Despite many closure signs, and little immediate guidance from the state, some business owners are taking a leap of faith and opening up new storefronts. In Pasadena, iconic Randy’s Donuts is also opening up a new store. Owner Mark Kelegian says they are also ... More »
As part of its bankruptcy proceedings, rental car giant Hertz will have to offload nearly 200,000 cars by the end of this year, according to a recent U.S. Securities and Exchange Commission filing. Hertz, which has a location in Pasadena, filed for bankruptcy ... More »
Pasadena-based CIT Bank said their customers can now simplify their digital banking experience and manage their money remotely by using new self-service capabilities for moving funds via wire transfer and managing mature certificates of deposit through the ban... More »
Alexandria Real Estate Equities Inc., a Pasadena-based real estate investment trust that invests in office buildings and laboratories in the life science and technology industries, has acquired a large portion of the Research Triangle Park in Durham, North Car... More »
OneWest Bank, CIT’s Southern California retail bank division, today launched its second annual Bank on Building a Brighter Community program to give back to local school children. In partnership with the Pasadena, Metro LA, Santa Monica, and Moorpark & Simi V... More »
Pasadena-based Gatehouse Partners, LLC, in partnership with real estate entrepreneur Ralph Giannella, has recently purchased an apartment complex located at 2121 Thomas Ave. in San Diego, in the Crown Point community of Pacific Beach. On Tuesday, Giannella, on... More »
The owners of the Sheraton Pasadena owe the city more than $690,000 in delinquent taxes, the city alleges in a lawsuit. Urban Commons LLC and associated companies Hospitality LLC, EHT SPH LLC, and Aimbridge Hospitality LLC are named in a complaint filed by the... More »
[UPDATED] Ridesharing companies Uber and Lyft won’t suspend operations in California, at least for now. On Thursday an appeals court allowed the ride-hailing giants to continue treating their drivers as independent contractors. The companies had threatened to ... More »
The U.S. Agency for International Development (USAID) has awarded Pasadena-based Tetra Tech Inc. a five-year, $29.7 million single-award contract for the continuation of the agency’s Scaling Up Renewable Energy project, or SURE II. Under SURE II, Tetra Tech wi... More »
Pasadena-based Bluebeam Inc., a leading developer of solutions and services that set the standard for architecture, engineering, and construction professionals worldwide, has launched its newest version of Revu, the company’s flagship software application that... More »
The Rose Bowl Flea Market, which has been closed since March, is trying its luck with e-commerce. R.G. Canning, which has operated the market since its inception in the 1970s, struck an exclusive licensing deal with Free People, owned by Urban Outfitters, acc... More »
The Cheesecake Factory restaurant chain, which has an outlet in Old Pasadena at 2 W. Colorado Blvd., is among a half-dozen well-known restaurants in the U.S. that are facing significant debt and possible bankruptcy filings due to the COVID-19 pandemic, accordi... More »
