After Dismal Year, Auto Dealers Look to Shift Gears

23 February 2010

Whew! A collective sigh of relief came from car dealers throughout Southern California as 2009 ended bringing to a close one of the worst years faced by the auto industry in decades. While 2010 is expected to bring an improvement in sales as the carmakers begin to right themselves after an extended period of financial [...]

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Posted in Advertising/Media30 Comments

Simulations Plus Hires Firm to Step Up Investment Profile

23 February 2010

Pharmaceutical software firm Simulations Plus Inc. has retained Hayden IR to develop an investor relations program to raise the company’s visibility among the investment community. New York-based Hayden will provide services in investor management, relationship building, awareness campaigns, online presence and corporate identity to the Lancaster company. Hayden came highly recommended as a firm that [...]

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Posted in Economy0 Comments

Glendale Business, Residential Power Users to get ‘Smart Grid’

22 February 2010

Glendale Water and Power awarded a contract to replace electric and water meters with smart meters to South Carolina utility-services contractor Utility Partners of America. The installation will give 84,500 electric and 33,400 water customers in Glendale access to advanced metering technologies that generate a two-way communication network. Utility Partners will install its OpenWay “smart-grid” [...]

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Posted in Government/Politics0 Comments

Finalists Named For Economic Engine Award

22 February 2010

A Van Nuys hotel, a longtime aviation charter and aircraft management firm, and the designers and manufacturers of elaborate water features are the three finalists for the Economic Engine Award from the Valley Economic Alliance. Each quarter the alliance recognizes a business that has made a notable contribution to the Valley’s economy, and shown a [...]

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Posted in Economy, International Trade, Small Business0 Comments

Los Angeles Joins Council of Governments

22 February 2010

The City of Los Angeles has joined a new coalition of municipal governments in the San Fernando Valley to address planning, transportation and other regional issues. The city council voted unanimously Feb. 12 to be a member of the San Fernando Council of Governments. Other members are Burbank, Glendale, Santa Clarita and the City of [...]

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Posted in Government/Politics, International Trade0 Comments

Privatization Would Improve Services, Help Deficit

22 February 2010

This is the Valley Industry & Commerce Association’s (VICA) monthly column for the business Journal. VICA is a business advocacy group representing the San Fernando Valley and surrounding areas. As news about the city’s budget deficit dominates headlines much of the buzz surrounds layoffs and cuts to city services. But savvy business leaders know that [...]

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Posted in Advertising/Media, Small Business0 Comments

Reynolds Foundation Donates To Reagan Library Renovation

22 February 2010

The Donald Reynolds Foundation donated $12.75 million to the Ronald Reagan Presidential Lbrary to help fund the renovation of the Reagan Library and Museum’s exhibit galleries. This donation coincides with President Reagan’s 100th birthday in 2011. “The Reynolds Foundation’s continued generosity will allow us for the first time since opening the Reagan Library in 1991 [...]

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Posted in Advertising/Media10 Comments

‘Hobbypreneurs’ Need Full View of Running a Firm

21 February 2010

Before Thanksgiving, I requested a quote on a custom terrarium from a small, local pet store. Three times I checked in, and each time I was given a sincere apology for the delay and a promise of the quote “coming soon.” I finally gave up and ordered the terrarium online. I’m also going to buy [...]

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Posted in Small Business0 Comments

Number of SBA Loans Increases Over Last Year

20 February 2010

The number of Small business Administration (SBA) -backed loans made by financial institutions serving the Valley increased in the first quarter of fiscal year 2010 (the period from Oct. 1, 2009 to Dec. 31, 2009) compared to the same period a year ago. A total of $71,741,100 in 7a and 504 loans were made in [...]

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Posted in Banking/Finance3 Comments

Community Colleges Boost Green Business Offerings

20 February 2010

With alternative Energy and sustainability practices becoming more commonplace in homes and businesses, trained practitioners in those fields are in demand. That’s where community colleges in the San Fernando Valley come into the picture. Los Angeles Valley College begins this spring a trial program to receive certification in the new Los Angeles Green business program. [...]

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Posted in Economy3 Comments

Valley Hotel Playing Catch-up in a Tough Economy

17 February 2010

The recent $2.5 million in renovations at The Beverly Garland Holiday Inn are only the beginning of a major transformation to bring the hotel up to speed and leave it better positioned once the economy recovers, its executives say. The new courtyard, new pool (complete with pool-side fireplace), the lobby expansion, the new business center, [...]

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Posted in Tourism3 Comments

Group Purchasing Program Cuts Cost of Solar Panels

17 February 2010

To speed the adoption of solar power in homes and small businesses, One Block Off the Grid returns to the Los Angeles area with its group purchasing program. The San Francisco-based firm has twice before offered the program to residents and businessowners throughout Los Angeles County, bringing in about 102 members who made the installations. [...]

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Posted in Energy11 Comments

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