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Teledyne Secures Approval for Flir Deal in Canada, Germany

Teledyne Technologies Inc. has received antitrust clearance from regulatory agencies in Canada and Germany for its acquisition of Flir Systems Inc.

Teledyne Taps Funding for Underwater Map Technology

Teledyne CARIS, a subsidiary of Teledyne Technologies Inc. in Thousand Oaks, has received “significant funding” from Canada’s Ocean Supercluster to develop a software system for remote underwater surveying.

Chatsworth Aerospace Firm Acquires Rights to Pratt & Whitney Engine Parts

Chatsworth aerospace manufacturer Ontic has acquired manufacturing rights from Pratt & Whitney Canada Corp. for more of its JT15D engine parts.

Loop Media Signs Canadian Distribution Deal

Short-form video distributor Loop Media Inc. has signed a partnership agreement with Switch Inc., a Canadian telecom service provider.

Godiva to Shutter or Sell All Stores

The closure includes locations at the Glendale Galleria, Camarillo Premium Outlets and Westfield Topanga mall in Woodland Hills.

IHOP to Open New Restaurants in Canada

IHOP announced a new franchise deal with Canadian real estate developer K2 Group, with plans to develop at least five restaurants across Ontario over the next five years.

Former Amazon Executive Becomes CFO at Calavo Growers

Santa Paula-based avocado company Calavo Growers has announced the appointment of Mariela Matute as its chief financial officer, effective Oct. 11.

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Zevia Shares Debut on New York Stock Exchange

Zevia, the Encino-based beverage company, started trading Thursday on the New York Stock Exchange under the ticker ZVIA.

Resonate Blends to Acquire Wellness Cannabis Brand

Resonate Blends Inc., a cannabis holding company in Calabasas, has signed a letter of intent to acquire Lemon and Grass, a Florida-based cannabis wellness brand.

Loop’s Many Partners on Growth Path

Distributor seeks ‘to entertain every household’ worldwide.

Loop Media Inc. has announced three new partnerships in the past month.

SRAX Reconstitutes Microcap Index

SRAX Inc. has reconstituted its LD Micro Index, a fund comprising nearly 1,200 microcap companies in the U.S. and Canada.

Burbank Caps Food Delivery Fees

Following the lead of other cities including Los Angeles and San Francisco, the Burbank City Council has adopted a temporary ordinance to cap commission rates for food delivery to assist in the reopening of businesses impacted by COVID-19.

AROUND THE VALLEYS

AROUND THE VALLEYS

Disney Names Two New Board Members

Walt Disney Co. has elected Amy Chang and Calvin McDonald to the company’s board.

State Orders Burgerim to Refund Franchisees

The state has ordered fast casual burger chain Burgerim to refund $57 million in franchise fees paid by more than 1,500 would-be restaurant operators after finding the Encino company violated California’s franchise regulations.

Cheesecake Beats on Results but Stock Plunges

Stock in the Cheesecake Factory Inc. fell by double digits Wednesday after the Calabasas-based restaurant chain released second-quarter results that beat analysts’ expectations.

National Veterinary Associates Grows Hospital Network

Agoura Hills-based National Veterinary Associates announced Tuesday that Sage Veterinary Centers has decided to join NVA’s network of pet hospitals.

Metro Expands Ride-Hailing Service to Northwest Valley

The Los Angeles County Metropolitan Transportation Authority has added the northwest San Fernando Valley to its ride-hailing service Metro Micro.

Toy Industry’s Pandemic Boom

Disney, MGA benefit from stay-at-home spending.

Toy sales in the U.S. grew 16 percent last year to $25.1 billion, according to a January report from New York research company The NPD Group.

Order for Burgerim Founder to Pay

Regulators find franchiser violated state rules.

The state has ordered fast casual burger chain Burgerim to refund tens of millions of dollars in franchise fees paid by more than 1,500 would-be restaurant operators after finding the Encino company violated California’s franchise regulations.