Los Angeles Business Journal

LABJ WEEKLY EDITION

Hit Show Spins Hip-Hop Gold

TV: Fox channels ratings for ‘Empire’ into musical ventures.

Fox is singing all the way to the bank as its highly watched hip-hop drama “Empire” churns out hit songs and music revenue.

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Taking Stock

Onestop Internet tracks shops’ items online, in stores

Onestop looks to link up shops’ online and brick-and-mortar sales and inventory.

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Doctors’ Orders: Invest in This Firm

HEALTH CARE: Summation says it has R/x to pick medical startups.

Summation Health Ventures can turn to its investors’ doctors when choosing which startups to nurse.

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Hitting Road, Minding Health

Stay Fit Housing helps business people work out their travel plans.

Stay Fit Housing makes room for healthy services to pursue business travelers.

Lawyer Makes Case for Rehab

Darren Kavinoky looks to help DUI, drug defendants beyond legal system.

Defense lawyer Darren Kavinoky has launched an offensive to treat the substance abuse issues of his clients.

Can’t Get a Brake On Chinese Bike

Adam Xavier thought riding a motorcycle in Los Angeles was scary, until he took a trip to China last summer.

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Regional Report

News and notes from communities across Los Angeles County

Williams Data Management, a Vernon data security and storage business, has acquired Shred Masters Inc., an Ontario document destruction company.

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New Blueprint

DEVELOPMENT: Executive architect firm House & Robertson sees more work from small design firms handling big projects.

Executive architects such as House & Robertson help projects pencil out for design firms.

Strong Quarter Bulks Up Shares of Market Chain

RETAIL: Smart & Final credits strategy to attract typical grocery shoppers.

Investors buy shares of Smart & Final in bulk after a strong quarter from the market chain.

Firm’s Legal Presence in San Diego Proves Brief

LAW: Covington & Burling shutters outpost to house SoCal efforts in Los Angeles.

Washington, D.C.’s Covington & Burling shutters its San Diego office in a move to court L.A. business.

Florida Governor Fails to Make Big Splash at Ports

SHIPPING: Analyst sees Los Angeles, Long Beach losing business as unlikely.

Florida governor makes few waves with his plan to poach L.A.-Long Beach port cargo.

Overseas Investors Establish Industrial Beachhead

REAL ESTATE: $402 million in local properties purchased as part of $8.1 billion deal.

Local industrial properties show their strength with foreign buyers as part of $8.1 billion deal.

Former FBI Agent Now Hunts for Cooked Books

ACCOUNTING: War stories of Ernie Cooper added plus for VLS’ forensic clients.

Ernie Cooper taps into his FBI past to make a case for VLS’ forensic services.

Marketer Pictures Film Campaign With Instagram

INTERNET: TheAmplify casts online influencers in ‘Insurgent’ video promotion.

Culver City social media marketing firm theAmplify, which launched in January 2014, has broadened its range of creative offerings to include green-screen video production for campaigns on Instagram featuring popular influencers.

Business, Labor Reports Not on Same Wage Page

POLITICS: Groups’ studies look at impact of different proposed pay increases.

When local business and labor groups came out with their respective studies on the impacts of hiking L.A.’s minimum wage last week, the fact that they came to different conclusions – business opposing and labor supporting – was not surprising.

Report: More Class-Action Suits Coming Together

LITIGATION: Cybersecurity seen as concern contributing to expansion of sector.

Businesses across the United States spent more than $2 billion last year defending themselves against a slew of class-action lawsuits, and most companies anticipate this year will bring even heftier legal bills, according to a report published this month.

Boutique Eyes New Business With Mink Lashes

BEAUTY: Blinkbar looks to pricey extensions to help bolster expansion plan.

Mink stole. Mink coat. Mink lashes?

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SPECIAL REPORT: Sizing Up L.A.

Six local bank executives address regulatory, economic issues that have spurred institutions to seek deals to combine their strengths.

Bidders are going big for small and midsize institutions as bankers team up.

SPECIAL REPORT: Civic Life May Suffer With Loss of Local Firms

Royal Bank of Canada’s deal for City National is another example of L.A. losing a headquarters.

Calendar

Calendar of events

Conventions

Upcoming conventions

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Playa Vista Deal Shores Up Investor’s Portfolio

ACQUISITION: Off-market purchase by Mani Brothers valued at $48.5 million.

A pair of three-story office buildings in Playa Vista sold this month in an off-market deal for $48.5 million.

Time to Talk Up PR Industry

Jean Gonsoulin wants to get the word out on how the PR industry benefits Los Angeles.

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Wage Hikes May Hit Tipping Point

DINING: State bill would cap pay for gratuity-receiving employees.

State bill would let restaurants skip out on paying increased minimum wages to tipped workers.

Court Goes Big For Mansions, Curbs Nimbys

State high court might have opened door for more megamansions by limiting environmental objections.

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Tourism Drive

Malls put money on drawing Chinese visitors.

Some L.A. malls work to make sure they are on the map as stops for Chinese bus tours.