Stories for October 2019

Thursday, October 31

Interlink Electronics Joins LoRa Alliance

Interlink Electronics Inc. has joined the LoRa Alliance, a technology industry nonprofit organization.

Amgen to Invest $2.7 Billion in Chinese Biotech

Amgen Inc. on Thursday announced it will buy a 20.5 percent stake in Beigene, a Chinese cancer biotech company, for $2.7 billion in cash.

Henry Mayo Hospital Opens $164 Million Patient Tower

Henry Mayo Newhall Hospital opened its six-story, 163,000-square-foot tower to patients last weekend and on the same day welcomed the first baby boy and girl to the Center for Women and Newborns.

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Affordable Housing Developer to Bring 356 Units to North Hills

Meta Housing Corp. is seeking to acquire a North Hills property for the purpose of developing 356 units of affordable rental housing.

Wednesday, October 30

Easy Fire Forces Power Cuts, Threatens Reagan Library

Southern California Edison cut electricity for nearly 23,000 customers in Ventura County Wednesday as a precautionary measure against the Easy Fire.

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Business Journal Honors Fastest Growth Companies

The Business Journal honored the 50 Fastest Growing Private Companies in the Valley region on Tuesday, with Encino-based Caulipower Inc. named as the top company on the annual list.

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B. Riley Launches Fashion Brand Portfolio

B. Riley Financial Inc. on Wednesday announced it has established a nearly $117 million investment portfolio for fashion brands.

Dine Brands Beats Estimates, Plans Nearly 100 New IHOP Restaurants

Dine Brands Global Inc. beat analyst estimates Wednesday, while in a separate announcement the company announced plans for nearly 100 new restaurants.

Tuesday, October 29

Two-Building Apartment Complex in Sherman Oaks Sells for $29 Million

An 88-unit apartment complex in Sherman Oaks, known as the Cambridge Apartments, has sold for $29.4 million.

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Dine Brands, Builder to Open 15 IHOPs in Toronto

Dine Brands International has entered into a franchising agreement with construction firm Minhas Holdings, headquartered in Vancouver, Canada, to bring more than a dozen IHOP diners to the Toronto market.

Amgen Beats Wall St. Forecasts in Third Quarter

Amgen Inc. announced third quarter results that beat Wall Street expectations.

Layoffs as Amcor Rigid Packaging Closes Chatsworth Plant

Fifty-eight employees of Amcor Rigid Packaging USA will lose their jobs starting in December as the company closes its Chatsworth plant.

Monday, October 28

Workers Strike at Kaiser’s Simi Valley Mental Health Clinic

Mental health workers at Kaiser Permanente Behavioral Health in Simi Valley are participating in a strike Monday and Tuesday, ahead of a planned five-day statewide strike scheduled to begin Nov. 11.

Two Top Executives Leave Atara Biotherapeutics

Atara Biotherapeutics Inc. late Friday announced the departures of Dr. Christopher Haqq, chief scientific officer, and Mina Kim, general counsel and head of corporate strategy.

Tobinworld to Shutter Schools

Tobinworld, an educational nonprofit for autistic and emotionally challenged children, plans to lay off more than 100 employees in December with the closing of several schools in Glendale.

TGI Friday’s in Warner Center to Close

After nearly 40 years in business, the TGI Friday’s restaurant in Woodland Hills will close in December, according to a notice sent by the eatery to state and local officials.

Blue Jean Ball Brings Big Crowd

Restaurateurs range from boutiques to national chains.

Restaurateurs range from boutiques to national chains.

Emphasis on Audio at DTS’ Streaming Studio

Celebrity gamers visit Calabasas to elevate tech brand.

Celebrity gamers visit Calabasas to elevate tech brand.

In Logistics, Cargo Drone on Horizon

Startup recruits military, industrial leaders to board.

Startup recruits military, industrial leaders to board.

Robotics Expo Showcases Spinal Surgery Machine

West Hills Hospital debuts Mazor X for complex back issues.

West Hills Hospital debuts Mazor X for complex back issues.

Cal Lutheran Students Present Bio Research

Symposium participants have landed Amgen internships.

Symposium participants have landed Amgen internships.

Logix’s Expansion Continues into Next Year

LIST: Credit union sector enjoys more members, but institutional consolidation.

LIST: Credit union sector enjoys more members, but institutional consolidation.

Noise Issue at ‘Creative Industrial’ Infill Project

Special Report: Real Estate Quarterly

Avion Burbank will add 18 buildings to tight market.

Can Coworking Survive the WeWork Debacle?

Special Report: Real Estate Quarterly

Experts say office trend is bigger than one company.

Refreshing CityWalk

Special Report: Real Estate Quarterly

A pioneer of experiential retail, Universal’s outdoor mall has learned to change with the times.

Focus on East Valley Offices, Industrial Sites

Special Report: Real Estate Quarterly

Lower vacancy in Burbank, Glendale; warehouse dearth.

Real Estate Quarterly

Special Report: Real Estate Quarterly

Real estate submarket information

Tax on Services Awful for Businesses

Tax on services is a flawed fiscal policy.

Is Traffic Helping Our Economy?

Can traffic be helping the Valley economy?

Around The Valleys

News and notes from the greater San Fernando Valley

News and notes from the greater San Fernando Valley

Where Biotechs Go to Start Up

Real estate developers want to create a biotech community in Conejo Valley.

Depth Perception Next Step for Artificial Vision

BIOTECH: Second Sight receives federal research grant.

BIOTECH: Second Sight receives federal research grant.

New Rent Law Dents Building

DEVELOPMENT: VICA, apartment groups see expansion stymied.

DEVELOPMENT: VICA, apartment groups see expansion stymied.

VALLEY INSIDER: Postage Stamp Honor

A Princess in Italy

ENTREPRENEURSHIP Tarantula Hill Brewing Co. gives Thousand Oaks its first craft brewery.

Emergency Kits for Pets Made by Vets

Wildfires inspire Agoura Hills startup targeting animal owners.

Wildfires inspire Agoura Hills startup targeting animal owners.

1,200 Hearty Eaters Try Taste of Conejo

Exhibitors hustle to connect with potential new customers.

Exhibitors hustle to connect with potential new customers.

Outages in Flames

UTILITIES: In aftermath of Saddleridge Fire, count on more electricity shutoffs.

UTILITIES: In aftermath of Saddleridge Fire, count on more electricity shutoffs.

Collections Concern Tutor Perini Investors

CONSTRUCTION: Chief executive ‘confident’ on receivables issue.

CONSTRUCTION: Chief executive ‘confident’ on receivables issue.

Data + Marketing

TECHNOLOGY: Giant Partners in Thousand Oaks buys nearby Worxstudio for a selling advantage.

TECHNOLOGY: Giant Partners in Thousand Oaks buys nearby Worxstudio for a selling advantage.

Run Raises Funds for the Disabled

Valley Village event receives corporate support.

Valley Village event receives corporate support.

Businesses Get Behind SCV Homeless Shelter

Bridge to Home opens area’s first 24-hour facility.

Bridge to Home opens area’s first 24-hour facility.

Resignation Jumpstarts Cal Lutheran Recruiting

EDUCATION: Kimball’s successor likely to stay on school’s direction.

EDUCATION: Kimball’s successor likely to stay on school’s direction.

Crypto Fans Converge for Convention

Investors, techies discuss future of blockchain currency.

Investors, techies discuss future of blockchain currency.

Friday, October 25

Preview: CityWalk: Next Step

Even the pioneer of theme retail must adjust to a changing market.

Preview: Power's Out as Wildfires Rage

Edison advocates 'surgical' shutoffs.

Tick Fire Closes Freeway, Kaiser Clinic in Santa Clarita

On Friday afternoon the Antelope and Santa Clarita valleys were still dealing with the latest brush fire that started in Agua Dulce, named the Tick Fire.

Economists Forecast Solid But Softening 2020 at VICA Conference

The news was muted yet hopeful from the Business Forecast Conference presented by Valley Industry & Commerce Association Friday morning at the Universal Hilton in Universal City.

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Thursday, October 24

Armand Arabian Awards Given to Six Valley Leaders

The 20th annual Justice Armand Arabian Leaders in Public Service Awards luncheon on Thursday saw six local leaders feted for their civic engagement.

Location Filming Drops in Third Quarter

On-location filming of movies, television series and commercials was down in the third quarter.

Amgen Slashes Price for Repatha by 60 Percent

Amgen Inc. will distribute its cholesterol drug Repatha at a 60 percent lower list price as of Dec. 31.

SoCal Edison Cuts Power for 4,300 Customers

In its latest bout of weather-related public safety power shutoffs, Southern California Edison on Thursday cut electricity to more than 4,300 customers in Los Angeles and Ventura counties.

Protesters Demand Closure of Aliso Canyon

About 100 people turned out Thursday morning at a protest to demand closure of the Aliso Canyon natural gas storage facility near Porter Ranch.

Wednesday, October 23

Avery Dennison, Teledyne, ASGN Top Earnings Estimates

Stock prices for two Valley area companies surged Wednesday after reporting better-than-expected earnings.

Amgen Discloses ‘Mini-Tender’ Offer

Amgen Inc. on Wednesday announced it had been notified of an unsolicited “mini-tender” offer by Canadian investment company TRC Capital Corp. to purchase 500,000 of its shares.

Crude Action Figures Get Retail Launch

Van Nuys toy manufacturer Funrise Inc. has launched a line of crude action figures in retail stores.

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Amgen Announces CFO Transition

Thousand Oaks biotech giant Amgen Inc. late Tuesday announced David Meline, 62, will retire as chief financial officer at the end of the second quarter next year.

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Tuesday, October 22

Saddleridge Fire 95 Percent Contained

The Saddleridge Fire on the northern edge of the San Fernando Valley is 95 percent contained, according to an update from the Los Angeles Fire Department on Tuesday morning.

GreenPark Sports Raises $8.5 Million

GreenPark Sports, a startup that connects fans with sports teams, has completed an $8.5 million seed funding round.

Business Leaders Join Greater Conejo Chamber Board

Greater Conejo Valley Chamber of Commerce Board Chairman Don Phillipson has announced the election of a dozen new members of the organization’s board of directors.

Monday, October 21

ZPower Batteries to Join WattUp Wireless Charging System

ZPower Inc. announced a partnership to bring the wireless charging technology of Energous Corp. to its silver-zinc micro-batteries.

Mission Hills Cancer Clinic Staff Join Union

City of Hope Mission Hills staff were among 170 City of Hope workers to join SEIU-United Healthcare Workers West, according to a statement from the union on Monday.

Teledyne Wins Navy Contract for Combat Submersible

A subsidiary of Teledyne Technologies Inc. received a follow-on production contract to make a manned combat vehicle for the U.S. Navy.

Arcutis Biotherapeutics Raises Nearly $95 Million in Series C Funding

Arcutis Biotherapeutics, a private immuno-dermatology drug development company in Westlake Village, has completed a $94.5 million Series C financing round.

Friday, October 18

September Unemployment Steady in L.A. County

L.A. County’s unemployment rate was unchanged at 4.4 percent in September as education-related hiring offset declines in several other sectors.

Westlake Village Startup Makes Pepperdine’s List of Most Fundable Companies

Westlake Village’s Giftz was among the 15 most fundable companies, as ranked by the Graziadio Business School at Pepperdine University in Malibu.

Asgn Acquires IT Service Company

Asgn Inc. completed on Thursday the acquisition of information technology company Intersys Consulting for $67 million in cash.

Netflix Leases 60,000 Square Feet at Burbank Studios

Netflix Inc. has leased up to 60,000 square feet at Burbank Studios, according to CoStar News.

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Thursday, October 17

Disney Animation Reclaims Space in Burbank Building

Entertainment giant Walt Disney Co. has signed a lease to expand into The Tower — six years after having vacated floors at the Burbank building.

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Landscaper Pays $3 Million for NoHo Warehouse

Tropical Creations Landscape Contractors has purchased a 10,221-square-foot industrial building at 12610 Saticoy St. South in North Hollywood for $3 million.

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Westlake Village BioPartners Takes Stake in Cancer Therapy Startup

Westlake Village BioPartners is one of seven investors to back ArsenalBio, a San Francisco-based immune cell therapy startup.

Womens Football League Hires President

The Womens Football League Association has named Shawn “Pescas” Costner as president of the new sports league.

Wednesday, October 16

Kaiser Permanente Workers Ratify Four-Year Contract

SEIU-United Healthcare Workers West on Wednesday ratified a four-year agreement with Kaiser Permanente, according to a statement from the union.

FilmL.A.’s Television Report Finds California Featured in 44 Percent of Shows

California was used as a location for filming nearly half of all scripted television programs in the current season, according to a report released Wednesday by FilmL.A.

Law Firm Changes Name to Add Third Partner

Santa Clarita-based law firm Poole & Shaffery on Wednesday announced that it has changed its name to add a third partner, Brian Koegle.

Edison Tower Investigated as Cause of Saddleridge Fire

A Southern California Edison transmission tower in Sylmar located near the Oct. 10 ignition point for the 8,300-acre-plus Saddleridge Fire is under investigation as a cause for the blaze.

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Tuesday, October 15

Woodbridge’s Shapiro Sentenced for $1.3 Billion Ponzi Scheme

Robert Shapiro of Sherman Oaks was sentenced Tuesday to 25 years in prison after pleading guilty to conspiracy and tax evasion charges related to his orchestration of a $1.3 billion investment fraud scheme.

Cal Lutheran President to Step Down

California Lutheran University President Chris Kimball announced he will step down at the end of the academic year.

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Liberman Broadcasting Emerges from Chapter 11

Spanish-language broadcasting company LBI Media has completed its reorganization plan and emerged from Chapter 11 protection.

Universal CityWalk Adds NBC Sports Grill & Brew to Tenant Mix

Universal CityWalk announced Tuesday that NBC Sports Grill & Brew, a sports-dining establishment, will open at the retail center in 2020.

Monday, October 14

Housing Law By Glendale

Rent notification change part of affordability effort.

Rent notification change part of affordability effort.

AeroVironment Introduces Beefed Up Version of Puma Drone

AeroVironment Inc. has introduced a new version of its Puma hand-launched drone for military customers.

Credit Unions Call Off Merger

Pasadena’s LA Financial Federal Credit Union and Ventura County Credit Union called off a proposed merger following “many discussions and much due diligence.”

Conejo Chamber’s Annual Taste Festival Draws 1,200

The Greater Conejo Valley Chamber of Commerce sold some 1,200 tickets for the 10th Annual Taste of Conejo event, held Friday at Four Seasons Hotel Westlake Village.

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Cerner Terminates 217 Workers as Relationship With Adventist Health Ends

Cerner Corp., a Kansas City, Mo.-based IT company for health care organizations, plans to terminate 217 employees at sites in Simi Valley and Glendale as a result of ending its business relationship with Adventist Health in November.

VALLEY INSIDER: Entrepreneurial Maxims

ENTREPRENUERS CSUN hosts speaker on developing a business-creating personality.

Marketing Study Touts Music Lessons

Guitar Center poll shows kids improve time-management skills.

Guitar Center poll shows kids improve time-management skills.

‘American Idol’ Star A Business Speaker

William Hung tells audiences to become champs despite setbacks.

William Hung tells audiences to become champs despite setbacks.

League of Their Own

SPORTS: SHE Beverage’s Lupe Rose has created the Women’s Football League Association.

SPORTS: SHE Beverage’s Lupe Rose has created the Women’s Football League Association.

Feds’ Tariff Tussle Could Hurt BYD Bus Sales

MANUFACTURING: Rule against Chinese firms has unintended consequences.

MANUFACTURING: Rule against Chinese firms has unintended consequences.

Throwaway Sector?

COMMODITIES: New rule may end the metal recycling industry.

COMMODITIES: New rule may end the metal recycling industry.

Prodigious Volunteer Given Fernando Award

EVENT: Nearly 250 attend gala for Mike Quiroga.

EVENT: Nearly 250 attend gala for Mike Quiroga.

All-Year Costumers

RETAIL: Halloween stores learn to follow the holidays to stay open during the offseason.

NBC Stream Adopts the Peacock

Digital service will mix old shows, new dramas, reboots

Digital service will mix old shows, new dramas, reboots.

NBC Stream Adopts the Peacock

Digital service will mix old shows, new dramas, reboots.

Digital service will mix old shows, new dramas, reboots.

Focus on Gay Content Fuels Revry’s Growth

Glendale startup streams free, ad-supported content.

Glendale startup streams free, ad-supported content.

Studio Tour For ‘Friends’ On Holiday

Sitcom takes centerstage in Warner Bros. campaign.

Sitcom takes centerstage in Warner Bros. campaign.

Shaq to Bring Big Chicken To Glendale

NBA star to set up fast-casual concept near malls.

NBA star to set up fast-casual concept near malls.

Hospital Forms Farmers Market For Patients

Healing garden in Encino hosts vendors on Thursdays.

Healing garden in Encino hosts vendors on Thursdays.

Coffee Perks Up Sales at The Airport

Hollywood-Burbank deal may yield 10 percent growth.

Hollywood-Burbank deal may yield 10 percent growth.

Valley Firm, Neighbor Combine

Nielsen and Rogers joins Rodnunsky and Associates

Nielsen and Rogers joins Rodnunsky and Associates

Bar President Gets Digital With Lawyers

Leader wants young attorneys in old-fashioned org.

Leader wants young attorneys in old-fashioned org.

LegalForce, LegalZoom Settle Suit

Trademark and antitrust issues at center of litigation.

Trademark and antitrust issues at center of litigation.

Assisted Living Incorporates Lifestyle Options

Special Report: Health Care

LIST: ‘All inclusive’ senior campuses feature classes, exercise and multiple menus.

Councilman Seeks to Halt Project

Lee wants to avoid housing near Aliso Canyon leak site.

Lee wants to avoid housing near Aliso Canyon leak site.

Next-Gen Doctors

Special Report: Health Care

From physicians to nurses to specialists, Valley region hospitals and clinics are battling against a looming shortage of skilled workers.

Don’t Bank on This Dreadful Idea

ONE MORE THING

Starting a public bank is a combination of contempt and chutzpah.

AROUND THE VALLEYS

News and notes from the greater San Fernando Valley

News and notes from the greater San Fernando Valley

A Last Resort?

DEVELOPMENT: An open space designation divides the sides over the future of Sand Canyon Country Club in Santa Clarita.

DEVELOPMENT Santa Clarita residents push back against resort project.

Healthy Retail Center Tries Market in Calabasas

Lifestyle-leaning Las Virgenes looking for specific tenant mix.

TENANTS New retail center tries the market in Calabasas.

Jafra HQ in $28M Sale, Leaseback

Cosmetics company to remain in Westlake Village.

Cosmetics company to remain in Westlake Village.

Security Looms Large for CSUN’s Jewish Center

DS Honda Construction contractor on Hillel overhaul.

DS Honda Construction contractor on Hillel overhaul.

CSUN Campus Hotel

University plans to build 149-room Hilton Garden Inn

University plans to build 149-room Hilton Garden Inn

Vape Insurance Looking Risky

FINANCE: Industry ‘hanging by a thread,’ says agency owner.

FINANCE: Industry ‘hanging by a thread,’ says agency owner.

Friday, October 11

Stratolaunch Changes Ownership But Not Strategy

Stratolaunch LLC has found itself a new owner that will continue its focus on providing reusable and affordable aircraft-launched rockets into space.

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Commercial Developments Near Saddleridge Blaze Safe for Now

There has been no damage reported to business and industrial complexes in the communities near Porter Ranch, site of the Saddleridge Fire, which erupted shortly before 10 p.m. on Thursday near the 210 freeway.

Hospitals Experience Staff Shortages Due to Fires

n the midst of the Saddleridge and Wendy fires, hospitals in the Santa Clarita, San Fernando and Antelope valleys remain open and look to make sure departments are adequately staffed, despite closures of major freeways.

Update: SaddleRidge Fire Threatens Utilities for 233,000 Customers

Southern California Edison has cut off electricity to more than 21,000 customers in the greater L.A. area to prevent further damage from the Saddleridge Fire.

Six Flags Magic Mountain Closed for Day

Six Flags Magic Mountain & Hurricane Harbor was not open during the day on Friday due to the 5 freeway being closed from the Saddleridge Fire.

CSUN Shuts Down Through Weekend

California State University – Northridge has cancelled all classes and campus activities for Friday, Saturday and Sunday due to the Saddleridge Fire.

Thursday, October 10

Edison Cuts Power in Parts of Northern L.A. County, Ventura County

Southern California Edison has cut power to homes and businesses in parts of northern Los Angeles County and Ventura County as a precaution to prevent wildfires.

Campy Cable TV Advertiser Michael’s Furniture to Close After 58 Years

Michael’s Furniture Warehouse will close its doors after 58 years.

Warner Bros. Partnership to Produce Video Game

Warner Bros. Interactive Entertainment announced Thursday a publishing and distribution agreement with videogame developer IO Interactive.

Limoneira Peels Off Santa Maria Property for $2.9 Million

Limoneira Co. has sold a non-core real estate asset called the Terraces at Pacific Crest in Santa Maria for $2.9 million.

Wednesday, October 9

New Housing Bill May Spur Valley Development

Gov. Gavin Newsom has signed into two law housing bills, one of which may greatly encourage residential development along transit corridors in the San Fernando Valley.

New Princess Ship to Sail from L.A.

Princess Cruises has revealed the sixth and final ship in its royal-class fleet will be named Discovery Princess. It will sail out of the Port of Los Angeles beginning in November 2021.

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Glendale’s Woolworth Building Sells

A mixed-use retail and office property at 201 N. Brand Blvd. in Glendale sold this week for nearly $18.1 million.

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Marcus & Millichap Acquires Vancouver Firm

Calabasas-based national brokerage firm Marcus & Millichap Inc. has announced that it acquired Form Real Estate Advisors Inc., a commercial real estate services firm in Vancouver, British Columbia, that specializes in retail transactions and advisory services.

Airgas Workers Strike in Burbank, Ventura

Some employees of Airgas USA are striking today at four of the company’s plants in the Los Angeles area, including locations in Burbank and Ventura.

Tuesday, October 8

Conejo Valley Clinic Receives AstraZeneca Grant

Westminster Free Clinic, a heart health clinic in Thousand Oaks, was one of 11 clinics in the U.S. to receive a grant from AstraZeneca HealthCare Foundation’s Connections to Cardiovascular Health program.

Van Nuys Apartment Building Sells for $18.8 Million

Woodman Park Apartments, a 75-unit multifamily property located at 6205 Woodman Ave. in Van Nuys, has sold for the first time in more than 30 years for nearly $18.8 million.

Interlink Electronics Considers Return to Major Stock Exchange

Less than a year after voluntarily delisting itself from the Nasdaq, Interlink Electronics Inc. is considering returning to a U.S. or foreign stock exchange.

Thousand Oaks Museum Elects Business-Focused Directors

The California Museum of Art Thousand Oaks has elected two high-profile businesspeople to its board of directors.

Monday, October 7

Experimental Electric Plane Delivered to Antelope Valley

NASA’s Armstrong Flight Research Center at Edwards Air Force Base in the Antelope Valley has taken delivery of its first all-electric experimental aircraft, delivered by Empirical Systems Aerospace.

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Activist Investor Wins Seats on Tix Board

An activist investor in Tix Corp. has joined the company’s board of directors.

Beleaguered Sienna Seeks to Sell Laser Treatment

Sienna Biopharmaceuticals has filed a notification with the U.S. Food and Drug Administration seeking permission to sell its drug SNA-001, a topical pre-treatment for laser removal of light hair, according to a statement from the company on Monday.

Friday, October 4

Anheuser-Busch to Deploy Electric Trucks in Valley

The San Fernando Valley will figure in the deployment of 21 electric trucks made by BYD Motors Inc. for the beverage distribution network of by Anheuser-Busch Cos.

101-Apartment Project Planned for Woodland Hills

Yaya Vanowen, a mixed-use project featuring rental housing over ground-floor commercial space, is moving ahead in Warner Center.

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Valley Industry Association Announces Award Nominees

The Valley Industry Association on Thursday announced nominees for awards that will be presented at the VIA Black and White Bash on Oct. 19 at the Hyatt Regency Valencia.

Thursday, October 3

Three Tenants to Open at New Northridge Retail Center

Three new tenants have signed leases for The Shops at Symmetry, a 21,273-square-foot retail center adjacent to the Symmetry luxury apartment complex in Northridge.

Cal State Channel Islands Pilots Business Student Mentorship Program

The Martin V. Smith School of Business and Economics at California State University – Channel Islands in Camarillo has received a $34,000 grant to start a pilot peer mentorship program.

Jafra Cosmetics Headquarters Building in Westlake Village Sells for $28 Million

The 126,238-square-foot office and warehouse facility that houses Jafra Cosmetics’ headquarters in Westlake Village has sold for $28.2 million.

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Wednesday, October 2

Forever 21 Announces Potential Closure Locations

Fast-fashion house Forever 21 has announced a list of retail locations at risk to close amidst the company’s Chapter 11 bankruptcy reorganization, including several stores in the Valley.

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CBD Daily Adds Ingestibles to Brand Portfolio

The founders of CBD Daily, a hemp-based skincare company in Chatsworth, has added Fleurtiva to its portfolio of brands.

57-Unit Apartment Complex Coming to Toluca Lake

An affiliate of George Smith Partners of Century City has proposed a large apartment complex with 57 units to replace an existing trio of small residential buildings in Toluca Lake.

Sun Valley Site for 108 Apartments

City of Los Angeles Planning Commission has signed off on developer Shlomi Asiss’ move to construct a mixed-use building in Sun Valley.

Tuesday, October 1

Second Sight Receives $2.4 Million Grant for Depth Perception Technology

Second Sight Medical Products Inc. on Tuesday announced it received a $2.4 million, four-year grant from the National Institutes of Health to further development of the Orion Visual Cortical Prosthesis System.

CSUN Plans to Build 149-Room Hotel on Campus

California State University – Northridge has received approval from the California State University Board of Trustees for the construction of a 149-room Hilton Garden Inn hotel on campus.

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Mike’s Roofing Owner Wins Fernando Award

Marcelo “Mike” Quiroga, owner of Mike’s Roofing & Building Service in Van Nuys, took home the 2019 Fernando Award.

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Ceramics Plant Closure to End 268 Jobs in Ventura

All 268 employees of the CoorsTek Inc. ceramics manufacturing plant in Ventura will lose their jobs when the plant permanently closes later this month.