Southest Asian Country Buys AeroVironment's Raven Drones

AeroVironment Inc. has received a contract valued at $6.4 million from a Southeast Asian military customer for additional Raven unmanned aircraft.

Jill Lederer to Retire From Conejo Valley Chamber

Jill Lederer, the long-time head of the Greater Conejo Valley Chamber of Commerce, will retire her position effective in January.

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Gelt Pays $61 Million for Denver Apartment Complex

Gelt Inc. has acquired the Timber Lodge apartment complex outside Denver.

Valencia Medical Device Startup Lands NIH Grant

Neuronoff Inc., a development-stage medical device company in Valencia, has been awarded a $2.2 million grant from the National Institutes of Health.

Industrial Fire Burns Businesses in NoHo

An industrial fire destroyed three businesses in North Hollywood on Friday before being extinguished by firefighters early Saturday morning.

Management School Assistant Dean to Leave Cal Lutheran

Sumantra Sengupta, assistant dean of the management school at California Lutheran University, has resigned his position effective Dec. 2.

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Mixed-Use Project to Rise in Van Nuys

A commercial property at the northeast corner of Van Nuys Boulevard and Kittridge Street in Van Nuys has been approved for a mixed-use project, per an Urbanize.LA report.

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Maria Fire Threatens Businesses

Businesses and farms lie in a zone of mandatory evacuations in the face of the Maria Fire, which has burned more than 8,700 acres between Santa Paul and Somis in Ventura County.

Endonovo Proposes Reverse Stock Split

Endonovo Therapeutics, a Woodland Hills business that develops electro-therapeutic devices for pain management, on Thursday announced a proposed reverse stock split.

Bankruptcy Judge Approves Barney’s Sale to Authentic Brands, B. Riley

A bankruptcy judge has approved the sale of the Barney’s chain of fashion stores to Authentic Brands Group and its financial partner B. Riley Financial in Woodland Hills.

Interlink Electronics Joins LoRa Alliance

Interlink Electronics Inc. has joined the LoRa Alliance, a technology industry nonprofit organization.

Amgen to Invest $2.7 Billion in Chinese Biotech

Amgen Inc. on Thursday announced it will buy a 20.5 percent stake in Beigene, a Chinese cancer biotech company, for $2.7 billion in cash.

Henry Mayo Hospital Opens $164 Million Patient Tower

Henry Mayo Newhall Hospital opened its six-story, 163,000-square-foot tower to patients last weekend and on the same day welcomed the first baby boy and girl to the Center for Women and Newborns.

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Affordable Housing Developer to Bring 356 Units to North Hills

Meta Housing Corp. is seeking to acquire a North Hills property for the purpose of developing 356 units of affordable rental housing.

Easy Fire Forces Power Cuts, Threatens Reagan Library

Southern California Edison cut electricity for nearly 23,000 customers in Ventura County Wednesday as a precautionary measure against the Easy Fire.

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Business Journal Honors Fastest Growth Companies

The Business Journal honored the 50 Fastest Growing Private Companies in the Valley region on Tuesday, with Encino-based Caulipower Inc. named as the top company on the annual list.

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B. Riley Launches Fashion Brand Portfolio

B. Riley Financial Inc. on Wednesday announced it has established a nearly $117 million investment portfolio for fashion brands.

Dine Brands Beats Estimates, Plans Nearly 100 New IHOP Restaurants

Dine Brands Global Inc. beat analyst estimates Wednesday, while in a separate announcement the company announced plans for nearly 100 new restaurants.

Two-Building Apartment Complex in Sherman Oaks Sells for $29 Million

An 88-unit apartment complex in Sherman Oaks, known as the Cambridge Apartments, has sold for $29.4 million.

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Dine Brands, Builder to Open 15 IHOPs in Toronto

Dine Brands International has entered into a franchising agreement with construction firm Minhas Holdings, headquartered in Vancouver, Canada, to bring more than a dozen IHOP diners to the Toronto market.