Stories for March 2003
Monday, March 31
Paid listings provider Overture Services Inc., having lost some search engine customers, has quietly turned to a controversial software company to replace some of the audience.
Restructuring at Orange County technology companies in the past three years has changed the face of the industry.
California officials are scrambling to avert what could be the biggest crisis yet to hit the troubled workers' compensation system: the closing off of new policies by the State Compensation Insurance Fund
One San Diego company is making a not-so-high-tech contribution to the war effort: tuna.
Gov. Gray Davis may have signed into law $3.3 billion in budget cuts earlier this month, but if anything, the state's budget crisis has become more acute since then.
When Yaacov Isaacs ran into a dispute over the financial terms of a contract, he turned to someone he believed could resolve the issue cheaply, quickly and fairly a rabbi.
The big question facing Countrywide Financial Corp. and every mortgage lender, for that matter is whether earnings will dry up once interest rates start to rise in earnest.
Voice of Poor for Regional Federal Reserve Board; Businesspeople in the news, on the move
People change. So says C. Frederick Wehba, founder of the In Christ Church in Beverly Hills, this year's winner of the annual humanitarian award from the L.A. branch of the Muscular Dystrophy Association
The Business Journal asks: Do you think it is appropriate to demonstrate against the war now that U.S. troops are engaged in combat?
Monday, March 24
No, it's not true that the U.S.-Mexico border will close to northbound travelers or that traffic will be reduced to just a few lanes if the United States moves from orange, a high risk of terrorism, to red, a severe risk level.
Among the gritty gravel pits that pockmark Irwindale, Trammell Crow Co. sees the glint of untapped gold.
In what shaped up as a very strong rebound year for L.A. radio stations, total market revenues in 2002 were $956 million, up from $868 million the year earlier.
The Business Journal asks: Have you received any emergency training or taken any special emergency or security precautions?
Just three months after Southern California's smog agency adopted landmark regulations phasing out use of its most commonly used dry cleaning solvent, there's a bill in the Legislature that would speed up the ban and make it statewide.
Some 1,100 workers voted to unionize this month at Long Beach Memorial Medical Center, building on a lengthy but successful organizing campaign involving registered nurses in 2001.
Summaries of this week's List - Retained Executive Search Firms, ranked by 2002 L.A. County revenues
WellPoint Health Networks Inc. went public in 1993 and was the nation's first conversion of a nonprofit Blue Cross to a for-profit structure.
The sponsorship of major technology players like Intel Corp. and Qualcomm Inc. is keeping investments flowing to a host of Southern California wireless start-ups, despite a downbeat market for venture capital investments.
Linda Lee Warren sees the world from a birds-eye view. A photographer and licensed pilot, Warren built her 23-year-old aerial photography business by taking pictures of construction projects.
ARTICLE: Still reeling from the economic downturn, Los Angeles executive search firms as a group reported a steep decline in revenues for the second consecutive year.
Monday, March 17
If there is one overriding concern about Marina del Rey's redevelopment it's the fear that already congested streets will be overwhelmed by traffic from the new residences, stores and restaurants.
Since going public in 1996, Hispanic media company Entravision Communications Corp. has built a sizable presence nationwide, with 22 television stations, 58 radio stations, a newspaper and 11,400 outdoor billboards in New York and California.
The Business Journal asks: If you could get President Bush on the phone for 30 seconds, what would you say?
Despite a hike in gasoline prices that is taking a progressively larger chunk out of family budgets, there's no sign of a slowdown in the Antelope Valley housing market
A new state report finds that the state's unemployment insurance trust fund funded by employers to cover benefits to unemployed workers is being depleted at a faster rate than expected.
Fountain View Inc., the Burbank-based nursing home operator that filed for Chapter 11 bankruptcy protection in September 2001, has filed a plan to emerge from court supervision and pay off all its creditors.
The owner of the Fairmont Miramar Hotel, shot down by the Santa Monica Planning Commission on plans to build a high-rise apartment building adjacent to the hotel, has gone back to the drawing board.
There'll be no private companies at Roth Capital Partners LLC's annual investor conference,just public ones, thank you.
Four bills have been introduced in the state Legislature in the last month to reform the Safe Drinking Water and Toxic Enforcement Act of 1986, otherwise known as Proposition 65.
Christian broadcasting company Salem Communications Corp.'s drive to become a big-time player in the world of conservative talk radio has taken a hit.
Valued for an ability to pump up clients, the nation's publicly held advertising and public relations agencies have had to rein in their self promotion.
The decision by the R. C. Hoiles family to put Irvine-based Freedom Communications Inc. up for sale could have a profound impact in Orange County.
Entrepreneur's Notebook by Lawrence M. Braun
Summaries of this week's List - Accounting Firms, ranked by number of accounting professionals in L.A. County
Monday, March 10
In announcing the $415 million merger of CB Richard Ellis and Insignia Financial Group Inc., Insignia Chairman and Chief Executive Andrew Farkas sold the deal as "a winning transaction for Insignia's shareholders, clients and employees."
For all the success of entertainment-related wireless products overseas, especially in Asia, Hollywood is having a hard time getting anyone's attention back home.
Summaries of this week's List - Title Companies, ranked by total mortgages insured during 2002 in L.A. County
Steadily rising home values and a solid job base helped Los Angeles buck a nationwide trend that saw a record number of Americans file for bankruptcy protection last year.
Weekly Columns; More news and talk from around the town, behind the scenes...
In the race for online horse wagering in California, Youbet.com Inc. has jumped to an early lead. The question is whether the Woodland Hills-based company will have enough stamina left for the stretch run.
The Business Journal asks: What is your favorite movie theater and why?
Uphill Effort in L.A. for Vespa's New U.S. Chief; Businesspeople and businesses in the news, on the move...
Cutbacks in state and federal budgets could force a major scale-back to the much-delayed $1 billion Alameda Corridor East project, adding to already increasing traffic congestion in the San Gabriel Valley.
Los Angeles is poised to lead California out of its current economic slump even as the San Francisco Bay area struggles to regain the footing it lost two years ago.
Monday, March 3
A federal judge's ruling in a longstanding class-action lawsuit granted Teamsters organizers a partial victory against large trucking firms but much less than union officials had hoped for.
Summaries of this week's List - 50 Largest Law firms, ranked by number of attorneys in L.A. County offices
The city of Downey has reached a deal to sell a 50-acre portion of a former NASA manufacturing facility to a developer with plans to turn it into a full-service film studio.
The Los Angeles Department of Water & Power could be one of the biggest beneficiaries of a recent Federal Communications Commission ruling that dealt a blow to broadband service providers in Los Angeles.
With rebels in Colombia holding three Pentagon contractors hostage last week, Occidental Petroleum Corp. again finds itself entangled in one of the world's geopolitical hotspots.
Five years into an $8 billion project to modernize the Internal Revenue Service's computer systems, the agency and its prime contractor, Computer Sciences Corp., are feeling the sting of a report that found cost overruns, management delays and performance
Going up against corporate counsel at Walt Disney Co., say litigators who have battled the media giant, is a fight to the death.
Entrepreneur's Notebook by Paul Gurrola and Eric Lesin
A whistleblower suit against California State University, Los Angeles got a boost when a three-judge panel ruled that a former employee could sue for "constructive discharge" in retaliation for discovering what she believed to be fraud at the school.
They were the centerpiece of L.A.'s charter reform effort four years ago: a network of neighborhood councils to give people more of a voice in their communities. Now, neighborhood councils are a reality in Los Angeles.
Although it officially opened to great fanfare last April, the Alameda Corridor still isn't finished.
As the business models of the still-young Internet further evolve, Overture Services Inc. finds itself on the defensive.
Legacy Partners' $325 million Hollywood & Vine mixed-use project was dealt a major setback last week when the board of the Metropolitan Transportation Authority, which owns the land, voted 7 to 1 to end exclusive negotiations with Legacy on March 28 and t