SFV BUSINESS JOURNAL DAILY NEWS
ServiceTitan to Make Announcement – at Former Nestle Building
Glendale-based ServiceTitan has scheduled a press conference Monday morning to discuss its growth, and the announcement hints that the company could move into the long-vacant space at the former Nestle USA headquarters in downtown Glendale.
Rex Home Brokerage Expands on East Coast
Digital real estate brokerage Rex is expanding its service to Philadelphia, southern New Jersey and, soon, Delaware.
Los Robles Hospital Buys Surgery Robot
Los Robles Hospital and Medical Center has spent $1 million to purchase a Stryker Mako Robotic-Arm for its Thousand Oaks Surgical Hospital.
Bedfellows Building in Studio City Sold
A Studio City retail building located at 12250 Ventura Blvd. that was most recently home to the mattress business Bedfellows has sold for an undisclosed price.
Dyve Study Finds Relief for Gout Pain
Dyve Bioscience reported positive results for a study to reduce pain associated with gout.
Semtech Creates Circuit for Radio-Enabled Hearing Aid
Semtech Corp. has partnered with Swiss hearing aid manufacturer Sonova Holding AG on a new device that uses the company’s long-range, low-power technology.
Tudor Office Building Sells for $5.4 Million
The Tudor office building in Woodland Hills has sold for $5.4 million, or $228.68 per square foot.
Business Events Calendar
Business Events throughout the Valleys.
Three People Injured in Canoga Park Industrial Explosion
Three people were injured after an explosion rocked a Canoga Park industrial area Wednesday that collapsed part of the building’s roof and tore through three units.
Endonovo and SunMed Partner on Medical Device Distribution
Woodland Hills’ Endonovo Therapeutics has partnered with SunMed, a medical equipment distributor and claims company in Valencia, to distribute medical devices.
Cinedigm Shares Gain on Chinese Movie Deal
Shares of Cinedigm Corp. gained more than 5 percent Wednesday in the next trading session after the company announced a deal to distribute Chinese movies.
Disney Closes $71 Billion Fox Acquisition
Walt Disney Co. on Wednesday closed on its $71.3 billion acquisition of the media assets of 21st Century Fox.
Valley Home Sales Reach Record Low as Prices Fall
The number of homes sold last month in the San Fernando Valley reached a record low for February, even as inventory expanded and prices softened, according to a report from the Southland Regional Association of Realtors.
Teledyne Subsidiary Secures F-35 Contract
A business unit of Teledyne Technologies Inc. has received a contract of more than $20 million to continue its support of the F-35 Lightning II fighter aircraft.
Former Amazon, Microsoft Exec Joins BlackLine Board
A former Amazon.com Inc. and Microsoft Corp. executive will join the board of BlackLine Inc.
Salem Media Acquires PJ Media
Salem Media Group announced Tuesday the acquisition of PJ Media.
Funrise Launches Toy Line Based on ‘Wonder Park’ Movie
Funrise Inc. has acquired the rights to design, manufacture and distribute toys based on “Wonder Park,” a film by Paramount Animation and Nickelodeon Movies.
Bank of America to Hire 300 Bankers in Greater L.A. Region
Bank of America of the Greater Los Angeles Region plans to hire as many 300 bankers across all of its business lines over the next three years, according to the bank’s top executive in the region.
Nurses Ratify Contract with Pacifica Hospital
After months of negotiations and a near strike earlier this month, the nurses of SEIU Local 121 RN have ratified their contract with Pacifica Hospital of the Valley on Monday.
Warner Bros. Entertainment CEO Steps Down
Kevin Tsujihara is stepping down as chief executive of Warner Bros. Entertainment, according to media reports.
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