Staff Reporter (Retail, Nonprofits)
A Teledyne Technologies Inc. subsidiary last week won an $18 million contract to build missile modules for the U.S. Navy.
PROFILE: Todd Stevens, former chief executive of California Resources, looks back at his tenure.
West Point graduate and former Army officer Todd Stevens became the first chief executive of California Resources Corp. in 2015 when the company spun off from Houston-based Occidental Petroleum.
Cal Lutheran grad student suggests plan for sector in Pasadena.
After nearly 10 months of disrupted sales and government-mandated lockdowns, Pasadena’s restaurant industry faces a long road to recovery.
Guitar Center has ‘operational flexibility’ after Chapter 11.
In December, just a month after filing to reorganize under Chapter 11, Guitar Center Inc. emerged with a balance sheet lighter by about $800 million in debt.
Former Walmart executive to open franchise in Valley.
A former Walmart de Mexico executive is bringing a new home flooring franchise to the San Fernando Valley.
20 restaurants temporarily shut due to coronavirus.
Black Angus Steakhouse has temporarily shuttered more than half its restaurants across the Western U.S. due to the coronavirus and resulting business restrictions.
FOOD: Unreal Deli breaks into the substitute meat business with help from investor Mark Cuban.
When Jenny Goldfarb went vegan, the New York native wanted to find a way to replicate her favorite corned beef without animal byproducts.
Todd Stevens, former chief executive of California Resources, looks back at his tenure.
Ventura County has sued six businesses for operating in violation of health and closure orders.
Two Valley-area insurance agents were arraigned this week on multiple counts of grand theft.
The City of Burbank on Tuesday has notified Tin Horn Flats Bar & Grill that the conditional use permit allowing it to operate could be revoked if it does not comply with pandemic-time restaurant restrictions.
Corinne Le Goff, a former executive at Amgen Inc., has been hired by Moderna Inc.
Black Angus Steakhouse has temporarily shuttered more than half its restaurants across the Western U.S.
Princess Cruises has again postponed the resumption of cruising activity, this time through May 14.
Avery Dennison Corp. has acquired ACPO Ltd., an Ohio-based manufacturer of pressure-sensitive labels and industrial tapes, for $87.6 million.
Meryl Streep aboard to film the literary drama ‘Let Them All Talk.’
Cunard’s flagship ocean liner Queen Mary 2 is making waves in Hollywood.
Tony Battaglia, branch manager at Raymond James’ Woodland Hills office, discusses risk assessment.
Tony Battaglia believes in the power of a plan.
In midst of pandemic, low interest rates foster home-buying and refinance surge.
The coronavirus pandemic and efforts to suppress it have shaken the national housing market – and given some segments a considerable boost.
LIST: Food service firms account for most names on Business Journal’s directory.
Franchised restaurants, often with strong brand recognition and support from well-capitalized corporate owners, may seem better equipped than independent restaurants to survive a crisis such as the coronavirus pandemic, but that assumption isn’t always true.
Space consolidation saves for community programs.
Casa Pacifica has found a new home for its community-based programs.
RESTAURANT: Agoura Hills watering hole racks up fines, loses permits and licenses.
Cronies Sports Bar and Grill, nestled in the Agoura Meadows Shopping Center at 5687 Kanan Road, entered the national spotlight last month as one of the first restaurants to openly defy Los Angeles County’s outdoor dining ban and continue serving patrons on site.
IndieFlix to feature short films made by foster youth.
More than 70 films written and directed by foster youth as part of an educational program run by a Burbank nonprofit have become available for public viewership for the first time.
The state of California’s $500 million Small Business COVID-19 Relief Grant Program has opened its first round of applications
Sterling Healthcare Logistics in Calabasas has acquired ABS Vaccines, which operates as a contract negotiator between health care providers and drug manufacturers or vendors.
Quanta Inc. in Burbank has agreed to acquire a 51 percent stake in Medolife Rx, a Wyoming company that uses patented polarization technology to make anti-viral and immune-boosting therapeutics.
Just a month after filing to reorganize under Chapter 11, Guitar Center Inc. has emerged after ridding its balance sheet of about $800 million in debt.
Gov. Gavin Newsom has chosen Secretary of State Alex Padilla to replace Kamala Harris in the U.S. Senate.
Leaders of the U.S. Senate on Sunday announced a deal with the House of Representatives to pass a $900 billion economic stimulus package.
Westlake Village tech firm Eta Compute Inc. has raised $12.5 million in a Series C round led by Synaptics Inc. in San Jose.
A subsidiary of insurance carrier Farmers Group Inc. will acquire MetLife Auto & Home, the property and casualty division of MetLife Inc.
A coalition of government agencies and business groups in Los Angeles County have launched the “Safer at Work” campaign to encourage companies, workers and customers to follow best practices to stop the spread of COVID-19 in the workplace.
AeroVironment Inc. this week announced it has acquired Telerob, a German company that makes remote-controlled ground robots and intelligent robotics systems.
A Los Angeles County Judge Tuesday tentatively ruled the county’s Public Health Department “acted arbitrarily” in implementing a prohibition on outdoor dining.
Tensions about the state of California’s ban in the Southern California region on outdoor dining are reaching a boiling point, with some restaurant owners openly defying the regulation they see as unfair and hypocritical.
RETAIL: Advocates point to lack of data for regulations.
an Fernando Valley restaurants are reeling after L.A. County health officials ordered a temporary prohibition on outdoor dining, a decision that drew strong criticism from business and public policy leaders.
Console marketing features ‘Miles Morales,’ ‘Rift.’
Video games made by a Burbank development studio played a central role in the launch of Sony Corp.’s next-generation PlayStation 5 console.
Makeup firm pays $200 million for stake in KKW Beauty.
Kim Kardashian West’s Woodland Hills cosmetics company KKW Beauty Inc. achieved a valuation of $1 billion this June when the model and reality television star sold a 20 percent stake for $200 million.
Skin treatment startup looks past pandemic to launch first product.
In January, dermatology research company Arcutis Biotherapeutics Inc. raised $159 million when its stock debuted on the Nasdaq for $17 a share.
E-commerce giant fills storefronts to test format.
The San Fernando Valley has emerged as Amazon.com Inc.’s chosen testing ground for its new Amazon Fresh grocery concept.
Hope of the Valley to buy the closed rink in Northridge.
The owners of iconic Northridge roller skating rink Skateland have announced they plan to sell the property at 18140 Parthenia St. to homeless services nonprofit Hope of the Valley, which will transform the building into a bridge housing facility.
Foo Fighters’ singer Dave Grohl designs charity menu items.
Sherman Oaks restaurant Casa Vega has partnered with big name rock stars to design limited edition tacos, the sales of which will benefit a local charity.
The Securities and Exchange Commission has settled charges against Cheesecake Factory Inc. for misreporting the impact of the coronavirus on its business operations and finances.
Fast-food chicken chain Chick-Fil-A opened a new restaurant Thursday at 20101 Ventura Blvd. in Woodland Hills.
MannKind Corp. announced Tuesday that it has changed the terms of its credit facility with MidCap Financial Trust.
Officials from the city of Santa Clarita and the Santa Clarita Valley Economic Development Corp. announced 149 local small businesses have been approved for COVID-19 relief grants of up to $5,000.
Business groups publicly complained Wednesday about L.A. County’s order to stop outdoor dining.
Princess Cruises announced it will extend its pause on cruising activity through March 31.
Los Angeles County health officials have announced that outdoor dining at food-service businesses will be prohibited, a decision questioned by the restaurant sector.