LABJ WEEKLY EDITION

L.A. Expansion CBC Priority

FINANCE: Meruelo-backed bank makes northward push

CBC Bancorp, the holding company for the newly private Commercial Bank of California, has big growth plans for Los Angeles County.

Tease photo

Information Age Update

Commentary

Perhaps overdue but nonetheless welcome is a recent trend that has brought a significant increase in the quantity and quality of information on the local economy.

Seismic Data’s Biz Potential

The Los Angeles region is an earthquake hot spot, so it’s little surprise a company focused on detecting seismic activity and warning its customers of an impending temblor would make its home here

Tease photo

STYLE | Pie in the Sky

Brianna Abrams • Winston Pies

Brianna Abrams, founder of Winston Pies, opened in Brentwood in September 2017 and added a West Hollywood location a year later.

Tease photo

Up In Air

Parsons’ Mexico City airport contract could disappear

The fate of a $100 million-plus contract held by Pasadena-based Parsons Corp. to manage the construction of a $13 billion airport in Mexico City has been thrown up in the air

Tease photo

PAGE 3 | Winning and Losing in Los Angeles

The American Cancer Society was welcomed as guests of the Los Angeles Rams during the team’s contest with the Green Bay Packers

Eagle Crest Project Gets Boost

ENERGY: Federal bill contains provision that could extend key deadline

Eagle Crest Energy Co. Inc., the Santa Monica company seeking to build a $2.5 billion pumped-energy storage project at an abandoned mine near Joshua Tree National Park, received an apparent federal boost last month

Tease photo

Charles Dunn Co. Shutters Brokerage Business

Closure follows departures; firm’s property management unit will continue to operate

Charles Dunn Co. shutters brokerage biz.

Tease photo

Edison Expects Material Losses

INFRASTRUCTURE: Fire investigation reveals likely culpability, company says

Edison International on Oct. 30 revealed that an internal investigation found its Southern California Edison utility equipment was “associated with” one of the ignition points of the massive Thomas Fire last December

Car Rental Facility Gets Green Light

City Council approves $2 billion LAX project

The Los Angeles City Council on Oct. 31 unanimously approved a $2 billion contract for a consortium of 11 companies to build and operate a consolidated car rental facility near Los Angeles International Airport.

Tease photo

Digital Dollars

L.A. a leader in digital health funding as region gains foothold

The greater Los Angeles area now ranks among the top five digital health markets in the nation based on investor funding over the past few years

Tease photo

VMG, Hillhouse Form $100M Investment Fund

Partnership will focus on consumer brands; closes Little Freddie investment

VMG Partners, a private equity firm with major offices in Century City and San Francisco, has set up a $100 million fund with Hillhouse Capital,

Tease photo

Milk and Eggs Takes Delivery from Farm to Table

Food delivery service works directly with farmers to get goods to consumers

Kenneth Wu remembers shopping online – often bleary-eyed – for household and baby items after the birth of his second daughter in 2015

Tease photo

Mattel Touts Profit Growth; Revenue Falls

Adjusted earnings allow year-over-year operating profit to show uptick

El Segundo-based Mattel Inc. reported third quarter earnings last month

Soon-Shiong Proposes TV Channel for Times

Newspaper’s new owner envisions network, alliance with other media cos.

Los Angeles Times owner Patrick Soon-Shiong mentioned ambitious plans for the Times in a recent, little-noticed speech.

Tease photo

Social Capital

Clubs oriented toward the creative class are popping up around Los Angeles

Social club scene expanding with two new offerings.

Tease photo

Cuisine for Canines

Sherman Oaks kitchen serves meals for dogs made with human-quality ingredients.

Every weekday, a delivery of restaurant-grade meat and vegetables arrives at a business in Sherman Oaks.

Retail Trends, Downtown’s Future Align

Commentary

The timing for downtown retail couldn’t be better

Facts & Comments

Commentary

Fact: An initiative that has qualified for the 2020 ballot will let California voters decide whether to repeal the terms of Proposition 13 as they apply to commercial properties

STYLE | Trend Senders

Katie Rosen Kitchens • FabFitFun Inc.

Beauty in a box

Tease photo

Insurance Firm’s Shift: E&Y Plaza to 777 Tower

Both Financial District office buildings part of Brookfield portfolio

Lockton moves L.A. HQ from Ernst & Young Plaza to 777 Tower.

Tease photo

Hollywood Behind Projected Nurse Shortage?

UCLA prof thinks media representation contributing to global stigmas

UCLA professor suspects Hollywood impact on projected nurse shortages.

Tease photo

Annenberg, City Partner on Tech Diversity

PledgeLA aims to address employment disparity in Silicon Beach scene

Annenberg Foundation, City of L.A. team up on tech diversity.

Tease photo

Daz Nabbed in Cloud Services Growth Play

El Segundo firm purchased by Accenture to expand Oracle services

Daz-zling deal for cloud services company.

Tease photo

Trade Troubles

Trans-Pacific tensions weigh on consumer confidence in L.A. County

L.A.’s consumer sentiment index drops as trade war heats up.

Tease photo

$8,640 PSF for Rodeo Drive Retail

$96M for Brioni, Alexander McQueen shops

Rodeo Drive locale goes for $96 million.

Tease photo