Joel Russell is editor of the Business Journal and is responsible for the content of the publication.
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A Northridge man has received 21 years in federal prison for a scheme in which credit card and bank loan scheme that took money from banks, credit card comapnies, car dealerships and utility companies.
A division of staffing and technology consulting firm ASGN Inc. has won a contract to develop a legacy consolidation system for military health records.
California Resources Corp. filed its first-quarter financial results with the Securities & Exchange Commission on Thursday with the caution that management has “substantial doubt” about the company’s ability to continue as a going concern.
Teledyne Technologies has joined the S&P 500 Index, according to S&P Dow Jones Indices in New York.
Loop Media Inc. has implemented a 1-for-1.5 reverse stock split of its shares after completing its previously announced reverse merger with Interlink Plus in Nevada.
On Thursday, employees of AMS Fulfillment in Valencia participated in a “March for Change” from the company’s headquarters building to a nearby warehouse.
Shares of Limoneira Co. gained Wednesday, even though the company reported lower revenue and a net loss the previous day.
New book retraces colorful past of 101 Freeway, ‘El Camino Real.’
New book traces the colorful history of the 101 Freeway.
Endonovo Therapeutics Inc. has arranged an equity purchase agreement with Cavalry Fund I, under which Endonovo will sell up to $10 million in shares during the next 24 months.
American Homes 4 Rent has appointed Kenneth Woolley as independent chairman of the board.
The California State University system plans to cancel nearly all in-person classes in the fall and move classes online, Chancellor Timothy White announced Tuesday.
The Greater San Fernando Valley Chamber of Commerce announced Monday it has joined America’s Recovery Fund Coalition, an alliance of more than 100 trade associations and business organizations advocating for a grant-based federal assistance program for businesses.
Both Public Storage and ASGN reported higher earnings despite coronavirus impact late in first quarter.
PS Business Parks Inc. announced last week that John Petersen, the company’s chief operating officer, was appointed interim chief executive officer while Chief Executive Maria Hawthorne takes a medical leave of absence.
Blockchain Brain Trust
Blockchain investment firm Draper Goren Holm welcomes new partner.
A Fast Repurchase Plan
LTC Properties Inc. reverses direction on share repurchase program.
A look at how specific industries rethink processes and products to survive and prosper in the coronavirus outbreak.
By now, Business Journal readers have recognized the disruption caused by the health crisis.
Court delivers $268 million award in international dispute.
Mann Foundation wins patent case – and a $268 million award.
AeroVironment Inc. has landed a $10.7 million contract for its Puma 3 drones from the U.S. Navy and Marine Corps.
Nancy Hoffman Vanyek, chief executive of the Greater San Fernando Valley Chamber of Commerce, issued a call for help in securing financial help for business advocacy organizations dealing with the coronavirus outbreak.
Ventura County has ordered certain businesses to close and elderly residents to stay at home to slow the spread of coronavirus, effective Wednesday.
Doll Maker’s Threepeat
“It’s a threepeat!” exclaimed MGA Entertainment Inc. Chief Executive Isaac Larian in a statement about the company’s L.O.L.
Donation supports construction of North Hollywood homeless facility.
“Jeopardy” host Alex Trebek gives money to homeless center.
Universal Studios Hollywood and Universal Orlando Resort announced late Thursday that both theme parks will close in hopes of containing the spread of coronavirus.
Another massive selloff of stocks on Thursday caught Valley restaurant and real estate-related stocks in the downdraft.
The Dow Jones Industrial Average fell more than 2,000 points, or 7 percent, with nearly all Valley companies caught in the downward momentum.
Shares of California Resources Corp. fell 13.6 percent Friday in tandem with lower crude oil prices.
Ace Hardware store skips the ribbon cutting at new location.
Ace Hardware held a grand opening for its new location in Van Nuys
Public companies in the Valley region traded lower on Monday as the Dow Jones Industrial Average plummeted more than 1,000 points.
Drawbridge Realty, a real estate investment firm in San Francisco, has purchased an office campus in Westlake Village that is fully leased to Bank of America through 2031, the company announced Tuesday.
Blackrock Inc., a New York asset management firm, has contributed its 20 percent of outstanding stock in PennyMac Financial Services Inc. to two charities.
PS Business Parks Inc. has purchased two business parks and sold one single-tenant office building.
Technology presents challenges and opportunities for professionals in the financial services sector.
Despite its buttoned-down image, the financial services industry has entered a period of turmoil caused by new technology, consumer expectations and consolidation in addition to regular capital market volatility.
Bryant Riley on Board
Bryant Riley, chairman of B. Riley Financial Inc. in Woodland Hills, has joined the board of Select Interior Concepts Inc.
Citrus company to promote entrepreneurship program.
Limoneira Co. has signed up as a promotional partner for Lemonade Day
A subsidiary of B. Riley Financial Inc. in Woodland Hills and Kayne Anderson Capital Advisors in Los Angeles will provide a $700 million credit facility to finance the buyout of a furniture store chain.
NBCUniversal Chief Executive Steve Burke will step down from his position in 2020 and NBCU executive Jeff Shell is expected to replace him.
Gulfstream Aerospace Corp. announced Wednesday the official opening of a maintenance, repair and overhaul facility at Van Nuys Airport.
Online list features discount private jet opportunities.
Looking for an original holiday gift?
As industries change and merge, so does the motivation for deal-making.
For the San Fernando Valley, 2019 was a year of smaller deals – but lots of them.
Despite the best intentions, sometimes negotiators can never get to a satisfactory resolution.
Deals that didn’t work out this year, including Panavision acquisition.
CSUN President Retires
Cal State Northridge President Dianne Harrison to step down in June.
Sentry Control Systems has been acquired by Skidata, creating the largest provider of parking access and revenue control equipment in the United States.
SoCal Edison to pay $360 million to cities, counties.
Southern California Edison will pay $360 million to settle a lawsuit with 23 public entities
CFO Gets Reassigned
Marcus & Millichap Inc.’s Chief Financial Officer Marty Louie transitions to new role.
Blue Cross Laboratories in Santa Clarita has been acquired by Starco Group of Santa Monica.