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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.

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.

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.

AROUND THE VALLEYS

AROUND THE VALLEYS

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.

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

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.

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.

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.

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.

AROUND THE VALLEYS

AROUND THE VALLEYS