Los Angeles Business Journal

LABJ WEEKLY EDITION

Time to Go

With its longtime offices on the market and ripe for redevelopment, it’s time for the Times to look for new digs.

Working Without Borders

Government officials must do more to help U.S. companies connect with overseas entrepreneurs, employees.

U.S. officials must do more to attract and keep talented foreign employees, write Lina Chen and Cody Simms.

NFL Team Easy to Score, Hard to Keep

The history of the Rams includes quite a few hometowns, points out Ted Lux.

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Desert Projects Sweat Election

POLITICS: Businesses want OKs before new presidency.

Companies behind two Mojave projects fear getting sandbagged by change in White House.

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Restaurant Chain Pushes on Prices

DINING: Lemonade sees bigger bills helping to feed expansion.

Investor Butterfly Enterprises is helping get fast-casual chain Lemonade’s expansion up to speed.

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Snapped Up

REAL ESTATE: Snapchat’s network expands to keep pace with message app’s growth.

Snapchat’s plethora of Silicon Beach leases speaks to the messaging app’s continued growth and success.

Peers Honor Newspaper With Gold

Business Journal takes top honor at regional publication conference.

Alliance of Area Business Publications salutes Business Journal and its sister publication with top honors.

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High School Entrepreneur Quick Study

Student’s phone repair venture earns award from Ernst & Young.

High schooler Matthew Sarreshtehdari has found an early calling with his phone repair business.

Lawyer Books Side Gig

Kendall Brill & Kelly partner Bert Deixler, like all successful attorneys, is well aware that part of the job is connecting with clients and finding ways to put them at ease.

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

PETS: CatConLA to take nip at stigma of felines and people who love them.

It’s no secret that cats rule the internet. Now they’re about to take over downtown.

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Whole New Ball Game

Auto racing vet Gillian Zucker now works to help NBA’s Clippers turn corner

Gillian Zucker talks furthering the Los Angeles Clippers’ net gains under owner Steve Ballmer.

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Rising Stream of Visitors Buoys River Businesses

DEVELOPMENT: Frogtown ventures hope to get area hopping as new hot spot.

Frogtown businesses hope to ride a rising tide of visitors to the Los Angeles River neighborhood.

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Studio May Finally Call Action on Facility Plan

ENTERTAINMENT: City of L.A. could soon sign off on Paramount upgrades.

Paramount Pictures’ next big production could be the long-planned overhaul of its studio facility.

Long Beach Fails to Make Splash With Properties

REAL ESTATE: City-owned buildings sit empty despite tight industrial market.

Four city-owned industrial properties have proved a tough sell for Long Beach.

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Newspaper Parent Hopes Changed Name Delivers

PUBLISHING: Switch by Tribune to Tronc raises some analysts’ eyebrows.

Los Angeles Times parent Tribune Publishing Co. officially will change its name to Tronc on June 20 and start trading on the Nasdaq that same day as “TRNC.”

Angels Flight Railway Gets Back on Track Online

TECHNOLOGY: Esotouric offers 3-D rides as actual funicular remains idle.

The Angels Flight funicular, billed as the shortest railway in the world, might be out of commission, but there’s a new way for enthusiasts to get their Angels Flight fix without leaving their computer.

Some Business Groups On Board With Transit Tax

POLITICS: Infrastructure improvement generates support from L.A. trio.

Local business groups appear split on whether to support a permanent half-cent sales tax hike for transportation projects that the Los Angeles County Metropolitan Transportation Authority is looking to place on the November ballot.

Real Estate Firm Pays $200 Million to Move Into Arts District

One Santa Fe, a sprawling 500,000-square-foot apartment community in the Arts District, has been purchased by Boston real estate firm Berkshire Group in a deal valued at approximately $200 million.

Calendar

Calendar of events

Conventions

Upcoming conventions

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Former Insurance Building to Get More Creative

SALE: Property acquired for $15.2 million in 2012 goes for $80 million-plus.

The Title Insurance Building downtown has been sold to Rising Realty Partners and Lionstone Investments in a deal valued at between $80 million and $88 million, or $250 to $275 a square foot.

Guns, Responsibility and Liability

It’s time to require gun owners to carry liability insurance.

Recent Ruling Might Have Cued Up Music Suits

COPYRIGHT: Ed Sheeran, Justin Bieber cases follow ‘Blurred Lines’ verdict.

Lawyers for high-profile musicians are singing a less than cheery tune after lawsuits targeting pop stars Justin Bieber and Ed Sheeran over alleged copyright violations were filed in recent weeks.

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Labor Group Wonders How Bus Contract Fares

TRANSIT: Coalition fights for answers on how many jobs Metro deal created.

A local labor and civil rights group is asking the Los Angeles County Metropolitan Transportation Authority to prove that a $500 million contract it signed with a Canadian manufacturing firm is in fact creating jobs in the region and elsewhere.

Neighbor Shells Out $200 Million to Hop Into Playboy Mansion

The Playboy Mansion has received some neighborly love.

Oprah Winfrey Expands Network Role by Acting

TV: Talk-show titan to star in ‘Greenleaf’ as her OWN beefs up scripted fare.

Oprah Winfrey is returning to TV to act in a new drama series produced by her West Hollywood-based Oprah Winfrey Network.