Los Angeles Business Journal


Speech Not Trumped

Republican communications strategist and consultant Richard Grenell had an unenviable task at the recent state GOP convention in Burlingame: speaking immediately after Donald Trump.

A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

TRANSPORTATION: Expo Line opening; property values rise along route.

Owning the Place

Fight to put location data firm Factual on map has included $1 million battle with patent troll

Gil Elbaz maps out his plan for data location firm Factual.

House-Call Business Knocked by Some Doctors

HEALTH CARE: Heal says home visits on rise; firm’s cost, treatment questioned.

Heal says its home-visit service is booming, but some doctors offer a second opinion on the business.

Care Provider’s Stock Falls On Poor Prognosis

Investors give shares of Molina a poor diagnosis after the managed care provider’s anemic first quarter.

Will he stay or will he go?

Is Jeffrey Katzenberg going to settle into his role as chairman of Comcast Corp.’s newly created DreamWorks New Media arm or will he seek more autonomy?

Should he stay or should he go? The pros and cons of Jeffrey Katzenberg staying with DreamWorks under NBCUniversal.

Salad Maker May Be Ready to Bowl Over Buyer

FOOD: Sales of Ready Pac could produce deal for equity firm parent H.I.G.

Salad maker Ready Pac might be ready to mix it up with a buyer.

Brand’s Revival Apparent To Furniture Firm’s Heir

RETAIL: Loren Kreiss moves to resurrect family business after bankruptcy.

Back from bankruptcy, old-time Los Angeles furniture brand Kreiss seeks to retake its seat at the table.

Exercise Chain Execs Weigh In on Dry Cleaning

LAUNDRY: Franchisees look to wash away rivals with $1.99 price point.

Franchisees of local Planet Fitness locations hope to muscle in to dry cleaning at a $1.99 price point.

Hotel’s Dining Permit Drama Tough To Swallow

DINING: L’Ermitage owners forced to digest stalled restaurant opening.

Dealing with a city bureaucracy is rarely easy for any business, but the ordeal of the owners of the Viceroy L’Ermitage Hotel in Beverly Hills in recent weeks really stands out.

Bank Goes With South Bay for L.A. Beachhead

EXPANSION: Livingstone Partners likes image from Manhattan Beach outpost.

Though the majority of L.A.’s investment banks are in downtown Los Angeles or on the Westside, Livingstone Partners has set up shop by the surf in the South Bay.

China Proves Hot Market for Solar Power Firm

ENERGY: SolarReserve’s plants turn up heat with potential $4.5 billion deal.

China is hungry for power – of the solar variety.

Finance Firm Gets Line On Internet Company at Discounted Price

Six months after being spurned, B. Riley Financial Inc. finally got a “yes” from acquisition target United Online Inc. – even after knocking $15 million off the asking price.


Calendar of events


Upcoming conventions

Bid for Silicon Beach Overflow Spurs Office Sale

INVESTMENT: Culver City office complex trades for $65 million; rehab planned.

Can’t get your business into Playa Vista or Santa Monica? Tim Lee is hoping you’ll turn to Culver City instead.

City on the Hill

The Berggruen Institute’s effort to put Los Angeles on the intellectual map.

Fast Lane to Future

Angelenos have local advantage of dense population helping propel region into developing industries.

Michael H. Kelly and Kevin Klowden see L.A.’s dense population as an advantage in pioneering new industries.

Los Angeles Well-Positioned for China Relations

Peter Shiao believes Los Angeles is in a good place when it comes to building a China relationship.

Ticket Vendor Expands View

INTERNET: Fandango grows stake in moviegoing process.

Online ticket vendor Fandango has picked up businesses to recast itself in a bigger role in the moviegoing experience.

Partners Aim to Clean Up With Toxic Properties

DEVELOPMENT: Duo bets on sites despite risky ground game.

Matthew Winefield and Reid Breitman pursue healthy returns by cleaning up toxic properties.

MBAs Mean Good Money

FINANCE: Dwindling talent pool drives up compensation.

Local firms are investing more effort in securing hires from a shrinking pool of talent.

Payout Pause

Insurer delays can prove costly for businesses

Some businesses face a run-up in costs from carrier-caused delays during the handling of claims.

Movie Nights Focus in on Cost Control

Operators of outdoor screenings see rise in audiences, expenses.

Cost control now plays a lead role for operators of outdoor screenings as their movie nights reel in crowds.

Emojis Take Shape in App For Realtors

Association pitches symbols as positive signs for real estate.

Realty association hopes to get industry in good shapes with new line of emojis.

Angling for Movie Credits

Fraser Heston, chief executive of Agamemnon Films, has long enjoyed rock climbing, mountaineering, sailing, and scuba diving. But the more leisurely pursuit of fly fishing is his true love.