NetSol Signs First U.K. Customer for Ascent Platform

NetSol Technologies Inc. has signed a contract valued at about $4 million with an independent used vehicle finance company in the United Kingdom to use its software.

Preview: Complaints Accompany VEDC Chapter 11 Filing

Legal actions look to nonprofit's loans and grants.

Pacoima Credit Union to Merge With Gain Federal in Burbank

Pacoima Development Federal Credit Union has announced it will merge with Gain Federal Credit Union, based in Burbank, effective July 29.

Tease photo

New Law Requires SoCal Edison Customers to Pay Billions into Wildfire Fund

A bill signed into law July 12 by Gov. Gavin Newsom will require Southern California Edison customers to pay more than $3 billion toward a wildfire fund.

Fintech Firm ZestFinance Partners With Brazilian Retailer

Burbank fintech firm ZestFinance has partnered with Via Varejo, a Brazilian consumer electronics retailer.

VEDC Continues Operating After Court Approval

In a court hearing Wednesday, Central District of California Judge Deborah Saltzman approved several emergency “first day” motions that will keep the Valley Economic Development Center operating after its Chapter 11 bankruptcy filing last week.

Logix Credit Union Opens Tarzana Branch

Logix Federal Credit Union has opened a new full-service branch at 18700 Ventura Blvd. in Tarzana.

Labor Federation Endorses Strike Vote for Grocery Workers

The Los Angeles County Federation of Labor on Monday endorsed a potential strike by supermarket workers, which could include picket lines and boycotts.

L.A. County Unemployment Rate Dips Lower

L.A. County’s unemployment rate dipped slightly last month to 4.5 percent.

Logix Credit Union Opens Branch in Santa Clarita

Logix Federal Credit Union has opened its newest branch at Bridgeport Marketplace in Santa Clarita.

Tease photo

Wells Fargo Names Regional Leaders for Commercial Division

Wells Fargo Bank has announced leadership changes to the Los Angeles area’s newly integrated commercial banking division, including naming Stender Sweeney as division executive.

Preview: Farmers Flips Learning Switch

INSURANCE: Virtual reality aids in employee training program.

Business Coalition Rallies to Amend Dynamex

A coalition of business owners and independent contractors in the Valley area, Pasadena and Burbank held a press conference this morning urging legislators to amend the Dynamex court decision.

Tease photo

BlackLine to Open Northern California R&D Office

BlackLine Inc. will open an office next month in Pleasanton to tap into the resources of the tech scene in Silicon Valley.

Wesco, BlackLine Beat Wall Street Expectations

Both Wesco Aircraft Holdings Inc. and BlackLine Inc. beat Wall Street estimates for the second quarter.