Los Angeles Business Journal


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Firms such as AST Defeasance expect to see business climb when Fed finally hikes rates.

Federal Reserve’s interest-rate boost, when it comes, could put businesses such as AST Defeasance in the money.


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Portfolio Brings Together Big Distribution Centers

LISTING: L.A. properties could push value of deal beyond $250 million.

Albertsons Cos. Inc. has put two huge Los Angeles County distribution centers up for sale.

Should’ve Left Markets Alone

The FTC’s weird obsession with phantom monopolies caused the Haggen grocery disaster, Charles Crumpley opines.

No Reason to Curb Street Vendors

City of Los Angeles should relent in its crackdown on family-minded entrepreneurs while issue decided.

Joaquin Montes-Huerta and Alvaro Huerta want Los Angeles to give street vendors their space.

Climate Summit Highlights State’s Peak Performance

A recent climate summit in California highlights how the state helped put the issue on the map, writes Ted Craver.

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Filling Vacuum

Hyperloop firms take different funding paths

Elon Musk’s proposal for hyperloop travel has two local firms heading down different roads to funding.

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Pushing Buttons

Super League Gaming scores partnerships with theaters to host video-game matches.

Super League Gaming partners with theaters to raise the curtain on its video-game competitions.

Refinery Blast Costs Californians $3 Billion ... So Far

GAS: Prices at pump stay up as ExxonMobil plant stays down.

ExxonMobil’s restricted refinery has only fueled local pain at the pumps from California’s towering prices.

Papers’ Values Folding Fast

MEDIA: Tribune Publishing worth a fraction of BuzzFeed.

Print not so fine as firing of Los Angeles Times’ CEO points to problems at paper’s parent and with industry.

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Crowd Service Gets In on Act

PUBLICITY: Firm beefs up events, egos with paid players.

Crowds on Demand has found real support as a third-party provider of actors to portray picketers and backers of political causes.

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Art Sting

Stolen paintings may cost pawnbroker $100,000

Pawnbroker Yossi Dina could be out $100,000 after his brush with some stolen paintings.

Pet Project Turns Into Health Effort

Pretty Litter changes color to help track if feline’s feeling fine.

Carly Martinetti thinks inside box with her colored kitty litter that helps track a cat’s health.

Events Firm Turns Focus To TV’s Night

Sequoia to mark 18th year serving winners, losers at Emmys ball.

Sequoia Productions is game to go beyond its Emmys and Oscars work to score an Olympics gig.

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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.