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Medtronic Insulin Pump Approved for Pediatric Patients

Medtronic’s closed-loop insulin pump is now approved for use in young patients with Type 1 diabetes, expanding the market for the medical device, the company announced Thursday.

Economic Forecast: Grim Reality for Ventura County

California Lutheran University Center of Economic Research Executive Director Matthew Fienup on Friday gave an overview of Ventura County’s regional economy in “stark contrast” to the robust growth in neighboring San Fernando Valley.

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Cheesecake Factory to Debut New Chain in Thousand Oaks

Cheesecake Factory Inc. plans to open a new Asian fusion restaurant chain, which will make its debut at the Promenade at Westlake in Thousand Oaks this fall.

Preview: Choose Your Child

Fertility Institutes' Dr. Jeffrey Steinberg pushes the envelope by giving parents the option to select their offspring's eye color.

Preview: The IHOB Strategy

Name change yields social media attention, stock gains for restaurant chain.

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Business Events Calendar

Business Events throughout the Valleys.

Limoneira Stock Offering to Fund Chilean Acquisition

Limoneira Co. is offering around $60 million of its common stock to help fund the acquisition of a ranch in Chile, the Santa Paula agribusiness company announced Wednesday.

OnTrac Officially Launches Sun Valley Hub

A team of Colliers International brokers and tenant OnTrac celebrated the grand opening of a 255,528-square-foot warehouse in Sun Valley.

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Natren Opens Expanded Manufacturing Plant

One year after breaking ground on a 7,000-square-foot addition to its Westlake Village manufacturing plant, probiotic supplement maker Natren Inc. has opened the new facility.

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New Bus Route to Serve Warner Center

Representatives of Los Angeles County Metropolitan Transportation Authority, politicians, business leaders and Valley residents turned out Thursday to introduce a new shuttle bus to serve the Warner Center area.

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Metro Committee Recommends East Valley Light Rail

The planning and programming committee of Los Angeles County Metropolitan Transportation Authority, or Metro, on Wednesday recommended that the Metro board approve a proposal to build a light rail system along Van Nuys Boulevard.

Whole Foods Opens in Burbank

After more than a decade of trying, grocery chain Whole Foods Market has opened in Burbank.

Surf Air in Tiff with Operator

Members-only airline Surf Air Inc. has been sued in federal court over allegations of defaulting on agreements it has with the company that has operated its flights in California.

EPA Orders Groundwater Cleanup

The Environmental Protection Agency has ordered two aerospace manufacturers to spend more than $21 million to clean up groundwater contamination at a Superfund site near the Hollywood Burbank Airport.

Fox Agrees to New Disney Bid

The Walt Disney Co. has reached a second agreement with 21st Century Fox to purchase Fox’s movie and television assets, this time for the much higher price of $71.3 billion.

Soon-Shiong Takes Ownership of L.A. Times

Billionaire Patrick Soon-Shiong said that he will seek a seat on the Tribune Co. board now that his $500 million purchase of the Los Angeles Times and other California News Group holdings was finalized on Monday.

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Valley Contractor to Build Electric Car Manufacturing Plant

Electric vehicle manufacturer Faraday Future has selected San Fernando-based construction company Bernards as the general contractor to create its new, 1 million-square-foot factory in Hanford.

Battery Pact Sends BioSolar Shares Up

BioSolar Inc. has signed a joint development agreement with a Spanish subsidiary of Ferroglobe PLC to develop and market silicon anode materials for use in lithium ion batteries.

Dole Appoints President of Fresh Vegetables

Dole Food Co. Inc. has appointed Michael Solomon as president of Dole Fresh Vegetable, the Westlake Village company announced Tuesday.

B. Riley Participates in $1.4 Billion Rent-A-Center Acquisition

B. Riley Financial Inc. has partnered with Vintage Capital Management to acquire Rent-A-Center Inc, the Woodland Hills financial firm announced Monday.