SFV BUSINESS JOURNAL DAILY NEWS

Lancaster Urgent Care Center Wins Design-Build Award

High Desert Mental Health Urgent Care Center was among the award winners when the Design-Build Institute of America announced its nationwide 2021 Design-Build Project/Team Awards.

Northrop Test Fires Missile Off Ventura County Coast

Northrop Grumman Corp. completed the first live fire of its advanced anti-radiation guided missile system, the company announced.

Warner Center Office Park Acquired for Nearly $14 Million

A two-building office park near Warner Center has traded for $13.8 million, or just under $150 per square foot.

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Business Events Calendar

Business Events throughout the Valleys.

Expanding Hope of the Valley Gets New Headquarters

Hope of the Valley Rescue Mission has relocated from its head office space in Pacoima and entered into a rent-to-own agreement for a building in North Hills, celebrating the move with an open house.

Dole Goes Public on New York Stock Exchange

Fruit and vegetable grower Dole plc held an initial public offering on Friday, yielding $400 million in fresh capital.

Amgen Appoints Former Medtronic CEO Omar Ishrak to Board

Amgen Inc. announced Thursday the appointment of S. Omar Ishrak, former chairman and chief executive of Medtronic, to its board effective immediately.

$170 Million Movie Studio Coming to Sun Valley

A joint venture between builder Hudson Pacific Properties Inc. and investment firm Blackstone will create the 240,000-square-foot Sunset Glenoaks Studios movie and television production facility in Sun Valley by the third quarter of 2023, according to a statement from the developers.

Preview: Supersonic 'Clap'

Sound reduction technology could cut airlines' flight times in half.

Scarlett Johansson Sues Disney Over ‘Black Widow’ Streaming Strategy

Actress Scarlett Johansson has sued Walt Disney Co. over allegations her contract was breached when the Burbank entertainment and media company released her latest film “Black Widow” in both theaters and through its streaming service, according to media reports.

‘Best Hospital’ Ranking Names Six in Valley Region

Six San Fernando Valley region hospitals were named in U.S. News & World Report’s “Best Hospitals” for 2021-2022.

Westlake Village Office Campus Sells for Nearly $81 Million

Real estate investment firms Amstar and Searles Property Group have purchased a five-building office campus in Westlake Village for $80.8 million, or roughly $338 per square foot.

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Cheesecake Beats on Results but Stock Plunges

Stock in the Cheesecake Factory Inc. fell by double digits Wednesday after the Calabasas-based restaurant chain released second-quarter results that beat analysts’ expectations.

Teledyne Beats Expectations By Wide Margin

Teledyne Technologies Inc. beat Wall Street estimates on earnings and revenue for the second quarter.

Former Studio City Gap Site Sells for $7.3 Million

The site of a longtime Studio City Gap clothing store has sold for $7.3 million, or $634 per square foot.

Robotics Firm Gets More Funding

InVia Robotics secured a $30 million Series C funding round that includes an investment from Microsoft’s venture fund.

Supervisors Want Aliso Gas Expansion Stopped

The Los Angeles County Board of Supervisors unanimously voted to urge the California Public Utilities Commission to stop Southern California Gas Co. from expanding its natural gas storage capacity at its Aliso Canyon facility.

Amgen to Acquire Teneobio for $900 Million Cash

Thousand Oaks-based Amgen Inc. announced it will acquire private biotechnology company Teneobio in exchange for $900 million in cash.

Teledyne Sensors Approved for Airbus 320 Planes

Teledyne Controls, a subsidiary of Teledyne Technologies Inc., obtained Federal Aviation Administration approval for installation of its aircraft cabin environment sensor on the Airbus A320 aircraft.

Business Groups Express Concern About Mask Mandate

Five area business groups have sent a letter of concern to the Public Health Department of Los Angeles County saying the recent abrupt reimposition of the mask mandate was burdensome to businesses and may disincentive the unvaccinated from getting the jab.

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