Stories for January 2003
Monday, January 27
With the start of nearly three years of construction to remake Santa Monica Boulevard on L.A.'s Westside just weeks away, some stores are already closing their doors and moving rather than face a slowdown in their business.
Businesses and people in the news, on the move...
Spurred by widespread complaints that a state law aimed at protecting consumers has resulted in a shakedown of local merchants, legislators are mounting yet another an effort to refine the law.
A U.S. district judge's ruling that Verizon Communications Inc. must hand over the name of a subscriber alleged to have downloaded as many as 600 music files in a single day is another incremental win in the industry's effort to halt online piracy.
Assembly Speaker Herb Wesson's bill to restore vehicle license fees to 1998 levels already has a vocal opponent and it's not the anti-tax faction of the legislature.
Piracy, claim those determined to halt the free distribution of copyrighted material, is pile-driving the music business, and the retail sector is taking the hardest beating.
Cherokee Inc., the former blue jean maker now concentrating on licensing trademarked lines, paid $3 million for the right to license several well-known labels once produced by a bankrupt L.A. company.
Summaries of this week's List - Property Management Firms, ranked by office and retail square footage managed in L.A. County
The Business Journal asks: Do you think it's proper to download music off the Internet, even if it's illegal?
While record companies stand to lose sales to online pirates, others have plenty to gain by helping those pirates out.
Nearly every steamship line calling on the Ports of L.A., Long Beach and Hueneme during a 60-day trial period have failed to comply with a new U.S. Customs Service anti-terrorism regulation that formally goes into effect next week.
Friday, January 17
Never Lacking Vision, Revival's Success Proves Elusive
Hollywood has undergone a facelift over the past few years. There's a huge new shopping complex, new entertainment attractions and restaurants, increased security and cleaner properties. But not everyone is sold on the so-called Hollywood Renaissance. So
Weekly Columns; More news and talk from around the town, behind the scenes...
People and businesses in the news, on the move
There may be fewer corporate jets parked at Lindbergh Field for Sunday's Super Bowl than the two previous times San Diego hosted the event.
Infinity Broadcasting Inc. radio station KFWB-AM (980) remains in regulatory limbo after the Federal Communications Commission rescinded its approval of the company's application to put the station into a trust only a week after it gave its okay.
Robert Cooper's brief tenure as chief executive of Artisan Pictures was like a bad date. Both parties got something out of it but neither was especially satisfied.
Eight months after contentious negotiations were launched, West Coast port workers and officials of shipping companies expect a new six-year contract to be accepted by union members when the votes are counted this week.
Summaries of this week's List, Architectural firms ranked by 2002 L.A. County billings
The decision by the 24 active judges in U.S. District Court, Central District of California, to reject a proposal to delay hearing certain cases had more to do with autonomy than caseload.
Cautious Tenants Keep Office Leasing Action Sluggish
Li-Pei Wu has resigned as chairman of GBC Bancorp settling, at least temporarily, a boardroom battle over whether to sell the parent of General Bank, one of L.A.'s oldest Taiwanese-American-run banks.
Unable to afford skyrocketing premium costs, thousands of businesses in Los Angeles are believed to be going without workers' compensation insurance, as required by law.
WALL STREET WEST. A Superior Court judge said he would dismiss a lawsuit seeking to remove the trustees of the estate of Herbalife founder Mark Hughes, who died in 2000 of a drug and alcohol overdose.
Monday, January 13
California businesses are bracing for the full impact of a slew of new laws, many of which will add to the cost of doing business in an already lackluster economy.
Weekly Columns; More news and talk from around the town, behind the scenes...
The two largest performers' unions are trying to resolve their differences over digital television and other issues in advance of contract talks with advertisers later this year.
Every New Year, most of us make resolutions intended to make our personal or working lives better. Of course, we tend forget about them nearly as quickly as we make them. But there's one resolution that can be made and actualized quickly: you can get a ra
President Bush's proposal to eliminate the dividend tax prompted a flurry of Wall Street activity last week an initial surge in prices, followed by a separation of the prospective winners from the losers.
Technicolor Digital Cinema, one of two digital movie projection and equipment makers in the United States, has stopped marketing its equipment until Hollywood develops a standard for digital filmmaking.
Employer groups are concerned about a new law significantly lowering the threshold at which companies are required to notify employees and government entities of impending layoffs.
Summaries of this week's List - Motion Picture Distribution Firms, ranked by total U.S., Canada box-office receipts for 2002
The most recent Arbitron ratings for Los Angeles have a decidedly Spanish accent. Of the seven biggest radio companies in the L.A., only three showed gains in overall listenership during the fall period and all of those own stations with Spanish-languag
President Bush introduced an economic stimulus package last week that called for tax cuts for individuals and small businesses, a $400-per-child tax rebate for some families and the elimination of taxes on dividends, which the administration said would gi
San Fernando Valley business leaders reflect what many involved in the cityhood movement have said since the November election: secession is not a dead issue.
Businesspeople and businesses in the news, on the move...
Monday, January 6
The board of failed Latino Health Care is in negotiations to start a similar doctors network, even as the group's demise has sparked civil litigation and a police investigation.
Summaries of this week's List - City Vendors, ranked by vendor payments from the City of Los Angeles
A spate of end-of-the-year dealmaking will further transform a local Hispanic radio market that already was headed for big changes with the pending merger of Univision Communications Inc. and Hispanic Broadcasting Corp.
As the sports equipment industry becomes increasingly cluttered, closely held Sport Chalet Inc. is trying to give investors a clearer indication of the company's future plans.
To close part of a looming budget gap now estimated at $90 million, L.A. city officials are contemplating raising or instituting new fees or taxes, many of them to be paid by businesses.
Retailers ailed during the Christmas season, but Hollywood was going full throttle. As usual, the last few weeks of the year were a time for the studio's to release their most prized films no doubt to garner attention for the upcoming awards season. And
In another sign of its deteriorating cash position, ArtistDirect Inc.'s three top executives, including its billionaire Chairman Frederick "Ted" Field, have agreed to salary reductions until the company can find at least $20 million in financing, is merge
Exporting Trove of American Characters
Deal of the Year Dockworkers Pact
L.A.'s largest hotel, the Westin Bonaventure, has been thrown out of the Los Angeles Convention & Visitors Bureau after its owner refused to pay $58,775 in back membership dues for the last year and a half.