SFV BUSINESS JOURNAL DAILY NEWS

L.A. County Unemployment Rises to 4.5 Percent

L.A. County’s unemployment rate edged up to 4.5 percent in June as more county residents were looking for work, according to state figures released Friday.

Avita Medical Builds Leadership Team

Avita Medical has appointed three new leaders to its management team at its Valencia headquarters.

Preview: Smart Heart Monitor

A paperclip-sized revolution in cardiac electrophysiology is afoot in a bright white lab at Abbott Laboratories in Sylmar, where the world’s first Bluetooth- and smartphone-enabled implantable cardiac monitor are coming off the assembly line.

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Preview: Marijuana Map: Illegal Shops

As city of Los Angeles cracks down on dispensaries, neighbors complain of odors and potential rent hikes.

Tix Shares Pop on Talk of MGM Buyout

Tix Corp. is in talks with MGM Resorts International to sell off its outstanding shares to the global hospitality company.

Amgen Partners with Cedars-Sinai on Research

Amgen Inc. has entered into a three-year research partnership with Cedars-Sinai Medical Center in Los Angeles to assess health outcomes in patients with cancer, osteoporosis, cardiovascular disease and migraine.

Disney Wins Bidding Battle for Fox Assets

Shares of Walt Disney Co. closed up more than 1 percent Thursday after Comcast Corp. pulled out of a bidding war for the media assets of 21st Century Fox.

Valley Region Airports Receive $25 Million in FAA Grants

Airports in the San Fernando and Antelope valleys are receiving grants from the Federal Aviation Administration totaling about $25 million for repair and reconstruction projects.

Business Events Calendar

Business Events throughout the Valleys.

Simi Valley Warehouse Changes Hands

A nearly 40,000-square-foot industrial building at 167 W. Cochran Street in Simi Valley has sold for $7.3 million.

LTC Buys Two Senior Living Communities

LTC Properties Inc. in Westlake Village has purchased two senior living communities in Texas in a $25.2 million sale-leaseback acquisition.

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On-Location Filming in L.A. Drops in Quarter

On-location film, television and commercial production decreased by more than 5 percent in the second quarter compared to a year ago, according to figures released Wednesday by FilmL.A.

Align Aerospace, Ball Corp. Sign Industrial Leases in Chatsworth

California Realty Group closed a pair of separate leases in June at a Chatsworth industrial site.

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$1 Billion Transformation for Warner Center Corporate Park

Adler Realty Investments has plans for a $1 billion transformation of Warner Center Corporate Park at the intersection of DeSoto Street and Burbank Boulevard in Woodland Hills.

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Santa Clarita Reports Annual Film Growth

The city of Santa Clarita recorded for a fifth year in a row more than 500 film permits for on-location filming within its borders.

IHOP Launches Meal Delivery Partnership

IHOP has launched a new delivery service at more than 300 U.S. locations through a partnership with on-demand delivery app DoorDash, the Glendale-based restaurant chain announced Tuesday.

First Moorpark Hotel in a Century Underway

Construction has begun on a four-story, 108-key Marriott hotel in Moorpark in what is being heralded as the community’s first hotel in nearly a century.

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Glendale Mayor to Chair Airport Authority

The Burbank-Glendale-Pasadena Airport Authority elected Zareh Sinanyan as its new president for the coming year.

Salem Media Revamps Music Radio Lineup

Salem Media Group has revamped the programming lineup for its Nashville flagship station and nationally syndicated music programs, the Christian and conservative media company announced Monday.

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Chatsworth Residents Sentenced for $20 Million Mortgage Fraud

Three Chatsworth residents who owned or managed foreclosure rescue companies were sentenced Monday for their roles in a mortgage fraud, the Department of Justice announced.

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