Stories for July 2006

Monday, July 31

Assets Grow 22 Percent at CUB

CUB California United Bank reported total assets of $142.5 million at the end of its first full four quarters of operation on June 30, 2006, an increase of 22 percent over assets as of March 31.

Decision Puts Strict Rule on Pay of Temp Workers

The California Supreme Court just ruled on an issue that could have an enormous impact on how employers pay temporary workers on completion of job assignments.

Apartment Rents Up in Valley; Multi-Family Sales Down

A just-released survey shows apartment asking rates are continuing to rise, Shelly Garcia reports.

Power-One Settles Dispute

Power-One Inc., a maker of power conversion products in Camarillo, and Silicon Laboratories Inc. said today that they have entered into an agreement to settle a patent infringement lawsuit filed by Power-One.

Time Warner Prepares for Takeover of Local Cable System

What's in store for subscribers in the San Fernando, Simi and Santa Clarita valleys with the merger between Adelphia Communications Corp. and Time Warner Cable Inc. complete?

VEDC Continues Growing List of Offerings on Its 30th Anniversary

This November marks the 30th year the VEDC has been helping small- and mid-size businesses thrive through loan programs and seminars.

Dealers Note Shift in Buying Habits

Car sales hold up despite rising gas prices, although the action is better for some brands than others.

Stadium Proposal Moves to Warner Center

After several efforts to find a location in North Hollywood and Northridge, mARK Steele has now turned his attention to the Warner Center area, and in recent weeks he took his ideas to the Livable Communities Council meeting of the Economic Alliance of th

Hotel Project Underway for Lancaster

The city of Lancaster hopes to become a hospitality center with three hotels, including what would be the first Hilton in Antelope Valley.

Tuesday in the Valley

Glendale Housing Authority

Getting Down to Getting the Basics Right

Nature is the great equalizer. It usually levels the playing field between the rich and the poor, exposes our frailties. We saw it at work during the Northridge Earthquake when the poorly built buildings crumbled.

New Auto Models Combine Efficiency, Performance

Fuel efficiency seems to be the cornerstone of the most recent new model introductions.

Buy-Sell Agreements and Non-Compete Covenants

Columns and Features.

Women No Longer Green on the Business of Golf

Women are increasingly discovering the benefits of golf for landing business.

TVN Entertainment Inks Deal with G4

TVN Entertainment Corp. inked a deal with G4, a network catering to men between ages 18 and 34, the company announced Monday.

Westlake Village Homework Help Acquired by Discovery Education

Westlake Village homework help and self-study guide provider Academy123 has been acquired by Discovery Education, the company has announced.

Technicolor Rolling Out Digital Format in European Market

Thomson signed an agreement this month with a Belgian movie theater chain that will have its Technicolor Digital Cinema unit installing equipment as part of the rollout of digital cinema in the European market.

L.A. Marathon to Include a Bit of the Valley

The route of next year's Los Angeles Marathon will now include portions of the San Fernando Valley barely.

Bisys Group Buys

TIME Financial Services in Warner Center has been acquired by the largest independent wholesale distributor of life insurance in the country.

Blue Cross Offers New Dental Program

Blue Cross of California has announced a new dental insurance program called Dental Blue, a partnership with BC Life & Health Insurance Co.

Walt Disney Board Member Resigns

Long-time Walt Disney Co. board member Gary Wilson resigned his seat effective Monday, the company announced.

Airport Staff Studying Van Nuys Ban

Los Angeles World Airports staff moved ahead with a study on possibly banning certain types of noisier jet aircraft at Van Nuys Airport following a meeting July 17 at which concerns were raised on what the ban would mean for aviation businesses based ther

Scooter Dealer Tries to Get Ahead in Alternative Market

Motor scooters are catching on among U.S. consumers.

Gump Picked for Center Post

Barry Gump, president and CEO of the Santa Clarita sanitation company Andy Gump, has been elected chair of the advisory council for the California State University, Northridge, Family Business Center.

For Women Only

Clip-on hair extensions were all the rage when Beth Orenstein returned to work as a hair stylist after an illness in the late 1990s.

Franchises Expand, Remodel in Area

The sound of construction can be heard all along the Brand Boulevard of Cars as dealers renovate.

Helinet Hires From Outside As Copter Firm Expands

Founded in 1987 by pilot Alan Purwin, the company based at the northern end of Van Nuys Airport operates a fleet of 42 helicopters across the nation, many of which are leased to television stations and film companies.

Close Scrutiny

Since taking office in 2001 Los Angeles City Controller Laura Chick has been busy undertaking performance audits of many of the city's departments.

Friday, July 28

Krispy Kreme Buyback in Burbank

Krispy Kreme Doughnuts Inc. said today that it will buy back three of its stores, including one in Burbank to settle a dispute with its Southern California franchisee, Great Circle Family Foods LLC.

Monday in the Valley

Glendale, Planning Commission

Friday in the Valley

North Valley Regional Chamber of Commerce, Home Improvement & Real Estate Cluster

Thursday, July 27

K-Swiss Earnings Beat The Street

K-Swiss reported that earnings rose about 21 percent to $20.3 million or $0.58 per share in the second quarter, beating Wall Street's estimate of $0.46.

Teledyne purchases Rockwell Scientific

Teledyne Technologies Inc. purchased on Thursday the Thousand Oaks-based Rockwell Scientific Co. for $167.5 million cash.

THQ Inc. Reports Net Loss

Video game publisher THQ, Inc. reported a net loss of $12.1 million for the first quarter ending June 30.

AltaSens Strikes Deal with Tandberg

Image sensor supplier AltaSens struck a deal with Tandberg to provide sensors for cameras used for videoconferencing, the company announced Thursday.

Santa Clarita to Grow by 400 Acres

The 409-acre community of Stonecrest in east Canyon Country will become part of the city of Santa Clarita.

Wednesday, July 26

Textron Awarded Air Force Contract

The Santa Clarita operation of HR Textron has been awarded a $159,531 contract from the U.S. Air Force to develop servo valve module kits.

Idol to Tout Sexy Hair Products

Chatsworth-based Sexy Hair has named American Idol runner-up Katharine McPhee its spokeswoman.

Thursday in the Valley

Chatsworth/Porter Ranch Chamber of Commerce, Membership Meeting

IHOP Net Falls

Profits at IHOP Corp. sunk in the second quarter, decreasing 13.6 percent to $10.3 million and earnings per share dipped 6.7 percent to $0.56.

21st Insurance Profits Increase

Woodland Hills-based 21st Century Insurance Group reported second-quarter profit rose 38 percent.

Medical Company Inks Distribution Deal

The Sylmar medical device company Tri-anim has signed an agreement with Danvers, Mass.-based Medwave, developer of the Primo blood pressure monitor.

MRV Posts Loss

MRV Communications, Inc. posted a net loss of more than $2 million for the second quarter that ended June 30.

Tuesday, July 25

Insurance Co. Reports Profit Jump

Woodland Hills Zenith National Insurance Corp. reported that its second-quarter profit rose 17 percent on increased workers' compensation income.

Wednesday in the Valley

North Valley Regional Chamber of Commerce, Events and Entertainment Cluster

THQ Acquires Paradigm

Video game developer and publisher THQ, Inc. completed its acquisition of Paradigm Entertainment, the company announced Tuesday.

Hospital Labor Discussions Continue Despite Buyout

The buyout of Hospital Corporation of America has not stymied negotiations between workers and officials at HCA-owned West Hills Medical Center and Los Robles Medical Center in Thousand Oaks.

Countrywide Reports Net Increase as Loan Fundings Decline

Countrywide Financial Corp. today reported net income increased 27 percent to $722 million or $1.15 per share for the second quarter ended June 30, 2006, compared to earnings of $566 million for the comparable period a year ago.

Monday, July 24

Digital Insight Settles

Digital Insight Corp. settled on Monday arbitration claims connected with its 2003 purchase of Magnet Communications.

Bank of Santa Clarita Sees Assets Grow 50 Percent

Bank of Santa Clarita said today that its assets have grown 50 percent to $93.6 million in the second quarter ended June 30, versus $62.6 million at Dec. 31, 2005.

Image to Distribute R. Kelly DVD

Chatsworth-based Image Entertainment Inc. has signed a distribution agreement with Jive Records R & B; music artist R. Kelly for his first live concert DVD.

Tuesday in the Valley

North Valley Regional Chamber of Commerce, Networking Breakfast

United Online Partners with Best Buy to Market PrivatePhone

United Online, Inc. has partnered with Best Buy stores to market voice phone services and the new PrivatePhone service, the company announced Monday.

Friday, July 21

MGA Forms Partnership with Zapf

The German Cartel Office gave the go ahead this week for MGA Entertainment, Inc. to form a strategic partnership with Zapf Creation AG, Europe's leading brand manufacturer of play and functional dolls.

Ixia Income Drops in Second Quarter

Test systems manufacturer Ixia saw a drop in its second quarter income compared with the same reporting period from the previous year.

Monday in the Valley

United Chambers of Commerce, Board of Directors Meeting

Thursday, July 20

Insurance Commissioner Looks to Cut Title Costs

California Insurance Commissioner John Garamendi has announced a plan to reduce title insurance costs by $1 billion a year by forcing insurers and escrow firms to rollback costs and fees to March 2000 levels.

Glendale Galleria to Get Target

Federated Department Stores Inc. said today that it has sold one of its stores in the Glendale Galleria to Target Corp.

Marriott to Go Non-Smoking by Fall

All 400,000 hotel rooms under the Marriott nameplate will be non-smoking by September, the company announced.

Semtech to Restate Financials

Semiconductor manufacturer Semtech Inc. announced Thursday that it would restate its financial statements in light of an internal review of stock options practices.

IHOP Signs 26 Franchise Agreements

During the second quarter of 2006, Glendale-based IHOP inked more than two dozen franchise agreements for new restaurants across the country, part of a continuing push to expand its national footprint.

Friday in the Valley

Mortgage 101

Wednesday, July 19

Deal to Acquire Chinese Fiber Optic Company Falls Through

A Chatsworth optical components company terminated a planned acquisition of a Chinese fiber optic transceiver manufacturer, the company announced Wednesday.

Cheesecake Factory Opens Inquiry

The Cheesecake Factory has become the latest company to review how its stock options are awarded to executives.

Glendale Sets Weekend Power Record

Glendale Water & Power set an all-time record July 15 for the amount of power it provided to customers on a Saturday.

Thursday in the Valley

Swingin' Sounds from Downtown

Disney to Cut 650 Positions

The Walt Disney Co. announced Wednesday that it plans to eliminate as many as 650 studio positions worldwide as it repositions itself to focus on Disney branded movies.

Chevron to Buy Local Independent Stations

Thousand Oaks-based independent fuel retailer USA Petroleum Corp. plans to sell 122 of its California gas stations to the oil industry giant Chevron USA Inc. for an undisclosed sum.

Tuesday, July 18

Study to be Conducted on Ban of Stage 2 Aircrafts

The Los Angeles World Airports Board of Commissioners directed staff to conduct a study related to banning certain jet aircraft from Van Nuys Airport.

VICA Opposes LAUSD Compromise Bill

The Valley Industry & Commerce Association Board of Directors says a bill backed by L.A. Mayor Villaraigosa won't accomplish enough

Ribbon Cutting at NoHo Lofts

The NoHo Lofts holds its grand opening and ribbon cutting ceremony on Thursday.

Santa Clarita Looks to Annex Magic Mountain Site

Santa Clarita city officials are taking a new approach in their bid to keep Six Flags from closing Magic Mountain they are asking to meet face-to-face with the park's corporate owners to present plans to annex the county-owned land.

Wednesday in the Valley

L.A's Largest Mixer

Monday, July 17

Amgen Adjusts Growth Plans To Other Areas

Recent moves by Amgen to relocate some of its employees to Colorado will not have a significant economic impact in its hometown of Thousand Oaks, officials of the city say.

Firms Hook Up to Outsourcing Trend

Kellogg & Andelson is at the cutting edge of a small, but growing movement to outsource accounting functions to India.

Out-of-Control Legal System Pushing Firms to Flee State

If there's one thing about which everyone in the Valley can agree, it's that we all support clean air. Formerly the smog capital of the nation, we've come a long way in cleaning up the air we all breathe, and we need to take additional steps to continue i

Neighborhood Focus of Theater Upgrade

The projected opening of a revamped Reseda Theater is at least 18 months away but that hasn't dimmed hopes the $8 million project will spark resurgence in that part of the San Fernando Valley.

Young Valley Firm Replaces Flynt as Distributor for Vivid

Vivid Entertainment has dropped Larry Flynt Productions and will use Pulse Distribution to market its line of adult DVDs.

Encino Company Immerses Itself in 'Rich Ad' Movement

Go online and chances are one will come across ads for a movie or television show that comes to life when the cursor rolls across it, allowing a viewer to interact with the ad.

Clinical Trial to Start for Amgen Drug

The biopharmaceutical company Amgen has started the largest clinical trial to date of patients with stage five chronic kidney disease.

Insurance Plans

Crosby, 52, was also recently elected president of the California Association of Health Underwriters, a 2,600-member organization of brokers and health insurance insiders.

Game Maker Sheds Industry's Negative Image

For two years running, the Society for Human Resource Management and the Great Place to Work Institute included Insomniac Games in Burbank on a list of the 25 best small companies to work for.

Costs Drop for Large Firms as Small Companies Face SOX

Many companies saw a significant reduction in costs associated with implementing the requirements of Sarbanes-Oxley, but other, mostly smaller companies may still be paying a high price.

For Two Years in a Row, CSUN Ad Campaigns Win Competition

When California State University Northridge changed the name and focus of its extension learning program two years ago, university officials sought out a unique advertising campaign to get that message out.

Home Boom Adds $65 Billion to County Assessment Roll

Rising prices may have many in the industry sweating, but the Los Angeles County Assessor's office is not one of them, Senior Reporter Shelly Garcia writes.

Mannkind Stock Soars on Prospects for New Drug

Mannkind stock is on a roll on the promise of a drug that's still in development, but investors could come up empty if competitors get to market first, Chris Coates reports.

Unified Reporting Standards Sought

Think Sarbanes-Oxley is complicated? Try coming up with a way to unify financial reporting standards across the globe.

Woodbury Campaign to Raise Money for Business Building

Woodbury University is embarking on its first ever full-scale fundraising effort in order to construct a new facility for its business school.

Reseda High Students Learn Real-Life Development Issues

The community doesn't want any more development. The budget is tight and existing retailers are angry at being displaced from their longtime locations.

Learning How to Work on Your Business -- Not in It

What are value drivers? And why are they so important to you and your company?

Hospitals Install High-Tech Frills to Meet Competition

As the troubled healthcare industry faces lawsuits, rising expenses and demands for additional nurses, an increasing number of local hospitals have turned to technology to make patients more comfortable.

Vitello's Moves on With Addition of Cabaret Club

The owners of Vitello's Italian Ristorante have opened an upstairs cabaret and supper club.

Valley One of Tightest Apartment Markets

The San Fernando Valley is expected to be among the markets with the tightest multifamily apartment vacancy rates in the Los Angeles area by year end, according to a report just released by Marcus & Millichap Real Estate Investment Brokerage Co.

A Very Real Truth -- Inconvenient or Not

It's too bad that Al Gore is the focal point of the movie, "An Inconvenient Truth." He detracts from his own message.

The Right Moves

Choreographer Richard Giorla has found a niche combining his dance background with a workout regimen that he hopes to someday franchise.

GoTV Launches Reality Show

GoTV Networks launched this week a made-for-mobile devices only reality show that transforms "plain Janes" into outgoing and beautiful divas.

Effective Financial Reporting System Good for Business

Privately held companies are not subject to the same stock exchange-required rules and strict government regulations that are compulsory for publicly traded companies. While this frees private companies from costly reporting and compliance mandates such a

Making a Return To Core Services

After moving into IT and human resources consulting to expand their businesses, CPA firms are turning back to their roots to mine new business opportunities.

Tuesday in the Valley

Chatsworth/Porter Ranch Chamber, Board of Directors Meeting

Friday, July 14

Optical Communications Acquires GigaComm

Optical Communications Products, Inc. sealed a $20 million acquisition of a Taiwanese firm that does business extensively in Japan, the company announced.

Beverly Hills Bancorp Buyback Set

Beverly Hills Bancorp Inc. has begun a stock buyback program with plans to repurchase about 12.8 percent of its outstanding common stock.

Sun Valley to Get Development Focus

The American Institute of Architects and the Economic Alliance of the San Fernando Valley have joined to create a development model for the Sun Valley-Hansen Dam area.

Monday in the Valley

The Board of Airport Commissioners

11H Tapped for Galpin Holiday Event

Westlake Village-based special events firm 11H has been hired to produce the Galpin Motors holiday event.

Thursday, July 13

Study: More Santa Clarita Hotels Occupied During May

Santa Clarita had the highest hotel room occupancy rates in Los Angeles County during the month of May, according to a new study by the hospitality firm PKF Consulting.

WaMu Cuts 140 More Jobs in Chatsworth

Washington Mutual Inc. will cut another 140 positions at its Chatsworth campus, part of a new round of layoffs that will affect a total of 900 workers at the bank.

Natrol in Compliance with Nasdaq

Natrol, Inc. finds itself back in compliance with Nasdaq Marketplace rule requiring a majority of independent directors on its board, the company has announced.

Friday in the Valley

Los Angeles Fire Department, BBQ Fundraiser

IHOP Sales Increase for Quarter

Glendale-based IHOP Corp. has reported a 3.1 percent increase in same-store sales during the most recent quarter ended June 30.

Wednesday, July 12

Bob Hope Airport Receives $2 Million Grant

The U.S. Department of Transportation awarded a $2 million grant to the Bob Hope Airport to insulate homes from jet aircraft noise.

Loan Looks to Expand

Sherman Oaks-based No Red Tape Mortgage is doubling its sales staff in a bid to reach brokers nationwide, the company said.

LegalNet Launches New Form Assistant

Encino-based American LegalNet has created a new system to streamline the submission of legal forms and documents.

Thursday in the Valley

Valley Economic Development Center, Business Plan Basics

Economic Outlook Good, LAEDC Says

A strong outlook for a number of diverse businesses will help to keep the Southern California economy in good shape through the rest of the year despite rising interest rates and energy costs, according to the mid-year economist forecast issued today by t

Tuesday, July 11

New Mortgage Venture for Re/Max Commercial

Re/Max Commercial Brokerage and Venture West Funding Inc. have formed a partnership to provide dedicated commercial mortgage services to clients of Re/Max Commercial and its affiliates.

Nestle to Build $359 Million Facility in Indiana

Glendale-based food company Nestle USA plans to construct a $359 million, 880,000-square-foot factory and distribution center on a 190-acre site in Anderson, Ind., near Indianapolis.

Wednesday in the Valley

Glendale Zoning Administrator's Hearing

New SBA Administrator Sworn

The U.S. Small Business Administration swore in Steven C. Preston as Administrator Monday in Washington D.C.

BitTorrent Signs Agreement With Egami

BitTorrent, Inc. has signed a video licensing agreement with Egami Media, a subsidiary of Image Entertainment, Inc., the company announced.

Monday, July 10

Insurer Won't Base Rates on ZIP code

Where someone lives will no longer play a role in how much the Automobile Club of Southern California charges for car insurance.

Tuesday in the Valley

Glendale Housing Authority

Software Producer Finds European Supplier

Woodland Hills-based Gamma Enterprise Technologies has signed a distribution deal with Scotland-based Absoft Limited to deliver products to SAP customers in Europe.

Broker Gets Planning Commission Post

Residential real estate broker Matt Epstein has been appointed to the South Valley Planning Commission.

Friday, July 7

SCAG Creates Planning Sub-Region for the Valley

The Southern California Association of Governments formed a sub-region for regional planning in the San Fernando Valley.

Metro Project Saves $185,000

Metro announced Friday that is has saved near $185,000 in electricity costs due to the solar panel project at the bus facilities in Sun Valley and Chatsworth.

Auto Dealers to Expand

A handful of auto dealerships are planning expansions along Lancaster's Auto Mall on 10th Street West.

Calabasas Company Launches New Lines

OnBoard Outfitters LLC, a Calabasas-based designer of sports-inspired accessories, home wares and clothing, is launching a new line of products.

Monday in the Valley

Downtown Specific Plan, Advisory Group Meeting

Thursday, July 6

MTA Approves Study to Connect Service between North Hollywood and Pasadena

The Metropolitan Transportation Authority has provided $150,000 to study a regional connector linking bus and rail service with the Red Line in North Hollywood and service in Pasadena.

Sales Up at Shoe Pavilion

Shoe Pavilion Inc. said Thursday that its comparable store sales increased 3.9 percent for the second quarter ended July 1 vs. the comparable period a year ago.

Earl Scheib to Offer Free Environmental Management Consultations

Sherman Oaks-based Earl Scheib, Inc. in partnership with California's South Coast Air Quality Management District will provide free consultation services to auto body and paint businesses that need to cut down emission of air contaminants.

MGA Acquires Minority Interest of Zapf Creation

The owners of MGA Entertainment, Inc. have acquired a minority interest in Zapf Creation, AG, Europe's leading brand manufacturer of play and functional dolls, the company announced Thursday.

Friday in the Valley

Metropolitan Transportation Authority, Metro Goes Solar

Wednesday, July 5

Magnetek Notified of Failure to Meet NYSE Listing Standards

Magnetek, Inc. has been notified by the New York Stock Exchange that it fails to meet continued listing standards, the company has announced.

Some Construction Continues to Decline

Residential construction fell 8 percent in May compared to April, the second straight month of declines for the industry, according to a report by the Associated General Contractors of America using Census data.

Electronic Sensor Technology Receives Orders From China Petroleum and Chemicals

Newbury Park-based Electronic Sensor Technology (EST), provider of homeland security and environmental solutions announced Wednesday that it has received multiple orders from China Petroleum and Chemicals through its distributor, Beijing R & D; Ltd.

IHOP Franchisee to Develop 17 IHOPs Over Next 12 Years

Glendale-based IHOP Corp. signed a multi-store development agreement with franchisee Scott Womack to develop 17 IHOP restaurants over the next 12 years in the Dayton and Columbus, Ohio, markets.

Monday, July 3

New Car Buyer's Bill of Rights First of Its Kind in Nation

Buying a car is often the second most expensive purchase consumers make, but unlike buying a home, the average person will buy many cars over a lifetime. It can be an overwhelming and daunting proposition. But the process just got easier. As of July 1, ca

Businesses Face Pressures From Inflation Trend

The jury is still out on whether rising gas prices will affect consumer spending, but there's no doubt that oil and other commodities are already contributing to inflation, and businesses are feeling the effects.

Court Continues Anti-Business Perception

In 2002 a Court of Appeals decision in Salazar v. Diversified Paratransit, Inc..,103 Cal. App. 4th 131 (2002) held that workers in California are not protected against workplace sexual harassment perpetrated by customers, vendors and other third parties.

Fees Fight Takes Flight

The aviation industry is readying itself for a dogfight over a proposal to raise the fees paid by private aircraft owners.

Showroom Gives Building Supply Firm Competitive Edge

Hector Galvan has opened a rare showroom for stone and masonry that the owner of Prime Building Supplies hopes will help to expand the company's channels of distribution and combat competition from the big chains.

Cost of Business in Many Cities Creeps Up

The Kosmont-Rose Institute Cost of Doing Business Survey just released for 2006 shows that some of the neighboring cities to Los Angeles have gotten pretty pricey for businesses, largely because of energy and other utility tax rates and property taxes.

Gap's New Women's Division Targets Valley Shoppers

Forth & Towne, a new concept from Gap Inc., has big plans in the Valley; Mitchell Litt Antiques and Home Furnishings is adding a second location; New women's apparel tenants in Sherman Oaks are bringing more upscale looks to the neighborhood.

Wednesday in the Valley

Hansen Dam 4th of July Spectacular

Maintenance Workers in Demand But Enrollment Declines

Keeping the planes parked at Van Nuys Airport humming plows considerable revenue into the economy.

Web Site Will Boost Selection for Buyers of Properties

A new company in Thousand Oaks hopes to simplify brokers' property searches by combining listings from a number of different Web sites in one place, Senior Reporter Shelly Garcia writes.

Thursday in the Valley

Metro San Fernando Valley Governance Council

Cost of Fuel May Be at Low Point

The cost to fill up the tank may be near the low point for the year, according to the Automobile Club of Southern California.

Veteran Hands Over Reins of Air Firm

Richard Hodkinson, founder of Elite Aviation, took the company from a single client to a fleet of 24 planes. Now he is stepping back as the company's majority shareholder takes the helm.

Medical Staffing Company in Healing Process

On Assignment, a healthcare staffing provider, has taken the first step in plans to expand by registering its intention to raise as much as $125 million in a stock offering.

Report on Stage 2 Aircraft To Be Presented on July 17

A report on whether the Los Angeles Board of Airport Commissioners should move ahead with a ban on certain jet aircraft at Van Nuys Airport is expected to be given when the commissioners meet again on July 17.

Health Net Contributes to Support of Military Families

This regular feature focuses on philanthropic activities by Valley-area companies and businesspeople.

Dating Site Reports Jump in Subscriptions

Tujunga-based online dating service Luvoo has reported a 725 percent increase in subscribers since it went public last month.

Casa Vega Keeps Tradition Alive as Boulevard Changes

Rafael Vega loses count of the number of neighboring restaurants along Ventura Boulevard that have closed since he opened Casa Vega 50 years ago.

Manager Keeps Control at World's Busiest Airport

Selena Birk oversees daily operations at Van Nuys Airport, the world's busiest general aviation airport.

FCB, National Mercantile Latest in Merger Flurry

The decision to merge FCB Bancorp and National Mercantile Bancorp is one of an increasing number of mergers and acquisitions taking place in the banking industry, Shelly Garcia reports.

Low-Key Aviation Company Plans Expansion in Burbank

AvJet may be keeping its clients secret, but it was hard to hide an agreement just reached to construct a new hangar at its Bob Hope Airport home.

Pizza Parlor Pops Up in Burbank

N.Y.P.D. Pizza, an Orland-based chain of Big Apple-themed pizzerias and delicatessens, has opened its first L.A.-area outpost in downtown Burbank.

Financial Partners

Alan Shorr and Morrie W. Reiff, founders of AFA Financial Group LLC, didn't think twice when they launched the company in 1999.

Santa Clarita Officials Say Closing Park Would Have Huge Effect

Business leaders in Santa Clarita Valley are still reeling from the news that longtime economic engine, Magic Mountain, could be sold to a residential developer.