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Store owner Robert Blue, who had been holding out against the $400 million Hollywood and Vine development (the one featuring a W Hotel), apparently has come to terms with local officials. The Business Journal reports that under terms of the agreement, Bernard's Luggage Co. will be incorporated into the new development. A press conference is scheduled this morning to announce the agreement.

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2:25 PM Fri | Martin Gomez, the head librarian for Los Angeles since 2009, will become vice dean in the USC Libraries on April 2.