San Fernando Valley Business Journal


Wall Art

Investors find creativity pays on remodel projectsNew Standard Equities’ bold and successful apartment makeovers are heavy on creativity, light on expense.

By Carol Lawrence June 13, 2016 midnight   $$ Share

Applebee’s Tab Tops $75 Million

RESTAURANTS: Brand revamp largest in the chain’s history.

Will new grills, new steaks and new staff training cook up a healthy rejuvenation for Applebee’s Neighborhood Grill & Bar?

Defense Firm Pivots to Biotech

MEDICAL DEVICES: AdaFlow addresses circulatory conditions.

Robotics business Magzor Corp. finds it’s not so easy to switch industries after accidentally developing a medical device.

Tease photo

Holograms Light Marketing Way

Holographic image displays by Van Nuys’ Vntana can interact with consumers at stores, trade shows or movie theaters.

Cardless ATM Makes Money Convenient

Bank of America brings mobile technology to 35 Valley locations.

Bank of America catches up with cardless ATM technology and brings it to several Valley retail sites.

Finance Gets Personal in Classroom

Entrepreneurs sponsor curriculum on budget, investment skills.

Financial literacy classes, sponsored by businesses, score high marks at local schools.

Campaign Paints Nails as Patriotic

Hues include ‘Pale to the Chief’ and ‘Madame President.’

Local nail polish maker capitalizes on election season to debut new colors influenced by politics.

How to Shrink Cell Phone Data Bills

Consultant finds companies can save thousands monthly.

Cell phone overcharges create a niche market for a local company.

Tease photo

Retro-Style Auctioneers

COLLECTIBLES: Couple continues family legacy of selling mid-century memorabilia.

Art and memorabilia auction business gets boost from role on TV’s “Antiques Roadshow.”

Semtech Sells Snowbush for $32 Million Plus

ELECTRONICS: Chip maker could see future revenue from buyer’s inventions.

Camarillo’s Semtech sells off another business unit but could still make money from its IP.

Tease photo

Electric Trucks Ready to Roll in Lancaster Factory

TRANSPORTATION: BYD sees huge market for short-haul vehicles that don’t use gas.

A line of electric trucks could be a green pot of gold for BYD Motors.

Hospitals, Insurer Form Cost-Cutting Partnership

PROVIDER: Narrow-network plan will offer employers ‘value-based care’ option.

In an effort to lower costs for employers, health insurer Aetna Inc. of Hartford, Conn. and Providence Health & Services of Renton, Wash., have partnered to create a medical network called Aetna Whole Health in L.A. County.

Will Car-Tracking Phone Alter Insurance Rates?

TECHNOLOGY: Encino team creates app to provide data for calculating premiums.

Answer Financial has done a soft launch on a new smartphone app that can detect safe driving habits and turn that into discounts on auto insurance premiums.

Cycling Studio Spins Forward for Fundraising

FITNESS: Owner hopes to host monthly nonprofit event at the premises.

With the abundance of spin studios in the Los Angeles market, new cycling studio SoloCicla is late to the game. Still, the Studio City establishment has developed a niche it hopes will differentiate it from competitors.

The Stick-To-It Man

Mitchell Butier, new chief at label maker Avery Dennison, talks about building a durable company culture.

SoCal native Mitchell Butier talks teamwork and execution as the new head of label maker Avery Dennison Corp.

Brokers Bid for Residential Listings on Website

INTERNET: Homeowners select agents based on their service, commissions.

The For-Sale-by-Owner process for home sellers could get a lot easier now that there’s a new player in the space.

Around the Valleys

News and notes from the greater San Fernando Valley

The defense business unit of Teledyne Technologies Inc. has received a contract to contribute components to a micro satellite project for high-speed internet access.


Calendar of events

Taking Flight in Burbank

Hollywood Burbank Airport – to renovate, or not to renovate?

Tease photo

Profit Motive Drives Racing Fund

FINANCE: Formula One fans unite passions for money and motorsport.

Formula One in Lancaster? Company floats mutual fund that attracts fans and their money.

Drug Champs Try for Repeat

BIOTECH: Former Kythera execs unveil next billion-dollar idea.

From chin fat to hair and acne: former Kythera execs form another cosmetic treatment startup.

Walmart Preps Megastore Debut

RETAIL: Burbank location starts hiring for summer opening.

Three years delayed, Walmart is set to open its Burbank supercenter.

Tease photo

Medical Magnet

Developers see Tarzana as hub for health care

Tarzana’s newest medical building will open doors to advanced cancer treatment for locals and could boost medical office construction in the area.

Tease photo

Big-Screen Games Fill Cinema Seats

Simi theater offers alternatives to studio movies with popcorn.

Iconic movies and online interactive games lure audiences to Studio Movie Grill in Simi Valley.

Tech Firm Tries Travel Site Rewrites

Search engine ranking figures into content for hospitality clients.

Moravia IT expands from technology to travel website content creation.