SFV BUSINESS JOURNAL DAILY NEWS

Jet Skids Off Runway in Burbank

A Southwest Airlines jet skidded off the runway at Hollywood Burbank Airport Thursday morning amid heavy rains.

Another Q Building Planned for Warner Center

Architecture firm Newman Garrison + Partners has shared its first look at the Q at Erwin, its latest project in a network of mixed-use residential buildings, all called Q, in Warner Center under development by California Home Builders in Canoga Park.

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Kaiser Gives Half Million in Grants to Valley Area Nonprofits

Kaiser Permanente has pledged nearly a half million dollars in grants to Valley area nonprofits to expand community and mental health services.

Valley Bakery Sold to Private Equity Firm

A commercial bakery of pita chips, croissants and bagels has been purchased by a Dallas private equity firm for more than $15 million.

LTC Properties Reports Problem with Renter

A nursing home operator in Texas that leases buildings from LTC Properties Inc. has filed for bankruptcy reorganization, according to LTC. The operator’s rent payments amount to nearly 10 percent of LTC’s revenue.

Scripps Buys Local Media Service Firm

The E.W. Scripps Co. has bought Triton Digital Inc., a local company, for $150 million from private equity firm Vector Capital.

Valley Stocks Drop in Falling Market

A range of companies headquartered in the greater Valley region suffered falling stock prices Tuesday, pulled down by a market that saw the Dow Jones Industrial Index lose nearly 800 points.

Liberman Broadcasting Files Chapter 11 Bankruptcy

Spanish-language broadcaster LBI Media Inc. has filed for voluntary Chapter 11 bankruptcy protection as it goes through a restructuring.

Former Charles Dunn Brokers Join Lee & Associates

Commercial real estate brokers Stacy Vierheilig-Fraser and Todd Wuschnig have joined Lee & Associates - LA North/Ventura as principals, Lee President Mike Tingus announced.

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Report: AeroVironment Moves Headquarters to Simi Valley

AeroVironment Inc. has moved its headquarters to Simi Valley from Monrovia, according to media reports.

Reagan Library Catering Firm Closes

A catering company is shutting down its satellite office at the Ronald Reagan Presidential Library and laying off 26 employees after losing a contract at the facility.

Rexford Industrial Buys Chatsworth Complex for $29.6 Million

Rexford Industrial Realty Inc. announced Monday that it has acquired two industrial properties for $43.5 million, including one in Chatsworth for $29.5 million, or $115 per square foot.

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Valley Business Alliance Sues to End PAGA

The California Business and Industrial Alliance has filed a lawsuit challenging the constitutionality of the California Private Attorneys General Act, or PAGA.

Plaza Opens at NoHo's Lankershim Depot

Los Angeles County Metropolitan Transportation Authority held a ribbon-cutting Thursday for a new landscaped plaza preceding the historic Lankershim Train Depot in North Hollywood.

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Glendale Entertainment Rental Firm to Lay Off 79 Employees

Seventy-nine employees with an entertainment industry rental company in Glendale will lose their jobs as its new owners restructure the business.

Remodel Results in Asbestos Charges Against Tarzana Commercial Landlord

The Los Angeles City Attorney’s office has filed criminal charges against the owner of a Tarzana commercial property and a tenant for violating asbestos removal regulations.

Glendale to Impose Temporary Rent Freeze

The Glendale City Council on Monday approved a two-month rent freeze and directed city staff to prepare a “right to lease” ordinance that would impose new restrictions on landlords.

Caruso Celebrates 20th Anniversary of Commons at Calabasas

Civic and business leaders of Calabasas turned out Wednesday to celebrate the Commons at Calabasas’ 20th anniversary with developer Rick Caruso and his Caruso firm employees.

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L.A. City Council Approves Street Vending Regulations

Los Angeles City Council voted unanimously Wednesday to approve regulations for sidewalk vending.

Semtech Shares Gain on Improved Earnings

Semtech Corp. beat Wall Street expectations of adjusted earnings while matching on revenue in the fiscal third quarter.