SFV BUSINESS JOURNAL DAILY NEWS

Three People Injured in Canoga Park Industrial Explosion

Three people were injured after an explosion rocked a Canoga Park industrial area Wednesday that collapsed part of the building’s roof and tore through three units.

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Endonovo and SunMed Partner on Medical Device Distribution

Woodland Hills’ Endonovo Therapeutics has partnered with SunMed, a medical equipment distributor and claims company in Valencia, to distribute medical devices.

Cinedigm Shares Gain on Chinese Movie Deal

Shares of Cinedigm Corp. gained more than 5 percent Wednesday in the next trading session after the company announced a deal to distribute Chinese movies.

Disney Closes $71 Billion Fox Acquisition

Walt Disney Co. on Wednesday closed on its $71.3 billion acquisition of the media assets of 21st Century Fox.

Valley Home Sales Reach Record Low as Prices Fall

The number of homes sold last month in the San Fernando Valley reached a record low for February, even as inventory expanded and prices softened, according to a report from the Southland Regional Association of Realtors.

Business Events Calendar

Business Events throughout the Valleys.

Teledyne Subsidiary Secures F-35 Contract

A business unit of Teledyne Technologies Inc. has received a contract of more than $20 million to continue its support of the F-35 Lightning II fighter aircraft.

Former Amazon, Microsoft Exec Joins BlackLine Board

A former Amazon.com Inc. and Microsoft Corp. executive will join the board of BlackLine Inc.

Salem Media Acquires PJ Media

Salem Media Group announced Tuesday the acquisition of PJ Media.

Funrise Launches Toy Line Based on ‘Wonder Park’ Movie

Funrise Inc. has acquired the rights to design, manufacture and distribute toys based on “Wonder Park,” a film by Paramount Animation and Nickelodeon Movies.

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Bank of America to Hire 300 Bankers in Greater L.A. Region

Bank of America of the Greater Los Angeles Region plans to hire as many 300 bankers across all of its business lines over the next three years, according to the bank’s top executive in the region.

Nurses Ratify Contract with Pacifica Hospital

After months of negotiations and a near strike earlier this month, the nurses of SEIU Local 121 RN have ratified their contract with Pacifica Hospital of the Valley on Monday.

Warner Bros. Entertainment CEO Steps Down

Kevin Tsujihara is stepping down as chief executive of Warner Bros. Entertainment, according to media reports.

Dine Brands to Open IHOP Locations in Pakistan

Dine Brands Global Inc. has made a deal to open International House of Pancakes locations in Pakistan.

STX Raises Funding, Names Executive

STX Entertainment this week announced $700 million in new capital from a Series B investment round.

Cinedigm Buys Video Network

Cinedigm Corp. has added to its streaming footprint with the acquisition of a Northern California video-on-demand channel network.

Amgen Aims to Reach Wider Market with Repatha

Amgen Inc. could greatly expand its market for cholesterol drug Repatha if an upcoming study is successful.

Fashion e-Commerce Site Signs Up With Westlake Village Robotics Firm

InVia Robotics has sold its automated robot and management system to a warehouse of e-commerce fulfillment business in Reno, Nev.

Preview: Alternate Futures

Marketers, gamers and doubters get their heads around virtual reality.

Report Cites SoCal Edison Wires as Cause of Thomas Fire

The Ventura County Fire Department on Wednesday issued a report saying that arcing of wires owned and operated by Southern California Edison caused the massive 2017 Thomas Fire in Ventura and Santa Barbara Counties.

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