B. Riley Merges Small Cap Investment Banks

B. Riley & Co. and FBR Capital Markets & Co. have merged and will now be known as B. Riley FBR Inc., it was announced Wednesday.

Marijuana Firm Secures $2.9 Million Investment

Marijuana industry services firm PayQwick has received $2.9 million in funding, the company announced.

Ventura County Economy in Decline

Ventura County’s economy has declined due to job losses in high-paying industry sectors, with only low-paying jobs increasing, according to the California Lutheran University Center for Economic Research and Forecasting, which reported its economic forecast for 2018 in Ventura County at the Serra Center in Camarillo Thursday.

L.A. County Unemployment Rises Despite Job Gains

L.A. County’s unemployment rate inched up to 4.9 percent in September from 4.8 percent in August even as employers in the region added 43,500 jobs to their payrolls, the state reported Friday.

VICA Conference Features Economic Forecast

The Valley Industry Commerce Association presented its annual economic forecast Friday at the Hilton Los Angeles in Universal City.

BankCard USA Relocating to Westlake Village

BankCard USA Merchant Services in Agoura Hills will relocate to Westlake Village early next year, according to Westcord Commercial Real Estate Services in Westlake Village.

Preview: Retirement Funds Feature Bitcoin

Metal seller Goldco turns to virtual currencies.

Woodland Hills Collection Agency Relocates

Caine & Weiner Inc., an accounts receivables and collections service in Woodland Hills, will move its national headquarters to San Fernando, according to CBRE Group Inc.

Pacoima Credit Union Launches Microloan Program

Back from the brink of closure, the Pacoima Development Federal Credit Union has launched a new microloan program for entrepreneurs and small businesses located in Pacoima and the San Fernando Valley.

Sierra Bancorp Buys Ojai Bank

Sierra Bancorp has completed its acquisition of OCB Bancorp, parent of Ojai Community Bank, in a deal valued at $36 million.

Report: Slow Job Growth in Region

Job growth in Los Angeles slowed last year, according to a report from Beacon Economics.

Valley Economic Alliance Sponsors Credit Union

The northeast San Fernando Valley’s only credit union has been saved from closure by a sponsorship from the Valley Economic Alliance, a nonprofit based in Sherman Oaks.

Forecast: Economic Growth Slowing in California

A chokehold on housing development threatens to knock California from its position as a national leader for economic growth, according to a report published Thursday by the Center for Economic Research and Forecasting at California Lutheran University.

L.A. County Unemployment Rises to 4.8 Percent

L.A. County’s unemployment rate rose to 4.8 percent in August from a historic low of 4.5 percent in July as more people hunted for work while the region’s job creation slowed.

Former Toyota, BMW Execs Join NetSol Advisory Board

NetSol Technologies Inc. has appointed former Toyota Leasing executive Henry Tolentino and former BMW executive Georg Bauer to its advisory board, the company announced Thursday.