San Fernando Valley Business Journal

Antelope Valley Union Settlement Costs Boeing $47 Million

More than 400 current and former employees of Boeing Co. in the Antelope Valley will receive $47 million as a settlement for not being covered by union representation.

Ixia to Re-Release Quarterly Financials

After identifying various accounting errors, Ixia intends to reissue financial results for two quarters last year, with the expectation of reductions in revenue and profit.

Amgen Heart Drug Wins Fast-Track Status

The U.S. Food and Drug Administration has granted fast-track designation for ivabradine, a heart drug licensed for sale by Amgen Inc.

County Payrolls Grow by Nearly 19,000 Jobs

Employers in Los Angeles County added nearly 19,000 jobs in March, led by a rebound in local government.

Business Events Calendar -- Week of April 14

Business Events throughout the Valleys.

Target Breach Hits Cherokee Sales

Cherokee Inc. reported a dip in income in its fiscal fourth quarter Thursday, partially attributed to the data breach at its retail partner Target Corp.

Board of Equalization Opens in Santa Clarita

The California Board of Equalization opened its new Santa Clarita regional center for businesses on Thursday.

Briefs: Home Prices, Kahn Media

Southern California home sales. Kahn Media scores tire client.

Congressman Calls for Sriracha

U.S. Rep. Tony Cardenas wrote an open letter Wednesday to Sriracha-sauce maker Huy Fong Foods Inc. to consider relocating to the San Fernando Valley.

Dee Dee Myers Joins Warner Bros.

Political analyst and former Clinton White House press secretary Dee Dee Myers has been named as the head of worldwide corporate communications at Warner Bros., the company announced Wednesday.

Northridge Apartment Secures Refi

A 447-unit apartment complex in Northridge has secured a new $32 million loan.

Anywind to Open Headquarters in Palmdale

A South Korean energy company announced Tuesday it will open the headquarters of its wind energy division in Palmdale.

On-Location Filming Holds Steady

On-location production remained flat in the first quarter despite evidence that the state’s tax credit program is keeping more production in the Los Angeles region

Valley Businesswoman Gets Prison for Medicare Fraud

A San Fernando Valley businesswoman has been sentenced to nearly seven years in prison for defrauding Medicare of almost $10 million, according to the U.S. Attorney’s Office in Los Angeles.

Disney Completes Maker Deal

The board of directors and shareholders of Maker Studios have approved its acquisition by Walt Disney Co. despite a counter-offer made public Monday for the Culver City media company.

Briefs: KCETLink, Cherokee

KCETLink names directors. Cherokee announces dividend.

NoHo Boutique Gets Zoning OK

A proposed boutique hotel near the NoHo Arts District in North Hollywood has been given final discretionary approval.

Burbank Hospital Completes MRI Test

Providence Saint Joseph Medical Center announced it is the first hospital in the nation to conduct an MRI scan of a patient with a new MRI-compatible heart pacemaker.

Briefs: Disney, Film Festival

Disney faces disability access lawsuit. North Hollywood film festival kicks off.

Injunction Sought to Halt Disney Acquisition

Former officers with Maker Studio Inc. are seeking a court order to stop a shareholder vote on the company’s $500 million acquisition by Walt Disney Co.

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