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Former TV Exec Keeps Projects in Pipeline

Marisol Acosta Montoya went from ad sales to sewer construction.

Marisol Acosta Montoya never intended to enter the sewer industry.

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Two Brewers Met at the Phone Company

Tap room operators shifted to beer-to-go during pandemic.

Jaime Hernandez and Tony Santa Cruz met at their jobs working for a phone company when they discovered their mutual love of brewing beer.

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Rescue Banking

MANAGEMENT: Tamara Gurney recounts how the PPP program put community bankers on hot seat but they were able to save businesses.

Tamara Gurney of Mission Valley Bank recounts how the institution helped small business with PPP loans.

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Don’t Duplex Your Joint, My Friend

Jamming duplexes into residential neighborhoods won’t help the housing shortage.

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Footprint Overlap

FINANCE: US Bank buys Union Bank; both institutions have large presences in the North Los Angeles market.

US Bank will acquire Union Bank for about $8 billion.

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Netflix Acquires Glendale Game Studio

Netflix Inc. has acquired Night School Studio, an independent video game developer.

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US Bancorp to Buy Union Bank for $8 Billion

U.S. Bancorp, parent of US Bank, will acquire MUFG Union Bank for about $8 billion, the companies announced.

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Mayor’s Fund Bestows Grants to 12 Chambers in Valley Region

The Mayor’s Fund for Los Angeles announced last week grants funding several Valley region chambers of commerce as part of its Small Chambers of Commerce Relief Program.

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AI Could Help Your Network

SOFTWARE: Ferret secures funds for reputation platform.

Ferret uses an AI-powered app for people to evaluate the reputations of their social networks.

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Amgen’s Repatha Gets FDA Approval for Children

The Food and Drug Administration has approved Amgen’s drug Repatha for patients as young as 10 years old who suffer from a genetic disorder that causes them to have very high cholesterol levels at a young age, the company announced.

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Staff Shortage Confronts Valley Nursing Homes

LIST: Skilled positions take longer to fill during COVID.

Staff shortage confronts San Fernando Valley nursing homes.

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Kennedy Wilson to Build 589 Residential Units Near Cal State Channel Islands

Kennedy Wilson plans to break ground this quarter on a 589-unit master-planned community in Camarillo.

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LegalZoom and NBA Partner on $6 Million Small Business Program

Online legal technology company LegalZoom.com Inc. in Glendale has teamed up with the National Basketball Association for a multiyear partnership that will begin with a $6 million initiative focused on providing capital and other resources to small businesses.

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Long money recovery

Fewer surgeries, extra costs and staff shortages have left hospitals with deep losses.

Hospitals face long financial recovery from COVID-19 pandemic.

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Budget-Conscious Children’s Fashion

Website sells used apparel curated into outfits at set prices.

Valley resident creates website to sell used children’s apparel at set prices.

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‘Inspirational Women’ Honored at Event

Six Valley area women were feted Thursday at the seventh annual “Inspirational Women’s Reception” by the United Chambers of Commerce.

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Todd Stevens Redux As Oil Firm CEO

Former head of CRC gets $500 million from Kayne Anderson.

Former California Resources Corp. chief executive creates a startup to develop oil, gas assets.

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Mergers Make Sense for Neighboring Chambers

LIST: Business organizations combine to enhance events and lobbying power.

Mergers make sense for neighboring chambers.

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Restaurant Panel Discusses COVID Impacts

The Association for Corporate Growth held a panel with four local restaurant executives to discuss the long-term impacts of the COVID-19 pandemic on the industry.

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L.A. City Council Takes First Vote for Vaccine Mandate

Los Angeles City Council on Wednesday held its first vote on an ordinance that would require proof of vaccination for patrons to enter many businesses, including restaurants, gyms, salons and movie theaters.