Stories for April 2002
Monday, April 29
Powerhouse owner Derek Scharlin designs expansion plan to attract wider group of members
The year was 1985. James E. Blatt had roughly a decade of experience as a criminal defense attorney under his belt. But the Valley lawyer had yet to take on a particularly high-profile case. There had been few appearances on the courthouse steps be
Tiny Woodland Hills-based First Bank & Trust, like its larger banking brethren, is targeting the Latino business owner.
In this issue of the Business Journal, we recognize the top lawyers in the Valley. At the same time, it is clear that there are many different kinds of people practicing law for very different constituencies. So, the San Fernando Valley Business Journal a
Camarillo-based semiconductor maker Vitesse Semiconductor Corp. has decided to delay release of its 10 gigabit-per-second network processor, claiming the market is too weak for the device right now.
A few years ago, you couldn't give away land for retail development north of Valencia. Today, at least 10 retail shopping centers in the Santa Clarita Valley are in some stage of development, many stretching farther and farther from the Valencia commerc
Officials at struggling computer networking equipment maker MRV Communications Inc. must feel like its deja vu all over again. Declining market share and a stock price that is falling like a rock have the first quarter of 2002 looking a lot like 2001 as t
COMMENTARY - From The Newsroom by Michael Hart
As manager of the Van Nuys Airport, Selena Birk faces challenges every day, everything from tenant needs for more space to complaints of neighbors about the noise created by early morning TV and radio helicopters trying to get commuters the latest updates
Rose Reglos' alarm clock goes off at 4 a.m. every morning. By 7:30 a.m. she's well into another day on the job as one of 30 Los Angeles County public defenders at the Van Nuys Superior courthouse.
The panel expected to craft a resolution for a ballot initiative on secession in roughly two weeks is being pressured to delay a vote for mayor and city council of a new Valley city until after a breakup vote either passes or fails at the polls Nov. 5.
In most instances, efforts to build large commercial developments meet with cries of "too much traffic" from neighboring residents. But a proposed development in Santa Clarita passed muster, not in spite of its commercial component, but because of it.
Mark Kernes of the Free Speech Coalition says recent Supreme Court ruling will help Hollywood, not the adult entertainment industry.
Telecom giants are bleeding and optical networking equipment suppliers are struggling to stay afloat amidst a severe sales downturn.
Guest Column by Gregory N. Lippe, managing partner of the Woodland Hills-based firm of Lever, Lippe, Hellie & Russell LLP and chairman of the VICA Subcommittee on Runaway Film Production.
Monday, April 15
Gino: Business at his 45-year-old Tarzana art gallery is off 40 percent this year.
Therapy: Curing fears of flying, crowds and heights in a psychologist's office.
Troubled movie camera-maker Panavision Inc. hopes to sell $200 million in secured notes to pay off a growing debt that has become difficult to manage.
Small Business Spotlight: Oak Park Dialect Coach builds business by helping actors and non-native English speakers communicate clearly.
While few may consider it the top contender on the list of five potential names for a new Valley city, Camelot is apparently the choice of radio disk jockeys Kevin and Bean, co-hosts of a morning show on Los Angeles-based KROQ 106.7 FM.
New San Fernando City Administrator Jose Pulido puts streamlining development process at the top of his to-do list.
Camarillo-based Technicolor Home Entertainment, a unit of Thomson Multimedia Inc., has agreed to buy out its majority partner in Southern Star Duplitek Pty. Ltd
By and large, Wall Street's recent enthusiasm for small cap stocks has been good news for the San Fernando Valley's publicly traded companies.
In coming months, local auto body shops will be able to get video broadcasts of industry news, educational programs and product information transmitted directly to their locations using nothing but a low-cost PC and television monitor.
The Secession Question: Secessionists say a report by State Controller Kathleen Connell bolsters their case that smaller is cheaper and their breakaway plan is fiscally sound.
According to a recent UCLA forecast on entertainment and the Los Angeles economy, runaway film production cost the industry almost 18,000 jobs in 2001. So, the San Fernando Valley Business Journal asks: How has the runaway film production issue affected y
Countrywide Credit Industries is reaping the benefits of the current and continuing refinancing boom.
The impact of runaway film production on the Valley economy and the region as a whole hit a high mark in 2001, primarily because production houses stockpiled projects in anticipation of Writers and Screen Actors guild strikes that never materialized.
A regional shopping center at Victory Boulevard and Canoga Avenue in Woodland Hills is well known to retailers and shoppers alike.
The decision by Kmart Corp. to close its Fallbrook Center store could be a boon for the West Hills shopping complex.
Monday, April 1
Corporate Focus: Exceptionally strong financial performance in fiscal 2001, some clever investing strategies and a renewed interest in safe investments has sent the share price for Public Storage Inc. to near record levels.
When Jolene Koester decided almost two years ago that the opportunity to be president of Cal State Northridge might be worth leaving her position as provost at Cal State Sacramento for, she realized this was not the typical state university campus she was
Several local telecom suppliers in the greater San Fernando Valley showed improved results in their most recent quarters, at least compared with the prior consecutive quarter.
Even Errol Ginsberg's Ixia has suffered the travails of a telecom sector that is still a few quarters away from recovery.
Not surprisingly, most Valley business owners surveyed recently about employee health benefits say the costs of their plans have gone up since the beginning of the year.
Business groups from the San Fernando Valley and other parts of Los Angeles, along with the city's Business Tax Advisory Committee (BTAC), will huddle this week with members of the LA City Council to formally kick off their campaign to abolish the gross-r
Dr. Scott A. Baden, an orthopedic surgeon, has been relatively happy with the 20-year working relationship he's had with Sherman Oaks Hospital.
When sales to commercial airlines and private plane builders fell by nearly 20 percent last year, Chatsworth-based aviation antenna-maker Sensor Systems Inc. turned to the military to make up the lost revenue.
Entrepreneur and biomed pioneer Alfred E. Mann has decided to wait until early next year to take his biotech conglomerate MannKind Corp. public, despite plans for an initial public offering this summer.
Secessionists were among the loudest opponents of Proposition Q, the police and fire bond measure narrowly approved by Los Angeles voters last month.
About nine years ago, Diana Villafana, the principal at Chase Elementary School, came to the Panorama Mall to ask the center to adopt her school. Louise Marquez, who had just been named marketing manager, turned her down; one school would not be enough.
When the tech downturn started battering local tech companies, Pacific Office Interiors got battered right along with them.
Since the downfall of Andersen has captured the headlines, the accounting profession itself is under the microscope like never before. So, the San Fernando Valley Business Journal asks local accountants: