Stories for September 2004

Monday, September 27

CORRECTIONS

CORRECTIONS

THE LIST - L.A. County-based Savings & Loan associations

The L.A. Business Journal's list of top L.A. County-based Savings & Loan associations Ranked by assets as of June 30, 2004

Software Reconstructs Crime Suspects' Online Escapades for Profiles, Pay Dirt

Before the body of Lacy Peterson washed up on the shores of San Francisco Bay last year, investigators already had a pretty good idea she'd be there.

THE LIST - L.A. County-based Credit Unions

The L.A. Business Journal's list of top L.A. County-based Credit Unions Ranked by assets as of June 30, 2004

Tribune Taps New Distinction Editor

Holly Palance, former editor of Santa Barbara magazine, has been named editor of Distinction, a glossy lifestyle magazine published by Tribune Co.'s Angeles Publications division.

Number Crunchers in Chastened Posture as New Rules Take Hold

Accounting for Differences

Brokers Fight Over Re/Max Name

How similar sounding is Re/Max with Emax? Close enough for Denver-based Re/Max International to file suit alleging trademark infringement and unfair competition by Emax Realty International

Major L.A. Departments In Flux Without Leaders

With the resignation of port executive director Larry Keller, all three of L.A.'s revenue-generating agencies are waiting for permanent bosses.

LABJ's LA Stories / OUT OF THE PAST

Weekly Columns; More news and talk from around the town, behind the scenes. Plus, a long look back at past stories, celebrating the 25th anniversary of the Business Journal.

Failed Division Folded Under Puck Umbrella

Celebrity chef Wolfgang Puck is liquidating the casual dining division of Wolfgang Puck Worldwide Inc. to pay off creditors and transferring investors' shares into the parent company

THE LABJ STOCK INDEX

Tracking 200 selected Los Angeles County-based companies; Market Diary, Market indexes, Industry analysis, 52-week performance, weekly top Gainers & Losers, Market summary, weekly profile

THE LIST - L.A. County-based Banks

The L.A. Business Journal's list of top L.A. County-based Banks Ranked by assets as of June 30, 2004

Port Director's Successor Won't Enjoy Smooth Sailing

The resignation of Port of Los Angeles Executive Director Larry Keller may have pleased some of his detractors, but it also raises questions about the port's future.

Comcast, Time Warner Lead in Chase for Adelphia's L.A. Asset

WALL STREET WEST

There's No One Right Answer In the Math of Business Finance

There's No One Right Answer In the Math of Business Finance

Review & Preview

Review of this week's other top news; Preview of upcoming stories and events.

"Did They Fix the Root Cause? No"

'Did They Fix the Root Cause? No'

CALENDAR

Calendar of L.A. business events, conventions, and announcements

BANKRUPTCIES

Weekly List of recent L.A. bankruptcies

ECONOWATCH L.A. COUNTY

Charts of Economic Indicators, Real Estate, Tourism...

Public Markets Become Unfeasible for Small Companies

Public Markets Become Unfeasible for Small Companies

Monday, September 20

Rival Product's Approval Seen Aiding Implantable Lens Firm

WALL STREET WEST - Getting to market first with a new product ordinarily is an advantage, but that's not how investors in Staar Surgical Co. responded...

THE LIST - Women-owned businesses, L.A. County-based

The L.A. Business Journal's list of the top 50 Women-owned businesses, L.A. County-based; ranked by 2003 revenues

Real Estate Stocks Skyrocket, But Gravity Could Take Hold

CORPORATE FOCUS - Bulletproof. That seems to be the attitude of investors in publicly traded real estate companies who have driven shares of eight of the 12 locally based companies to 52-week highs

California's Budget Gets Boost From Tax Income

Just this summer, the governor and Democratic-dominated Legislature locked horns over a $105.3 billion budget that papered over a long-term structural deficit through its heavy reliance on borrowing.

Rookie of the Year - Wins Help McCourt Sway Fans

When Boston real estate developer Frank McCourt took ownership of the Dodgers, just days before the start of spring training, he vowed to bring the World Series back to L.A.

Amid Port Delays, Wal-Mart Boosts Import Volume

With congestion at its worst at the ports of Los Angeles and Long Beach, Wal-Mart Stores Inc., the nation's biggest importer, is increasing the amount of volume it brings in from Asia.

Review & Preview

Review of this week's other top news; Preview of upcoming stories and events.

THE LABJ STOCK INDEX

Tracking 200 selected Los Angeles County-based companies; Market Diary, Market indexes, Industry analysis, 52-week performance, weekly top Gainers & Losers, Market summary, weekly profile

Compromise LAX Plan Appears to Be Losing Altitude

Council Vote Delayed Amid New Questions

ECONOWATCH L.A. COUNTY

Charts of Economic Indicators, Real Estate, Tourism...

Hahn Proposal Would Require City Contractors to Provide Benefits

In a move likely to shore up labor support during a tough re-election campaign, Los Angeles Mayor James Hahn is proposing to require union-scale benefits and the hiring of union workers on virtually all city construction projects.

LABJ FORUM - Help Wanted at Mouse House

The Business Journal asks: Who should replace Michael Eisner as CEO of Disney?

MGM Sale Puts a Question Mark Over Studio's Leases

Sony Corp.'s $5 billion purchase of Metro-Goldwyn-Mayer Inc. will almost certainly lead to an unhappy ending for most of the studio's 1,300 employees, including its suddenly redundant production division.

Dodgers Shoot for Star Power, Market Team to Younger Fans

A shot of Jack Nicholson in a front-row seat, strains of "I Love L.A." in the air, an electronic scoreboard that seems on the verge of exploding Staples Center, right?

CORRECTION

CORRECTION

Car Tracker Puts Brakes on Releasing Its Data

Bowing to pressure from the auto industry, a firm closely affiliated with the consumer tracking firm J.D. Power and Associates has agreed to stop offering its vehicle surveys to the public.

Monday, September 13

If the Shoe Fits, Wear It v And Run With It, Too

WEEKLY BRIEFING - At Phidippides shoppers go outside for a run while the salespeople look at their "biomechanics" so they can find the footwear to match.

Crisis Passes, but Problems of Unemployment Fund Linger

After the budget and workers' compensation, the state unemployment insurance trust fund was supposed to be the next big financial crisis that Gov. Arnold Schwarzenegger and the Legislature were to tackle.

Compromise on Law Limiting Employees' Suits Suits Both Sides

The reviews are generally positive on all sides for legislation limiting workers' ability to sue employers recently signed into law by Gov. Arnold Schwarzenegger.

CORRECTION

CORRECTION

ECONOWATCH L.A. COUNTY

Charts of Economic Indicators, Real Estate, Tourism...

Plan to Demolish, Rebuild Santa Monica Mall

Macerich Co. wants to tear down its Santa Monica Place mall and start over.

THE LABJ STOCK INDEX

Tracking 200 selected Los Angeles County-based companies; Market Diary, Market indexes, Industry analysis, 52-week performance, weekly top Gainers & Losers, Market summary, weekly profile

THE LIST - Temporary Placement Firms

The L.A. Business Journal's list of the top 25 Temporary Placement Firms, ranked by 2003 L.A. County revenues

Employment Gains Don't Supersize Paychecks

Job growth in Los Angeles County is on track this year to match the rates seen between 1995 and 1999, the heart of the most recent boom-boom economy. But look a little closer...

CALENDAR

Calendar of L.A. business events, conventions, and announcements

BANKRUPTCIES

Weekly List of recent L.A. bankruptcies

LABJ's LA Stories / OUT OF THE PAST

Weekly Columns; More news and talk from around the town, behind the scenes. Plus, a long look back at past stories, celebrating the 25th anniversary of the Business Journal.

Cheesecake Factory Stays Hot As Analysts Worry Over Profits

WALL STREET WEST

Review & Preview

Review of this week's other top news; Preview of upcoming stories and events.

State Officials Struggle To Manage Launch of New Family Leave Law

Several thousand workers across the state who applied for benefits earlier this summer faced weeks of delays before receiving checks. Others have been rejected or asked to submit additional information

Knabe Moves to Fore Among Opponents of LAX Expansion Plan

James Hahn, mayor of the second-largest city in the country, wants to expand Los Angeles International Airport, the fourth busiest in the nation.

Deal's End Will Allow Scheib To Repaint Its Plans for Future

CORPORATE FOCUS By ANTHONY PALAZZO

LABJ FORUM - The Home Stretch

The Business Journal asks: Now that the summer is over, what are your plans for the rest of the year?

Monday, September 6

Guess' Prospects Looking up With Spate of Offerings

After several years of losses and fashion missteps, Guess Inc. has finally staged its long-awaited encore comeback.

NEWSMAKERS

Disney Merchandising Executive Gets Expanded License

LABJ's LA Stories / OUT OF THE PAST

Weekly Columns; More news and talk from around the town, behind the scenes. Plus, a long look back at past stories, celebrating the 25th anniversary of the Business Journal.

CORRECTIONS

CORRECTIONS

LABJ FORUM - Foreign-Born President?

The Business Journal asks: Do you believe foreign-born Americans should be allowed to be president of the United States?

Union Turns Up Pressure on Starwood as Hotel Talks Drag

Contentious contract talks have soured a once congenial relationship between the union representing Los Angeles hotel workers and one of the nation's largest lodging operators.

Infrastructure Funds Tied to Plans for Affordable Housing

Proposal Doesn't Ease Opposition to Projects

THE LIST - DENTAL PLANS

The L.A. Business Journal's list of top 15 Dental plans, ranked by enrollment in L.A. County

Review & Preview

Review of this week's other top news; Preview of upcoming stories and events.

Friction Between Workers at Port Rising Over Jobs

Casual longshoremen hired earlier this summer on a temporary basis are fuming over not getting preferential treatment in applying for 3,000 permanent positions.