Stories for August 2002
Monday, August 26
Stories from around Town: Safety Chutes; Soundtrack to the Stars; Sweet Truths; Go-Going Back; Movable Books;
Inside The Books - Banking & Finance Special Report
With management of Gemstar-TV Guide International Inc. expected to come under the sway of former News Corp. executive Jeff Shell, expectations of better performance and a re-energized business strategy are running high among Gemstar partners, investors an
Summaries of this week's List - largest cities in Los Angeles County, Ranked by Population
Los Angeles International Airport will be used as a testing facility for a federal program designed to reduce the wait for passengers at security checkpoints.
Miller Automotive Group, with six Los Angeles locations, has been sold to Group 1 Automotive Inc., a Fortune 500 car retailer based in Houston.
Unable to resolve a dispute with the buyer of five community newspapers, National Media Inc. is set to go to trial in Los Angeles Superior Court on Aug. 26.
Commentary by Leonard Pitts, columnist for the Miami Herald.
With the one-year anniversary of the terrorist attacks at the Pentagon and the World Trade Center fast approaching, elected officials, business owners, educators and others have been reflecting on how best to commemorate the event. Much will depend on whe
Lt. Gov. Cruz Bustamante's attempts to commend businesses and organizations through the pages of the Los Angeles Business Journal have backfired a bit.
A prolonged media recession that has wracked print and broadcast outlets for almost two years shows some signs of easing, although there's little agreement on what's fueling the improvement or how long lasting it might be.
Stymied by a 2nd District Appellate court decision that found he could not directly sue fellow doctors in a failed L.A. insurance cooperative, a Northern California surgeon is considering an appeal to the state Supreme Court.
Opinion by Ana Veciana-Suarez, columnist for the Miami Herald.
Favorite websites of Alison Locke, executive vice president of North American Publishing THQ Inc.
Inside The Books - Banking & Finance Special Report
Opinion by Ron Hartwig, executive vice president and U.S. corporate practice director at Hill and Knowlton Inc.
First American Corp. is betting more than $50 million and its future growth, profitability and market share on a new software system that it calls the biggest initiative in its recent history.
Monday, August 19
Summaries of this week's List - Residential Real Estate Developers Ranked by units sold in L.A. County in 2001
Just weeks after its largest institutional holder demanded its financial records, Farmer Bros. Co. has agreed to open the company books.
Two years after the city of Los Angeles agreed to return $62 million to the port of L.A. to settle a lawsuit alleging misuse of port-generated funds, a bill on its way to Gov. Gray Davis allows cities greater flexibility in their use of such revenue.
The explosion in general liability insurance costs now hitting several industries in L.A. and throughout the state has caught nearly everyone off guard.
When L.A.'s housing prices go through the roof, condos are sure to follow. But even by the usual measurements, June's $207,500 median price of a condominium stands out.
LA's Home Buying Craze - How High, How Long?
The American Federation of Television and Radio Artists turned up the heat on NBC executives last week in its effort to organize employees at the network's recently purchased Spanish-language television stations.
A person's first paying job is always a character-building experience. Whether it was mowing the neighbor's lawns or delivering food in trucks you didn't know how to drive, the Business Journal asks: What was your first job?
In another indication of the continued struggles at the Hollywood & Highland complex, developer Trizec Properties Inc. has disclosed that operating income will be sharply lower than expected this year and that the adjoining Hollywood Renaissance Hotel had
Monday, August 12
The percentage of Web users who have high-speed Internet access in their homes has risen to 24 percent, up from 17 percent a year earlier. While most companies provide their employees with high-speed connections in their offices, the Business Journal asks
Hopes have dimmed for an across-the-board tax cut for L.A. businesses funded by a state law that makes it easier to track down tax scofflaws because funds being collected are lower than earlier projected.
The Internet can make a small movie, like "The Blair Witch Project," a hit and help propel the success of blockbusters, such as the "Star Wars" films. But Hollywood studios might not be making the most of what is a cheaper and, sometimes, extremely effec
Downtown L.A.'s office market has gone through an investment churn over the past five months not seen in 15 years.
A firm hired to determine the best traffic congestion relief plan for the Long Beach (710) Freeway won't complete its work until late March, putting in jeopardy as much as $1.6 billion in federal grant money and possibly delaying project completion until
After more than 70 years in Los Angeles, Continental Graphics Corp. is moving its headquarters and 170 of its employees to Cypress.
Summaries of this week's List - Largest Technology Firms, Ranked by 2001 Revenues
Opinion by Leonard Pitts, columnist for the Miami Herald.
Kids aren't the only ones ruing the back-to-school season this year. As retailers began reporting sluggish July sales last week, raising fears of a recovery petering out, two of L.A.'s biggest apparel companies felt the squeeze.
A key Bush Administration health care official says it's a straight technical policy decision on whether Los Angeles County gets another federal bailout for its beleaguered health care system.
The Northridge earthquake is turning out to be a big driver of change in the region's hospital industry.
First Union Securities has quietly settled a lawsuit accusing it of making, and then breaking, a promise to provide research coverage to East West Bancorp in exchange for receiving $10 million in investment banking business.
Two Stories: New KVEA Manager Faces Clash of Cultures
Monday, August 5
Employers in L.A. and throughout the state, already reeling from double-digit increases in workers' comp premiums over the last two years, are bracing for a triple dose of rate hikes likely to drive up premium rates at least another 20 percent over the ne
The largest institutional investor in Farmer Bros. Co. has demanded that the company open its financial records to determine how it is managing its investment funds.
Favorite Websites of Michael Vallente, Executive Director, Citizens Against Lawsuit Abuse
Plus: Regulated Firms Pay House Counsel Best
Airport security is a mess, flights have been canceled and people are still just plain nervous about getting on a plane. Add to that corporate belt-tightening, and you have a recipe for business travel turmoil. In light of the environment, the Business Jo
Entrepreneur's Notebook: The federal government's effort to tighten up the Immigration and Naturalization Service promises to make it more difficult than it already is for employers to hire foreign workers.
At a time when L.A. Mayor James Hahn is looking to repair frayed relations with the city's African-American community, his administration is pushing a long-stalled proposal for a light rail line or dedicated bus lanes along Crenshaw Boulevard
Los Angeles County's financially ailing public health system will have to be downsized, but the federal government won't allow it to collapse when its current bailout expires in three years
The developer of Hollywood & Highland, seeking to shake the stalled Hollywood Motion Picture Collection museum from its 18,000-square-foot lease, has sued the project's organizers.
A few months ago, Latham & Watkins began laying the groundwork for the conversion from a general to a limited liability partnership.
By most measures, Primedex Health Systems Inc. has had a rotten year. Earnings are off and the stock price has fallen nearly 50 percent since February, to around $1 recently.
Former L.A. Mayor Richard Riordan is backing off on his plans to launch a local newspaper this summer.
Institutional shareholders of GBC Bancorp., unhappy over the refusal of several board members to sell the bank holding company despite offers that value the company at twice its current market value, are mounting a campaign to push for a sale.
Summaries of this week's List - Travel agencies/vendors, Ranked by number of full-time L.A. County employees