San Fernando Valley Business Journal

Business Events Calendar

Business Events throughout the Valleys.

Diane Duke to Leave Free Speech Coalition

Diane Duke will step down at the end of December as the chief executive of Free Speech Coalition, the trade association for the adult entertainment industry.

St. Jude Launches New Spinal Stimulation System

St. Jude Medical Inc. announced on Monday the European launch of its Proclaim Elite Spinal Cord Stimulation System.

CRC Oversubscribed on $2.8 Billion Debt Swap

California Resources Corp. has announced early participation results of its private offer to exchange newly issued 8 percent notes for previously issued notes with interest rates between 5 and 6 percent.

AeroVironment Wins Drone Contract

AeroVironment Inc. received a $13 million contract to supply its Puma unmanned aircraft to the Marine Corps.

More Valley Haggen Stores To Sell

Bankruptcy court approves the sale of additional failed grocery outlets to competitors, including Stater Bros. and Albertson's.

Former Disney Employees File Complaints

Nearly two dozen IT workers laid off from Walt Disney World and forced to train their foreign replacements allege discrimination and hostile treatment.

United Online Rejects Buyout

Woodland Hills tech firm spurns $185 million offer from B. Riley Capital Management in Los Angeles.

Strong Valley Home Sales

Single-family home resale market saw a 6 percent increase in October, due to improving employment picture.

Aerojet Soars With Space Contract

Shares in Aerojet Rocketdyne Holdings Inc. rise sharply after company wins two NASA contracts worth $1.4 billion.

Capstone Turbine Regains Nasdaq Compliance

The Encino manufacturer has regained compliance with Nasdaq’s minimum pricing requirement.

PizzaRev to Glendale

PizzaRev announces its latest location will be in Glendale.

Pfizer to Acquire Kythera Parent Allergan

Drug giant Pfizer Inc. said Monday that it is purchasing Allergan Plc for approximately $160 billion, which would create the world’s largest drug developer.

CVS Adds Amgen's Repatha to Formulary

Thousand Oaks biotech Amgen Inc. announced on Monday that CVS Health has added its cholesterol-lowering drug Repatha to its list of covered medications for private insurance plans.

Freeway Bottleneck Report Features Valley Slow Spots

A federal report on freeway bottlenecks found that four of the 30 slowest stretches of road in the nation are either in the San Fernando Valley or feed into it.

MannKind CEO Resigns

MannKind Corp. Chief Executive Hakan Edstrom announced his resignation from the Valencia biopharmaceutical company Friday.

Westfield Offers Free Parking in Response to Complaints

Westfield Corp. has suspended its paid meter parking at the Village at Westfield Topanga shopping mall in Woodland Hills due to problems with the meters' software, company officials said in a statement.

Conejo Valley Insurance Agent Arrested

A Newbury Park insurance agent was arrested Thursday for allegedly running a commission scam by signing up more than 20 people for multiple life insurance policies without their knowledge, according to the California Insurance Department.

County Unemployment Drops in October

L.A. County’s unemployment rate fell last month to 6.1 percent as the county added 38,000 jobs, state figures released Friday show.

iPhone Fraudster Pleads Guilty

A Chatsworth man faces more than 8 years in federal prison after pleading guilty to fraud charges connected with his Glendale ride-sharing business.