Andrew Foerch

Staff Reporter (Retail, Nonprofits)

Email: afoerch@sfvbj.com
Phone: 818-316-3130 Extension: 124

Recent Stories

Insurance Agents Arraigned in Theft Scheme

Two Valley-area insurance agents were arraigned this week on multiple counts of grand theft.

Burbank Cracks Down on Bar for Ignoring Health Orders

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.

Moderna Hires Amgen Executive as Chief Commercial Officer

Corinne Le Goff, a former executive at Amgen Inc., has been hired by Moderna Inc.

Black Angus Scales Down Operations in Pandemic

Black Angus Steakhouse has temporarily shuttered more than half its restaurants across the Western U.S.

Princess Cruises Extends Sailing Pause

Princess Cruises has again postponed the resumption of cruising activity, this time through May 14.

Tease photo

Avery Dennison Spends $88 Million to Buy ACPO

Avery Dennison Corp. has acquired ACPO Ltd., an Ohio-based manufacturer of pressure-sensitive labels and industrial tapes, for $87.6 million.

The Man With an Investment Plan for 2021

Tony Battaglia, branch manager at Raymond James’ Woodland Hills office, discusses risk assessment.

Tony Battaglia believes in the power of a plan.

Mortgage Brokers’ Bonanza

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.

Casa Pacifica Moves to New Offices in Camarillo

Space consolidation saves for community programs.

Casa Pacifica has found a new home for its community-based programs.

Streamer Channel Showcases Kids in the Spotlight

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.

Cronies Sports Bar Defies COVID Crackdown

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.

Corporate Strength Can Help Operators in Crisis

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.

HBO Movie Set on Cunard Ship QM2

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.

AROUND THE VALLEYS

AROUND THE VALLEYS

State Small Business Fund Opens for Grant Applications

The state of California’s $500 million Small Business COVID-19 Relief Grant Program has opened its first round of applications

Sterling Healthcare Acquires Negotiator

Sterling Healthcare Logistics in Calabasas has acquired ABS Vaccines, which operates as a contract negotiator between health care providers and drug manufacturers or vendors.

Burbank's Quanta in Reverse Merger With Medolife Rx

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.

Guitar Center Emerges from Chapter 11

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.

Alex Padilla Appointed to U.S. Senate

Gov. Gavin Newsom has chosen Secretary of State Alex Padilla to replace Kamala Harris in the U.S. Senate.

Tease photo

Federal Stimulus Package Reopens PPP

Leaders of the U.S. Senate on Sunday announced a deal with the House of Representatives to pass a $900 billion economic stimulus package.

AI Company Eta Compute Raises $12.5 Million

Westlake Village tech firm Eta Compute Inc. has raised $12.5 million in a Series C round led by Synaptics Inc. in San Jose.

Farmers Insurance Buys MetLife Auto & Home

A subsidiary of insurance carrier Farmers Group Inc. will acquire MetLife Auto & Home, the property and casualty division of MetLife Inc.

Public-Private Coalition Launch ‘Safer at Work’ Campaign

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 Acquires Germany’s Telerob

AeroVironment Inc. this week announced it has acquired Telerob, a German company that makes remote-controlled ground robots and intelligent robotics systems.

Judge Calls Outdoor Dining Ban ‘Unenforceable’

A Los Angeles County Judge Tuesday tentatively ruled the county’s Public Health Department “acted arbitrarily” in implementing a prohibition on outdoor dining.

Restaurants Protest, Defy Outdoor Dining Ban

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.

Insomniac Games Plays into Sony’s PS5 Launch

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.

AROUND THE VALLEYS

AROUND THE VALLEYS

Skateland Turns to Homeless Facility

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.

Arcutis Jumpstarts Year With $159 Million IPO

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.

Amazon Fresh Supermarkets Flourish in Valley

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.

Business Gets Vocal on Outdoor Dining Ban

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.

Coty Buys a Piece of the Kardashian Brand

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.

Celebrity Taco to Benefit Nonprofit

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.

Cheesecake Factory Settles for Misreporting Pandemic’s Impact

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.

Chick-Fil-A Opens in Woodland Hills

Fast-food chicken chain Chick-Fil-A opened a new restaurant Thursday at 20101 Ventura Blvd. in Woodland Hills.

MannKind Alters Credit Facility

MannKind Corp. announced Tuesday that it has changed the terms of its credit facility with MidCap Financial Trust.

Santa Clarita Small Businesses Get Microgrants

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 Advocates Speak Out Against Outdoor Dining Ban

Business groups publicly complained Wednesday about L.A. County’s order to stop outdoor dining.

Princess Extends Horizon to Renew Cruises

Princess Cruises announced it will extend its pause on cruising activity through March 31.

Restaurants Question L.A. County's Shutdown of Outdoor Dining

Los Angeles County health officials have announced that outdoor dining at food-service businesses will be prohibited, a decision questioned by the restaurant sector.

Guitar Center Files for Chapter 11

Guitar Center filed on Sunday for Chapter 11 protection from creditors.

‘Intersecting Crises’

PROFILE: Incoming CSUN president Erika Beck talks about how online work and learning impact education.

Interview with Erika Beck, the incoming president of California State University – Northridge.

Lawyers See Flood of Bankruptcies in Early 2021

ECONOMY: Filings a ‘trailing indicator’ of pandemic’s havoc.

Lawyers expect a wave of bankruptcies to be filed in early 2021.

LISC Manages $103 Million in Business Grants

Valley companies benefit from recovery fund.

By the end of 2020, the Los Angeles branch of the nonprofit financial institution Local Initiatives Support Corp., or LISC, will have distributed roughly $103 million in grants to local small businesses

Advocate Seeks Change in the Valley Via 501(c)(3)

Daily protests in Sherman Oaks spawn organization.

Latora Green has been protesting police brutality and institutional racism on the steps of the Sherman Oaks Galleria for 176 consecutive days.

Preview: Lawyers See Flood of Bankruptcies in Early 2021

Bankruptcy filings could reach a historical high next year as the coronavirus pandemic continues to wreak havoc on business operations in nearly all industries.

Amazon Fresh Opens in North Hollywood

Amazon.com Inc. opened an Amazon Fresh grocery store in North Hollywood.

Encino Couples Charged with Defrauding PPP Program

Two Encino couples were charged Tuesday for allegedly submitting dozens of fraudulent loan applications to the Small Business Administration.

Dine Brands Selects John Peyton as Chief Executive

IHOP and Applebee’s parent company Dine Brands Global Inc. in Glendale announced on Tuesday the selection of John Peyton as its next chief executive. Peyton will replace current chief executive Steve Joyce effective Jan. 4.

Tease photo