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DWP is proposing a Carbon Surcharge that would increase electricity costs for businesses by 20 to 26 percent. Are you for or against it?

Yes. It's time to get money to develop alternative energy programs.
No. We're trying to recover from a recession and this will be a setback.

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March 15 - 21, 2010

Read ALL the Stories in the Weekly Edition

Genius That Worked for L.A.
Dr. Patrick Soon-Shiong’s passion for medical research earned him billions and, now the Business Journal’s Business Person of the Year award.

City Asks Vendors To Cut Their Fees
The city of Los Angeles has asked contractors to cut fees 10 percent, and it found some takers.

Bank’s Survival A Private Matter
Koreatown’s Saehan shored up its capital levels by tapping individual investors in the Korean-American community.

Vet Looks to Collar Consumer Web Site
A local veterinarian claims consumer Web site Yelp offered to stifle poor reviews for a price.

Browse the complete Table of Contents - stories, charts, and editorial - for the current edition of the Journal

Updated: 3/17/2010 3:55:47 PM

Skyview Capital Buys Credit Card Processing Firm
Skyview Capital LLC in Beverly Hills has completed the acquisition of Traxcom Technologies, which processes online transactions for credit card companies.

Poll: Is the Carbon Surcharge a Good Idea?
Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. Easy access to the poll is available from links on the left column of the home page. A new poll is now online.

Clinical Trials Send Abraxis Shares Up
Abraxis BioScience on Wednesday announced successful results of a Phase 3 trial for its cancer drug Abraxane. News of the results sent Abraxis shares higher by 30 percent.

CB Richard Ellis Launches Solar Energy Service
Real estate management firm CB Richard Ellis Group will open a new service called CBRE Solar to help commercial buildings take advantage of solar energy.

Former Shamrock CEO Stanley Gold Rejoins Law Firm
Stanley Gold, the former chief executive of Shamrock Holdings, has rejoined the law firm Gang Tyre Ramer & Brown as of counsel, effective Tuesday.

1st Century Shares Surge Despite $3.5 Million Loss
Shares of 1st Century Bank in Century City rose 9 percent Tuesday after the company reported a fourth-quarter net loss of $3.5 million.

Maguire Sells OC Office Towers
Real estate investment trust Maguire Properties has completed the sale of the Griffin Towers project in Costa Mesa.

More Latest Local News...

Start-Up SpaceX Takes Off (WSJ)

Nobel Winner’s Firm Advances 41 Percent After IPO (Bloomberg)

Beckham in Finland for Surgery of Torn Achilles Tendon (ESPN)

We Bought A Toxic Asset; You Can Watch It Die (NPR)

Lexus, a Toyota Brand, Avoids Taint From Recalls (NYT)

Examiner: Lehman Torpedoed Lehman (WSJ)

Homeowners Opt for 'Strategic Defaults'
Wynn Bloch has always dutifully paid her bills and socked away money for retirement. But in December she defaulted on the mortgage on her Palm Desert home, even though she could afford the payments.

Sony in $250 Million Deal With Michael Jackson Estate
Sony Corp. said it had reached a “landmark recording deal” with Michael Jackson’s estate that includes albums of unreleased material and older tracks.

Effect of Jobs on Stimulus Remains Uncertain
More than $2.7 billion in federal stimulus money has been awarded to the major local government agencies in Los Angeles over the past year, but no one can say with any confidence how many jobs have been created with those funds.

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