San Fernando Valley Business Journal

Joel Russell is editor of the Business Journal and is responsible for the content of the publication.

Recent Stories

B. Riley to Manage Hedge Funds

B. Riley Financial Inc. will take over the management of Dialectic Capital Management hedge funds, the Woodland Hills finance company announced Monday.

Capstone to Partner on Plasma Technology

Capstone Turbine Corp. has partnered with FGC Plasma Solutions to test a new plasma-assisted fuel injection technology for its C65 microturbines.

Princess to Pay $40 Million Pollution Fine

Princess Cruise Lines Ltd. was sentenced Wednesday to pay $40 million, the largest-ever fine for deliberate vessel pollution, according to the U.S. Justice Department.

Great American, KKR Arranges Credit for Sears Canada

Great American Capital Partners, a subsidiary of B. Riley Financial Inc. in Woodland Hills, and KKR Capital Markets have agreed to provide a secured loan to Sears Canada for about $220 million.

Northrop Tests ‘Game Changer’ Spy Drone

UTC Aerospace Systems has successfully completed the first flight test of its MS-177 imaging sensor on a Northrop Grumman drone in Palmdale.

Capstone Releases Preliminary Quarterly Results

In a move to increase investor transparency, Capstone Turbine Corp. released selected preliminary fiscal fourth quarter financial results Monday that showed an 11 increase in revenue.

The Number

Precipitation impact on Ventura and L.A. counties.

Home Loan Scammer Convicted

The operator of a home loan modification scam in Santa Clarita has been convicted of grand theft and white collar crime, according to the California Board of Equalization.

Great American to Liquidate HHGregg, Gordmans Locations

Liquidation auction house Great American Group will sell the inventory of two closed retail chains, the company announced Monday.

Tutor Perini Offers to Buy Back Debt

Tutor Perini Corp. announced Monday a tender offer to pay cash for its senior note debt instruments that expire in 2018.

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