Los Angeles Business Journal

LABJ WEEKLY EDITION

Lofty Goal

Developer looks to put new museum on displayDeveloper Tom Gilmore looks to reframe downtown’s Old Bank District with a multibuilding museum.

By Cale Ottens February 22, 2016 9:20 a.m.   Share

Trump’s Ban On Travel Hits Home in L.A.

TOURISM: Board works to reassure international visitors.

City agency looks to position Los Angeles as a draw despite an expected drop-off from U.S. travel ban.

Trump’s Ban On Travel Hits Home in L.A.

REAL ESTATE: Brokers see foreign buyers scuttle deals.

Immigration concerns have some foreign buyers moving out of local deals.

Bill May Open Residences to Prevailing Wage

CONSTRUCTION: Proposal would expand pay guidance.

Residential developers warn prevailing-wage expansion could scuttle projects.

Developer Thinks Small With Hotel

Capital Foresight places big bet on micro-room restoration of Mikado building in Little Tokyo.

Developer Capital Foresight sees a big opening for a micro-unit hotel in Little Tokyo.

Affordable Housing Initiative Challenged

Out-of-state construction worker files lawsuit over Measure JJJ’s rules on local hiring preference.

Out-of-state worker has filed suit over the hiring requirements of an affordable housing measure.

PAGE 3: Disney Connections

Bob Iger – finally! – joined Twitter in January.

Net Gain in Menswear

APPAREL: Five Four scores promotional assist courtesy of Clippers star Chris Paul.

Men’s fashion firm Five Four has put its latest campaign in the hands of hoops star Chris Paul.

Pro Soccer Offer Fielded

SPORTS: Michael Eisner’s Tornante enters talks to buy English team Portsmouth.

Former Disney chief Michael Eisner looks to play ball with British soccer team Portsmouth FC.

Group Effort

Software, hardware by Apium controls submarine, aircraft swarms.

Apium hopes to gang up on the drone industry with its swarm software and hardware.

Delivering on News

USC’s incoming media dean, Willow Bay, discusses impact of Donald Trump, social media on journalism

Incoming USC journalism dean, Willow Bay, talks about how to make news in the Trump era.

LGBT Paper Sees Unfolding Opportunity in L.A.

MEDIA: Blade believes niche focus, Trump’s presidency will help it step into market.

LGBT paper the Blade will take a stab at bringing L.A. readers into its fold.

Electronic Controls Maker Clocks Into Midwest

MANUFACTURING: Pickup of rival will boost presence, revenue of Nelson-Miller.

Maker of electronic controls says its deal for a rival pushes all the right buttons.

Philharmonic’s President Cued Up Funding Boom

ARTS: Deborah Borda, departing for New York gig, oversaw nonprofit’s growth.

Departing Deborah Borda talks how she conducted the Los Angeles Philharmonic’s business.

Menswear Maker Aims to Fashion Future in L.A.

APPAREL: New York-based Sene sees market as good fit for its custom-cut garments.

A New York-based men’s custom clothing company that relies on digital technology to customize its garments is stepping into the L.A. fashion scene.

Hiring Service Offers Insider’s Edge to Job Seekers

EMPLOYMENT: Network of Purple Squirrel works to link current staffers, candidates.

The perfect job candidate is so hard to find that the human resources industry has a term for the rare specimen: a purple squirrel.

Food Company Bowls Over Salad Maker as Healthy Target

French multinational food company Bonduelle acquired Irwindale prepackaged salad maker Ready Pac Foods Inc. last week for $409 million.

Calendar

Calendar of Events

Conventions

Upcoming Conventions

Construction Project Finds More Room for Office

DEVELOPMENT: NSB gets going on El Segundo venture designed by Frank Gehry.

After converting a former Xerox Corp. facility in El Segundo into nearly 200,000 square feet of creative work space, developer NSB Associates has begun construction on an adjacent parcel for a building designed by acclaimed architect Frank Gehry.

Tronc’s Turbulent Times

It’s time to end the turmoil at the Times and return it to local ownership.

Tease photo

Delta to Lead 24 Airline Relocations to New Terminals at LAX

Up, Running

In May, 24 Airlines will do some traveling at LAX as they shift to new terminals across four nights.

Climate Change With Attorney?

LAW: Trump appointee may back off environmental focus.

Trump’s U.S. attorney appointment could shake up prosecution of environmental cases.

Market in Play

MANUFACTURING: Jakks, Mattel take Chinese partners.

Toymakers form Chinese partnerships to play ball in the growing market.

Busted Deals Don’t Raise Fear of China-Hollywood Breakup

ENTERTAINMENT: Huge audience big showbiz draw.

Analysts say a spate of busted deals won’t drop the curtain on U.S.-Chinese ventures.

New CEO Comes On Line at Ad Firm

Internet veteran Michael Barrett takes over at Rubicon Project after disappointing projections.

Executive shuffle continues at ad tech firm Rubicon Project after poor first quarter revenue projections.

Ports Boxed Out By Lunar New Year

Observation of Chinese holiday blamed for February’s slowdown at Long Beach, Los Angeles.

Lunar New Year delivered bad tidings for cargo numbers at the L.A. and Long Beach ports.