Los Angeles Business Journal


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Salon Offers Twist For Curly-Haired

I Love Lulu founder draws line against straightening locks.

Salon I Love Lulu spins expanding business out of tending to naturally curly hair.

Little Shot of History for Brother

Shortly after Osama bin Laden was killed, Brad Burlingame, chief executive of Visit West Hollywood, received a small but meaningful gift: a CIA shot glass.

Regional Report

News and notes from communities across Los Angeles County

Water Planet Inc., an Inglewood water treatment company, has concluded a Series B funding round including Paris industrial gas company Air Liquide and UCLA Venture Fund.

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Raising Curtain

Louise Melancon hopes to recast the Crest movie theater as a site for live and streamed events.

Freight Forwarder Loses Ground on Wall Street

SHIPPING: UTi Worldwide sees shares tumble after another weak quarter.

Shares of UTi Worldwide fall as the logistics firm loses its way with investors.

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Filling in Frame

Eli Broad touts new museum as another foundation in buildup of downtown L.A.

This story has been updated from a previous version. Eli Broad frames his new museum as another step in the revitalization of downtown Los Angeles.

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USC Aims to Make Grade With Mixed-Use Project

EDUCATION: President C.L. Max Nikias sees plus for students, South L.A.

C.L. Max Nikias talks how USC’s mixed-use project will break real ground for students and neighbors.

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Shoemaker’s Record Run Now Includes Marathon

FOOTWEAR: Skechers puts name on L.A. event as firm steps away from past flop.

Skechers steps up its profile in the performance shoe market with Los Angeles Marathon sponsorship.

Landlords Fear Zap From Energy-Efficiency Rules

REAL ESTATE: Groups say proposed plan opens door to steep building costs.

A bill that would mandate doubling the energy efficiency of all buildings in the state over the next 15 years might have been overshadowed by a more controversial provision to halve gasoline consumption that was stripped from the bill last week, but it’s ambitious nonetheless.

Nursing Positions Give Job Market Shot in Arm

EMPLOYMENT: Study also finds variety of medical openings across L.A. area.

It’s a good time to be a registered nurse, especially if you like palm trees and sun.

Wealthy Investors Mull Diving Into Water Ventures

INVESTMENT: Some see potential for hefty payoff in coping with drought.

Adequate liquidity has taken on a whole new meaning for many wealthy Angelenos.

Developer Looks to Plant Greenery With Condos

REAL ESTATE: Barry Shy’s projects to help foliage take root in urban setting.

Two things are sorely lacking downtown: greenery and condos.


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Canadians Warm to Downtown L.A. Office Market

ACQUISITION: Two buyers ink deals for center, tower for almost $280 million.

While the industry is abuzz with chatter – and panel discussions – about Asian capital flowing into downtown Los Angeles, other international players are picking up properties, and they don’t have as far to travel.

Troubling Times

Austin Beutner’s dismissal from the Los Angeles Times has Charles Crumpley reading between the lines to figure out why.

Fashioning Comeback

Forget Dov Charney. Reviving American Apparel means holding on to lots of well-paying jobs.

Bruce Dobb offers a tailor-made plan for American Apparel’s recovery that cuts out former CEO Dov Charney.

Fuel Mandates Will Drive Up Costs

Ronald Stein warns that proposed restrictions on fuel could overpower California’s economy.

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Pastor Gets Religion on Outreach Via YouTube

NONPROFIT: One Church’s Toure Roberts taps social media to expand flock.

One Church Los Angeles sees social media as the future for delivering its old-time religion.

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Glass Forges Newest Billionaire

MANUFACTURING: Donald Friese reaps $1.3 billion from deal.

Glass products maker cracks billionaire’s club with sale of his company, CR Laurence.

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Penthouse Condo’s Price Floors Rivals

REAL ESTATE: $50 million sale would set record for L.A. market.

Los Angeles moves into a new condo era with the $50 million price tag for a Four Seasons penthouse.

‘Dot-Law’ Name Still Making Case

Domain-name firm Minds + Machines Group hopes attorneys and law firms judge dot-law a good fit.

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Sunglasses Investor Sees Bright Future

Caleb Garrett says low price point of Hawkers wears well with buyers.

Hawkers’ Caleb Garrett hopes online shoppers give the low-price sunglasses brand a look.

Surfboards To Shore Up Fundraiser

Surfer Greg Noll gives items for auction to benefit cultural center.

Cultural center looks to ride sports history at auction fundraiser with surfboards from legend Greg Noll.

Fit to Be Recognized

When Phillip Maltin agreed to be filmed working out for a P90X video about eight years ago, he never thought he’d become famous.

Regional Report

News and notes from communities across Los Angeles County

The board of Cathay General Bancorp, the downtown L.A. parent of Chinese-American lender Cathay Bank, has approved the repurchase up to 2 million shares of the company’s common stock.