LABJ WEEKLY EDITION

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.

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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

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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,

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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

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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.

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Social Capital

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

Social club scene expanding with two new offerings.

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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

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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.

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Hollywood Behind Projected Nurse Shortage?

UCLA prof thinks media representation contributing to global stigmas

UCLA professor suspects Hollywood impact on projected nurse shortages.

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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.

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Daz Nabbed in Cloud Services Growth Play

El Segundo firm purchased by Accenture to expand Oracle services

Daz-zling deal for cloud services company.

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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.

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$8,640 PSF for Rodeo Drive Retail

$96M for Brioni, Alexander McQueen shops

Rodeo Drive locale goes for $96 million.

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PAGE 3: Saban’s Stumble; Martin’s Mudder; Sullivan’s Sign Off

Seems Haim Saban has stumbled again – and it’s notable that the billionaire tends to fall forward.

Port Rail Project Fully Funded

TRANSPORTATION: State agency kicks in $21.6 million for on-dock plan

Port of Los Angeles moves forward with traffic-flow plan.

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Westwood Biomed Pulls in $41M

HEALTH CARE: Round for developer of radioisotopes includes 11 investors

Alpha Source gets $41 million in seed money to develop radioisotope tech.

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End of City’s Goldsmith Era

Banking: City National CEO hands reigns to Coffey

City National CEO Russell Goldsmith to step down after 23 years.

Banks Gain, Turn Cautious

Finance: Industry growth tempered by rates, volatility

Local banks are prepping for potential economic turbulence.

Spectrum News Starts Nov. 16

MEDIA: 24-hour channel to aim for underserved areas

Spectrum is launching a new 24-hour cable news channel.

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Retail Redux

Sears is bankrupt and closing stores, but former locations could have new life

Sears is bankrupt, but its former stores are hot real estate commodities.

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Top-Read Stories of the Week

Top-Read Stories of the Week

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