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  March 8 - 14, 2010
Read ALL the Stories in the Weekly Edition
L.A. LAW
The history of L.A.’s largest firm, O’Melveny & Myers, offers a look at the life and growth of the region.
Local Firms’ Profits Make Case for Recovery
The local legal industry is courting a comeback as a dozen of L.A.’s top firms report higher profits in 2009.
China Car Maker To Plug Into L.A.?
Chinese electric car maker BYD is hunting for a place to park in Southern California.
Auto Insurer Revs Measure’s Motor
Mercury General is the driving force behind a state proposition that would let auto insurers target rivals’ customers.
Browse the complete Table of Contents - stories, charts, and editorial - for the current edition of the Journal

Updated: 3/11/2010 10:35:04 AM

BreitBurn Slips to Loss
BreitBurn Energy Partners LP said it swung to loss in the fourth quarter partly because of lower energy sales and investment losses.

Restaurant Cited for Whale Meat Sales
Federal prosecutors have filed criminal charges against Typhoon Restaurant Inc., the parent company of Santa Monica sushi restaurant Hump, with illegally selling Sei whale meat.

Hot Topic Profit Falls
Hot Topic Inc. said that its fiscal fourth-quarter profit fell sharply on a 10 percent decline in sales. It also forecast a loss in its current first quarter.

AeroVironment’s Quarter Disappoints
Hurt by delays in orders for its military drone aircraft, AeroVironment Inc. reported lower-than-expected net income for the fiscal third quarter and provided a more cautious full-year outlook.

Reed’s Buys Soda Competitor
Los Angeles gourmet soda maker Reed's Inc. said it planned to acquire Seattle competitor Jones Soda Inc. for about $9.8 million in cash and stock.

Saehan Gets Cash Infusion
The Koreatown parent of Saehan Bank, ordered by regulators to shore up its capital levels amid substantial loan losses, has privately negotiated a $60.6 million common stock sale to a group of investors.

Poll: Will Planned City Cutbacks Will Make It Tougher To Do Business?
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.

More Latest Local News...

Small Businesses Pounded by Payroll Taxes (Reuters)
LBO Firms Can’t Spend $503 Billion as Deadlines Loom (Bloomberg)
Facebook, Twitter Updates Spell Trouble in Small Workplace (WSJ)
'Lost Boys' Actor Corey Haim Found Dead at 38 (AP)
Public Pension Funds Are Adding Risk to Raise Returns (NYT)
With Bank Credit Frozen, Small Businesses Turning to Microlenders (W Post)
 
Film Review at Heart of Suit Against Variety
In a step that is unusual even for litigation-heavy Hollywood, the maker of “Iron Cross,” a small independent film that has yet to find a distributor, charged in a complaint that the trade paper Variety had damaged the movie.
Runaway Film Production Is Star of This Movie
Film industry veteran Mike Kehoe is hoping his latest production will promote awareness about the economic consequences in Southern California of so-called runaway production.
Caruso Targets Airport Business
Developer Rick Caruso is looking to expand his retail empire to airports across the country, including Los Angeles International.
 
   

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