San Fernando Valley Business Journal

CSUN Receives Largest Grant Ever

Cal State Northridge received on Wednesday a $22 million grant to promote diversity in the nation’s biomedical workforce – the largest single grant the school has received.

Board Seeks Brown's Help in Kinkisharyo Dispute

The governing board of the Antelope Valley Air Quality Management District is asking that Gov. Jerry Brown intervene in a dispute threatening Kinkiharyo International from opening a rail car factory in Palmdale.

Customs Service Returns to Van Nuys Airport

Van Nuys Airport announced Wednesday it will begin offering customs clearance and inspection services next year.

Dairy Costs Hurt Cheesecake

Cheesecake Factory Inc. reported net income on Wednesday that missed analyst estimates, blaming sharply rising dairy costs for cutting into profits.

Agoura Hills Firm Gets $13 Million

Tipalti, an Agoura Hills firm that offers automated cloud payout services, announced on Wednesday it has received $13 million in a funding round led by Wicklow Capital.

USC Makes Strategic Alliance for Glendale Clinic

USC’s medical system announced on Wednesday that it has formed a strategic alliance with Surgical Care Affiliates Inc. to manage surgery centers in the Los Angeles region, including one in Glendale.

Briefs: Minimum Wage, Fireman's Brew

City Council seeks study on minimum wage increase; Fireman's Brew announces private stock offering.

Business Events Calendar

Business Events throughout the Valleys.

Amgen Rises on Investor Call for Breakup

Shares of Amgen Inc. jumped nearly 5 percent Tuesday on heavy volume as billionaire hedge fund manager Dan Loeb disclosed he had upped his stake in the company and called for its breakup.

TV Production Surges, Film Declines

On-location television production continued to show strong growth in the third quarter but feature film production continued to decline, according to figures released by FilmL.A. on Tuesday.

WB Creates Short-Form Production House

Warner Bros. Entertainment announced on Tuesday the formation of Blue Ribbon Content, a production unit for short-form, live-action content.

L.A. Times Relaunches 'California' Section

The Los Angeles Times is bringing back its California section after a five-year hiatus, the Times announced Monday.

Update: Kinkisharyo Delivers Rail Car Amid Dispute

Kinkisharyo International has delivered its first Los Angeles rail car amid calls for the governor to step in and resolve a dispute that has threatened the opening of a company factory in the Antelope Valley.

Hold Lifted on Adult Filming

A six-day hold on adult film production was lifted Monday after tests concluded the performer pool had not been infected with the HIV virus.

IPC Expands With Pennsylvania Acquisition

IPC The Hospitalist Co. Inc. has purchased Comprehensive Health Solutions in suburban Philadelphia, the company announced on Monday.

Amgen Assisting in Ebola Treatment

Amgen Inc. is teaming with the Bill & Melinda Gates Foundation to develop a faster production method for Zmapp, an experimental ebola treatment, according to the company.

Valley Firms Receive VC Funding

Companies in greater Los Angeles raised $436 million in third-quarter venture capital funding, a 33 percent increase from the same period last year, according to the latest Money Tree Report.

Unemployment Drops as Teachers Return to School

L.A.’s unemployment rate dipped to 8 percent last month as the county gained 28,000 jobs, mostly from teachers returning to schools after summer vacation, according to state figures released Friday.

Phillips to Lead Valley Alliance

A long-time executive of the Valley Economic Alliance has been named as the group’s new chief.

Amgen Sues Over Cholesterol Drug Patent

Amgen Inc. announced on Friday it has filed a lawsuit against two pharmaceutical companies for patent infringement on an experimental anti-cholesterol drug.

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