Stories for September 2009

Wednesday, September 30

Building gets initial OK

CITY HALL , A 26,000-square-foot mixed-use medical office building proposed for the city's San Fernando corridor received initial city approval.

Economy dips at 0.7% pace in 2Q

WASHINGTON -- The economy shrank less than expected in the second quarter as businesses and consumers trimmed their spending at a slower pace, buttressing beliefs that the economy is now growing.

New Oxnard clothing store sees niche despite recession

Some might say opening a new store in the midst of a recession is a risky move, but Don Yi puts a different spin on it.

Tuesday, September 29

Local business summit to discuss state government

The Ventura County Economic Development Association's annual outlook on the business environment will examine the state's governance going forward.

VALLEY STOCK WATCH

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

Pooh rights belong to Disney, judge rules

Two remaining copyright and trademark suits are dismissed by U.S. District Judge Florence-Marie Cooper, bringing to an end a feud with the Slesinger family that dates back to 1991.

Knocking them out of the park

Business is so good at Trader Joe's, Chipotle that shoppers struggle to find spaces.

Firm creates symbiosis between advertisers, state parks

Pasadena-based Government Solutions Group's sponsored programs help fund sites in several states. The money has been used for such projects as planting trees and creating playgrounds.

VALLEY, L.A. COUNTY ECONOWATCH

Charts of Economic Indicators, Real Estate, Tourism.

Matchframe, Azcar in Acquisition Deal

Azcar Technologies has acquired a controlling interest in post-production house Matchframe Video LLC in Burbank.

Investors Put $35 Million Into Marketing Firm

Marketing firm Advanstar Communications Inc. received $35 million in new capital following a restructuring of company debt.

Monday, September 28

Leading the Way in a New Era of Television

At the Helm of the ABC Television Network, Anne Sweeney is Affecting Change in the Way TV Content is Distributed

Profile of Anne Sweeney, co-chair, Disney Media Networks, and president, Disney/ABC Television Group.

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In PR Game, Studios Playing in the Bush Leagues

Despite Ample Staffs, They’ve Got No Time for Some Media

Reporter Mark Madler takes issue with some studio PR people

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3D Television Begins to Get Buzz Among Viewers

Manufacturers Show Off Products at Universal City Summit

3DTV: Content producers and consumer electronic manufacturers push ahead with 3D in the home

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Valley-Based Distributors Know International Habits

Valley, especially Ventura Blvd, is hub for international television distribution companies.

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Networks React to World Where Viewer is Programmer

Knowing What Watchers Want Becomes Even More Important

Overview of the state of the television industry and how networks are trying to keep viewers tuned-in

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Bar Members Target Convention Venue in San Diego Boycott

San Fernando Valley Bar boycotts Prop. 8 friendly hotel

AROUND THE VALLEYS

Festival Puts Spotlight on Local Filmmakers

A look at the people, places and things that make our valleys tick.

Missed Opportunities…and Missed Pleasures

KALEIDOSCOPE - OUR CHANGING VALLEY

Columnist Marty Cooper talks about missed opportunities

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VALLEY NEWSMAKERS

New Position Focuses on Original Game Titles

New hires and appointments at Valley companies.

One Year Later: Getting a Better Perspective

FROM THE NEWSROOM

Editor Jason Schaff says that a year after the meltdown of the economy accelerated, things are calming down somewhat

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Working on the Boomer Retirement Problem

Programs Put in Place to Deal With Big Gap

Local businesses struggling to find younger employees to replace aging Baby Boomers.

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Lancaster Forms Tourism Bureau To Boost Economy

Group Fights Perception That Area is ‘Too Far’

City of Lancaster opens visitors bureau as part of economic stimulus plan.

Opportunities for New CEO of Two Hospitals

Familiar Face Hired

New CEO of Sherman Oaks and Encino Hospital discusses challenges and opportunities.

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Residential Real Estate Market Is Not for the Faint of Heart

Distressed Property Specialists Cleaning Up Big Mess

Distressed asset specialists cleaning up big residential real estate mess.

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Shaky Finances Hurting Hospitals’ Seismic Compliance

Officials Say It’s Impossible to Meet State-Mandated Deadlines

Seismic retrofitting big financial hurdle for Valley hospitals

A Businessman’s Perspective on Healthcare Reform

Preventative Medicine Key to Cutting Costs, says Selter

Interview with Marvin Selter, former chair of VICA

Burbank Team Focuses on Development

The City of Burbank is launching an economic development campaign to better position Burbank as a major economic force in Southern California.

Court Closures Spark Debate in Legal, Business Circles

So-Called Furloughs Can Have Ripple Effect, Lawyers Say

Are furloughs saving money?

Glendale Offers Neon Museum Larger Space

A vacant building in Glendale that once housed the Salvation Army may become the permanent site for the Museum of Neon Art.

Valley Businesspeople Look For Answers From Candidates

Opponents in Runoff Asked To Be Active in City Reforms

Essel and Krekorian face run-off in December.

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Flagg Sees Diverse, Youthful Future For Valley Bar

New President Lays Out Vision for Group’s Coming Year

Profile of San Fernando Valley Bar head.

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Honda Honored With Fernando Award

Business Leader Given Top Volunteerism Distinction For Making Valley a Better Place

David Honda wins Valley volunteerism award. Encino Chamber Honors Armand Arabian Leaders. Two Valley Properties Receive TOBY Award

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CHAMBER BRIEFS

Summaries of activities from the Valley's Chambers of Commerce

Jim Scanlon: Taking and Moderating Risks

Valley Native Adds Consulting Services To The Insurance Firm Founded by His Father

ENTREPRENEUR: Jim Scanlon, CEO of Scanlon/Guerra/Burke

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New Continuing Education Requirements for CPAs Focus on Ethics, Law

The California Society of Certified Public Accountants reported that the California Board of Accountancy, which regulates the profession, is revising its continuing-education requirements for CPAs.

Bar Members Target Convention Venue in San Diego Boycott

San Fernando Valley Bar boycotts Prop. 8 friendly hotel

In PR Game, Studios Playing in the Bush Leagues

Reporter Mark Madler takes issue with some studio PR people

One Year Later: Getting a Better Perspective

Editor Jason Schaff says that a year after the meltdown of the economy accelerated, things are calming down somewhat

3D Television Begins to Get Buzz Among Viewers

Content producers and consumer electronic manufacturers push ahead with 3D in the home

Burbank Team Focuses on Development

The City of Burbank is launching an economic development campaign to better position Burbank as a major economic force in Southern California.

Opportunities for New CEO of Two Hospitals

New CEO of Sherman Oaks and Encino Hospital discusses challenges and opportunities.

Loss Mounts Up at Qualstar

Automated tape storage and power products supplier Qualstar Corp. widened its net loss in the fourth quarter when compared with the previous year.

Working on the Boomer Retirement Problem

Local businesses struggling to find younger employees to replace aging Baby Boomers.

Court Closures Spark Debate in Legal, Business Circles

Are furloughs saving money?

Leading the Way in a New Era of Television

Profile of Anne Sweeney, co-chair, Disney Media Networks, and president, Disney/ABC Television Group.

Inphi and Netlist in Patent Dispute

Inphi Corporation, a high-speed analog semiconductor company in Westlake Village, announced in a press release that it will "vigorously" defend itself in response to a patent infringement lawsuit filed by Irvine-based Netlist, Inc.

Missed Opportunities and Missed Pleasures

Columnist Marty Cooper talks about missed opportunities

Residential Real Estate Market Is Not for the Faint of Heart

Distressed asset specialists cleaning up big residential real estate mess.

Lancaster Forms Tourism Bureau To Boost Economy

City of Lancaster opens visitors bureau as part of economic stimulus plan.

AROUND THE VALLEYS

A look at the people, places and things that make our valleys tick.

Glendale Adventist Medical Center to Become Energy-Efficient

Glendale Adventist Medical Center has begun the process of changing out more than 5,000 light bulbs across the complex and replacing them with energy efficient lights.

Valley Businesspeople Look For Answers From Candidates

Essel and Krekorian face run-off in December.

Honda Honored With Fernando Award

David Honda wins Valley volunteerism award. Encino Chamber Honors Armand Arabian Leaders. Two Valley Properties Receive TOBY Award

Flagg Sees Diverse, Youthful Future For Valley Bar

Profile of San Fernando Valley Bar head.

Shamrock Holdings mixes it up with cement maker Texas Industries

The Disney family investment company agitates for change at the Dallas building materials supplier and is pushing to place three of its people on the company's seven-member board

Shaky Finances Hurting Hospitals' Seismic Compliance

Seismic retrofitting big financial hurdle for Valley hospitals

Networks React to World Where Viewer is Programmer

Overview of the state of the television industry and how networks are trying to keep viewers tuned-in

A Businessman's Perspective on Healthcare Reform

Interview with Marvin Selter, former chair of VICA

Valley-Based Distributors Know International Habits

Valley, especially Ventura Blvd, is hub for international television distribution companies.

Friday, September 25

Camarillo fiscally healthy, mayor says

Despite cuts in state funding, Camarillo continues to have a healthy fiscal outlook, with no major cuts to services, the mayor said Thursday in the annual state-of-the-city address.

Orders for durable goods drop unexpectedly in August

WASHINGTON -- Orders for goods expected to last at least three years fell unexpectedly in August due mainly to a drop in demand for commercial aircraft. The worst reading since January for durable goods is evidence that any recovery in manufacturing will

Thursday, September 24

Vons will get a makeover

Spokesman says it's a coincidence the store is changing with talk of Trader Joe's swirling.

Sales of existing homes drop 2.7%

The August rate was a decline from July, but it's higher than what it was a year earlier. Last month's median price of $177,700 was mostly unchanged from July.

Wednesday, September 23

Pasadena office complex is acquired for $52 million

The sale of two buildings and a parking structure to local and Asian investors may be the largest office property sale of the year in Los Angeles County, according to brokerage CB Richard Ellis.

Council OKs Trader Joe's

Company official says store would like to move quickly toward adding a site in Montrose.

Medical Device Maker Receives $24 Million in Financing

Molecular imaging systems manufacturer Gamma Medica-Ideas Inc. received $24 million in financing to bring its digital products to new markets and expanding into current markets.

Tutor Perini Awarded Homeland Security/Coast Guard Contract

Sylmar-based construction company Tutor Perini Corp. was awarded a $500 million government contract to build U.S. Coast Guard facilities.

ABA Seeks Summary Judgment Against FTC on Red Flag Rule

The American Bar Association filed a motion for summary judgment in its action seeking an injunction blocking the Federal Trade Commission from enforcing the so-called Red Flags Rule against lawyers.

Local community bank benefits detailed

CLU hosts Corporate Leaders Breakfast

Essel and Krekorian in December Runoff

Assemblyman Paul Krekorian and former Paramount Pictures Corp. executive Christine Essel will face each other in a December 8 runoff election to replace former Los Angeles City Councilwoman Wendy Greuel in the 2nd District.

Tuesday, September 22

Council set for realignment decision

City departments would combine or be eliminated in plan to streamline local government.

Disney CEO Bob Iger weighs replacements for studio chief Dick Cook

One executive that's a subject of speculation is Disney Channel President Rich Ross. Another John Lasseter, chief creative officer for Pixar and Disney Animation Studios.

Monday, September 21

Officials mull one-time boost for businesses

Local shops could benefit from $37K stimulus, especially with holiday season on the horizon.

Banco Bueventura failed to live up to promises

When the doors are locked for good today on Banco Buenaventura in downtown Oxnard, all that will remain is a failed promise to provide a financial home for new immigrants and underserved Latinos.

Image At Risk of NASDAQ Delisting

Image Entertainment Inc. received notice that the value of its common stock had fallen below the $15 million limit required by the NASDAQ Global Listing.

Council District 2 Special Election

In a special election Sept. 22, San Fernando Valley Voters will choose from 10 candidates running for the Los Angeles City Council District 2 seat left vacant by Wendy Greuel, who was elected as City Controller in March.

Leading economic indicators rise in August

NEW YORK -- A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference's Board leading indicators point to an economy on solid ground early next year, though some analysts c

Friday, September 18

Plaintiffs' Lawyers Giving Big to Campaigns

Attorney general, insurance commissioner posts targeted

Thursday, September 17

Courts to Close Third Wednesdays

Move in Response to Budget Problems

ReachLocal Buys Out Australian Partner

Company is now sole owner of all international operations.

Wednesday, September 16

Demand for job advice is surging

SOUTH GLENDALE , Demand for career advice has skyrocketed at the Verdugo Jobs Center, more than doubling from last year's stream of about 4,000 monthly out-of-work visitors, the Verdugo Workforce Investment Board reported Tuesday.

MRV Facing Board Takeover by Dissident Shareholders

A group of investors in networking equipment and optical component manufacturer MRV Communications Inc. is attempting to replace the company's entire board and management team.

Southern California's vital signs are improving

Data suggest that an economic recovery has begun in the region. But the state's picture isn't all bright.

Owners scare up tenants

Halloween stores are filling spaces recently vacated by out-of-business big-box retailers.

Mircera infringes on Amgen patents

THOUSAND OAKS , Amgen Inc. announced Tuesday that the Court of Appeals for the Federal Circuit affirmed an earlier Massachusetts District Court decision that Roche's anemia drug, Mircera, infringes on four Amgen patents.

Tuesday, September 15

Reserved Job Market Expected for Q4

The job market remains a grim picture, as employers in Los Angeles, Long Beach and Santa Ana are expected to continue to hire at a very cautious pace during the fourth quarter of 2009, according to the Manpower Employment Outlook Survey.

Conejo Valley cities competing to be Amgen Tour hosts

Thousand Oaks, Westlake Village and Agoura Hills will jointly submit a request this month to be host cities for the final leg of the 2010 Amgen Tour of California, billed as the largest cycling race in the U.S.

Retail sales rise more than expected in August

WASHINGTON -- Retail sales jumped in August, spurred by widespread gains beyond the expected increases of auto sales due to the government's popular Cash for Clunkers program.

Monday, September 14

Cheesecake Factory Joins the Fight Against Hunger

Cheesecake Factory joins the fight against hunger

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Valley Hospitals Reconfigure Operations for Flu Influx

Officials Map Out Careful Strategy for Coming Months

With the threat of H1N1, upcoming flu season poses serious challenges for area hospitals.

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Disasters Forcing Us to Focus on the Basics

Wildfires and pipe ruptures in Southern California

Wildfires and pipe ruptures in Southern California. Column by Jason Schaff

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AROUND THE VALLEY

A look at the people, places and things that make our valleys tick.

VALLEY NEWSMAKERS

New hires and appointments at Valley companies.

Phase III of NoHo Commons One Step Closer to Completion

Parking Structure Wrapped-up A Month Ahead of Schedule

Phase III of NoHo Commons one step closer to completion. Column by Eric Billingsley

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Watching the Detectors

Dennis Reid Built a Business Around Tracing and Measuring Hydrogen Leaks, Now New Applications Steer H2Scan Toward Profitability

Dennis Reid of H2Scan, manufacturer of hydrogen sensing devices

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City Council Candidates Tackle Business Issues at Forum

Union Influence, Taxes Among Topics Discussed

Five candidates in the race to fill a vacancy on the Los Angeles City Council participate in a forum.

ENTREPRENEUR

Sherman Oaks-Based MegaMeeting is Bridging Time and Space Through Video Conferencing

Scott Goldman and Dan Richmond of MegaMeeting.com

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Trademark Protection for More Than Your Name and Logo

Protecting Sounds, Scents and Other Non-Mainstream Marks

Protection for sounds and scents. Guest Column by Tal Grinblat

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Sales Involvement Necessary for Marketing Campaigns

Men and Women on the Street Give Valuable Input on What Clients Need

Salespeople an integral part of the marketing campaign

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Tackling Recession Gaining Ground in Santa Clarita

SCV Chamber of Commerce Hosts Economic Town Hall Meeting

Santa Clarita Chamber of Commerce Townhall meeting discussed state of the local economy.

Transit TV Programming Returning to Metro Buses

Sun Valley Firm Buys Assets After Bankruptcy Filing

Sun Valley firm bringing Transit TV back to Metro busses

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Move to West Hills Bringing Expansion for Burn Center

Grossmans Leave Sherman Oaks After 40 Years

Grossman Burn Center moving to West Hills Hospital.

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Sarbanes-Oxley Leaves Mixed Emotions Throughout Industry

It Wasn’t Supposed to Take This Long, Professionals Say

Sarbanes Oxley’s impact on the financial meltdown of '08-'09, and the next end-all, be-all accountability paradigm

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Challenges Emerge When Passing Leadership Baton

Firms Dealing With the Generation Gap in Their Own Ways

Shortage of prime leadership-aged Gen-Xers in professional services industries, especially accounting, leaves firms scrambling to shore up their succession plans.

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21st Century’s Turbulent Year

Insurer Undergoes Consolidation

Follow-up on Farmers Insurance decision to cut 500 jobs at its 21st Century unit in Woodland Hills.

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Mann Theatres Tries to Unload All of Its Locations

Venture is Loser for Warner Bros.-Viacom

Cinemerica, a joint venture between Warner Bros. and Viacom, selling local theaters in the Mann chain.

For Some, The Paperless Trail Leads To More Paper

But Electronic Files Have Become the Norm for Most Firms

In 2003, AICPA defined the meaning of the term “paperless accounting office.” But how paperless is paperless in 2009?

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CSUN Accounting Graduates Usually Stay Close to Home

Annual Networking Event Pairs Students, Professionals

During the past 30 years, Cal State University, Northridge has built a national reputation for turning out top-notch accounting graduates

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Tackling Recession Gaining Ground in Santa Clarita

Santa Clarita Chamber of Commerce Townhall meeting discussed state of the local economy.

Valley Hospitals Reconfigure Operations for Flu Influx

With the threat of H1N1, upcoming flu season poses serious challenges for area hospitals.

Transit TV Programming Returning to Metro Buses

Sun Valley firm bringing Transit TV back to Metro busses

City Council Candidates Tackle Business Issues at Forum

Five candidates in the race to fill a vacancy on the Los Angeles City Council participate in a forum.

Parking for high rollers

For $14,600 a year, new airport program gives wealthy travelers their own stalls.

Confessions of an Irresponsible Voter

Confessions of an irresponsible voter

Sales Involvement Necessary for Marketing Campaigns

Salespeople an integral part of the marketing campaign

San Fernando Valley Financial Development Corporation's SBA Loan Program Hitting High Goals

Less than a year after it began operating, the Certified Development Company affiliated with the San Fernando Valley Financial Development Corporation has approved more than $7.4 million dollars in small business loans and is expecting to rank among the t

For Some, The Paperless Trail Leads To More Paper

In 2003, AICPA defined the meaning of the term "paperless accounting office." But how paperless is paperless in 2009?

Disasters Forcing Us to Focus on the Basics

Wildfires and pipe ruptures in Southern California

Watching the Detectors

Dennis Reid of H2Scan, manufacturer of hydrogen sensing devices

VALLEY STOCK WATCH

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

Move to West Hills Bringing Expansion for Burn Center

Grossman Burn Center moving to West Hills Hospital.

Aviation Lawsuit

A dispute between two aviation services companies at Van Nuys Airport has landed in court

National Technical Income Drops in Q2

Despite an increase in new orders from the aerospace and defense industries, engineering services provider National Technical Systems Inc. had a drop in net income for the second quarter when compared with the previous year.

Phase III of NoHo Commons One Step Closer to Completion

Phase III of NoHo Commons one step closer to completion

Sarbanes-Oxley Leaves Mixed Emotions Throughout Industry

Sarbanes Oxley's impact on the financial meltdown of '08-'09, and the next end-all, be-all accountability paradigm

Cheesecake Factory Joins the Fight Against Hunger

Cheesecake Factory joins the fight against hunger

Trademark Protection for More Than Your Name and Logo

Protection for sounds and scents. Guest Column by Tal Grinblat

VALLEY BIZ SEEN

Photographs of business-related events in the valleys, including parties, awards dinners, benefits and other celebrations.

VALLEY ECONO WATCH

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

City looks to legalize - and tax - medical marijuana

CITY HALL , Amid a statewide push to legalize medical marijuana as a taxable product, the City Council today is expected to introduce a 45-day moratorium on pot dispensaries while officials take stock of the evolving legal landscape.

SOAR opposing Simi's annexation of Reagan Library

A compelling case hasn't been made to remove the Ronald Reagan Library and Museum and surrounding properties out of a greenbelt agreement, according to a top official at Save Open-space and Agricultural Resources.

Mann Theatres Tries to Unload

Cinemerica, a joint venture between Warner Bros. and Viacom, selling local theaters in the Mann chain.

CSUN Accounting Graduates Usually Stay Close to Home

During the past 30 years, Cal State University, Northridge has built a national reputation for turning out top-notch accounting graduates

Schwarzenegger may order a change in green energy rules

An order expected this week would require a third of energy to come from renewable resources -- possibly with no limit on importing such power from other states. He may seek to include nuclear power.

AROUND THE VALLEYS

A look at the people, places and things that make our valleys tick.

Saturday, September 12

Honda Wins Fernando Award

Northridge resident receives Valley's top volunteerism honor

Friday, September 11

Zender's, in receivership, to shut down

In business since '75, T.O. store liquidating merchandise

Video game sales fell 16% in August from a year earlier

The drop was the industry's sixth consecutive monthly decline, according to a report released by market research firm NPD Group.

Thursday, September 10

Lazer Broadcasting may appeal second verdict

A second jury has ruled that Ventura County's largest Spanish-language radio station operator undermined ticket sales for a concert sponsored by a smaller competitor, but the long-running case still may not be over.

New bill set to target scam artists

Legislation awaiting governor's signature aims to stop talent scouts from bilking aspiring stars.

July trade deficit climbs 16.3% to $32 billion

WASHINGTON -- The U.S. trade deficit shot up in July to the highest level in six months as a surge in shipments of foreign oil and autos pushed imports up by a record amount.

arvato Expands With Distributor Exhibition

arvato digital services expanded its reach to software publishers and online retail partners with the acquisition of assets of Protexis, a digital content distributor.

Coalition to Study Audience Measurement for Old, New Media

Media, advertising and telecommunications companies have joined forces to form a new group to find new ways to measure audiences across traditional and new media.

Wednesday, September 9

Warner Bros. Creates New DC Entertainment Division

Warner Bros. Entertainment has restructured its DC Comics business unit to better integrate its characters and brand into the other company divisions.

Proposal would restrict credit checks on job seekers

A bill headed to Gov. Schwarzenegger would narrow the category of jobs for which employers could investigate the financial background of applicants.

Homeownership rates expected to drop with housing market

Homeownership rates in California and across the nation skyrocketed to new highs in recent years, but the bursting of the housing bubble is sure to bring them down , something economists say is a good thing.

Creative-media corridor gains some favor

City official is asked to research idea of designating San Fernando Road area as art district.

Tuesday, September 8

Centrist Dems Vow to Stop States 'Over-regulating' Banks, Lenders

A group of U.S. legislators, including self-described centrist Democrats appear to be lining up against the White House in its effort to establish a federal consumer protection agency, while instituting a massive overhaul of the rules that govern banks, l

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The heavily leveraged fresh produce company hopes a $500-million stock sale bears fruit.

City approves recycling pact

Council OKs a deal with private contractor facing allegations of fraud regarding the collection of recycled materials.

County water suppliers aim to reduce usage

Irrigation conservation classes seen as one of ways to cut back

Disney Interactive Adds New Game Studio

Disney Interactive Studios has acquired a Chicago-based video game development studio and adds its executive team a creator of the popular "Halo" series of video games.

Friday, September 4

HMO claims-rejection rates trigger state investigation

California Atty. Gen. Jerry Brown is joining state regulators in scrutinizing the payment practices of seven major health plans in response to complaints from physicians and hospitals.

Pierce Puts Hold on Applications for Farm Land

The Los Angeles Community College District recently halted the process for accepting applications for a 25-year joint occupancy lease for the Pierce College Farm.

Teledyne Subsidiary Makes Full Acquisition of Fiber-Optic Firm

A Teledyne Technologies Inc. subsidiary has acquired the remaining shares of a Florida-based manufacturer of fiber-optic connect systems.

Business is coming up roses

Flower mart across the street from Forest Lawn has been a hotbed up to Jackson burial.

Thursday, September 3

Grocery store showdown

Consumers hammered by a lingering recession got a boost Wednesday when two major supermarket chains slashed prices on thousands of items to help ease the pain at the checkout stand.

Large U.S. retailers struggle in August as sales fall 2.9%

Teen apparel leads the decline, raising concerns about back-to-school shopping and the upcoming holiday buying season. Off-price retailers and discounters provide some good news.

Fire-Related Activity at Whiteman Airport

Recreational propeller aircraft flights have gone down at Whiteman Airport due to the smoke and haze from the Station wildfire in the nearby mountains.

End is near for post office

Magnolia Park site is reminded why locals appreciate it. But by the year's end, that alone will likely not be enough.

Lockheed Federal Credit Union to Help Fire Family Foundation

Lockheed Federal Credit Union is collecting contributions in honor of the two fire fighters who lost their lives in the recent Station fire.

Wednesday, September 2

Gubernatorial Candidate Gavin Newsom Speaks to VICA

San Francisco Mayor and gubernatorial candidate Gavin Newsom touted his business background and the business framework that he says has defined his time in public office, during a luncheon hosted by the Valley Industry & Commerce Association.

Tuesday, September 1

Affinity Bank seized, sold, FDIC says

Sites reopen as Pacific Western Bank branches

ABA Fund gets $5.2 Million for Pro Bono Services, Education

The American Bar Endowment announced $5.2 million in grant awards to the American Bar Association Fund for Justice and Education and the American Bar Foundation recently.

Farmers to Slash Hundreds of Jobs at Woodland Hills Location

Farmers Insurance Group, California's largest auto insurer, announced plans to cut 554 jobs this year at the offices of its newly acquired 21st Century Insurance unit in Woodland Hills.

State Bar Seeks Applicants for Two Top Jobs

The State Bar of California is reaching out to attorneys across the Golden State with news of two high-profile job openings, as the organization seeks to fill the positions of chief trial counsel and general counsel.

Grossman Burn Center Moving to West Hills Hospital

Grossman Burn Center will be relocating from its longtime home at Sherman Oaks Hospital to West Hills Hospital & Medical Center during the first months of 2010.

Net Loss Widens for Interlink in Q2

Interlink Electronic Inc. expects to see continued cost savings now that its manufacturing operations have been consolidated in China.

Manufacturing, real estate activity grew in August

The U.S. manufacturing sector grew in August after shrinking for 18 straight months.