Going From Light to Darkness?

The new year is well underway. There is hope and we have slightly seen the light at the end of the tunnel

American Homes 4 Rent Reports Higher Revenue, Earnings

American Homes 4 Rent beat Wall Street estimates on earnings for the fourth quarter while matching on revenue.

Preview: A Second Sight Buyout Strategy

Companies combine technology for visual prosthetics.

Preview: Legal Markets in Flux

Changing regulations and lifestyle shifts during the pandemic have created a windfall for some law practices while others languish.

Regional Nonprofits for Developmentally Disabled Merge

Developmental disability nonprofit AbilityFirst this week announced it has completed a merger with fellow Pasadena nonprofit FVO Solutions Inc.

Warner Center Firm IMG Sells North Carolina Apartments for $30 Million

Woodland Hills-based real estate firm Investors Management Group Inc. has sold a two-property multifamily portfolio in Raleigh, North Carolina to Abacus Capital Group for $29.8 million.

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Airline Hiring at Hollywood Burbank Airport

Charter flight operator Avelo Airlines is hiring about 150 employees for operations at Hollywood Burbank Airport.

Burbank City Council Revokes Bar’s Permit

Burbank City Council has revoked the conditional use permit for Tin Horn Flats, a western-themed bar, after the bar ignored multiple requests for it to comply with pandemic-related restrictions.

Afrezza Quarterly Sales Increase, New Therapies on Horizon at MannKind

MannKind Corp. touted increased sales for its flagship drug Afrezza during its fourth quarter earnings report, while pointing out its new direction toward therapies for lung and endocrine diseases.

AeroVironment Buys AI Firm

AeroVironment Inc. announced Wednesday that it had acquired the intelligent systems group of Progeny Systems Corp. for $30 million. AeroVironment’s stock surged on Wednesday.

L.A. Kings, ASEC to Operate Rescued Santa Clarita Ice Rink

The city of Santa Clarita has awarded a contract to Los Angeles Kings and American Sports Entertainment Co. to operate an ice rink the city rescued in the fall.

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Fry’s Abruptly Closes All Stores

Fry’s Electronics abruptly shuttered all of its stores on Wednesday, affecting 31 sites in nine states.

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State Orders Burgerim to Refund Franchisees

The state has ordered fast casual burger chain Burgerim to refund $57 million in franchise fees paid by more than 1,500 would-be restaurant operators after finding the Encino company violated California’s franchise regulations.

Attorney, BioScience Alliance Founder Brent Reinke Switches Firms

Brent Reinke, partner at Musick Peeler Law Firm in Westlake Village, will join Stradling Yocca Carlson and Rauth as a corporate shareholder.

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Industrial Broker Joins Delphi

Mike Centurioni, a commercial real estate broker for the last 18 years, has joined Van Nuys-headquartered Delphi Business Properties Inc. as a senior vice president.

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Toyota’s Hydrogen Car Debuts in Lancaster

Lancaster became one of the first cities in the country to debut the new Toyota Mirai hydrogen-powered car.

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Capstone Receives $5 Million in Arbitration Settlement

Capstone Turbine Corp. will receive $5 million in a settlement with a former parts supplier that took a dispute to arbitration.

AeroVironment Completes Acquisition of Drone-Maker

AeroVironment Inc. completed its acquisition of Arcturus UAV Inc. making it a wholly owned subsidiary under the AeroVironment brand.

Magic Mountain Plans to Reopen in Spring

Six Flags Entertainment Corp. announced plans to reopen its Magic Mountain theme park in Valencia this spring.

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Health Net Study Looks at COVID in Communities of Color

Health Net, the medical insurer in Woodland Hills, has partnered with L.A.-based nonprofit Wesley Health Centers to conduct a study assessing the impact of the COVID-19 pandemic on racial minorities.