Latest stories

Wells Fargo’s Top Valley Exec Leaves Bank

Patrick Nygren, the former regional president in the San Fernando Valley for Wells Fargo Bank, has left the company.

Preview: Scooter Riders Look to Valley

The dockless electric scooters that have popped up in neighborhoods throughout the Westside and Central Los Angeles may soon come to the San Fernando Valley.

Preview: Dog Drug Theory

On Aug. 6, Immix announced that its drug Imx-110 had successfully brought a dog named Jerry into remission from late-stage lymphoma.

Calabasas Software Firm Acquired

Private equity firm Providence Strategic Growth has acquired a majority stake of ExakTime Inc., an employee attendance tracking software maker for the construction industry.

Construction Begins on Camarillo Conference Center

Construction has begun on the Mian Plaza and Conference Center of Camarillo across from the Camarillo Premium Outlets.

Tease photo

Business Events Calendar

Business Events throughout the Valleys.

Workers Strike at Providence Tarzana Medical Center

Hundreds of union-affiliated workers at Providence Tarzana Medical Center staged a one-day strike and a demonstration on Aug. 16 to protest what they described as unfair labor practices, including frequent shift cancellations and wages that lag behind the region’s rising cost of living.

Tease photo

Westfield Topanga Cited in City Report on Tax Breaks for Developers

Los Angeles City Controller Ron Galperin has concluded that the city needs to improve on evaluating and negotiating such deals in which the city awards tax breaks and incentives.

Tease photo

Rapper Opens Marijuana Dispensary in Sylmar

Hip hop artist B-Real of the group Cypress Hill opened a marijuana dispensary Wednesday in Sylmar.

CRC Stock Falls as Oil Prices Sink

Shares of California Resources Corp. dropped more than 10 percent on Wednesday as crude oil prices fell 3 percent to below $65 a barrel.

NoHo Multifamily Site Sells for $3.7 million

NAI Capital completed the sale of a 10,040 square-foot mixed-use development site in North Hollywood for $3.7 million (or $349 per square foot), according to the firm.

Tease photo

Homelessness a Huge Problem for Valley Businesses

The homelessness problem locally ranks as a 10 on a scale of 1 to 10, and the business community in the San Fernando Valley strongly supports the city’s proposal to put temporary homeless shelters in in each council district.

Report: Valley Hospitals Among Best in State

Several local hospitals were named among the best in the state on U.S. News & World Report’s Best Hospitals list for 2018-2019.

Tease photo

Delivery Service Axing Jobs

Golden State Overnight Delivery Service Inc. is laying off its entire staff of drivers from its Santa Clarita location this fall.

West Hills Hospital Appoints Chief Medical Officer

West Hills Hospital & Medical Center has appointed Dr. Yale Podnos as its new chief medical officer.

Chatsworth Warehouse Flipped for $28.5 Million

In a low-vacancy warehouse market fueled by e-commerce, a renovated 146,000-square-foot industrial property in Chatsworth has sold for $28.5 million.

Tease photo

Logix Sponsors Palliative Care Bears at Henry Mayo Hospital

Burbank-based Logix Federal Credit Union and Henry Mayo Newhall Hospital in Santa Clarita have partnered on a program for the children of parents who have passed away.

28-Unit NoHo Apartment Breaks Ground

Luxury residential builder FMB Development announced Monday that it will break ground on a new multifamily property at 11436 W. Hatteras St. in the heart of North Hollywood.

Former Deloitte Advisory CEO Joins BlackLine Board

BlackLine Inc. has named Owen Ryan to its board of directors effective this month to contribute his expertise on the company’s next phase of growth.

Salem Media Acquires Financial Publisher

Salem Media Group has acquired former financial analyst Hilary Kramer’s investment newsletters and websites, the Camarillo-based conservative and Christian media company announced Monday.