horse-Race Vets Dial In on Phones

YouBet.com co-founders roll dice on offering bettors mobile gambling platform.

B Spot puts its money on bringing together horse-race betting with mobile gaming.

Needing Break From Vacation

For years, Nicole Pollard Bayme has taken vacation advice from a close friend. But a recent trip to Nicaragua was enough to make her reconsider.

Regional Report

News and notes from communities across Los Angeles County

National Technical Systems Inc., a Calabasas company that provides testing and engineering services for the aerospace, defense and transportation industries, has acquired Trace Laboratories, a Baltimore company that provides product and technology testing services.

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Making Play

VIDEO GAMES: South Korean developer Com2uS sets up office in El Segundo to score customers for its titles in United States.

South Korean developer Com2uS has launched an L.A. outpost to score a U.S. fan base for its titles.

Medbox Shares Go Higher as Founder Deals Stake

MARIJUANA: Mehdizadeh sells control of dispensing firm for $10 million.

Founder and temporary pot billionaire P. Vincent Mehdizadeh sells a controlling stake in Medbox.

PacWest Pays Premium for Bank’s Cheap Deposits

BANKING: Analysts see PacWest’s bid for Square 1 as play for low-interest cash.

Analysts see PacWest securing its loan business through its move to acquire Square 1.

Philly Transplant High on L.A.’s Pot Businesses

MARIJUANA: Founder of Kind Financial sees green in banks’ shyness in sector.

Kind Financial looks to become buds with pot businesses as banks remain wary of the industry.

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Shopping Site Looks to Bottle Up Prescriptions

INTERNET: GoodRx teams with 4D to reach corporate customers, health plans.

GoodRx hopes to fill patients’ prescription needs with its comparison-shopping website.

Tablet Maker On Board With Ridesharing Service

TECHNOLOGY: Fuhu puts Nabi devices in Uber cars to rev up awareness, sales.

Fuhu aims to drive sales of its Nabi tablet through a new partnership with ridesharing service Uber.

Security Company to Set Up USC as Safety School

EDUCATION: Armorway developed patents through project at university.

A Santa Monica tech company focused on security and birthed at USC has now locked up the school as a customer.

Digital Media Firm Gets Creative With Pickups

MARKETING: Zealot says two acquisitions will boost content-creation business.

Venice digital media company Zealot Networks has been on a shopping spree this year.

Business Groups Rack Up Victories at Ballot Box

POLITICS: L.A. Chamber’s endorsements for measures, candidates go 13-2.

Local business groups fared pretty well by backing the winners in last week’s municipal elections.

Firm Seeks Bigger Share of Unfair Practices Business

EXPANSION: Partner with Carothers DiSante makes no secret of interest in sector.

When Dan Forman joined labor and employment law firm Carothers DiSante & Freudenberger nearly six years ago, about 40 percent of his workload was composed of cases involving the misappropriation of trade secrets and allegations of unfair business practices.

News of the Week

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

Music and movie mogul David Geffen has donated $100 million to New York’s Lincoln Center for the Performing Arts.


Calendar of events


Upcoming conventions

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Downtown Has Right R/x for Pharmacy Chain

LEASE: CVS signs up as sole tenant in shop across from Whole Foods.

CVS Health Corp. is looking to cash in on the foot traffic expected from the much anticipated arrival later this year of downtown’s first Whole Foods market.

Tech Pop 2.0 Bubbling Up?

As talk of a possible pop in a tech bubble intensifies, Charles Crumpley frets about the fate of Silicon Beach.

Miss(ing) Manners

Common courtesy from companies in regards to communication often goes MIA during job hunts.

Victoria Thomas laments how uncommon courtesy has become during job hunts.

Public Pensions Piling Up

Politicians must heed the public and pull back on pensions, warns Adrian Moore.

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Public Broadcaster Flips To Veteran of Youth TV

ENTERTAINMENT: New chief Michael Riley talks KCET’s big picture.

Talk about tough challenges. Michael Riley, the new president of public broadcaster KCET (Channel 28), is tasked with turning around the financially ailing and ratings-troubled L.A. TV station.

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Situation Looking Up for Buyers of Mountaintop

REAL ESTATE: Court ruling may clear way for megamansions at site.

Court ruling has co-owners high on the development prospects for their billion-dollar mountaintop property.

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Business Group Walks on Wage

POLITICS: Organization bucks peers’ unity against pay hike.

Los Angeles Business Council works against other business groups with its support of a minimum-wage hike.

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New Age Hits For Toymakers

MANUFACTURING: Jakks, Mattel to grow up for gamers.

Toymakers Jakks and Mattel aim to tap video games to gain a virtual edge with aging customers.

Designer Plays With Office Layout

Todd van der Kruik tapped video games for Arcade Legend carpet.

Carpet maker Bentley Mills pieced together the design for its Arcade Legend tiles from video games.

Far, Far Away Now Means Santa Monica

Director of ‘Star Wars’ at home with far-flung production of sequel.

JJ Abrams tapped technology to guide the global postproduction of his “Star Wars” sequel from Santa Monica.