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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.

AROUND THE VALLEYS

AROUND THE VALLEYS

AROUND THE VALLEYS

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.

Encino’s Eco Tech Allegedly Involved in PACE Fraud

Home energy equipment provider Eco Tech in Encino has been barred from participating in the state’s Property Assessed Clean Energy program, or PACE, after the California Department of Financial Protection and Innovation discovered the business had allegedly signing up customers fraudulently for the program.

Back to Business for California Resources Corp.

ENERGY: Oil producer drops debt load in Chapter 11.

Oil and gas producer California Resources Corp. has shed about $4.4 billion in debt after trading it for equity during a Chapter 11 financial reorganization, the company announced late last month.

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.

Acquisition Will Bring Bat and Ball Together

SPORTS: Rawlings, Easton consolidate the market for baseball equipment.

Easton Diamond Sports in Thousand Oaks will become an even bigger fish in the pond of baseball and softball following its acquisition by Rawlings Sporting Goods Inc.

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.

Stoker, Dr. Seuss Tomes Sell in Online Auction

Agoura Hills firm makes literary sales virtually.

It’s rare to find first editions of classic literary books for sale, and rarer still to find a collection with hundreds of them up for auction all at once.

‘Intersecting Crises’

PROFILE: Incoming CSUN president Erika Beck talks about how online work and learning impact education.

Interview with Erika Beck, the incoming president of California State University – Northridge.

JB Office

JB Office

Toner cartridges, office supplies and janitorial products are generic, but JB Office has found a way to leverage easy ordering technology and logistics to separate the company from its competitors.

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

CSUN Students Help JPL Research

Center integrates design and humanities with hard science.

Cal State Northridge students help on projects at Jet Propulsion Laboratory.