Stories for June 2004

Monday, June 21

Valley Briefs

Hahn Commissioners Resign; Diodes Gets Accolades; Cherokee's Target Sales Slow; IHOP Corp. Adds Franchises; Sport Chalet Gets New Board Member

NEWSMAKERS

Jim Sherman Exits West Hills for Los Robles

Simi Valley Prepares Itself for Reagan-Related Business

Within two hours of the news that Ronald Reagan, the 40th president of the United States, had died, Holiday Inn Express in Simi Valley had sold out its rooms for the week.

VALLEY STOCK WATCH

Stock activity for 50 selected greater San Fernando Valley-based public companies

Valley Companies Show Off HiDef Pursuits at Event

High-definition, HiDef, HD. All of these were buzzwords at CineGear 2004, Hollywood's annual trade expo featuring the latest in filming equipment gadgets and gizmos. They stand for the same thing: the new emerging technology that is taking over Hollywood

PLUM to Hear Temple Case

A long-running neighborhood scuffle involving an Orthodox Jewish synagogue and some local residents and business owners will come back to the front burner this week.

LETTER

Letter to the Editor: Labor Shortage?

Ice Cream Maker Serves Up Goodwill in Charitable Work

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Tireless Leader Grows Firm Rapidly in Peripherals Field

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THE LIST - Valley Title Companies

The Business Journal's list of the top Valley Title companies, ranked by dollar value of mortgages insured during 2003

Top-Notch Service Brings Hotel High-Level Reputation

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Small Businesses: Having the Freedom to Make It Big

Small Businesses: Having the Freedom to Make It Big

Owner Invests in Worker Loyalty With Education

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What Makes a Successful Product?

In 1658, sometime author Richard Franck declared in his book "Northern Memoirs," "necessity is the mother of invention." Chances are Franck's quote didn't concern business, considering he was a salmon fisherman who wrote from extensive personal experience

VEDC Offers Financial Resources, Expertise to Firms

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After Slow Start, Online Advertising Is Gaining Converts

As more and more businesses opt to advertise their services online, several San Fernando Valley firms that facilitate the placement of the ads are seeing their businesses boom.

Porn Biz Skirts Workers' Comp by Hiring Independents

With the recent outbreak of HIV in the adult entertainment industry, you might think producers have turned their attention to the health care and related benefits available to these performers.

INTERVIEW: No Small Task

Alberto Alvarado leads the local district office of the small business administration as the government agency caters to a renewed boost in entrepreneurism

Business Tax Panel Sets Agenda for Pushing Reform

The Business Tax Advisory Committee, the group of business leaders that was assembled to develop a plan for business tax reform in the City of Los Angeles, was expected to stay together past its disbandment date as reform efforts head toward possible comp

Bobrick Washroom Purchases Division Of Koala Corp.

North Hollywood-based Bobrick Washroom Equipment, a manufacturer of commercial washroom accessories to building owners and suppliers domestically and internationally, has acquired a division of Colorado-based Koala Corp.

VALLEY, L.A. COUNTY ECONOWATCH

Charts of Economic Indicators, Real Estate, Tourism...

Wells Unit Acquires Speare

One of the largest insurance brokerage companies in the San Fernando Valley has been acquired by a division of Wells Fargo & Co.

Executive Helps Firms Improve Communication Skills

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UCC Honors Small Businesses In Gathering of Area Chambers

the United Chambers of Commerce of the San Fernando Valley, held their annual Small Business Awards on Friday, June 11.

Company Puts New Face on Traditional Printing Business

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Serving Up the Right Restaurant Concept

Recently a couple that has long been eating at Art's Deli celebrated their 46th wedding anniversary by having lunch at the Studio City restaurant.

Young Businessman Bangs Out Problems in Body Shop

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James L. Robinson figures he has spent about half of the last year on the road. Such is the price of admission when you are trying to build a brand name in the energy drink sector where at least 200 rivals vie for attention. And when your marketing budget

Hotels Look Like the Next New Thing for Developers

Hotels Look Like the Next New Thing for Developers

No Long-Term Threat Seen in Soaring Consumer Prices

So far in 2004 gas is hovering around $2.40 a gallon; the price of milk has jumped to four bucks a gallon, and you could probably feed a small third world country for what it costs to buy a pound of beef.

Firms Thrive While Defying Daunting Odds

Statistics show that 80-85 percent of all small businesses fail within the first five years, a daunting figure that could intimidate almost anyone considering starting their own enterprise.

Firm Makes It Easier to Control Valuable Resource

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Monday, June 7

THE LIST - VALLEY'S Largest Public Companies

The Business Journal's list of the VALLEY'S largest public companies Ranked by market capitalization

Southland Title Purchased Amid Probe by State

Southland Title Corp. has been acquired by LandAmerica Financial Group Inc., one of the four largest title insurers in the country.

Credit Unions Get Down To Business

Credit Unions Get Down To Business

Lending a Hand

Burbank mortgage firm, propelled by a young ownership and staff, grows quickly to find its place in competitive industry

VALLEY BRIEFS

Other brief news stories

Productivity of Manufacturing Jobs Critical for California

Capitol Punishment By Gregory N. Lippe, managing partner of the CPA firm of Lever, Lippe, Hellie & Russell LLP (LLHR) and a director of the Valley Industry and Commerce Association (VICA).

As Busline Revs Up, Businesses Take Hit

As workers donning orange hard hats work away on the Metro Orange Line busway project in Canoga Park, some nearby businesses are hurting because of a street closure associated with construction.

New Law Putting Licensing Fees on Tobacco Sellers

New Law Putting Licensing Fees on Tobacco Sellers

Lenders Prepare for Life After Strong Refinance Market

Lenders Prepare for Life After Strong Refinance Market

L.A. Budget Mixed Bag for Businesses

Using a new priority-based budgeting system that heavily took into account the opinions of neighborhood councils, Mayor James Hahn and the Los Angeles City Council passed a budget that aimed to adversely impact local businesses as little as possible, city

THE LIST - Valley-based Banks and Credit Unions

The Business Journal's list of the top 10 valley-based Banks and credit unions, Ranked by assets as of March 31, 2004

Community Colleges React to Job-Training Requests

From manufacturers to wholesale trade to the services sector, San Fernando Valley companies are having a hard time recruiting qualified workers, the results of a Cal State Northridge economic forecast survey found.

State's Colleges Taking Brunt of Cuts in Budget

Last January when Gov. Arnold Schwarzenegger displayed his tentative budget, numerous people panicked over the proposed steep cuts to health services for the poor, transportation, and other social services.

VALLEY, L.A. COUNTY ECONOWATCH

Charts of Economic Indicators, Real Estate, Tourism...

Retail Real Estate Expected to Thrive in Second Half

Retail Real Estate Expected to Thrive in Second Half

Group Ties School and Housing for First Time in Valley

To all appearances, the five acres that runs along Canoga Avenue at Cohasset St. in Canoga Park looks like any other construction site. But behind the chain link fencing, something unusual is taking place

First Bank of Beverly Hills Plans Expansion

The holding company for First Bank of Beverly Hills has divested its non-banking subsidiary, leaving the company free to focus on building the bank, officials said.

Small Firms Forced to Practice "Lean" Manufacturing

Traditionally thought to be applicable only to manufacturers with high volume production, a method called "lean manufacturing" is making its way into smaller firms

Pacoima Chamber Staging a Rebirth By Listening to Firms

Pacoima Chamber Staging a Rebirth By Listening to Firms

Valley Companies Riding Auto Customization Craze

On a popular new show on MTV hosted by rapper Xzibit called "Pimp My Ride," a crew of auto mechanics from the West Coast Customs shop transforms an old, raggedy car into a fixed-up, glossy painted marvel

Software Group Issues Guidelines on Offshore Work

Offshore outsourcing is a hot topic in an election year, because from a political approach, it is about whether or not American jobs are being sent overseas and hurting the nation's economy and Americans' livelihoods as a result.

VALLEY STOCK WATCH

Stock activity for 50 selected greater San Fernando Valley-based public companies

Kitchen Not Too Small for Seven Sisters, Their Creations

FAMILY BUSINESS - Clad in lavishly embroidered green and white blouses, wearing black skirts, the seven Munos sisters smile and greet customers at Panorama City's Las Huaresitas restaurant.

Banks Offer Incentives to Move Online

Banks Offer Incentives to Move Online

Rekindling Memories, Farrell's Makes Return to Area

Nearly any Valley resident over the age of 30 remembers the Farrell's Ice Cream Parlours that dotted the area during the 1970s and 1980s.