Staff Reporter (Retail, Nonprofits)
Chatsworth-based aerospace manufacturer Ontic has signed a licensing deal with Honeywell to assemble and sell the company’s legacy aircraft windshield wipers.
PCF Insurance Services in Woodland Hills has been acquired by HGGC, a middle-market private equity firm in Palo Alto.
Infant services platform Tot Squad in Sherman Oaks has sold its baby equipment cleaning business to BabyQuip, a rental service for baby gear based in the Bay Area.
Marcus & Millichap Inc. has acquired Metropolitan Capital Advisors, a commercial real estate finance intermediary in Dallas.
The Ronald Reagan Presidential Library and Museum in Simi Valley is trying to shore up donations to compensate for hundreds of thousands of dollars in lost revenue resulting from the COVID-19 outbreak.
Santa Clarita oil and gas company California Resources Corp. said it will “consider all options” to get through the slump in oil prices.
Cheesecake Factory Inc. has furloughed about 41,000 hourly restaurant employees and cut executive salaries by 20 percent, according to an SEC filing released Friday by the Calabasas restaurant operator.
Cheesecake Factory Inc. has notified its landlords that it won’t pay rent on April 1 due to financial complications stemming from the coronavirus outbreak.
Grocers in the Valley region are beginning to see a return to regular operations after being hammered in recent weeks by huge crowds and product sellouts prompted by the coronavirus scare.
The coronavirus pandemic has curbed travel as people shelter in place, resulting in a nightmarish situation for hotels and their employees.
Los Angeles County and city officials released emergency orders to close nonessential businesses and keep residents in their homes to prevent the spread of coronavirus.
While most of the Valley region’s retail sector has temporarily shut down amid the coronavirus outbreak, grocery stores are busier than ever as throngs of shoppers stock up in preparation for days or weeks spent at home in self-quarantine.
L.A. Mayor Eric Garcetti has mandated temporary restrictions for retail businesses within the City of Los Angeles to help prevent the spread of coronavirus.
Photobook printer adjusts model to find profitability.
Artkive prints hardcover scrapbooks of user-submitted photos.
E-tailer to stand up Antelope Valley warehouse.
The world’s biggest online retailer is establishing a distribution presence in the Antelope Valley.
Beauty products manufacturer Cosmetic Laboratories of America has been acquired by Knowlton Development Corp. in Quebec, also a maker of cosmetic and personal care supplies.
Glendale-based California Credit Union has expanded into Orange County with a new branch in Santa Ana.
RESTAURANTS: Chain leaves franchisees ‘in a lurch’ amid restructuring campaign.
Burgerim tries to restructure after corporate collapse.
Software firm Autodesk’s $1 million backs project.
California State University – Northridge announced it will create a Center for Integrated Design and Advanced Manufacturing
Law Special Report
Brian Koegle’s specialty focuses on statutory and case law at both the state and federal courts on employment codes.
Recipients include food banks, Boys & Girls Club.
The Conejo Simi Moorpark Association of Realtors has announced that its public benefit foundation gave $30,000 to local charities and high school students in 2019.
Nonprofit reorganizes finances, eliminates debt.
Bottom-line focus makes MEND sustainable.
Amazon.com Inc. has announced it will open a Delivery Services Partners center in Palmdale before the end of this year.
Unibail-Rodamco-Westfield has amended its plans for the Promenade 2035 project, which aims to overhaul the Woodland Hills shopping mall into a 34-acre mixed-use center featuring street-side retail stores and restaurants as well as apartments, hotels and an entertainment stadium.
Woodland Hills-based Gaspar Insurance Services has opened new offices in Simi Valley
French outsourcing services company Teleperformance USA-FHCS is shuttering its Burbank office, according to a filing with the California Employment Development Department.
The owners of a Santa Clarita radio station were among hundreds of passengers released this weekend from the quarantined Diamond Princess cruise ship, on which hundreds of cases of the coronavirus have been confirmed.
West L.A. Council wants directors to reflect market.
The Boy Scouts of America look to diversify its local governance board and raise presence in greater Valley region.
Grants support ‘continuum of care’ at Valley organizations
Northridge Hospital Medical Center has awarded grants to three Valley nonprofits
Princess Cruises on Monday confirmed an additional 65 people on the quarantined Diamond Princess cruise ship in Yokohama, Japan have tested positive for Coronavirus, bringing the total number of cases onboard to 135.
Princess Cruises has quarantined its Diamond Princess ship in the port of Yokohama, Japan, after Japanese officials found several guests tested positive for Coronavirus.
NBCU platform announces pricing and programming.
NBCUniversal revealed at an investor’s conference last month new information regarding its streaming platform Peacock
AUTOMOTIVE: Former owners of Universal City Nissan claim Carlos Ghosn and cronies pushed them out.
Local auto franchisee claims former Nissan chief executive Carlos Ghosn and his cronies forced it to sell dealerships.
TRANSITION: What will become of center without partner Kobe Bryant?
What will become of Mamba Sports Academy in Newbury Park without partner Kobe Bryant?
Ad company gets user data through streaming channel.
Bold Screen Media in Thousand Oaks is bringing short-form women’s lifestyle video content to your big screen TV.
College savings app ramps up in North Hollywood.
College savings app U-Nest gets $3.5 million in venture capital investment.
Ships take small groups to rugged destinations for a higher price.
Viking Cruises launches “Expeditions” division with smaller ships and extreme locations.
Asgn Inc. in Calabasas announced the acquisition of Blackstone Federal, a subsidiary of Blackstone Technology Group that does contract work for the Department of Homeland Security.
Home goods retailer Bed Bath & Beyond has released a list of 40 store locations across the country that “have already closed or will close in 2020.” The good news for the Valley area: the list includes no local stores other than already-shuttered outlets at 19211 Golden Valley Road in Santa Clarita and 17401 Ventura Blvd. in Encino.
College savings app U-Nest has announced an investment of $3.5 million from Northwestern Mutual Future Ventures.
Pier 1 Imports stores in Northridge and Thousand Oaks are among the 450 across the country that will close in the coming months.
Velocity Financial Inc. in Westlake Village went public on the New York Stock Exchange.
Viking Cruises officially unveiled its “Expeditions” division and named two new ships at an event at the Beverly Hilton hotel in Beverly Hills.
GreenPark Sports in Calabasas has signed a partnership with League of Legends Championship Series, a professional “League of Legends” organization.
H2scan, a Valencia-based maker of hydrogen sensors, has announced a $13.5 million capital raise from two financers.
Burbank’s Entertainment Partners, a payroll and software company for the entertainment industry, announced Tuesday that it has acquired SyncOnSet Technologies, another film software company based in Culver City.
Five Point Holdings has sold the first 781 homesites at its new Valencia community formerly known as Newhall Ranch, the company said Monday.