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Fusion Generator Deal Sends US Nuclear Shares Higher

US Nuclear Corp. has acquired a stake in a company to manufacture its thermonuclear fusion power generator, a development that sent its shares higher.

L.A. City Council Recognizes New Horizons

The City of Los Angeles recognized New Horizons for 65 years of service to the community on April 17, according to a statement from the organization.

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Bakery Leases New Headquarters at Warner Center

An upscale baked goods producer and café has signed a 15,757-square-foot deal on a Warner Center facility that will become the company’s new manufacturing space.

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Santa Clarita Logs Biggest Rent Hikes in L.A. Metro Market

A new study found that Santa Clarita ranks No. 18 among medium-sized cities nationwide for year-over-year rent growth.

Business Events Calendar

Business Events throughout the Valleys.

Aldi Opens Store in Valley as Part of Regional Expansion

German discount grocer Aldi opened a new supermarket at 14626 Roscoe Blvd. in Panorama City this month as part of an expansion campaign throughout Southern California.

San Fernando Retail Building Sells for $850,000

A corner retail property in San Fernando has changed hands for $850,000, or $158 a square foot.

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Henry Mayo Hospital Reaches Deal With Nurses Union

The California Nurses Association has reached a tentative agreement with Henry Mayo Newhall Hospital, according to a statement from the association on Friday.

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L.A. County Unemployment Drops as Workforce Shrinks

L.A. County’s unemployment rate in March dipped slightly to 4.6 percent, the combined effect of a modest gain in jobs and several thousand workers leaving the labor force.

Public Storage Promotes Top Lawyer

Public Storage has promoted Nathaniel Vitan to chief legal officer and corporate secretary as of April 20, the company said in a statement.

Small Van Nuys Office Building Sells for $1.3 Million

A 4,500-square-foot office building in Van Nuys has sold in an all-cash deal for $1.3 million, or $288.89 per square foot, according to brokerage CREI.

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Lancaster Senior Housing Complex Trades for $8.7 Million

Aurora Village Apartments, a low-income senior housing project in Lancaster, has traded for $8.65 million, according to Lee & Associates-LA North/Ventura.

Casamba Partners with Florida-Based Health Tech Firm

Casamba, an electronic medical record company in Agoura Hills, has partnered with Forcura, a document management and health care communications firm in Jacksonville, Fla.

Tenant Purchases Chatsworth Warehouse for $9.7 Million

A Chatsworth warehouse has sold for $9.65 million to its tenant Allsale Electric.

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Thor Trucks Changes Name to Xos

Thor Trucks Inc. has rebranded itself as Xos and will expand its product offering beyond just trucks, the company announced.

New Manager at Hilton Los Angeles/Universal City

San Fernando Valley’s largest hotel has a new managing director.

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Women’s Council Awards Honors Valley’s Best

The San Fernando Valley Business Journal’s Women’s Council Awards recognized prominent female business leaders Wednesday.

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LBI Media to Restructure in Bankruptcy

LBI Media Inc. received approval of its Third Amended Plan of Reorganization from the U.S. Bankruptcy Court.

Location Filming Declines During Quarter

On-location filming of feature movies, television series and commercials was down in the first quarter.

North Hills Apartment Building Sells for $4.9 Million

A North Hills multifamily property has sold for nearly $4.9 million, or $318 per square foot.

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