LABJ WEEKLY EDITION

Medical Centers Seek Healthy Boost

Cedars-Sinai, Torrance Memorial forge partnership in which both will operate under parent entity.

HEALTH CARE: Cedars-Sinai and Torrance Memorial like the prognosis for a joint medical center entity.

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L.A. Tourism Hits Hospitality High

Visitors spent record amount last year, but local officials wary of Trump’s impact on travel.

TOURISM: L.A. County welcomed record numbers in 2016, but officials are bracing for travel-ban fallout.

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PAGE 3: Delivering on Pitches

Ribbons were cut earlier this month for the James B. Freedman Pitch Deck at the UCLA Anderson School of Management Venture Accelerator.

L.A. Welcomes Bootlegs

HOUSING: Council signs off on path to turn unapproved units into permitted homes.

HOUSING: Los Angeles City Council opens door for bootlegged residential units to gain permits.

Drug Maker Put to Test

BIOTECH: Shares of Puma tumble after exec’s exit prior to crucial review by FDA.

BIOTECH: Fate of drug company Puma could hinge on upcoming FDA review of its cancer treatment neratinib.

Unlocking Luxury

Bruce Makowsky lives on high end of mansion market with projects such as $250 million Bel Air home

REAL ESTATE: Developer Bruce Makowsky has given luxury a whole new ZIP code with his megamansions.

Business Rebounds for Furniture Maker Virco as School Budgets Increase

Hard Lessons

MANUFACTURING: Furniture maker Virco is sitting prettier as school districts up their postrecession budgets.

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Spy Satellite May Mean Launch Firm on Way Up

AEROSPACE: Military deals could help SpaceX cope with swings in commercial orders.

Military contracts could provide a big lift to SpaceX’s launch business.

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City of L.A.’s Rental Unit Law Proves Tough Sell

DEVELOPMENTT: New rules draw fire from businesses, which may relocate projects.

City of L.A.’s new law on rental unit requirements might spur projects to move away.

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Comics Titan Inks Deal To Power Up in China

ENTERTAINMENT: Sale to Camsing may ease financial issues for Stan Lee’s Pow.

Camsing’s deal for comic-book legend Stan Lee’s Pow could punch up production.

City of L.A. Rewrites Environmental Report Rules

DEVELOPMENT: System will restrict EIR authors to prequalified consultants list.

In the hopes of avoiding protracted lawsuits over environmental impact reports for major projects, city of L.A. planning officials will soon start requiring that developers use only prequalified consultants to prepare those massive reports.

Firm’s Feast of Deals Includes Pickup of Importer

FOOD: Corridor Capital’s second attempt to swallow Indo-European successful.

Corridor Capital has been keeping busy.

Canadian Buyer Takes Plunge With Seafood Acquisition

Culver City seafood supplier Rubicon Resources, a venture of Thai seafood packing and distribution companies AMS and PTN Group, will be acquired by High Liner Foods Inc., a publicly traded Canadian company, in a cash-and-stock deal valued at $107 million.

Calendar

Calendar of Events

Conventions

Upcoming Conventions

Restaurateurs Look to Get Cooking in Venice Deal

ACQUISITION: Father, son buy Lincoln Boulevard land next to Night + Market site.

Many Angelenos see Lincoln Boulevard in Venice as a road to the airport – one lined with a hodgepodge of small businesses ranging from auto repair shops to liquor stores.

Coming to America?

U.S. business community could end up paying for an immigration policy that bars entrepreneurs

USC Books Expansive Student Dorm Project

DEVELOPMENT: Village complex also will bring retail.

USC’s dorm project could serve as a wake-up call that brings investment into the area.

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Logistics Loses Ground in City

SHIPPING: Carson extends moratorium on new operations.

Carson and logistics firms have yet to map out a plan to balance business and residential issues.

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Big Bill Ahead

RETAIL: 99 Cents Only still struggling to jump-start sales.

99 Cents Only faces a big payment as a debt deadline nears for the highly leveraged chain.

New Take on TV Works for Writers

Guild inks deal with producers that takes into account concern for shows’ shorter seasons.

Support for a strike may have helped produce a contract for the Writers Guild of America.

First-Quarter News Not Really Positive

Parent of L.A. Times, tronc, saw advertising revenue take tumble across print, online segments.

First quarter delivered some bad news for Los Angeles Times’ parent, tronc.

Billionaire Brothers Jump Into Funding

Frank and Lorenzo Fertitta form eponymous investment venture.

Former mixed-martial-arts executives get into ring with funding with launch of Fertitta Capital.

PAGE 3: USC Lobbies D.C.

Max Nikias led a group of trustees and university officials to D.C. last month, part of an annual USC trip to brief congressional and administration officials on issues important to both the educational community and the university.

Desert Project Hot Ticket

WATER: Boosted prospects for aquifer venture deliver Cadiz $300 million in credit.

Improved outlook for Cadiz’s aquifer project helps secure a loan pipeline for the company.

Firings a Shot in Arm?

INSURANCE: Investors go for Molina Healthcare after removal of two top execs.

Termination of two top executives at Molina Healthcare nurses the company’s stock.