Business Events Calendar

Business Events throughout the Valleys.

Groundbreaking for $92 Million NoHo Water Treatment Plant

L.A. Mayor Eric Garcetti broke ground Wednesday at the North Hollywood West Groundwater Treatment Project, a plant to restore the use of groundwater for drinking in the San Fernando Valley.

Santa Clarita Leader Confident in Amazon’s L.A. Selection

Los Angeles made Amazon’s short list of potential sites for its second headquarters on Thursday, leaving Holly Schroeder, chief executive of the Santa Clarita Valley Economic Development Corp., feels confident about L.A.’s prospects.

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Cinedigm to Distribute Insurrection Projects in North America

Cinedigm Corp. has made a deal with Insurrection Entertainment to distribute the independent production house’s content in North America, the company announced on Wednesday.

‘Hero Hire’ Job Fair Set for Feb. 15

The Valley Economic Alliance has announced its annual job fair for veterans will be held at the Los Angeles Valley College on Feb. 15.

Movie Mogul Lists Whopping $85 Million Thousand Oaks Home

Film producer Thomas Tull and his wife Alba Tull have listed their 33-acre compound in Thousand Oaks’ North Ranch community for a whopping $85 million.

CRC’s Stock Jumps, Thanks to Oil Prices

The stock of California Resources Corp. continued a three-day climb on Wednesday, rising nearly 8 percent during trading hours to its highest price in two years.

B. Riley Acquires Stake in Bebe Stores

B. Riley Financial Inc. has acquired 29 percent of Bebe Stores Inc. for $16.9 million, the company announced Tuesday.

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Stubbs Alderton Hires Litigation Partner

Stubbs Alderton & Markiles, the business law firm in Sherman Oaks, has hired Dan Rozansky to join its business litigation practice as a partner.

Report: Layoffs at Southern California News Group

Southern California News Group, which includes the Los Angeles Daily News, San Gabriel Valley Tribune and other newspapers, will reportedly face significant layoffs in coming months.

Disney Drops Iger’s Compensation by $7.6 Million

Robert Iger, the chief executive of Walt Disney Co., took home nearly $36.3 million last year, or $7.6 million less than he earned the previous year.

Dole Food Cancels Proposed IPO

Dole Food Co. has called off its proposed public offering after talks to sell the company to a Belgium firm broke down.

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Sylmar Sam’s Club to Close

Soon, San Fernando Valley shoppers will have one less Sam’s Club store to choose from.

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Atara Shares Soar on FDA Approval

Atara Biotherapeutics Inc. capped off a strong week with a soaring stock price on Friday, when shares of the biopharmaceutical firm rose nearly 30 percent to a two-year high.

Penthouse Files for Bankruptcy

Penthouse Global Media has filed for Chapter 11 bankruptcy reorganization to address its debt and other financial issues.

PennyMac Enters Broker Direct Market

PennyMac Financial Services Inc. will offer mortgage brokers access to its Power platform, the company announced Friday.

Studio City to Host IMDb Show

Entertainment industry website IMDb.com has launched its first-ever weekly news show through its site and mobile apps.

Utilities Commission Postpones Vote on Gas Hookups

The California Public Utilities Commission on Wednesday postponed a planned vote on Thursday for a moratorium on new natural gas connections for businesses and commercial properties throughout most of Los Angeles County.

Hasserjian Joins NAI Capital as Property Management Chief

Eric Hasserjian has joined NAI Capital Management, the property management arm of brokerage NAI Capital Inc. in Encino, as the division’s chief executive.

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Interlink Rehires Chief Financial Officer

Interlink Electronics Inc. announced that David Burnett has rejoined the company as chief financial officer.