Latest stories

JPL Launches ‘Eyes on the Eclipse’ App

Jet Propulsion Laboratory in La Canada-Flintridge has developed an app so people can preview Monday’s solar eclipse, the aerospace research and development facility announced Thursday.

Condo Sales Drop in Valley, Climb in Santa Clarita

Condominium sales trended in opposite directions in July in the San Fernando and Santa Clarita valleys, according to the Southland Regional Association of Realtors Inc.

L.A. County Unemployment Inches Up

The unemployment rate in Los Angeles County inched up to 4.5 percent in July from a revised 4.4 percent in June, the state Employment Development Department reported Friday.

Preview: Manufacturing 661

The cities of Santa Clarita, Palmdale and Lancaster have made manufacturing a mainstay of their economies

Preview: Turnover at the Top for VEDC

Valley Economic Development Center is navigating a bout of executive instability, having lost three top officers – including the chief executive – in the last month.

Business Events Calendar

Business Events throughout the Valleys.

Trammell Crow Plans to Build Industrial Park in Santa Clarita

Fifty-four acres of land have sold in Santa Clarita for the development Center at Needham Ranch, according to one of the buyers, Trammell Crow Co. of Dallas. The acquisition price was not disclosed.

Sherman Plaza Office Complex Sold for $62 Million

The two towers comprising the Sherman Plaza in Van Nuys have sold for about $62 million, according to CBRE Group Inc. in Los Angeles.

Burbank Aerospce Manufacturer Acquired by Private Equity Firm

A private equity firm has acquired a Burbank aerospace parts supplier.

Simi Valley School District Buys New HQ Building

The Simi Valley Unified School District has bought a specialty building in the city previously used for entertainment production to house its district operations.

Celebrity Pastry Chef to Move in Moorpark

Carrara Pastries in Moorpark has signed a long-term lease for a larger location in the city, according to Daum Commercial Real Estate Services.

County Tries to Halt Aliso Canyon Gas Operations

Los Angeles County has asked the California Supreme Court to stop Southern California Gas Co. from continuing to resume operations at the natural gas facilities in Aliso Canyon.

CEO to Fill in as Finance Officer Leaves PS Business Parks

PS Business Parks Inc., the Glendale investor in office and industrial parks, announced Monday that its chief financial officer has stepped down.

FilmTrack Secures $5.5 Million in Venture Capital

Entertainment industry technology company FilmTrack has received $5.5 million in series C funding from Insight Venture Partners.

Earnings: Apollo Medical Holdings, ImmunoCellular Therapeutics

Apollo Medical revenue grows 236 percent, ImmunoCellular trims losses.

Cherokee Jumps on Amended Debt Deal

Cherokee Global Brands has amended its credit facility with Cerberus Business Finance, sending the company’s stock up more than 10 percent.

Buyout Takes MRV Private

The acquisition of MRV Communications Inc. was finalized Monday by a German telecommunications supplier.

First Solar Project at Van Nuys Airport

Aeroplex/Aerolease Group announced Monday the first solar power project at Van Nuys Airport.

Regulators Approve Palmdale Power Plant

The California Energy Commission has approved certification for a Seattle alternative energy company to build and operate a proposed natural gas power plant in Palmdale.

L.A. City Council Authorizes 2028 Olympics Bid

The Los Angeles City Council on Friday unanimously authorized the city’s Olympic bid committee to sign a contract with the International Olympic Committee to host the 2028 Summer Olympic and Paralympic Games.

Prev