Stories for September 2020

Wednesday, September 30

Universal Strikes Film Deal With LeBron James’ SpringHill Co.

On the eve of the Los Angeles Lakers’ first NBA Finals appearance in 10 years, LeBron James’ SpringHill Co. has scored off the court.

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West Hills Hospital Appoints Chief Medical Officer

West Hills Hospital on Tuesday announced Dr. Donald David as its new chief medical officer.

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Valencia Office Condo Fetches $2.1 Million

An office condominium has sold in Valencia for $2.1 million.

L.A. County Approves Brewery Reopenings

The Los Angeles County Board of Supervisors voted Tuesday to approve the re-opening of brewery and winery tasting rooms that partner with a third-party food vendor.

Tuesday, September 29

Disney to Lay Off 28,000 in Parks Division

Walt Disney Co.’s park division said Monday it is reducing its staff count as a result of the COVID-19 pandemic, with 28,000 domestic employees affected.

CABIA Launches First National TV Ad Denouncing AB-5

The California Business and Industrial Alliance Tuesday launched its first national television advertising campaign with a commercial denouncing the impact of California’s AB-5 law on freelance workers.

Entertainment Service Company Leases 275,000 Square Feet in Valencia

Triscenic Production Services has added 275,000 square feet to its industrial presence in the Santa Clarita Valley.

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Avantus Adds to Aerospace Fastener Portfolio

Avantus Aerospace has acquired Fastener Innovation Technology Inc., a Rancho Dominguez specialty fastener manufacturer for military and commercial aircraft.

Monday, September 28

Avery Dennison Invests in Recycling Startup

Avery Dennison Corp. and Valo Ventures have invested $5 million in RoadRunner Recycling.

NetSol Reports Lower Revenue, Earnings

NetSol Technologies Inc. missed Wall Street estimates on revenue for the fiscal fourth quarter.

Cinedigm Horror Channel to Launch on Roku

Cinedigm Corp. has signed an agreement with video streamer Roku to distribute the Bloody Disgusting channel.

Valley Bar Elects Officers, Trustees

Employment attorney David Jones becomes new president.

The San Fernando Valley Bar Association has elected new trustees and officers, led by David Jones as president.

Lakers Partner Tries High Finance Play

Credit union’s commercials and videos feature NBA team’s players.

First Entertainment Credit Union is gearing up to launch “Money Matters”


Scriptwriting President

Cast & Crew in Burbank has named Shelly Mellott president of Final Draft

Is Prop HHH Too Expensive?

HOUSING: Audit finds high costs for homeless projects.

Audit finds building homes for low-income residents costs a lot in Los Angeles.

Beer Taste Test

BEVERAGE: L.A. County health rules for tasting rooms make breweries unsustainable, owners say.

At a typical small brewery, the money is made in the tasting room.

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No Fans in Stands Make for Ticketless Season

ENTERTAINMENT: Calabasas firm manages sports spending for companies.

Live sports and other events were among the earliest casualties of the coronavirus pandemic as venues and teams shut down their operations.

Pandemic Accounted for in AeroVironment Plan

MANUFACTURING: Analysts look to Switchblade drone system for growth.

AeroVironment Inc. is on track to meet fiscal 2021 projections on its finances, company executives said in a conference call with analysts.

For Builders, Schools Provide Steady Revenue

Construction: Strong market for educational projects in pandemic.

School construction is a safe bet for builders, seeing that the projects are considered an essential service by the state and the contracts last for years.

Hospital to Get Out of Obstetrics

West Hills cites ‘significant decline’ in number of births.

West Hills Hospital will close its obstetrics program effective Nov. 1, the health care organization announced earlier this month.

Amgen, Lilly Join For COVID-19

Plan to collaborate on manufacturing treatments.

Biopharma giants Amgen Inc. and Eli Lilly earlier this month announced an antibody manufacturing collaboration for potential COVID-19 treatments, in an effort to scale up production for multiple treatments still in development.

Robot Surgery Debuts in Van Nuys

First outpatient replacement could lead to lower costs.

Valley surgeon Dr. Jaime Hernandez performed the first outpatient knee replacement surgery earlier this month using the CORI robot, according to a statement from the Center for Orthopedic Surgery in Van Nuys.

‘Mandalorian’ Toys Coming On Mondays

‘Star Wars’ product releases to last through December.

Walt Disney Co. is capitalizing on the popularity of its Star Wars spinoff series “The Mandalorian” with “Mando Mondays,” an upcoming retail campaign in which the company will release a toy, book, comic or other collectible item inspired by the show every Monday.

No Money for In-Street Dining Permit Program

But city initiative for sidewalks, parking lots on track.

Funding for Phase 2 of Los Angeles’ Al Fresco program has run out, resulting in a temporary pause on the issuance of in-street dining permits for restaurants, Deputy Press Secretary for the Mayor’s Office Harrison Wollman confirmed to the Business Journal.

Light Firm Sees Bonanza in Pandemic

Nightclubs and concert halls rush to remodel their fixtures.

As live events around the country remain on pause due to the coronavirus pandemic, venues are finding an opportunity to remodel or refurbish old fixtures.

$133 Million Investment in AI Software

Beyond Limits offers NASA know-how to industry.

Artificial intelligence technology company Beyond Limits has raised $113 million in a Series C funding round, with another $20 million committed.

Acquirer to Adopt SaniSure Name

Private equity firm cites strong brand reputation.

While the coronavirus pandemic surged, Richard Shor was busy selling his company.

Semtech on the Amazon Sidewalk

LoRa system to extend home wireless networks.

Semtech Corp. has partnered with Inc. on its new wireless network, Amazon Sidewalk, launching later this year.

Local Colors In Mural at Janss Market

Thousand Oaks mall displays wall painting titled ‘Conejo.’

NewMark Merrill Cos., the Woodland Hills-based retail shopping center developer, has completed the installation of a Conejo Valley-centric mural at Janss Marketplace shopping center, the 458,000-square-foot shopping center located at Moorpark Road and Hillcrest Drive in Thousand Oaks.

More Love for Mixed-Use Development in Moorpark

Daly Group’s High Street Depot inches closer to reality

Westlake Village developer Daly Group Inc. has cleared a major hurdle in realizing its Moorpark mixed-use project.

Netflix Grows Footprint By 171,000 Square Feet

Streamer may set up animation studio in Burbank.

Netflix Inc. is deepening the San Fernando Valley’s longtime status as the capital of the cartoon industry by starting an animation studio in Burbank.

Prop 15 May Imperil Lots Of Tenants

Voters to decide on split-roll tax system in November.

Proposition 15, an initiative to tax commercial and industrial properties at a higher rate for education and local government funding, will have a negative domino effect on the market, commercial real estate experts told the Business Journal.

Room Refurbishment

TOURISM: Hoteliers use coronavirus downtime to update their properties.

Although the hotel industry has suffered a major setback because of the pandemic, a few hotel owners have taken advantage of the slow business period to optimistically forge ahead with site renovations.

Developers Find Fresh Land in Camarillo

DEVELOPMENT: City has retail and residential projects in development.

A two-hotel and restaurant/retail complex, a subdivision with 158 single-family homes and a massive industrial park are among the real estate ventures underway right now in the city of Camarillo.



Metro’s Free Fares May be Costly

It is interesting to read that transit agencies such as New York Metro are ending its free fares that it had for a short period during the pandemic.

Give Homeless Money, Not a Unit

It’s outrageous that the average cost to build a city-subsidized apartment for the homeless has climbed to $559,000 with highest per-unit cost now at $746,000.

Friday, September 25

Preview: No Fans in Stands Make for Ticketless Season

ENTERTAINMENT: Calabasas firm manages sports spending for companies.

Preview: Beer Taste Test

Under Los Angeles County Public Health Department regulations during the coronavirus pandemic, breweries cannot have their tasting rooms open unless they have an on-site kitchen to serve food.

Tutor Perini Wins $47 Million Navy Contract

Tutor Perini Corp. announced this week that it had received a $47 million task order to design and build a facility for the U.S. Navy on the island of Guam.

Valencia Atrium Office Building Sells for $15 Million

Valencia Atrium, a three-story office building in Santa Clarita, has sold for $15 million.

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Thursday, September 24

CERF Report Finds Latino GDP in Growth Mode

A report from the nonprofit Latino Donor Collaborative found that the total Gross Domestic Product of Latinos in the U.S. rose to $2.6 trillion in 2018, up from $2.3 trillion in 2017.

Woodbury University Receives Grant Installment as Hispanic-Serving Institution

Woodbury University has received a $600,000 grant from the U.S. Department of Education as a Hispanic Serving Institution.

Burbank Post-Production Facility Fetches $2 Million

Allan Falk, owner of Post Haste Digital & Post Haste Sound Inc., has purchased a creative office and post-production facility in Burbank for $2 million.

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Wednesday, September 23

Disney Delays Movie Releases

Burbank entertainment and media giant Walt Disney Co. has shuffled its fall release schedule, delaying the theatrical launch of several movies including the blockbuster Marvel superhero title “Black Widow.”

Netflix Creating Animation Studio in Burbank

Netflix Inc. is deepening the San Fernando Valley’s longtime status as the capital of Hollywood’s animation industry by starting an animation studio in Burbank.

Second Sight Resumes Study

Second Sight Medical Products has resumed its early feasibility study for the Orion, its next-generation visual prosthetics system, after being put on hold for seven months because of COVID-19.

Medical Device Maker Gets $98 Million

Agoura Hills medical device company V-Wave has nabbed $98 million for its Series C round of financing, paving the way for clinical trials and Food and Drug Administration clearance, according to a statement from the company late Tuesday.

Clay Lacy to Build FBO in Orange County

Clay Lacy Aviation was awarded by the Orange County Board of Supervisors a 35-year lease at John Wayne Airport to build and operate a fixed base operation at the airfield.

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Tuesday, September 22

Tarzana Apartment Complex Fetches $11.7 Million

A 52-unit multifamily property at 6251-6267 Reseda Blvd. in Tarzana has sold for $11.7 million.

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Precious Metals Firm Opens Woodland Hills Office

Precious metals investment firm American Hartford Gold has opened an office in Woodland Hills.

Princess Cruises to Sell Two Ships

Princess Cruises in Santa Clarita has announced the sale of two of its ships, the Sun Princess and Sea Princess, to undisclosed buyers.

Beyond Limits Raises $113 Million in Fresh Capital

Artificial intelligence technology company Beyond Limits raised $113 million in a Series C funding round, with another $20 million committed.

Monday, September 21

New In-Street Dining Permits on Hold in L.A.

Funding for Phase 2 of Los Angeles’ Al Fresco program has run out, resulting in a temporary pause on the issuance of in-street dining permits for restaurants.

Gelt Buys Oregon Multifamily for $30 Million

Tarzana-based real estate firm Gelt Inc. has made a $30 million investment in Gresham, Ore. with the acquisition of Silverwood Apartments.

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Amazon Sidewalk to Feature Semtech Platform

Semtech Corp. has partnered with Inc. on its new wireless network, Amazon Sidewalk, launching later this year.

Market Downturn Moves Valley Stocks Lower

Share prices for large-cap companies in the Valley region moved lower as the Dow Jones Industrial Average dropped 1.8 percent.

Friday, September 18

Investor Purchases 18 of 20 Condo Units in Mission Hills for $4.8 Million

Agents at brokerage Marcus & Millichap Inc. have negotiated the purchase of 18 condominium units in Mission Hills for $4.8 million, or $267,222 per unit.

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Social Impact Fund Invests in ConsejoSano

North Hollywood health care software company ConsejoSano has received an investment from the Bernard J. Tyson Impact Fund.

Glove Maker Signs DuPont Deal

Mechanix Wear LLC has become a licensee of DuPont Personal Protection, an arrangement that will allow the glove manufacturer to incorporate DuPont’s materials into its products.

Former Wesco Aircraft Moves to Texas

Incora, the aerospace parts company formerly known as Wesco Aircraft Holdings, is moving its corporate headquarters from Valencia to Fort Worth, Texas.

Thursday, September 17

Valley Area Women Honored

Eight local women standouts were given awards Thursday at the San Fernando Valley Business Journal’s annual Women’s Council.

Daily Wire Leaves Sherman Oaks for Nashville

Conservative news and opinion website The Daily Wire will relocate its headquarters from Sherman Oaks to Nashville.

Bar Association Elects David Jones as President

The San Fernando Valley Bar Association on Thursday formally announced its new board of trustees and officers, led by David Jones as president.

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Amgen, Eli Lilly to Manufacture COVID-19 Treatments

Biopharma giants Amgen Inc. and Eli Lilly on Thursday announced an antibody manufacturing collaboration for potential COVID-19 treatments.

Wednesday, September 16

Dental Software Firm Attracts Venture Capital

Yapi, a company that makes software for dental offices, has received an investment from M33 Growth, a Boston venture capital firm that focuses on growth-stage startups.

Princess Parent Carnival Corp. Sells Ships After Quarterly Loss

Carnival Corp. disclosed in a quarterly filing Tuesday it will sell a total of 18 ships over the next few months to cut costs as cruise activity remains halted due to the coronavirus pandemic.

Warner Center Fry’s Electronics Site May Become 880 Apartments Plus Hotel

Multifamily developer Kaplan Management Co. has shed more light on its intentions to build a mixed-use project at the site of Fry’s Electronics at 6100 N. Canoga Ave. in Woodland Hills.

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Tuesday, September 15

Amgen Selects Bay Area Startups for Big Ticket Program

Amgen Inc. on Tuesday announced its Golden Ticket winners — startup companies BigHat Biosciences and Trilo Therapeutics.

Loop Media Inks Distribution Deal for Music Videos

Loop Media Inc. has signed a deal to distribute 19 music video channels through DistroTV, an independent free streaming television service.

Law Facilitates Retirement Fund Withdrawals in COVID Crisis

Employees looking to draw from retirement funds to stay afloat during the pandemic can now do so without penalty because of a new law.

L.A. Officials Ask for Extension of Comment Period for Hollywood Burbank Airport Project

Los Angeles City Councilmember Paul Krekorian and City Attorney Mike Feuer have requested an extension of the public comment period of the draft environmental impact report for the proposed replacement terminal at Hollywood Burbank Airport.

Monday, September 14

West Hills Hospital Closes Obstetrics Unit After 'Significant Decline' in Births

West Hills Hospital will close its obstetrics program effective Nov. 1, the organization announced earlier this month.

FDA Approves Atara Biotherapeutics to Begin Tumor Trial

Atara Biotherapeutics has received the U.S. Food and Drug Administration’s green light to start clinical trials for its next-generation CAR T therapy.

Cinedigm to Distribute Progressive Political Channel

Cinedigm Corp. has partnered with Party Crashers Media to distribute a progressive political, news and lifestyle network.

Meta Turns Nursery Site Into Units

$14 million transaction for housing in North Hills.

A 4.35-acre North Hills site formally hosting Green Arrow Nursery at 8845 Sepulveda Blvd. has changed hands

Specific Plan Rethinks Westlake Village

DEVELOPMENT: Land values could multiply based on commission’s framework.

Westlake Village may not be ready for its close-up just yet.

An MBA in Unusual Times

Local business schools adapt to the pandemic while enrollment remains strong.

Master in business administration programs in the Valley region have not seen a decrease in enrollment as a result of the coronavirus pandemic, leaving administrators pleasantly surprised after months of uncertainty.

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Van Nuys Multifamily

Twin-building Delano Village fetches $5.1 million.

Delano Village, an 18-unit apartment property at 14161-14163 Delano St., has sold for $5.1 million.

Fickle Economics for Valley-Region Foundations

LIST: Pandemic pushes Reagan and Hilton in different directions.

The Conrad N. Hilton Foundation, ranked No. 1 on the Business Journal’s Foundations list, has responded to the coronavirus pandemic by loosening its pocketbook to help vulnerable communities and local nonprofits.

City Donation Creates Affordable Housing

Camarillo gives land to build a 68-unit development.

Donation of land by city of Camarillo to create affordable housing.

$26M for 97 Apartments

Sussex Capital buys Mountain View Manor in Chatsworth.

Woodland Hills-based Sussex Capital Group has purchased Mountain View Manor Apartments

Project Puts Residents on Ventura Blvd.

Sherman Oaks mixed-use has ground-floor retail component.

Los Angeles City Planning Commission has approved a proposed mixed-use apartment complex in Sherman Oaks.

‘Tenet’ in Theaters for Warner Bros.

Studio tries traditional distribution in pandemic.

With movie theaters having opened recently in cities across the country, the entertainment industry waited to see how well “Tenet,” the new Christopher Nolan film would do on its opening weekend.

Awards for Talent at Method Fest

‘Beautiful Dreamer’ takes home three top honors.

Method Fest returned to the San Fernando Valley in late August for the first time in 10 years

Calabasas Festival’s Surprise Drive-in

Organizers promote one out-of-home movie event.

Calabasas Film Festival will feature one night only drive-in event.



Amazon’s Grocery Has Valley Debut

E-commerce giant’s Fresh store integrates technology. Inc. opened its first Amazon Fresh grocery store last month in Woodland Hills

New Restaurants Open In Teeth of Pandemic

Scratch Restaurant Group’s two concepts in Encino.

New eateries from Scratch Restaurant Group open during the coronavirus pandemic.

When the Clock Strikes Midnight

The end of summer is one of my favorite times of year. To me, it represents a new school year for my kids, cooler weather and of course, the beginning of all the fun holidays.

Diners Like NoHo’s al Fresco Zone

Magnolia Boulevard features in-street food service.

The city of Los Angeles late last month shut down several lanes of a busy stretch of Magnolia Boulevard in the heart of North Hollywood’s Arts District to make room for the neighborhood’s first al fresco dining area.

How We Can Save our Businesses

Some of the best laws passed by Congress in the past decades, on issues like Social Security, taxes and welfare, were the result of input from and compromise between the two parties. Now is time to put partisan politics aside and find compromise to help our small businesses.

Approval of Medtronic’s Insulin Pump

Data-sharing aids younger patients to manage disease.

A new insulin pump system from Medtronic, named the Minimed 770G, has received approval from the U.S. Food and Drug Administration

Campaign Averts Next Health Crisis

Call to action for patients to come back to hospitals.

The California Hospital Association launched its “Care Can’t Wait” public service campaign late last month

COVID Test Lab in Santa Clarita

PerkinElmer, state partner to double state capacity.

Los Angeles County doubles COVID-19 testing capacity with Santa Clarita Lab.

PennyMac Rides Rising Mortgage Momentum

FINANCE: Firm originated $37.6 billion in home loans during last quarter.

PennyMac rides rising momentum in mortgage industry.

Cartoon Valley

MEDIA: With the rest of the entertainment industry stalled, animation expands its footprint.

With the rest of the industry stalled due to COVID-19, cartoon companies expand in Valley.

Transition at Top For Cal Lutheran

New president brings expertise in diversity to Thousand Oaks campus.

With the start of a new academic year, California Lutheran University welcomes a new president to campus.

Traffic Rebound at Van Nuys Airport

‘Touch and Go’ training picks up slack as business aviation lags.

After seeing an almost 50 percent drop in aircraft operations in April with the coronavirus outbreak, Van Nuys Airport has bounced back in activity.


Pro-Hydrogen Mayor

Rex Parris, owner of Parris Law Firm and the mayor of Lancaster, has adopted hydrogen as his energy of choice.

Honda Engines On Fast Track

AUTOMOTIVE: Winning season for subsidiary in Santa Clarita.

Honda Performance Development finds victory at this year’s Indy 500.

Coronavirus and Venture Capital

BIOTECH: ImmPACT finds $18 million in disrupted market.

Venture capital still targeting deals even during coronavirus outbreak.

Friday, September 11

Hit Parader to Launch Celebrity E-Sports Competition

Universal City production studio Hit Parader plans to launch an e-sports platform for celebrities.

L.A. County Introduces COVID Compliance Program for Businesses

Business owners can now sign up for a COVID-19 safety compliance program through Los Angeles County, the Public Health Department said.

Preview: Cartoon Valley

With the rest of the entertainment industry stalled, animation expands its footprint.

Preview: An MBA in Unusual Times

Schools teach virtually to an eager incoming class of students.

Thursday, September 10

Newsom Signs Bills to Support Small Business

California Gov. Gavin Newsom has signed into law three bills that will offer support for small businesses and construction projects affected by the coronavirus.

Northrop's $13.3 Billion Contract for ICBMs Brings Work to Valley

Northrop Grumman received this week a Pentagon contract to engineer and manufacture an updated intercontinental ballistic missile system.

Pair of Valley Apartments Sold for $11 Million

Colliers International recently closed two multifamily deals in the San Fernando Valley — one in Van Nuys, the other in North Hollywood — for a combined price of $11 million.

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Wednesday, September 9

Enrollment Steady in Cal Lutheran’s Grad Programs

The pandemic and temporary move to virtual learning has not negatively impacted graduate program interest at California Lutheran University, a spokesperson for the college said, with enrollment remaining the same as last year at 1,225 students for the fall term.

Volkswagen Moving into Ventura County

Volkswagen Group of America Inc. is moving a test center and related operations into the new Oxnard Engineering Campus in Ventura County.

UNest Acquires Cash Gifting App

College savings app UNest, based in North Hollywood, announced Wednesday it has acquired Littlefund, another money gifting and savings app.

Glendale Lawyer Pleads Guilty in Scheme

Glendale lawyer Rudy Dekermenjian, 42, pleaded guilty Wednesday to charges related to a scheme in which a bank was defrauded into processing payments for a merchant whose account had been closed by the bank’s risk department.

Tuesday, September 8

Disney, Warner Bros. Settle VidAngel Copyright Lawsuit

Walt Disney Co. and Warner Bros Entertainment have settled a copyright lawsuit with a company that has a technology for editing out undesired content from movies and TV shows streaming on Netflix and Amazon Prime.

After 15 Years, Housing Project Approved in Simi Valley

Simi Valley Planning Commission has approved phase I of the 184-home Lost Canyons project, according to city records.

Calabasas Firm Changes Name to Oberg Law Group

A Calabasas law firm has changed its name to Oberg Law Group, thanks to the addition of Madison Oberg as partner.

Friday, September 4

Chambers of Commerce Eligible for City’s COVID Grants

Chambers of commerce are now eligible to apply for grants through the Los Angeles Regional COVID-19 Recovery Fund.

Rent-Controlled Multifamily in NoHo Trades for $3.5 Million

A 16-unit apartment property in North Hollywood has sold for $3.5 million, or $218,750 per unit.

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Santa Clarita Trio Charged in Diversity Recruiting Scam

Three Santa Clarita Valley residents have been charged in federal court on allegations of embezzling $1.7 million from a company in a scheme involving diversity recruitment and hiring.

BYD Deal Adds Transit Agencies to State Contract

BYD Motors Inc. announced this week its participation in a statewide contract to allow U.S. transit agencies to leverage California’s purchasing contract to buy its battery-electric motor coaches.

Thursday, September 3

Westcord Broker Denny Bloom Dies

Longtime Westcord Commercial Group real estate broker Dennis “Denny” Bloom died Aug. 19, according to the company.

Cinedigm Finds Business Audience for Bob Ross Channel

Cinedigm Corp. has signed an agreement with Atmosphere, a streaming service for businesses, to distribute the Bob Ross Channel.

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Australian Avocado Farms Adopt Semtech Monitoring System

Semtech has supplied its long-range, low-power technology to two Australian companies to deploy in avocado plantations.

Location Filming Dipped in August, But FilmL.A. Sees Uptick in Fall

During August, FilmL.A. processed about 44 percent of the number of on-location filming applications it would expect under normal summer conditions.

Wednesday, September 2

State Extends, Modifies Eviction Moratorium

More than five months after Gov. Gavin Newsom issued an eviction moratorium, the state has issued modified regulations for California tenants and landlords.

Sylmar Company Wins NATO Sonar Contract

L3Harris Technologies has won a contract to build two sonar systems for an undisclosed member of the North Atlantic Treaty Organization.

Northrop Tests Aircraft Navigation System

Northrop Grumman Corp. completed the critical design review of an upgraded navigation system for U.S. military aircraft.

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Sun Valley Mixed-Use Project With 432 Units

The city of Los Angeles has approved Lankershim Crossing — a mixed-use project to be built by a joint venture of Summerland Partners and Hankey Investment Co. that will put 432 dwellings on a nearly 4.5-acre site in Sun Valley.

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Tuesday, September 1

No More Fines for ‘Open for Business’ Signs

Los Angeles City Council member Bob Blumenfield successfully led an effort Tuesday to end one small but aggravating issue for local retailers during the pandemic: Fines for businesses that put up banners saying they were open.

FDA Approves New Medtronic Insulin Pump

Medtronic on Tuesday announced one of its insulin pump systems, the Minimed 770G, has received approval from the U.S. Food and Drug Administration.

Capstone Sells Two Turbines in Slovenia

Capstone Turbine Corp. received an order for two of its natural gas-fueled C200 microturbines from a textiles and home furnishings manufacturer in Slovenia.

ASGN Buys Consulting Firm for $72 Million

ASGN Inc. in Calabasas has acquired Boston consulting firm Leapfrog Systems Inc. for up to $72 million.