SFV BUSINESS JOURNAL DAILY NEWS

Pierce College President to Step Down

Alexis Montevirgen, president of Pierce College in Woodland Hills, plans to step down from the role in June.

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Capstone Changes Name to Reflect ‘Green Energy’ Mission

Capstone Turbine Corp. has changed its name to Capstone Green Energy Corp. to better reflect its mission of carbon reduction and manufacturing green energy products.

Business Events Calendar

Business Events throughout the Valleys.

Builder and Philanthropist Paul Griffin Jr. Dies

Paul E. Griffin Jr., a prodigious real estate developer and philanthropist, died April 6.

Updated Regulation Allows Out-of-State Customers at Theme Parks, Concerts

A small update to the California Blueprint for a Safer Economy on Tuesday allowed vaccinated out-of-state visitors to attend venues and events – including theme parks – restricted to in-state visitors only.

Plastic Utensils to Be Restricted

The Los Angeles City Council on Wednesday unanimously passed an ordinance to make disposable utensils and napkins at restaurants available only by request from customers.

Startup Attracts $17M in Funding

Westlake Village startup PureSpectrum this week announced it garnered $17 million in Series B funding from Arthur Ventures, a Minneapolis-based growth equity firm.

New CEO for Software Firm

Business software provider Cforia Software has announced that Karl Florida will succeed founder Chris Caparon as chief executive officer.

Amgen Stomach Cancer Drug Earns FDA Breakthrough Status

A stomach cancer drug in development by Amgen Inc. has been granted Breakthrough Therapy Designation by the U.S. Food and Drug Administration.

LAEDC Report ‘Optimistic’ on Economic Recovery

Los Angeles Economic Development Corp. reported indicators of a strengthening economic recovery in the county during its monthly economic briefing.

Lamps Plus Names President

Lamps Plus Inc. has named Clark Linstone as the new president at the retailer of lamps, lighting fixtures and home furnishings.

Patios Expansion at Westfield Valencia Town Center Canceled

Westfield announced it has canceled plans to expand Westfield Valencia Town Center with a 101,000-square-foot Costco and other amenities.

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MannKind Partnership Applies for FDA Approval of Lung, Heart Treatment

MannKind Corp. and United Therapeutics have reached a milestone in their licensing and collaboration agreement, with a new drug application submitted to the U.S. Food and Drug Administration for the partnership’s pulmonary arterial hypertension treatment.

Simi Valley-Built Helicopter Hovers Over Mars

Space helicopter Ingenuity became the first aircraft in history to make a controlled flight on another planet as the craft successfully hovered above the surface of Mars early Monday morning.

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Go-Cart Operator Gains Traction in Thousand Oaks With 10-Year Lease

National go-cart recreation company K1 Speed has signed a lease for 50,000 square feet in the Conejo Valley.

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California Resources Appoints New Board Chair

California Resources Corp. has appointed Tiffany Thom Cepak as the new chair of the company’s board.

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Universal Studios Hollywood Reopens to Public

Universal Studios Hollywood opened for guests to visit the theme park’s rides and attractions, including the all-new “The Secret Life of Pets: Off the Leash!” and “Jurassic World—The Ride.”

FloQast Hires Chief Marketing Officer

Accounting software developer FloQast has named Edward Brice as its chief marketing officer, effective immediately.

Semtech, Vision Metering Grow Utility Market in U.S., Latin America

Semtech Corp. announced this week that Vision Metering LLC has increased its deployment of long-range, low-power wide area network protocol technology in markets in the U.S. and Latin America.

Medtronic Launches Large-Capacity Insulin Pump Technology

Medtronic has launched its diabetes extended infusion set in some European countries.

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