LABJ WEEKLY EDITION
MANUFACTURING: Law firm, rival say toymaker stashed assets.
Creditors allege toymaker Wham-O is playing games to dodge paying its debts.
GOVERNMENT: Employers say mandate would cost jobs.
Business owners and groups say a state proposal for three days of employee sick leave just won’t work.
INVESTMENT: Shackled banks open up market for Ares.
Equity firm Ares Management stepped into direct lending after new regulations handcuffed banks.
Professor Egghead’s hands-on lessons turn into budding business.
Professor Egghead Science Academy looks to class up after-school programs with its hands-on lessons.
Hyun Jin Ryu steps up to plate to promote Jin Ramen noodles.
Ottogi sees Dodgers pitcher Hyun Jin Ryu as quite a catch as a spokesman for its brand of ramen noodles.
Creators hope exercise attire works out as clothes for office.
Ortiz Industry fashions a line of exercise clothing that also can be worn at the office.
It wasn’t Hollywood where dreams of stardom came true for Steve Jaffe. It was Guayaquil, Ecuador.
News and notes from communities across Los Angeles County
eturn to Sender: Zumbox, a digital postal services company in Inglewood, informed users that it was shutting down operations last week.
development: Primestor buys into low-income city as prime shopping spot.
City leaders sold Primestor on low-income South Gate as the site of a $100 million shopping center.
INTERNET: Rubicon stock flourishes in contrast to other recent flotations.
Online ad company Rubicon bucks trend and clicks with investors.
TECHNOLOGY: Platform by Citizen Global to handle videos, photos from public.
Sheriff books Citizen Global platform to handle crowdsourced data from emergency and crime scenes.
ENERGY: Rentech pulls in $150 million from Blackstone to pursue new ventures.
Blackstone Group powers up wood- and fertilizer-focused Rentech with $150 million investment.
HEALTH CARE: BlackBerry takes stake in NantHealth; will work on new handset.
NantHealth gets a line on mobile technology with an investment from phone maker BlackBerry.
INTERNET: Radio Titans relaunches in downtown L.A. with sponsorship model
Carl Kozlowski is giving podcasting another try – and hoping to sustain his network with a newly introduced sponsorship model.
MANUFACTURING: Shares of Nova Lifestyle fall even as company eyes China market.
Nova Lifestyle Inc., a Commerce furniture manufacturer and distributor, had an up and down week last week.
Last week’s major news from labusinessjournal.com and other sources
Huy Fong Foods gave a tour of its Irwindale factory for representatives from cities in California and 10 other states, with owner David Tran saying he may consider leaving.
Residential, retail developers look to get in on act as Hollywood’s star rises.
Residential and retail developers have taken a leading role in Hollywood’s revival.
Hoteliers are bringing room service to what they see as a growing scene in Hollywood.
The Los Angeles County office market continued to heat up for its third consecutive quarter, helping reinvigorate construction and redevelopment across the area to levels last seen five years ago.
The downtown L.A. office market saw gains in the first quarter as more than 110,000 square feet were absorbed by a mix of relocations and internal expansion.
The numbers say Hollywood had a slow first quarter, but it would be hard to tell from a landlord’s or developer’s perspective.
oin me in the Wayback Machine, Sherman.
Despite a 21 percent vacancy rate, landlords along Wilshire Corridor continue to seek higher rents from tenants in advance of large-scale new residential and transit development.
Vacancy rates continued to fall in the San Fernando Valley office market in the first quarter as the region experienced healthy net absorption, though without any of the large marquee deals that characterized 2013.
Strong demand and several quarters of good momentum drove the San Gabriel Valley’s industrial market to outperform every other regional market in Southern California in the first quarter.