Nov 15 2011

$20 million in inventory

GARDEN GROVE, Calif.—Garden Grove-based Linder’s Furniture confirmed today it is going out of business.

On Nov. 2, the company entered into a “general assignment for the benefit of creditors,” an alternative to bankruptcy, and will start a going-out-of-business sale on Thursday at its 10 Southern California stores, said Craig Venezia of the Gorden Brothers Group, which will handle the liquidation.

Nov 15 2011

Orange County continues downfall

LOS ANGELES, Calif.—Home sales in Los Angeles County jumped by 6.6 percent in October, compared to the same month a year ago, while prices dipped by 7.7 percent, a real estate information service announced today.

A total of 5,830 homes changed hands locally last month, compared to 5,470 in October 2010, according to La Jolla-based DataQuick. The median price of a home in Los Angeles County in October was $300,000, down from $325,000 in October 2010.

Nov 11 2011

CODA Automotive

LOS ANGELES, Calif.—Electric vehicle maker CODA Automotive opened its global headquarters at an event held yesterday that drew Gov. Jerry Brown and Mayor Antonio Villaraigosa.

The 100,000 square-foot space next to the Santa Monica (10) Freeway near Fairfax Ave. will house the company’s research and development division, and processing center.

Oct 27 2011

Julia’s Hair Weev relaunches itself

Many women in Los Angeles know Julia Jones as the undisputed “hair-weave queen” because she founded Julia’s Hair Weev Salon in Los Angeles, California “with a penny and a prayer,” and developed a unique style of hair care more than 40 years ago.

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