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Steve Nissen Selected as LAEDC Chairman

The Los Angeles County Economic Development Corp. has selected longtime Valley executive Steve Nissen as its new chairman.

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Northridge Man Sentenced in Credit Card Scheme With ‘Collusive Merchants’

A Northridge man has received 21 years in federal prison for a scheme in which credit card and bank loan scheme that took money from banks, credit card comapnies, car dealerships and utility companies.

Chatsworth Hills Academy Sells Campus for $9 Million

A school campus belonging to Chatsworth Hills Academy has sold for $9 million.

Business Events Calendar

Business Events throughout the Valleys.

Zillow Honors Local Economic Forecasters

Local economists Matthew Fienup and Dan Hamilton have been named recipients of the 2020 Crystal Ball Award for the Zillow Home Price Expectations Survey, formerly known as the Case-Schiller Home Price Expectations Survey.

Aerial Film Companies Create Partnership

Van Nuys film industry companies XM2 and Pursuit Aviation, with aerial cinematographer Stephen Oh at the helm, on Tuesday announced a collaboration to come up with new ways to get a filmmaker’s perfect shot.

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L.A., Ventura Counties to Re-Close Dining Rooms

Los Angeles and Ventura county dining rooms have been mandated to shut down again, just weeks after receiving approval from regulators to serve customers on location.

Cinedigm to Launch Women’s Channel

Cinedigm Corp. this fall will launch a female-focused streaming channel.

Half-Acre Property in Santa Clarita Sells for $1.5 Million

A commercial property with only 1,292 square feet in Santa Clarita has sold for $1.5 million.

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Apex Launches Clothing Line With Built-in Masks

Apex Global Brands is looking to capitalize on the coronavirus pandemic with a new line of performance apparel that features built-in face masks.

Hollywood Burbank Airport to Reopen Terminal B

Hollywood Burbank Airport will resume operations from Terminal B starting on July 2.

Study Predicts Lower Traffic, Revenue at Van Nuys Airport

Tenants at Van Nuys Airport should expect to see revenue decrease by $16.4 million by the end of June, and $26.5 million by the end of the year.

ASGN Contracts to Reconfigure Military Health Records

A division of staffing and technology consulting firm ASGN Inc. has won a contract to develop a legacy consolidation system for military health records.

Glendale Man Pleads Guilty in $5.2 Million ‘Synthetic Identities’ Fraud

Glendale resident Mikayel Hmayakyan, 43, pleaded guilty Monday to two counts of federal bank fraud for leading a credit card scheme using fake identities.

149-Room Hotel Proposed on Ventura Boulevard in Woodland Hills

A four-story, low-rise hospitality structure is in the planning stages for Ventura Boulevard in Woodland Hills.

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Business Journal Wins ‘Best Newspaper’ Award

The San Fernando Valley Business Journal won two journalism awards late Thursday from the trade association that represents business journals across the country.

Adler Realty Sells Fontana Retail Property

Woodland Hills-based Adler Realty Investments has sold a retail property in Fontana for $4.95 million.

CRC’s Belated Quarterly Filing Outlines Precarious Situation

California Resources Corp. filed its first-quarter financial results with the Securities & Exchange Commission on Thursday with the caution that management has “substantial doubt” about the company’s ability to continue as a going concern.

‘Jeopardy’ Host Alex Trebek Gives $500,000 to Hope of the Valley

Longtime host of TV show ‘Jeopardy’ Alex Trebek and his family have donated $500,000 to help homeless shelter nonprofit Hope of the Valley Rescue Mission construct a new headquarters facility called Hope Central.

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Disney Delays Reopening California Theme Parks

Walt Disney Co. will delay the reopening of its Anaheim theme parks until it receives guidelines from the state, according to media reports.

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