Latest stories
Is This Time to Open a Party Store? Yes, Says Owner
While the pandemic may not seem a good time to open any retail outlet – especially a party supply store when large gatherings are essentially banned – just such a shop has opened at the Commons at Calabasas shopping center. The store held its grand opening last weekend.
Preview: Sudden Support
A Black-owned restaurant in the Antelope Valley has seen business pick up recently — but with a changed customer base.
Preview: Pandemic Problems
The coronavirus pandemic has been hard on one of the Valley area’s most vital sectors: manufacturing.
Residential Landlords Plan Protest Saturday
Small property owners plan to demonstrate Saturday in downtown Los Angeles, according to a Real Deal report.
Lake Fire Spreads, Moving Northeast
The Lake Hughes fire continued to spread in the Antelope Valley Friday, covering upwards of 11,600 acres and encroaching on 5,000-plus homes in Lancaster.
Cannabis Lab Among Local Firms on Inc. 5000 List
Inc. Magazine has selected Van Nuys cannabis testing laboratory CannaSafe as a top 15 firm on its 2020 Inc. 5000 list, an annual compilation of the nation’s fastest-growing private companies.
Thousands of Buildings Threatened as Lake Fire Rages Uncontained
Three structures in the Antelope Valley have been destroyed and more than 5,000 more are threatened by a fire that broke out near Lake Hughes on Wednesday afternoon.
Business Events Calendar
Business Events throughout the Valleys.
Arcutis Biotherapeutics Misses Estimates, But Shares Close 6 Percent Higher
Arcutis Biotherapeutics late Tuesday missed analyst expectations for earnings per share by 11 cents in the second financial quarter, but shares moved higher nonetheless.
FBI Arrests La Cañada Flintridge Money Manager
Brendan Ross, founder of La Cañada Flintridge-based investment advisor Direct Lending Investments, has been arrested by the FBI on fraud charges. The Department of Justice alleges that Ross defrauded investors of millions of dollars by falsely inflating the value of funds he managed.
ViacomCBS’ Sumner Redstone Dies at 97
Hollywood mogul and ViacomCBS Inc. Chairman Emeritus Sumner Redstone died Tuesday after a lengthy illness, according to the Redstone family’s private holding company National Amusements.
John J. Kennedy Joins Airport Authority
John J. Kennedy has joined the Burbank-Glendale-Pasadena Airport Authority, replacing Pasadena Mayor Terry Tornek, who stepped down on July 20.
24-Unit Encino Apartment Building Sells for $15 Million
The 24-unit White Oak Regency apartments at 5143 White Oak Ave. in Encino has sold for $15.36 million, or roughly $640,000 per unit.
WarnerMedia Dismisses 600, Including Execs
WarnerMedia started layoffs this week with a heavy focus at Warner Bros. Entertainment, according to media reports.
Valley Firm Develops COVID Test for Transplant Patients
One Lambda, a West Hills subsidiary of Thermo Fisher Scientific of Massachusetts, has developed a new COVID-19 test specifically for organ transplant candidates and recipients.
Whistle App Inks Deal with Four Sisters Inns
Whistle Messaging Inc., a Westlake Village software startup that helps hotels communicate with guests, has signed up boutique hotel group Four Sisters Inns as a client.
Woodland Hills Post Office Moving Again
After several years at the Westfield Promenade shopping center, the Woodland Hills Post Office will be moving to 21200 Oxnard Street.
North Hollywood to See 18 New Contemporary Units
An 18-unit apartment building has been proposed for North Hollywood.
Cinedigm Adds Painter Bob Ross
Cinedigm Corp. announced Monday it would make “The Bob Ross Channel” available on the XUMO streaming television service.
Battle Brewing Over 120-Year-Old Camarillo Farmhouse
A pair of conservation groups have moved to save a 120-year-old Scholle farmhouse in Camarillo that is slated to be razed for the final element of a mixed-use project currently in development, according to a Camarillo Acorn report.
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