Los Angeles Business Journal

LABJ WEEKLY EDITION

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Immigration Funding May Depart

DEVELOPMENT: Fate of EB-5 has projects mulling financing.

Projects are hesitant to build on the uncertainty facing the EB-5 green card program.

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Lobby Issues In Hotel Vote

POLITICS: Campaign raised questions of foreign influence.

Companies’ pursuit of their business interests has stoked concern over foreign influence.

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Seafood Service Rides New Wave

Dock to Dish sinks hooks into local restaurants with subscription boxes of fish.

Seafood service Dock to Dish helps local restaurants get a line on fresh fish.

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Slice of History Fuels Food Fest

Forty eateries to cook up tribute to Pasadena as home of cheeseburger.

Culinary event looks to beef up Pasadena’s claim as the birthplace of the cheeseburger.

PAGE 3: Berggruen Repictures L.A.

He might still be nicknamed the “homeless billionaire,” but Nicolas Berggruen certainly has an eye for Los Angeles.

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Las Vegas Consumer Electronics Trade Show Still Plays Big Role for L.A. Businesses

A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

While Microsoft Corp. and Apple Inc. might no longer be launching their products at Las Vegas’ Consumer Electronics Show, the event still has appeal for a number of L.A. companies – mainstays and upstarts alike.

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Industrial Shift

Chinese investors’ pursuit of property has led from hotels to warehouses

Chinese investors’ pursuit of properties has progressed from residential to industrial.

Chinese Dollars Power Up Technology Startups

INVESTMENT: Local firms have cashed in on country’s passion for virtual reality.

Foreign money has helped fill a venture capital void for virtual reality firms.

Santa Monica a Beachhead for Beijing Agency

ADVERTISING: Hylink’s new office will aid clients on both sides of Pacific.

Beijing’s Hylink sets up in Santa Monica to shore up businesses in the United States and overseas.

Chinese Companies Take Larger Role in Hollywood

ENTERTAINMENT: U.S. producers picture deals as ticket to China’s box office.

Production deals have China’s star on the rise in Hollywood.

Medical Companies Trumpet Merger as Financial Shot in Arm

Apollo Medical Holdings Inc. said late last month that it would merge with Network Medical Management Inc. in the first half of this year, putting the vast majority of the Glendale public company’s shares under control of Network Medical’s shareholders.

Calendar

Calendar of events

Conventions

Upcoming conventions

Spruce Goose Hangar Wings Way to New Owner

ACQUISITION: Broker says tenant Google helped land $270 million sale price.

The 1940s-era Spruce Goose hangar in Playa Vista might be an unfinished shell, but that didn’t stop the building from holding its own in the trendy office market with a recent sale price of $270 million.

Cultural Divide, Connection

Economic ties between Los Angeles and China bode well for both the region and the nation.

Chinese Currents

L.A.’s economy, ports buoyed by ties to U.S.’ largest trading partner

Los Angeles has been able to trade on its Pacific Coast position with China, writes Gene Seroka.

Chinese Currents

President-elect Trump’s tough talk on tariffs could lead to sea change

The incoming administration’s trade policies may spark conflict with our partners, write Christopher Thornberg and Jock O’Connell.

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Paying Up

REGULATION: Jan. 1 will kick off string of wage hikes across state.

The new year will clock in with new wage and hour laws for businesses across Los Angeles.

New Players Sniff Out Pot Revenues

REAL ESTATE: High rents draw in landlords.

Smoking out rental properties can often be a pricey process for pot businesses.

New Players Sniff Out Pot Revenues

MARIJUANA: Doors open in Gateway cities.

Gateway cities are high on revenue prospects from cannabis operations.

Lawyers Pursue Fruitful Careers

British emigres ditch law to seek heat in operating frozen dessert company.

A pair of British lawyers now aim to court L.A. customers with frozen fruit desserts.

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Service Commits To Giving Back

David Sobie’s company handles in-person dropoffs of returns for e-tailers.

David Sobie looks to give back to e-tailers through his in-person return service.

Serving Up Lessons on Sand

While most play beach volleyball only occasionally, Nader Hamda hardly goes a week without setting, spiking, or serving a ball.

Disney slate looking picture perfect as studio nears record box office.

A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

While there are still a few more days before 2016 comes to an end, the studio set to take the annual box-office crown has been decided – and its margin is only going to get bigger.

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Scaling Heights

SpaceX weighs in with Falcon Heavy as low-cost satellite launch option

SpaceX hopes to tip the scales in the launch market with its Falcon Heavy rocket.

Dating App CEO to Hook Up With Accelerator

INTERNET: Sean Rad to leave Tinder, shift to sister outfit Swipe Ventures.

Sean Rad to break it off with dating app Tinder.