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Warner Bros. Re-Ups Lease at Burbank’s Studio Plaza

Warner Bros. has renewed its 456,000-square-foot lease at Studio Plaza in the Burbank Media District, according to Real Deal.

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Profits Rise for Mission Valley Bank

Mission Valley Bancorp reported first quarter net income of more than $1.3 million, the strongest first quarter in the company’s history, the Sun Valley commercial bank announced Tuesday.

Capstone Adds Seat to Boardroom

Capstone Turbine Corp. has appointed Robert Flexon, a veteran energy industry executive, to its board of directors.

Amgen Starts Year With Strong Earnings

Amgen Inc. beat Wall Street expectations for earnings and revenue in its first fiscal quarter.

Business Events Calendar

Business Events throughout the Valleys.

VICA Opposes Rent Control Initiative

Valley Industry & Commerce Association has voiced its opposition to the repeal of the Costa-Hawkins Rental Housing Act, which would remove rent control exemptions for new developments.

Samsung Debuts LED Movie Screen in Chatsworth

Samsung introduced over the weekend the first LED movie screen in the United States at Pacific Theatres Winnetka in Chatsworth.

Hiring Plan for Xavient Digital

Xavient Digital plans to hire 250 employees in California and the Northeast U.S., the company announced Monday.

Certified Thermoplastics Acquired for $30.5 Million

Certified Thermoplastics in Santa Clarita was acquired Monday by Ducommun Inc. for $30.5 million.

Princess Cruises Shakes Up Leadership Team

The Santa Clarita company has promoted seven executives to new positions and hired a new vice president, the company announced Friday.

LAX Buys BYD Buses for Up to $23.7 Million

Chinese-owned manufacturer BYD of Lancaster has won the contract to create 20 articulated electric buses for Los Angeles International Airport, according to the airport’s parent entity Los Angeles World Airports.

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L.A. County Unemployment Holds Steady

L.A. County’s economy continued to coast near full employment in March as the unemployment rate held steady at 4.5 percent for the third straight month and local employers added a relatively small 13,000 jobs, according to state figures released April 20.

Great American to Liquidate Bon-Ton Stores

Liquidation firm Great American Group has partnered with Tiger Capital Group sell off the inventory of 212 locations of Bon-Ton Stores Inc.

More Than 180 Veterans Attend Job Fair

The California Employment Development Department hosted its “Honor a Hero, Hire a Vet” job fair in Canoga Park on Thursday aimed at helping Valley-area military veterans find jobs with local employers.

Restructuring Firm Omni Management Acquired

In a combination of restructuring firms, L.A.-based Beilinson Advisory Group has purchased Omni Management Group in Woodland Hills, the companies announced Thursday.

Pot Banking Bill Passes Committee Vote

A State Senate committee approved a bill Wednesday to allow cannabis business owners to start a limited charter bank in California.

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Panoptic Proposes 154-Unit Warner Center Project

Panoptic Development has unveiled its proposed mixed-use project near Warner Center’s Orange Line, as reported by Urbanize.LA.

Nordstrom to Open New Store in Santa Clarita

Nordstrom Inc. is set to open a new off-price retail store Thursday at the Promenade at Town Center shopping center in Santa Clarita.

Reports: Toys R Us Rejects Larian’s Bid for Stores

Toys R Us has rejected MGA Entertainment Inc. Chief Executive Isaac Larian’s $890 million dollar bid to acquire some of the bankrupt retailer’s stores in the U.S. and Canada, according to media reports.

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Sun Valley Movie Studio Wins Court Approval

Production rental company Line 204 won approval from the 2nd District Court of Appeals to break ground on the largest movie studio complex to be built in Los Angeles in nearly three decades.

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