SFV BUSINESS JOURNAL DAILY NEWS

Disney Accelerator Firm Creates ‘Car’ Toy

A Colorado company that had been in the Walt Disney Co. accelerator program has brought out a new robotic toy based on a character from the Pixar film, “Cars.”

Home Prices Help American Homes Bonds

American Homes 4 Rent on Friday posted its revised “Home Price Appreciation Factor,” which affects returns for the company’s preferred shares.

Preview: Leno Launch No Joke

Everyone knows Jay Leno loves cars, so it was a perfect fit for an auto dealer to partner with the comedian on a new line of auto care products.

Preview: Unconventional CEO Builds BlackLine Success

Therese Tucker sees no reason why her company BlackLine Inc. should be a success. When she formed it in 2001, she had no financial backers and no customers – in short, the 55-year-old said, she had no clue what she was doing.

Business Events Calendar

Business Events throughout the Valleys.

Provision Tests 3D Technology in Israel

Technology firm Provision Interactive Technologies Inc., a division of Chatsworth-based Provision Holding Inc., is testing its 3D kiosk platform with clients of an Israeli advertising company ahead of a potential partnership.

Glendale Office Buildings Fetch $144 Million

Two Class A office buildings in Glendale have sold for $144 million, according to their buyer, real estate investment firm Kennedy-Wilson Holdings Inc.

BlackLine Prices Secondary Offering

BlackLine Inc. has priced its follow-on public offering 3.5 million shares at $33 per share, the company announced Thursday.

Santa Monica Closure Could Benefit Valley Airports

The closure of the Santa Monica Airport will likely benefit airfields in the San Fernando Valley, an economist with the Los Angeles County Economic Development Corp. told the aviation committee of the Valley Industry & Commerce Association on Wednesday.

Tesla Shares Tech With Santa Paula Grower

Santa Paula lemon and orange grower Limoneira Co. has struck up a new partnership with Palo Alto electric vehicle maker Tesla Inc. to test out its new battery system designed for a wider range of uses beyond automobiles.

Aerojet Wins Spaceplane Project

Aerojet Rocketdyne has been chosen to supply the main propulsion system for an experimental spaceplane being developed by Boeing Co. and the U.S. Defense Advanced Research Projects Agency.

City Tries to Slow Chatsworth Street Racers

The Los Angeles City Council has greenlighted a pilot program to curb street racing in the region, starting with the installation of rubber strips on an industrial road in Chatsworth.

Northridge Plaza Sells for $55 Million

A shopping center in Northridge has changed hands for nearly $55 million, according to Investment Real Estate Associates in Encino.

Sports Academy Moves into Esports

Sports Academy announced Tuesday the opening of Sandbox Esports, a training facility for competitive video gaming.

Palmdale Inn Enters Receivership

The Palmdale Inn has been placed under the control of a receiver following a ruling by the Los Angeles Superior Court, officials announced late Monday afternoon.

Report: California Tops for Film Production Spending

California was the primary location of 12 out of the top 100 feature films released domestically last year, making it fourth on a list in a report released Tuesday by FilmL.A.

Home Prices Rise Again

Housing inventory continues to tighten in the San Fernando and Santa Clarita valleys, causing prices to rise again in April, according to the Southland Regional Association of Realtors Inc.

Avery Dennison Buys Medical Products Maker

Avery Dennison Corp. on Monday announced it has acquired health care product manufacturer Finesse Medical Ltd. of Longford, Ireland.

PizzaRev Acquired by VC Firm

Fast-casual franchisor PizzaRev has been acquired by Cleveland Avenue, a venture capital firm founded by a former McDonald’s Corp. executive.

L.A. County Unemployment Rate Falls to 4.5 Percent

L.A. County’s unemployment rate fell to another new low of 4.5 percent in April, but in a sign that the local economy is close to full employment, employers in the county reversed their hiring trends and shed a net 7,000 jobs last month, state figures released Friday show.

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