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Pier 1 Stores to Close in Northridge, Thousand Oaks

Pier 1 Imports stores in Northridge and Thousand Oaks are among the 450 across the country that will close in the coming months.

New In-Street Dining Permits on Hold in L.A.

Funding for Phase 2 of Los Angeles’ Al Fresco program has run out, resulting in a temporary pause on the issuance of in-street dining permits for restaurants.

Pharmavite Donates $1 Million to LAUSD Food Program

West Hills vitamin manufacturer Pharmavite has donated $1 million to help fund the Los Angeles Unified School District's Grab & Go Food Relief Program.

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Lunch Paid Courtesy of Nature Made

Vitamin firm gives $1 million to aid LAUSD program.

West Hills vitamin brand Nature Made has put forth $1 million to help fund the Los Angeles Unified School District’s Grab & Go Food Relief Program.

Design Gift For CSUN

Software firm Autodesk’s $1 million backs project.

California State University – Northridge announced it will create a Center for Integrated Design and Advanced Manufacturing

Expansion of Valley's Small Business Relief Fund

L.A. City Council member John Lee announced Tuesday an expansion of his Small Business Relief Fund into Watts, San Pedro, South L.A., and the west San Fernando Valley.

L.A. County, Goldman Sachs Open Loan Portal

The County of Los Angeles has launched an online portal in partnership with Goldman Sachs where small businesses affected by COVID-19 can apply for forgivable SBA loans.

Asgn Acquires Government IT Contractor for $85 Million

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.

Harbor Freight Supports Trades

Tool retailer awards money to educators to address looming shortage in workforce.

Princess Extends Horizon to Renew Cruises

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

Cheesecake Factory Won't Pay April Rent

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.

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No Money for In-Street Dining Permit Program

But city initiative for sidewalks, parking lots on track.

Funding for Phase 2 of Los Angeles’ Al Fresco program has run out, resulting in a temporary pause on the issuance of in-street dining permits for restaurants, Deputy Press Secretary for the Mayor’s Office Harrison Wollman confirmed to the Business Journal.

Cheesecake Factory Furloughs 41,000 Employees

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.

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Former Woodbridge Executives Charged With Fraud in Ponzi Scheme

The Securities and Exchange Commission announced Friday fraud charges in the investigation of a Ponzi scheme run by the now-defunct real estate investment firm Woodbridge Group of Cos. in Sherman Oaks.

Providence Funds Health Care at ‘Project Roomkey’ Hotels

Tarzana Treatment Centers, the Center for Family Health and Education and the Northeast Valley Health Corp. have received grants to provide health care services at Los Angeles County hotels participating in Project Roomkey, the county’s initiative to temporarily house homeless people in vacant hotel rooms during the pandemic.

Princess Cruises Extends Sailing Pause

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

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AROUND THE VALLEYS

AROUND THE VALLEYS

Ono Hawaiian BBQ Opens in Van Nuys

Ono Hawaiian BBQ is cutting the ribbon on its second Van Nuys location on Friday.

Velocity Financial Goes Public

Velocity Financial Inc. in Westlake Village went public on the New York Stock Exchange.

Salem Swings to Loss in Q4

Salem Communications Corp. swung to a loss in the fourth quarter, sending shares down.