Los Angeles Business Journal

LABJ WEEKLY EDITION

Bathrooms To Battle for Seat of Honor

Grove facilities look to blow lids off rivals in national contest.

Grove hopes to clean up with its washrooms in a national restroom

Videos Cast Propositions As Stars

SeePolitical animates ballot measures to educate voters.

SeePolitical elects to educate voters about ballot issues with animated videos on state propositions.

Law of Jungle in Action

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.

Regional Report

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.

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Making Moves

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

Hyped Sci-Fi Shooter Misses Target for Publisher

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.

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Textiles Firm Sports New Fabrics for Activewear

MANUFACTURING: SAS buys new plant, machines to take run at healthy sector.

SAS Textiles sees looming opportunity in making fabric for activewear.

Healthy Snack Maker Sweet on Southern California

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.

Operator of Dating Sites Woos Wall Street, Users

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.

Furniture Maker to Bring Online Platform to Table

MANUFACTURING: Nova looks to add shopping site as it targets Chinese market.

Furniture maker Nova couches future in terms of online sales in China.

Pasadena Proves Popular As Center of Enterprise

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.

News of the Week

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

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Take and Give

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 Done by the Numbers

Dividend recaps come down to number-crunching.

calendar

Upcoming calendar of event.

conventions

Upcoming local conventions

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Chinese Investor Makes Move on Burbank Media

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.

Customer Still Always Right

Working at customer service pays off for businesses, writes Steve McFarland.

Times Up?

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?

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Northrop Aims to Land Big One

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.

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Name-Dropping Worked for Bank

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.

Bag Makers Join Plastic Ban Fold

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.

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HEADLINER

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.

Taking Stand for History

Affordable housing project preserves Fatburger’s first spot.

Affordable housing project made preserving the first Fatburger stand a main ingredient.

Will That Monet Fade Away?

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 a Family Way

In less than a year, David Fletcher went from being a single guy to married with two children.