Staff Reporter (Retail, Nonprofits)
FINANCE: Marlon Nichols seeks multicultural returns.
Venture capitalist targets minority millennials.
Accounting: All-cash industry poses challenges for bookkeeping.
New leaders at hospitals, mental health center.
TRANSPORTATION: Low-income areas may get extra wheels.
Valley could benefit from new rules on electric scooters.
The dockless electric scooters that have popped up in neighborhoods throughout the Westside and Central Los Angeles may soon come to the San Fernando Valley.
Hip hop artist B-Real of the group Cypress Hill opened a marijuana dispensary Wednesday in Sylmar.
Shares of California Resources Corp. dropped more than 10 percent on Wednesday as crude oil prices fell 3 percent to below $65 a barrel.
Salem Media Group has acquired former financial analyst Hilary Kramer’s investment newsletters and websites, the Camarillo-based conservative and Christian media company announced Monday.
GlassRatner, a subsidiary of B. Riley Financial Inc. in Woodland Hills, announced Thursday that it advised Coast Mesa car dealer Orange Coast Auto Group in its acquisition of Costa Mesa-based South Coast Acura.
Shares of Salem Media Group Inc. fell more than 16 percent Thursday after the Camarillo-based Christian and conservative media company announced a worse-than-expected quarterly loss of $2.2 million, or -8 cents a share.
Woodbury University has appointed three new members to its board of trustees, the Burbank institution announced Thursday.
CBD ‘mood enhancer’ helps with recruiting new customers.
NoHo café sells coffee with hemp compound.
TECHNOLOGY: Patent acquisitions work for Camarillo chip maker.
Semtech’s acquisition strategy spurs growth.
A group of small retailers feels that escalating rents will ruin the charm they’ve built in Magnolia Park.
Rising rents threaten Burbank small businesses.
MORTGAGE LENDING: Firm touts fast closing times for homebuyers.
New mortgage lender in Camarillo.
California Resources Corp. reported a worse-than-expected quarterly loss of $82 million, or $1.70 a share, the Chatsworth oil and gas company announced Thursday.
Dole Food Co. finalized its merger with European fresh produce distributor Total Produce Tuesday in a $300 million deal.
Ice cream chain Baskin-Robbins opened its 8,000th store in Thousand Oaks on July 25.
NONPROFIT: OneGeneration acquires Grandparents as Parents in non-cash deal.
San Fernando Valley nonprofits merge.
RETAIL: Amid crackdown, neighbors cite odor, rent hikes.
Businesses not happy with illegal pot shops.
As city of Los Angeles cracks down on dispensaries, neighbors complain of odors and potential rent hikes.
IHOP has launched a new delivery service at more than 300 U.S. locations through a partnership with on-demand delivery app DoorDash, the Glendale-based restaurant chain announced Tuesday.
Princess Cruises has partnered with the makers of Monopoly-themed slot machines to host tournaments on hundreds of cruises this year, the Santa Clarita-based company announced Friday.
Avery Dennison Corp. will discontinue its pension plan effective Sept. 28, according to a Securities and Exchange Commission filing by the company.
B. Riley Financial Inc. has made new appointments to key executive positions including co-chief executive, the Woodland Hills financial services firm has announced.
The Glendale-based restaurant announced Monday on Twitter that it has changed its name back to IHOP.
Brigette Loden left a career in securities to run nonprofits. Now she applies her finance skills to fund Valley charities.
Profile: Brigette Loden of Community Foundation of the Valleys.
LIST: Traffic strategy shifts from department stores to gyms and theaters.
Mall owners repurpose space.
ADVISORY: New name and rebranding effort to be complete later this year.
B. Riley Financial renames, rebrands subsidiary.
APPAREL: Shares of the Sherman Oaks licensing company have dipped.
Cherokee Inc. faces liquidity issues.
California State University – Northridge has appointed Michael Izzi as its new athletic director, CSUN President Dianne F. Harrison announced Monday.
The Sears department store at the Janss Marketplace in Thousand Oaks will close this fall.
Retail sales agency Impact Group Inc. has acquired Sherman Oaks-based food broker Co-Sales Co. for an undisclosed amount, the company has announced.
B. Riley Financial Inc. announced Tuesday that its subsidiary, stock brokerage and investment advisory Wunderlich Securities Inc., will change its name to B. Riley Wealth Management Inc.
REAL ESTATE: Eatery and arcade chain moves into Northridge vacant space.
Dave and Buster’s opens at Northridge Fashion Center.
LIST: Organizations train donors on navigating new rules on contributions.
Valley charities face fundraising challenges.
TECHNOLOGY: Software startup lands venture capital, says company worth ‘in the neighborhood’ of $800 million.
ServiceTitan gets $62 million in venture capital.
Cheesecake Factory Inc. plans to open a new Asian fusion restaurant chain, which will make its debut at the Promenade at Westlake in Thousand Oaks this fall.
Limoneira Co. is offering around $60 million of its common stock to help fund the acquisition of a ranch in Chile, the Santa Paula agribusiness company announced Wednesday.
The Environmental Protection Agency has ordered two aerospace manufacturers to spend more than $21 million to clean up groundwater contamination at a Superfund site near the Hollywood Burbank Airport.
Dole Food Co. Inc. has appointed Michael Solomon as president of Dole Fresh Vegetable, the Westlake Village company announced Tuesday.
B. Riley Financial Inc. has partnered with Vintage Capital Management to acquire Rent-A-Center Inc, the Woodland Hills financial firm announced Monday.
Princess Cruises has begun broadcasting this year’s World Cup soccer matches for guests aboard nine of its cruise ships.
Cherokee Inc. could face the prospect of bankruptcy, the company announced in an earnings report on Thursday.
A federal judge has approved AT&T Inc.’s acquisition of Time Warner Inc., the parent company of Warner Bros. Entertainment in Burbank.
IHOP is temporarily changing its branding to IHOb as part of a marketing campaign to introduce a new line of burgers, the restaurant announced Monday.
Retail: Unless profits improve, S&P predicts Guitar Center will default on debt by 2020.
Is Guitar Center approaching insolvency?
Former mayor Thomas Flavin now works on economic development as chamber CEO.
Burbank Chamber CEO Thomas Flavin.
RETAIL: Ralphs tests scanning technology at Studio City store.
Ralphs in Studio City tests checkout app.