Los Angeles Business Journal

James Rufus Koren is a finance reporter covering the banking industry.

Prior to joining the Business Journal, he covered state and local politics for several daily newspapers in Southern California. He is a graduate of the University of Southern California. He can be reached at 323-549-5225, ext. 225, or by email: jrkoren@labusinessjournal.com.

Recent Stories

Snack Maker Chips In With Healthy Line

Quest Nutrition’s new products offer buyers taste of protein.

Quest Nutrition hopes for healthy returns from its new milk protein-based chips.

Wedbush Responds to Regulatory Complaint

Downtown stock brokerage Wedbush Securities in Los Angeles has responded to a financial industry group’s allegations of problems in its market access operations over the past several years.

Ratings Agency Plans to Test Insurers’ Reserves

INSURANCE: CEO at parent of companies says rapid growth helped spur review.

Two insurance companies owned by Malibu billionaire Don Hankey are under review by ratings agency A.M. Best Co., which said it is concerned that the insurers might not have enough reserves to keep pace with their growth.

Case Maker Has Luggage In the Bag

Pelican Products looks to secure new market with sturdy approach.

Security case maker Pelican Products has a brand new bag: luggage.

Banks Now Seek More of CEOs

LENDING: Longer deals take hold at Koreatown institutions.

Some Koreatown banks have broken with a long tradition of short contracts for CEOs.

Great American Reports Smaller Loss

Great American Group lost money in the quarter ended June 30, but it indicated Thursday that it could swing to a profit now that it’s combined with West L.A. investment bank and brokerage B. Riley & Co.

Surf Air Announces Expansion

Santa Monica startup airline Surf Air has announced big expansion plans, including the addition of as 15 new planes to its fleet and as many as 13 new destinations.

Brand Licensor’s Shares Climb as Dividends Fall

APPAREL: Cherokee’s expansion plan proves good fit on Wall Street.

Brand licensor Cherokee’s expansion plan grows on investors despite a dip in dividends.

Sharing Athletic Spirit

From soap opera extra to crew director, Steven Barber has had every job in the “biz” over the past 25 years.

Tease photo

Betting on Risk

LENDING: Celtic Capital spins off from bank parent PacWest in order to maintain focus on high-risk asset-based loans.

Principals at newly spun-off Celtic Capital see the risky asset-based loan business as a safe bet.

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