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Second Sight Stock Swings Up

Shares of Second Sight Medical Products Inc. made some major gains Tuesday, jumping more than 20 percent during trading hours before falling back to a nearly 18-percent gain by market close.

Westfield Corp. Acquired for $16 Billion

Westfield Corp., owner of the Westfield Topanga & the Village in Woodland Hills, was acquired by French commercial real estate firm Unibail-Rodamco for $16 billion, the companies announced Tuesday.

DineEquity Opens First Applebee’s in Panama

DineEquity Inc. opened its first Applebee’s Restaurant in Panama City on Dec 8.

Sienna Biopharmaceuticals Names Advisory Board Members

Leading medical minds from Harvard, Massachusetts General Hospital, the University of Miami and other major institutions will lend their expertise to Sienna Biopharmaceuticals Inc. as members of its newly established corporate advisory board.

Device from Small Biotech Gets Advanced by FDA

In what could be a breakthrough development for a small Valencia biotech, SetPoint Medical Corp. has received approval from the Food and Drug Administration to launch a pilot study on its main product.

MannKind Added to Nasdaq Biotech Index

The stock of MannKind Corp. – in danger of being delisted a year ago – got something of a vote of confidence Monday when it was announced the stock will be added to the Nasdaq Biotechnology Index effective Dec. 18.

Businesses Continue Helping with Fire Relief

Amgen and JP Morgan Chase & Co. are each donating $500,000 to support Southern California residents with wildfire relief.

Studio Rises in Sun Valley

DEVELOPMENT: Demand spurs plan for massive film complex.

Equipment rental company Line 204 plans large soundstage project to meet film demands.

Dance Hall For the Stars Opens Doors

Studio City rehearsal space starts classes for beginning hoofers.

Julz Tocker opens dance hall in Studio City to the public.

CSUN Alum’s Book Boosts Brain Power

Business owners learn to visualize company organization, products.

Cal State Northridge graduate pens book on unleashing the power of the brain.

Nanotech on Spec

Boeing invests in Gamma Alloys and its mixture of aluminum and ceramic with an eye toward using the material in aerospace manufacturing.

Gamma Alloys in Santa Clarita received funding from Boeing Co. for developing composite material using nanoparticles.

Entrepreneur Plays the Odds With Traffic Tickets

LAW: Offender pays Tikd, which then settles with the local court.

A Florida startup is making it easier for residents of Los Angeles County to pay and manage traffic tickets.

Hospital Partnership to Benefit Paralysis Patients

PROVIDERS: Foundation finds ambassadors to promote program in Antelope Valley.

Antelope Valley Hospital in Lancaster and the Triumph Foundation in Santa Clarita have partnered to offer newly paralyzed patients the support they need to transition to life after an immobilizing injury.

To Build Up or Out, That is the Question

CONSTRUCTION: Report posits mid-rise industrial could relieve shortage.

As industrial lease rates continue to rise and parcels of vacant land become smaller and harder to find, the Los Angeles and Orange County region could eventually see an increase in the development of multistory industrial facilities, according to a report from brokerage CBRE Inc.

Around the Valleys

News and notes from the greater San Fernando Valley


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An Artful Way to Boost an Economy

Boosting the local economy through support of the arts.

My Holiday Wish List

VICA President Stuart Waldman makes a wish list for the new year.

Execs Vexed By Harassment

Sex allegations prompt companies to re-examine workplace culture

Companies face the threat of sexual harassment claims, but human resources, public relations and legal experts offer advice.

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The Deal’s In The Details

With a sitting president whose signature book bears the title “Trump: The Art of the Deal,” it seemed that deal-making came naturally in 2017. From the glamor of an NFL team to the grittiness of a manufacturing plant, Valley businesses had a good year for closing transactions. On these pages, the Business Journal focuses on the people who made significant deals happen. They include taking a company public, a billion-dollar high-tech buyout, an acquisition of one public company by another and a defense industry takeover.

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