‘Seasoned Bandit’ Sentenced for Santa Clarita Bank Robberies

For a 2017 string of bank robberies in the Santa Clarita Valley and elsewhere, the man called the “Seasoned Bandit” by law enforcement was sentenced March 15 for allegedly stealing a combined $39,424 from 11 banks.

Toluca Lake Apartment Complex Breaks Ground

The city of Los Angeles has approved L.A. developer Frost/Chaddock to build a five-story multifamily residential complex in Toluca Lake with a total 96 residential units, including eight very-low-income apartments.

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Northridge Health Workers Ratify Union Contract

Fifteen thousand workers in California – including more than 700 in Northridge – have ratified a new contract with Dignity Health, according to Service Employees International Union – United Healthcare Workers West.

Radio Stations Owned by Bankrupt iHeartMedia Dominate L.A. Airwaves

The March 14 Chapter 11 bankruptcy filing of iHeartMedia could have a major long-term impact on the Los Angeles radio market.

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Business Events Calendar

Business Events throughout the Valleys.

Second Sight Names New Chairman

Sylmar medical device firm Second Sight Medical Products Inc. has appointed Gregg Williams, the company’s largest shareholder, as chairman of its board of directors.

Apartment Portfolio in Valley Sells for Nearly $23 Million

Universal Holdings in Century City has paid $22.7 million for a San Fernando Valley multifamily portfolio with a total of 123 units.

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Earnings: Qualstar, Interlink, Sienna Biopharmaceuticals

Qualstar Corp. shares jump 25 percent after the company reports fourth-quarter revenue gains.

Tax Benefits Boost Salem Media's Income

Salem Media Group Inc. reported a decrease in revenue but an enormous jump in net income because of tax reform.

Preview: Burger Spot Thinks Small

Encino restaurateur believes fast-foodies want variety on a bun.

Preview: Change on the Menu

Different cuisine, new locations, social media – they're part of the rebranding campaign at Applebee's.

New Dean at CSUN Business School

Chandra Subramaniam is the new dean of the Nazarian College of Business & Economics at California State University – Northridge.

SnapMD Software Snapped Up by University Telehealth Center

SnapMD has announced a partnership with the National Center for Telehealth at the University of Mississippi Medical Center for use of the company’s proprietary software.

Semtech's Quarter Sends Up Share Price

The share price of Semtech Corp. leapt Thursday, a day after the company reported beating Wall Street expectations on adjusted earnings and revenue.

MGA Entertainment Bids on Toys R Us Canada

MGA Entertainment Inc. and a group of affiliated investors have made a bid to acquire the operations of bankrupt Toys R Us in Canada.

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Santa Clarita Multifamily Sells for $21.7 Million

The 130-unit Stillmore Apartments in Santa Clarita has sold for $21.7 million, or $167,036 per unit, according to CoStar Group.

Teledyne Extends NASA Space Station Contract

A subsidiary of Teledyne Technologies Inc. received an extension of a contract with NASA to provide support services for the International Space Station.

Disney Restructures Consumer Products Operations

Walt Disney Co. has restructured its business units, including folding consumer products into its theme park business.

CSUN Names Mark Gottfried Men’s Basketball Coach

California State University – Northridge has hired Mark Gottfried as head coach of the Matador Men’s Basketball Team, the school announced Tuesday.

Bobrick Settles Bathroom Partition Lawsuit

Bobrick Washroom Equipment Inc. has settled a lawsuit with a competing bathroom manufacturer in a case over code compliant partitions.