LABJ WEEKLY EDITION

LABJ FORUM: Assessing the Business Year

As this year draws to a close, the Business Journal asks: Did your business hit its mark in 2017, exceed expectations of come up short?

Public Works Pay Dividends

Construction outfits gain on city contracts

Public works’ construction projects gained the most city dollars this year for companies that contract with the city of L.A.

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New Leaf for Former Unicorn

After years of losses, Leaf Group has a plan to grow again with a new CEO.

Kosmont Survey Sees Relative Improvement

How L.A. County cities fared in an annual survey on the costliest cities for businesses.

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Developer Plans Fight Over Eminent Domain

A large South L.A. property sits in the middle of a fight between its owner and L.A. County.

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PAGE 3 Aussies Galore; HEDs Up on Devereaux

A great irony could be in store for Los Angeles in the wake of Rupert Murdoch’s agreement to sell much of 20th Century Fox in a $52.4 billion all-stock deal struck with Walt Disney Co.

New Sickle Cell Drug Goes to Market

Torrance biotech firm begins sales of first new sickle cell drug in decades.

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L.A. Ports Set Record

With still a month to go in 2017, the Ports of Los Angeles and Long Beach have set new records in container movement for the year.

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News Briefs - December 18, 2017

New briefs

Local Roots, Global Ambitions

Urban Farm Counts on Shipping Containers, Hydroponics to Grow Cash Crops By SHWANIKA NARAYAN Staff Reporter

Customized shipping containers replace soil for lettuce grower.

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Military Demand for Drones Drive Profit

Monrovia’s AeroVironment sees uptick in orders for combat model

Military drone maker AeroVironment Inc.’s stock rose 26 percent to $54.47 a share – an all-time high – on Dec. 6 after the company posted strong quarterly sales and profits driven partly by U.S. military demand for its kamikaze drone, named the Switchblade.

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Deals & Dealmakers: Edisun Adds Crowdfunding

Gross-led solar power company topped L.A. with $861,000 in November

Regulation crowdfunding continues apace.

Gifts for Cedars-Sinai Accelerator Grads: Contracts

Microsoft, Amazon.com among customers for various health apps, devices

Startups endure a 90-day business boot camp at Cedars-Sinai, Techstars accelerator.

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Brick-and-Mortar Trends Toward Demos, Intros

CBRE report points out shift from cash registers to smart phones at shops

Retailers are using smartphones rather than cash registers, and replacing inventory for purchase with new items for testing.

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No Market Indicator in Dip on Priciest Properties

New view on Getty Center holdings accounts for anomaly of overall decline

Highest assessed properties saw changes.

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Switch by Doctors’ Group Leads to Office Sale

One of larger medical office sales to owner/user over past year statewide

El Segundo-based Genesis KC Development, a subsidiary of HealthCare Partners of El Segundo, has acquired a medical office building in Covina for $10 million in what brokers say is one of the year’s larger medical building sales to an owner/user in the state.

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STYLE | Personal Design: Beatrice Fischel-Bock I Hutch

No surprise that personal style rules for Beatrice Fischel-Bock, co-founder and chief executive of Hutch, an ecommerce company that offers an app for online furniture shopping to aid clients in finding a style of their own.

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Best Wishes, Three Challenges for New Year

This is the final issue of the Los Angeles Business Journal’s weekly edition for 2017.

Clothing Label Reformation Raises $25 Million

LYMI Inc., doing business as clothing label Reformation, raised $25 million in Series B funding last week.

Reinvention Will Be Key to Solutions on Housing

Whether you live in Los Angeles or build here, there are many new demands on your residential experience.

LABJ FORUM: New Guidelines for Conduct

Widespread allegations of sexual harassment and assault have surfaced in the business and political worlds over the past several months, so the Business Journal asks: Is your company planning to update its workplace sexual harassment policies or hold additional training?

Times Square Feel for Downtown?

HOTELS: Figueroa to get prominent LED displays

Developers’ bold vision around DTLA’s convention area aligns with city’s push to increase hotel rooms.

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LA Weekly Vs. New Alternative

MEDIA: Social media blitz aims to oust new owners

Social media boycott spells trouble for new owners of L.A. Weekly; leads to event cancellation.

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Torrance Aerospace Firm ACTA Acquired

Georgia tech company buys Torrance aerospace firm.

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Big Chunk of Vernon Cold Storage Changes Hands

Nearly 1 million square feet of cold storage space trades in Vernon to growing warehouse company.

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