Latest stories
Coronavirus Closes Two Disney Theme Parks
Hong Kong Disneyland on Sunday closed because of the Coronavirus, making it the second Disney park to close after Shanghai Disneyland on Saturday.
Kobe Bryant Dies in Calabasas Helicopter Crash
Kobe Bryant, the former Los Angeles Lakers basketball star, was killed Sunday in a helicopter crash in Calabasas.
Kaiser Permanente Woodland Hills Reopens
Kaiser Permanente Woodland Hills Medical Center on Sunday resumed full operation following the repair of a water main break incurred the previous weekend.
Asgn Acquires Government IT Contractor for $85 Million
Asgn Inc. in Calabasas announced the acquisition of Blackstone Federal, a subsidiary of Blackstone Technology Group that does contract work for the Department of Homeland Security.
Business Events Calendar
Business Events throughout the Valleys.
Arcutis Hopes for $125 Million from IPO
Arcutis Biotherapeutics, a Westlake Village biopharmaceutical company specializing in topical treatments for psoriasis, has proposed terms for its plan to go public.
New CFO for AeroVironment
AeroVironment Inc. has named Kevin McDonnell as its new chief financial officer effective Feb. 10.
Glendale Firm Raises $6 Million
Reveleer, a cloud-based medical data platform in Glendale, this week announced $6 million in Series C financing.
Bed Bath & Beyond Announces Closure of 40 Stores
Home goods retailer Bed Bath & Beyond has released a list of 40 store locations across the country that “have already closed or will close in 2020.” The good news for the Valley area: the list includes no local stores other than already-shuttered outlets at 19211 Golden Valley Road in Santa Clarita and 17401 Ventura Blvd. in Encino.
Kaiser Expects to Reopen Woodland Hills Center Sunday
Kaiser Permanente Woodland Hills Medical Center, having virtually shut down this week, announced Friday that it expects to reopen on Sunday.
Glendale's Doran Lofts Sell for $12.6 Million
A private investor has acquired the Doran Lofts apartments in Glendale for $12.6 million.
Disney Divests FoxNext Game Studio
Walt Disney Co. in Burbank sold game developer FoxNext Games to Culver City-based mobile game publisher Scopely Inc. for an undisclosed sum.
Teledyne Beats Estimates for Fourth Quarter
Teledyne Technologies Inc. beat Wall Street estimates on earnings and revenue for the fourth quarter.
Northridge Multifamily Complex Acquired for $14.9 Million
Champion Real Estate Co. has acquired Valleywood Apartments, a 42-unit multifamily property in Northridge, for $14.9 million.
Illumination Dynamics Becomes First Tenant at Needham Ranch
Illumination Dynamics has completed a move to its new headquarters, the first building at the Needham Ranch complex in Santa Clarita.
Update: Kaiser Closes ER Because of Broken Water Pipe
Kaiser Permanente Woodland Hills Medical Center late Tuesday closed its urgent care services and its emergency department.
LTC Acquires Three Assisted Living Facilities for $33 Million
LTC Properties in Westlake Village has invested $33 million in out-of-state acquisitions.
FloQast Raises $40 Million in Growth Capital
Accounting software developer FloQast has raised $40 million in a series C funding round.
Broken Water Pipe Cancels Surgeries at Kaiser Hospital
Following a water main break, Kaiser Permanente Medical Center in Woodland Hills has canceled surgeries and doctors’ appointments.
AMS Fulfillment Buys Pennsylvania Company
AMS Fulfillment Holdings has acquired EchoData Group, a fulfillment services company with operations on the East Coast. Financial terms of the transaction were not disclosed.
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