Los Angeles Business Journal

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Recent and archived news stories on: Accounting, Advertising, Consulting, Jobs, Food, Insurance, Law, Printing, Public Relations, Security...

Edison Inks Solar Contract

Southern California Edison has signed a 20-year deal to buy energy from a solar farm in Kern County.

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Bank Created Little Interest

LENDING: Evergreen can’t even sell off its charter.

Evergreen International Bank checks out after failing to find a buyer for its assets or charter.

Sky Tag Settles in Supergraphics Lawsuit

Los Angeles City Attorney Carmen Trutanich announced Friday that Michael McNeilly’s Sky Tag Inc. has agree to pay $1.2 million in civil penalties to settle a long-standing supergraphic billboard dispute with the city.

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Room Service

Hotelier now puts focus on management

Setbacks during the recession led hotel developer Avi Brosh to check into property management.

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Making Cases

Ex-partners of Johnnie Cochran spar over name, legacy

Former partners fight to use attorney Johnnie Cochran’s name to court clients.

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Satellite Provider Circles Content

TV: DirecTV goes ‘Rogue’ in hope that new drama draws subscribers.

Satellite broadcaster DirecTV hopes to pull more subscribers into its orbit with original drama “Rogue.”

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Modest Practice, Flashy Growth

LAW: Low-key Lewis Brisbois becomes largest firm in L.A.

A focus on insurance defense has helped ensure Lewis Brisbois’ growth into L.A.’s biggest firm by attorney count. (Sidebar: Lower rates lead to job growth. Page 43.)

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Bean Counters Pull Up Roots

REAL ESTATE: KPMG to ditch its tower for new digs.

Accounting firm KPMG does a number on namesake downtown tower by moving closer to L.A. Live.

Gores Group Acquires Canadian Outsourcing Business

Gores Group said that it will acquire three outsourcing services units from Toronto’s Davis + Henderson Corp.

Lower Korn/Ferry Profit Better Than Expected

Korn/Ferry International on Wednesday beat analyst’s estimates for the third fiscal quarter, even as net income fell from the same period a year earlier.

Mercury Sues Insurance Commissioner

Mercury General Corp.’s insurance unit has filed a lawsuit against state Insurance Commissioner Dave Jones, challenging his order of an 8 percent rate decrease for the company’s 270,000 homeowner policyholders in the state.

ILFC Buys 16 Boeings

Aircraft leasing company International Lease Finance Corp. announced that it had agreed to purchase and lease 16 Boeing jet aircraft to American Airlines.

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Short Order

Eateries, bars tap cities’ speedier permit procedures

Cities across the county try to add speed to the menu when approving permits for restaurants and bars.

Amgen Loses U.S. Supreme Court Case on Class Actions

The U.S. Supreme Court on Wednesday ruled against Amgen Inc. in a case that could make it easier for shareholders to bring class-action lawsuits against companies in the future.

Smaller Quarterly Loss for Edison

Edison International reported a small fourth quarter loss as the Rosemead electrical utility decided to unload its struggling coal-fired power plant unit.