Los Angeles Business Journal


Activist to Help Direct $200 Million Loan Fund

LENDING: Banc of California project part of deal to acquire Popular.

Paulina Gonzalez might be the most feared person in California banking.


Calendar of events


Upcoming conventions

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Rapper Puts Opposition to Beer Deal on Record

ALCOHOL: Snoop Dogg alleges Pabst sale spun to deny him payday.

Rapper Snoop Dogg alleges buyer and seller in Pabst Blue Ribbon deal are trying to do a number on his stake.

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Games Over

Empty Staples Center leaves eateries hungry for diners

Staples Center’s sports teams drop the ball as well as attendance at LA Live because of few postseason games.

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UC Will Nurse Lab Inventions

HEALTH CARE: New fund to prep products for development.

University of California system injects itself into the tech transfer business with its UC Ventures fund.

App Works To Sound Out Residences

HowLoud offers home hunters guidance on neighborhood noise.

Startup HowLoud hopes to make noise in the home-hunting sector with sound ratings for neighborhoods.

Safety Device Helps Student Secure Future

Crystal Sanchez wins $4,000 with locket to ward off assailants.

High school senior Crystal Sanchez locked up an entrepreneur program win with her Guardian Locket security device.

Writer Turns Page With Instagram

Ad executive to publish book one post a day on photo platform.

Jason Sperling pictures photo platform Instagram as the perfect place to publish his book.

Film Star Muscles Into TV Role

Action hero Dwayne “The Rock” Johnson already rules the movie world, having scored two box-office hits this year with “San Andreas” and “Furious Seven.”

Regional Report

News and notes from communities across Los Angeles County

Medbox Inc., a West Hollywood maker of marijuana dispensing machines, will get $3.5 million in committed funds from investors, according to a Securities and Exchange Commission filing.

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Building Blocks

ARCHITECTURE: Frank Gehry discusses how his blueprint for success includes low-cost industrial materials, chain-link fences.

Frank Gehry reveals how his friend floated the idea to design a boat and talks about why cities all look the same.

Bid Beefs Up Stock of Chin-Fat Drug Developer

BIOTECH: Acquisition by Allergan may aid Kythera rollout of Kybella product.

Kythera sees its share values swell after Allergan announces plan to buy the maker of a chin fat-removal drug.

Upholstery Business Rides Pickup in Truck Sales

AUTOMOTIVE: Surge drove Katzkin Leather to shift focus from import sedans.

Katzkin Leather has seen its seat upholstery business pick up along with truck sales.

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Fashion Firm to Try On Retailer Business Model

CLOTHING: Analysts back plans for American Apparel but question follow-through.

New CEO aims to refashion American Apparel as a retail business.

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Late Billionaire’s Net Worth Likely to Stay Unknown

INVESTMENT: Analysts expect smooth handling of Kirk Kerkorian’s estate.

Analysts expect the handling of late billionaire Kirk Kerkorian’s estate to provide little insight into the extent of his wealth.

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Online Video Firm Looks To Connect in Singapore

INTERNET: Maker holds overseas boot camp to link with tech-savvy youth.

Online video firm Maker Studios eyes Singapore’s tech-savvy youth as a major part of its big picture.

Spirits Move Vendors to Open Arts District Shop

RETAIL: Co-owners say neighborhood now ripe for Silverlake Wine outpost.

The folks behind hipster hot spot Silverlake Wine had wanted to open a downtown L.A. location for a while, but hadn’t found the right place.

Bus Maker Rolls Into Facility in City of Industry

MANUFACTURING: L.A. customers drive Proterra to lease local property.

Greenville, S.C.-based Proterra has leased a 157,000-square-foot facility at 383 S. Cheryl Lane in City of Industry to build its zero-emission battery-electric buses, many of which will end up on the streets of the San Gabriel and Pomona valleys.

Investor Acts in Burbank as Hollywood Rents Rise

ACQUISITION: Lincoln shells out $84.2 million for three-building package.

Lincoln Property Co., sensing an opportunity to get ahead of rising rents in Hollywood, has swooped in to buy a three-building package in Burbank from Beverly Hills’ Kennedy Wilson.

Waiting to Exhale

We’re about to find out if MannKind’s inhalable insulin is a promising product, and Charles Crumpley says that should have happened years ago.

Spreading Money Around

Some business leaders have backed counternarrative that wage hikes will benefit all levels of economy.

Cherri Senders says some business leaders think the minimum-wage hike will work to the economy’s benefit.

Vacationing in L.A. Will Drive Down Summer Expenses

Ted Lux urges Angelenos to give themselves a break on travel and visit nearby attractions.

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Revenge Fuels Energy Fight

MANUFACTURING: Ex-exec looks to zap former family firm.

Rival Alex Lidow seeks revenge by converting International Rectifier’s customers to his semiconductors.

Virtual Reality Scores Points at Video-Game Expo

ENTERTAINMENT: Some developers making early play for nascent market.

Developers push the right buttons with video games for the blossoming virtual reality market.

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Hot Office Market Adds Retail Sizzle

DEVELOPMENT: Runway aims to fill Playa Vista’s shopping void.

Runway project looks to land retail tenants to run alongside Playa Vista’s already hot office market.