SFV BUSINESS JOURNAL DAILY NEWS

Valley Retailers Prepare for Protests

Panorama City Mall was scheduled to reopen for in-store shoppers on Monday but was forced to postpone due to protests taking place near the property.

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Coronavirus Slams Salem Media Quarterly Results

Salem Media Group Inc. badly missed Wall Street expectations on earnings and revenue for the first quarter as the coronavirus impacted its business, but its shares gained more than 9 percent.

22-Unit North Hills Multifamily Sells for $4.7 Million

Kelly Morgan Commercial Group at KW Commercial has transacted the sale of 8805 Orion Ave., a 22-unit multi-family property in North Hills, for $4.7 million.

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L.A. County's Record High Unemployment

Job losses in hospitality, retail sectors drive down average.

Business Events Calendar

Business Events throughout the Valleys.

Dine Brands Searches for Next CEO

Dine Brands Global Inc. announced Thursday it has started a search for its next chief executive.

Kaiser Permanente Releases ‘Playbook’ for Businesses on Coronavirus Compliance

Health care system Kaiser Permanente has released a 98-page “playbook” for businesses returning to the office, with insight from the Centers for Disease Control and Prevention and Occupational Safety and Health Administration, as well as state and county health departments.

Promenade 2035 Project Passes Planning Commission With Unanimous Vote

Westfield’s Promenade 2035 project has passed an important milestone after a unanimous vote during its entitlements hearing with the Los Angeles City Planning Commission.

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Marcus & Millichap to Lay Off 175 Staffers

Calabasas-based brokerage Marcus & Millichap Inc. will lay off 175 salaried employees, or 20 percent of its 877-person workforce, as the coronavirus outbreak ripples through the commercial real estate industry.

Woodbury Named ‘College of Distinction’

For the sixth consecutive year, Woodbury University in Burbank has been recognized as a “College of Distinction.”

Westfield’s Woodland Hills, Valencia Shopping Centers to Reopen June 3

Westfield Topanga & The Village in Woodland Hills and Westfield Valencia in the Santa Clarita Valley will reopen June 3.

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Simulations Plus Wins $400,000 FDA Grant

Lancaster biotech Simulations Plus has won a $400,000 grant as part of a cooperative agreement with the U.S. Food and Drug Administration, the company said in a statement Thursday.

Semtech Beats Forecasts, Sees More Demand Despite 'Headwinds'

Semtech Corp. beat Wall Street expectations on adjusted earnings and revenue in the fiscal first quarter.

Loop Media to Distribute Drone Videos

Short-form video distributor Loop Media Inc. has signed a partnership agreement with Drone TV, a streaming channel for aerial videos from around the world.

New Waste-to-Energy System to Explore Sites in L.A.

A new waste-to-energy technology, looking to set up shop at some landfill site in Los Angeles, has gotten a letter of support from Los Angeles County.

SecureSpace Self Storage Opens in Camarillo

SecureSpace Self Storage has announced the grand opening of a new self storage facility in Camarillo.

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ServiceTitan Buys New York Company

ServiceTitan, the software developer for contractors, has acquired Pointman, a similar company that allow contractors to access data in the field using a mobile device.

State Rules on How Non-Essential Offices, Retailers Can Reopen

Gov. Gavin Newsom announced an amended Safer at Home Order for the state, giving non-essential office-based businesses the green light to reopen, as well as retail establishments for in-person shopping and places of worship.

Terasaki Institute to Move into Former Weider Building

The Terasaki Institute, a Los Angeles biotech nonprofit, plans to transform the former Weider Health and Fitness Center into a biomedical research and development facility.

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Van Nuys Multifamily With 96 Units Sells for $19 Million

A 96-unit apartment building in Van Nuys has sold for just over $19.3 million, or $200,337 a unit.

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