Los Angeles Business Journal

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DineEquity CEO Steps Down Amid Poor Sales at Applebee’s, IHOP Chains

DINING: Restaurant Operator Feels Heat as Shares Tumble

DineEquity investors have a lot to chew on as the chief exec has stepped down amid falling sales.

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Produce Company Sows Seeds of Growth in Deal

AGRICULTURE: Progressive branches out into more fruits with deal for competitor.

Progressive Produce will now bear more fruit products after its pickup of a competitor.

Quinn Emanuel Sues Billionaire Xerox Shareholder Over Unpaid Legal Bill

Downtown law firm Quinn Emanuel Urquhart & Sullivan sued former client and billionaire entrepreneur Darwin Deason Tuesday claiming the influential Republican political donor has failed to pay them $1 million in fees.

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DineEquity Inc. Shares Drop Almost 10 Percent on News of CEO Resignation

The resignation of DineEquity Inc.’s chief executive amid declining sales Friday caused the restaurant company’s stock to fall 9.6 percent in a single day, closing at $60.14.

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Distinctive Assets’ ‘Swag Bags’ Offer Shot at Oscar Glamour

Giving To Get

Gift baskets for Oscar participants offer businesses a package deal to promote items and services.

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Talent Agency Aims To Make Some News

ICM Partners takes step back into journalism business with pickup of Headline Media Management.

ICM Partners looks to re-establish its talent for representation in broadcast journalism.

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Oscars Call on Businesses to Play Supporting Roles

ENTERTAINMENT: Local vendors boosted by awards include florists, chauffeurs.

Oscars provide golden opportunity for businesses such as florists and chauffeur services.

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Port of Long Beach Cargo Surged in January

Reversing a slide at the end of last year, cargo shipments at the Port of Long Beach rose sharply in January, up 6 percent from December and up 8 percent from a year ago, port officials reported Thursday.

City Attorney Takes on ‘Pay-to-Play’ Casting Schemes

As the result of an undercover investigation by his office, Los Angeles City Attorney Mike Feuer announced today the filing of criminal charges against five actors’ workshop businesses to stop “pay-to-play” schemes.

ICM Partners to Acquire Headline Media Management

ICM Partners talent and literary agency is expanding its reach into on-air talent by acquiring Headline Media Management (HMM), a boutique firm representing anchors, reporters, hosts, and producers in news, lifestyle and sports broadcasting. HMM Chief Executive Lou Oppenheim and President Michael Glantz will join the agency as partners. Oppenheim will head the new broadcasting department at ICM and Glantz will lead news and programming efforts within the department. Details of the deal were not disclosed.

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Paper’s Digital Offerings Have Yet to Deliver

MEDIA: L.A. Times’ parent, tronc, sticks by tech strategy.

After a year of digital focus, Los Angeles Times’ parent, tronc, has only a few positive results to report.

Restaurant Chain Rock & Brews Gets New Lead Man

A new frontman is taking the stage at Rock & Brews, the midsize international rock ‘n’ roll-themed restaurant chain based in Manhattan Beach.

Studio’s Turmoil Continues With Exodus of Exec

Relativity Media sheds another exec as business affairs head jumps to law firm.

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MedMen Buys New York Medical Marijuana Company Bloomfield Industries

Cannabis management company MedMen is betting on the growth of the medical marijuana market in New York. The Culver City-based company announced Thursday that it acquired financially distressed Bloomfield Industries Inc., one of five organizations licensed to grow and distribute medical marijuana in the state of New York. Terms of the deal were not disclosed.

Relativity Media’s Head of Business and Legal Affairs Jumps to Sklar Kirsh

Ryan Kavanaugh’s troubled Relativity Media is taking another a hit with the departure of Hillel Elkins, the studio’s executive vice president of business affairs and general counsel.