SFV FINANCE

Preview: Burned Once But Not Again

Insurance carriers hike premiums, nix renewals after wildfires.

Preview: End of Indie Contractors Means Employer Woes

New rule impacts sectors from music to ridesharing.

Report: U.S. Latino Population has Eighth Largest GDP

A report from the nonprofit Latino Donor Collaborative found that the total gross domestic product of Latinos in the U.S. in 2017 was $2.3 trillion.

Former Manager of CBS Credit Union Sentenced

Edward Rostohar, 62, of Studio City, has been sentenced to 14 years and one month in federal prison for his involvement in a 20-year embezzlement in which investigators said he stole an estimated $25 million from the now-defunct CBS Employees Federal Credit Union, the Los Angeles Times reported today.

Preview: Fast-Track Incubator

Cal Lutheran's Hub101 produces parade of viable companies.

Ventura County Credit Union in Merger

Ventura County Credit Union plans to merge with Pasadena-based L.A. Financial Credit Union, creating an institution with $1.3 billion in assets and serving 120,000 members.

Valley Companies Caught in Stock Market Plunge

The stock market had its worst day of the year on Wednesday after the bond market gave warning signs of a potential recession.

Layoffs at Entertainment Partners in Burbank

Entertainment Partners, a payroll and software company for the entertainment industry, plans to permanently lay off 82 employees by the end of September.

Calabasas’ Topa Insurance Group Acquired

Investment firm Altamont Capital Partners has agreed to acquire Topa Insurance Group, a Calabasas-based subsidiary of Topa Equities in Los Angeles.

Preview: Co-Working's Surge

More flex offices to open in the Valley, despite talk of saturation.

Gaspar Insurance Acquires Elden

Gaspar Insurance Services announced Thursday it has acquired Elden Insurance for an undisclosed amount.

NetSol Signs First U.K. Customer for Ascent Platform

NetSol Technologies Inc. has signed a contract valued at about $4 million with an independent used vehicle finance company in the United Kingdom to use its software.

Preview: Complaints Accompany VEDC Chapter 11 Filing

Legal actions look to nonprofit's loans and grants.

Pacoima Credit Union to Merge With Gain Federal in Burbank

Pacoima Development Federal Credit Union has announced it will merge with Gain Federal Credit Union, based in Burbank, effective July 29.

Tease photo

New Law Requires SoCal Edison Customers to Pay Billions into Wildfire Fund

A bill signed into law July 12 by Gov. Gavin Newsom will require Southern California Edison customers to pay more than $3 billion toward a wildfire fund.