LABJ WEEKLY EDITION
Grove facilities look to blow lids off rivals in national contest.
Grove hopes to clean up with its washrooms in a national restroom
SeePolitical animates ballot measures to educate voters.
SeePolitical elects to educate voters about ballot issues with animated videos on state propositions.
Mark Robinson knew when he embarked on an African safari this summer with his wife, Pamela, that he’d get to see all kinds of wildlife up close. But the executive director of Cushman & Wakefield’s Century City real estate brokerage never imagined just how close.
News and notes from communities across Los Angeles County
Industrial Acquisition: West L.A.’s Rexford Industrial Realty Inc. has purchased a Chatsworth industrial property for $30.5 million from Irvine’s LBA Realty.
entertainment: Stoopid Buddy Stoodios applies stop-motion animation of TV’s ‘Robot Chicken’ to commercial, film jobs.
Stoopid Buddy Stoodios hopes to make a go of stop-motion animation in commercials and movies
VIDEO GAMES: Activision shares fall despite ‘Destiny’ setting sales record.
Activision Blizzard’s shares slide after “Destiny” title shoots wide of hoped-for first-day sales.
MANUFACTURING: SAS buys new plant, machines to take run at healthy sector.
SAS Textiles sees looming opportunity in making fabric for activewear.
FOOD: Popchips to ditch San Francisco headquarters for Playa Vista building.
San Francisco healthy snack maker Popchips has new Playa Vista headquarters in the bag.
INTERNET: Spark touts staff cuts, board shakeup as means to bolster business.
Dating-site operator Spark Networks cuts staff and revamps board in plan to connect with customers and investors.
MANUFACTURING: Nova looks to add shopping site as it targets Chinese market.
Furniture maker Nova couches future in terms of online sales in China.
SURVEY: Almost one-third of city’s tech companies self-identify as B2B.
Andy Wilson, co-chairman of Innovate Pasadena, has for a while had a hunch that his city was home to a number of tech companies focused on the enterprise market.
Last week’s major news from labusinessjournal.com and other sources
Southwest Airlines has kicked off its $508 million redevelopment of Terminal 1 at Los Angeles International Airport, a modernization project expected to bring in 1,500 construction jobs, according to Los Angeles Mayor Eric Garcetti. T
Lenders compete to help business owners tap dividend recapitalizations for hefty payouts while loading their companies with debt. Once limited, the practice nears record pace.
Bankers take dividend recapitalizations mainstream, letting business owners load up on money while loading their companies with debt.
Dividend recaps come down to number-crunching.
Upcoming calendar of event.
Upcoming local conventions
ACQUISITION: Property aimed at entertainment tenants sells for $22 million.
Burbank Civic Plaza, a Class A office building in the city’s civic center, has sold to a Chinese investment group for $22 million, or about $287 a square foot.
Working at customer service pays off for businesses, writes Steve McFarland.
Austin Beutner, a former venture capitalist and city of L.A. deputy mayor, has taken over the Los Angeles Times as publisher and chief executive. So the Business Journal asks:
Do you believe Austin Beutner can revive the Los Angeles Times?
Aerospace: Winning bid for spacecraft could lift entire sector.
A winning bid by Northrop Grumman to develop a space plane could help the local industry take wing.
finance: New handle offered Cappello new life in court fight.
Investment bank Cappello Capital has gone back to work under a new name after a firm-scuttling lawsuit.
MANUFACTURING: Pair of companies ready for reusable.
Pair of reusable bag makers say they are well positioned to win the sack race if the state adopts a plastic ban.
Ex-banker Austin Beutner turns page as Times chief
Ex-investment banker Austin Beutner now looks to make news as publisher of the Los Angeles Times.
Affordable housing project preserves Fatburger’s first spot.
Affordable housing project made preserving the first Fatburger stand a main ingredient.
Conservation specialist devises index to assess risk for collectors.
Emily MacDonald-Korth’s index system lets collectors frame the value of paintings and other works.
In less than a year, David Fletcher went from being a single guy to married with two children.