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L.A. City Council Discusses Crisis Employment Rules

The Los Angeles City Council, in an emergency meeting Friday, discussed two lightning rod topics within the business community, “Right to Recall” and “Right of Retention” ordinances.

Preview: Tale of Two Clusters

Biotech follows different paths with Conejo Valley startups pursuing new drugs and Santa Clarita companies focused on medical devices.

Disneyland Remains Closed ‘Until Further Notice’

Walt Disney Co. announced Friday that it will keep its theme parks in California and Florida closed indefinitely due to the coronavirus pandemic.

Cheesecake Factory Furloughs 41,000 Employees

Cheesecake Factory Inc. has furloughed about 41,000 hourly restaurant employees and cut executive salaries by 20 percent, according to an SEC filing released Friday by the Calabasas restaurant operator.

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Englander to Plead Guilty to Obstruction

Former Los Angeles City Council member Mitch Englander on Friday agreed to plead guilty to obstructing a federal investigation into his conduct while in office.

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Business Events Calendar

Business Events throughout the Valleys.

Simulations Plus Fast Tracks Coronavirus Research Clients

Simulations Plus is fast tracking its consulting services for businesses working on coronavirus research.

Cheesecake Factory Won't Pay April Rent

Cheesecake Factory Inc. has notified its landlords that it won’t pay rent on April 1 due to financial complications stemming from the coronavirus outbreak.

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Cell Towers Aid in Sale of West Hills Office Building

A 15,025-square-foot office building in the West Hills market has sold for $4.3 million.

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Residential Project in Van Nuys Would Create 124 Apartments

A residential project has been proposed for Van Nuys, located not far from the Van Nuys Metrolink Station.

Glendale: One City Trying to Help Desperate Businesses

While many local governments have done little to support businesses devastated by the coronavirus scare, Glendale on Wednesday announced it has launched a social media campaign to support local businesses by featuring restaurants, groceries and other retailers via Facebook, Twitter, Instagram and LinkedIn.

Groceries ‘Normalizing’ Again

Grocers in the Valley region are beginning to see a return to regular operations after being hammered in recent weeks by huge crowds and product sellouts prompted by the coronavirus scare.

Greater Valley Chamber Issues Urgent Call for Help

Nancy Hoffman Vanyek, chief executive of the Greater San Fernando Valley Chamber of Commerce, issued a call for help in securing financial help for business advocacy organizations dealing with the coronavirus outbreak.

Wealth Managers Advise Anxious Clients to Hang Tight

Shocking plunges in the stock markets in recent weeks have prompted frantic calls from investors to their wealth managers.

Layoffs Coming in Hotel, Restaurant Industries

The coronavirus pandemic has curbed travel as people shelter in place, resulting in a nightmarish situation for hotels and their employees.

Dignity Health, Valley Community Establish Coronavirus Testing Procedures

Valley health care providers are preparing for patients who need the test for the coronavirus.

Investor Pays $2 Million for Jack in the Box Location in Castaic

A private real estate investor has paid $2 million for a retail building in Castaic that has a lease commitment from Jack in the Box through March 2027.

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Valley Leader David Adelman Dies

David Adelman, an attorney who long served the business and nonprofit communities in the San Fernando Valley, has died from pancreatic cancer.

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Economists: Worse than Great Recession; Maybe Depression

Because of the near seizure of the economy prompted by the coronavirus scare, the second quarter may see GDP shrink by 13 percent.

Poll: The Hurt on Small Businesses Now ‘Profound’

About 76 percent of small businesses are being hurt by the coronavirus pandemic, according to a survey put out Monday by the National Federation of Independent Business.

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