San Fernando Valley Business Journal

Update: Kinkisharyo Delivers Rail Car Amid Dispute

Kinkisharyo International has delivered its first Los Angeles rail car amid calls for the governor to step in and resolve a dispute that has threatened the opening of a company factory in the Antelope Valley.

Hold Lifted on Adult Filming

A six-day hold on adult film production was lifted Monday after tests concluded the performer pool had not been infected with the HIV virus.

IPC Expands With Pennsylvania Acquisition

IPC The Hospitalist Co. Inc. has purchased Comprehensive Health Solutions in suburban Philadelphia, the company announced on Monday.

Amgen Assisting in Ebola Treatment

Amgen Inc. is teaming with the Bill & Melinda Gates Foundation to develop a faster production method for Zmapp, an experimental ebola treatment, according to the company.

Business Events Calendar

Business Events throughout the Valleys.

Valley Firms Receive VC Funding

Companies in greater Los Angeles raised $436 million in third-quarter venture capital funding, a 33 percent increase from the same period last year, according to the latest Money Tree Report.

Unemployment Drops as Teachers Return to School

L.A.’s unemployment rate dipped to 8 percent last month as the county gained 28,000 jobs, mostly from teachers returning to schools after summer vacation, according to state figures released Friday.

Phillips to Lead Valley Alliance

A long-time executive of the Valley Economic Alliance has been named as the group’s new chief.

Amgen Sues Over Cholesterol Drug Patent

Amgen Inc. announced on Friday it has filed a lawsuit against two pharmaceutical companies for patent infringement on an experimental anti-cholesterol drug.

Signature Acquires Recycling Business

Signature Group Holdings Inc. announced on Friday that it will acquire Global Recycling and Specification Alloys for $525 million.

Former Simi Valley CEO Sentenced to 7 Years

The former owner of a Simi Valley-based battery distributor was sentenced this week to more than seven years in prison for fraudulently selling more than $2.6 million in knock-offs to the U.S. Defense Department.

BYD Showcases Articulated Bus Named Lancaster

After two years of development, BYD Motors Inc. has completed its first articulated electric bus and named it for the city in which it was made – Lancaster.

Briefs: Teledyne, Superior, Ralph's

Teledyne Technologies wins a Navy contract, Superior Industries announces share repurchase program and Ralph's closes a store.

Burbank Approves Talaria Project

The Burbank City Council voted 4-1 to approve the Talaria at Burbank mixed-used development in the Media District Tuesday night, following two weeks of lengthy meetings on the project.

WB to Cut Budget by $200 Million

Warner Bros. Entertainment will cut about $200 million from its budget, its chief executive said Wednesday to investors, according to media reports.

Adult Filming on Hold After Reported Infection

A three-day hold was put on adult film production Wednesday following a report of an exposure to HIV on an out-of-state movie set.

WB Forms Chinese Entertainment Partnership

Warner Bros. Entertainment announced on Tuesday that it is creating a partnership to make investments in Chinese and other international film and television content.

Real Estate Investor Guy Weddington McCreary Dies at 77

Guy Weddington McCreary, a member of the founding family of North Hollywood, died last weekend. He was 77.

Garcetti Unveils Water Reduction Plan

Los Angeles Mayor Eric Garcetti on Tuesday issued a directive that requires a reduction in city agencies’ fresh water use by 20 percent by 2017 and cuts in half the amount of water the Department of Water and Power can import by 2024.

Briefs: Legendary, My Eye Media

Legendary Entertainment has purchased a women-focused website; Burbank-based My Eye Media is opening an office in New York.

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