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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.

Teleperformance Closes in Burbank

French outsourcing services company Teleperformance USA-FHCS is shuttering its Burbank office, according to a filing with the California Employment Development Department.

Public Relations Agencies Explore Digital Market

LIST: Video content becomes driver for events, luxury brands.

Public relations firms learn to use social media.

Airgas Workers Strike in Burbank, Ventura

Some employees of Airgas USA are striking today at four of the company’s plants in the Los Angeles area, including locations in Burbank and Ventura.

Italian Outplacement Firm Enters U.S. Via Valley

STAFFING: Acquisition the first step toward ‘global reach’ from Burbank.

The outplacement division of human resources technology firm CareerArc in Burbank has rebranded as Intoo USA

AROUND THE VALLEYS

News and notes from the greater San Fernando Valley

News and notes from the greater San Fernando Valley

Data Cleaning Sets Feedonomics for New Markets

Internal team works on automating processes to avoid efficiency bottlenecks.

As e-commerce sites continue to attract more shoppers than traditional brick-and-mortar stores, Feedonomics Inc. has emerged to help retailers adapt and succeed in the online market.

H2scan Gets $13 Million in Capital

H2scan, a Valencia-based maker of hydrogen sensors, has announced a $13.5 million capital raise from two financers.

Newsstand Rebrands as a Convenience Store

MERCHANDISING: With fresh investment, owner adds food to selection.

Sherman Oaks newsstand adds food items.

Groceries ‘Normalizing’ Again

Grocers in the Valley region are beginning to see a return to regular operations after being hammered in recent weeks by huge crowds and product sellouts prompted by the coronavirus scare.

Britto Brightens Lamps Plus

Brazilian designer launches new collection for lighting retailer.

Cheesecake Buys Fresh Chains

In October, the Valley’s biggest restaurant company got even bigger.

Midsize Banks Pressured by Non-Bank Lenders

CREDIT: Valley’s commercial bankers expect volatility, competition, consolidation.

Several local bankers say middle market business banks in the San Fernando Valley will face pressure in 2020 from fluctuating interest rates and a highly competitive landscape marked by a robust nonbank market.

Ralphs Extends Hero Pay, Accepts SNAP

Grocery chain Ralphs has extended its “hero pay” for hourly employees as the coronavirus outbreak persists in Southern California.

IHOP Teases Another Name Change

International House of Pancakes this week teased another name change.

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.

PennyMac Mortgage Prices Public Offering

PennyMac Mortgage Investment Trust on Wednesday announced the pricing of a public offering of 8 million common shares, which would yield the company $169 million before expenses.

Valencia's Bids.com Raises $1.7 Million

Online auction site Bids.com, based in Valencia, has completed its first round of financing.

Around The Valleys

News and notes from the greater San Fernando Valley

News and notes from the greater San Fernando Valley

CSUN Students Help JPL Research

Center integrates design and humanities with hard science.

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