Passenger Counts Drop at Region's Airports

Local airports continued to tell a tale of two markets in February as passenger counts dropped yet again while cargo tonnage surged to new heights.

Disneyland, California Adventure Tickets Go on Sale April 15

Walt Disney Co. announced Tuesday that tickets for its Southern California theme parks will go on sale to the public on April 15, according to media reports.

Capstone Sells Turbine to Russian Data Center

Capstone Turbine Corp. received an order for one of its microturbines for use at a data center in Russia.

Burbank Caps Food Delivery Fees

Following the lead of other cities including Los Angeles and San Francisco, the Burbank City Council has adopted a temporary ordinance to cap commission rates for food delivery to assist in the reopening of businesses impacted by COVID-19.

Private Placement to Bankroll BioSolar’s Hydrogen Research

BioSolar Inc. plans a $5 million private placement to bankroll its research on hydrogen fuel.

Rising Realty Sells Calabasas Office Park for $79 Million

Rising Realty Partners has sold Park Calabasas — a 225,000-square-foot office campus sprawled across more than 20 acres in Calabasas — for $79 million.

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L.A., Ventura Counties Move to Orange Tier Next Week

Los Angeles and Ventura counties are slated for the less restrictive orange tier on Monday and Wednesday, respectively, but county officials are reserving the right to implement their own limits for sectors of the economy.

Despite Arrest, Tinhorn Flats Determined to Open Again

The city of Burbank and the owner of Tinhorn Flats Saloon & Grill continue to face off in their ongoing battle over coronavirus-related closures, most recently with the arrest of the owner’s son, Lucas Lapejian.

NoHo Apartment Building Trades for $21 Million

A private investor has acquired a 42-unit apartment building in North Hollywood for $21.3 million, or $506,000 per unit.

Teledyne Secures Approval for Flir Deal in Canada, Germany

Teledyne Technologies Inc. has received antitrust clearance from regulatory agencies in Canada and Germany for its acquisition of Flir Systems Inc.

Movie Ranch Owner Rene Veluzat Dies

Rene Veluzat, an actor and stuntman who used his Hollywood connections to start two movie ranches in the Santa Clarita Valley, died on March 21 from cancer. He was 80 years old.

Pacoima Multifamily Fetches $16.3 Million

Paladin Realty Partners has purchased an 85-unit apartment complex in Pacoima for $16.3 million, or about $192,000 per unit.

Second Sight Names New Acting CEO to Comply With Nasdaq

Second Sight Medical Products Inc. on Thursday announced its board of directors has named Scott Dunbar as its new acting chief executive, replacing Matthew Pfeffer.

Burbank Locks Tinhorn Flats, and Again Owner Cuts It Off

The city of Burbank on Wednesday morning put a red tag of condemnation on the defiant Tinhorn Flats Saloon and Grill and padlocked its doors for a second time.

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Alpert Barr, Shenon Law to Merge

Encino law firm Alpert Barr & Grant on Wednesday announced a plan to merge with Shenon Law on April 1, taking on three lawyers and two paralegals from the Sherman Oaks firm.

LAEDC Foresees Significant But Not Complete Recovery in 2021

The Los Angeles Economic Development Corp. reported an optimistic outlook for the county in its monthly economic briefing this week.

Camarillo Industrial Building Sells for $6.5 Million

A single-tenant warehouse property has sold in Camarillo for $6.5 million.

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Fernando Award Foundation Names Co-Chairs

The Fernando Award Foundation board of directors announced Monday the election of co-chairs Mark Levinson and Pegi Matsuda.

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Universal Studios Theme Park to Reopen

Universal Studios Hollywood will reopen on April 16, after having been closed for the past year due to the COVID-19 pandemic, according to media reports.

Amgen Buys Rodeo Therapeutics

Amgen Inc. on Tuesday announced plans to acquire Rodeo Therapeutics Corp., a private biopharmaceutical company based in Seattle.