The Valley Economic Development Center Tuesday afternoon filed for Chapter 11 bankruptcy, throwing into doubt the future of one of the Valley area’s most prominent lenders to small and disadvantaged businesses.
The Los Angeles County Federation of Labor on Monday endorsed a potential strike by supermarket workers, which could include picket lines and boycotts.
Oakmont Senior Living held an open house at its new Valencia location on Friday to introduce care options to prospective customers in preparation for an official opening on July 13.
The San Fernando Valley Business Journal won both national and local accolades for its editorial and design quality over the weekend.
A proposed project in North Hills filed June 27 with Los Angeles Department of City Planning would bring 54 units to the neighborhood, per an Urbanize.LA report.
A pair of apartment buildings at 5919 and 5931 Reseda Blvd. in Tarzana totaling 112 units has sold for $25.8 million.
Four rocket engines originally designed for the Space Shuttle have been delivered to Michoud Assembly Facility near New Orleans to be attached to the core stage of the Space Launch System, NASA’s next generation heavy-lift rocket that will take astronauts on missions into deep space, potentially even to Mars.
The European Medicines Agency issued a negative opinion for Amgen Inc.’s Evenity, a drug to treat osteoporosis, according to a statement issued by the company on Friday.
Medtronic’s insulin pump product, MiniMed 508 Paradigm, has been recalled after the pumps exhibited potential cyber security risks, according to a statement issued from the Food and Drug Administration on Thursday.
Walt Disney Co.’s directors on Wednesday announced they had approved a dividend of 88 cents a share, unchanged from the previous one.
The Ronald Reagan Presidential Foundation and Institute in Simi Valley on Tuesday announced the winners of the 2019 GE-Reagan Foundation Scholarship Program in partnership with Boston conglomerate General Electric.
A 19-unit multifamily property in Glendale has sold for $7.6 million, according to brokerage CBRE Group Inc.
Semtech Corp.’s seventh annual charity golf tournament raised more than $108,000 in donations for Ventura County nonprofits.
Amgen Inc., with the help of San Francisco-based MBC BioLabs, has awarded the Amgen Golden Ticket to two biotherapeutic companies.
Cherokee Global Brands announced Tuesday that it will change its name to Apex Global Brands, effective tomorrow.
Ferrara Candy Co. is closing its downtown Glendale offices, resulting in layoffs for some of the 88 employees working there.
AeroVironment Inc. matched Wall Street estimates on earnings and beat on revenue for the fiscal fourth quarter.
Amgen Inc. and the University of Washington’s Institute for Protein Design have announced a partnership to develop protein-building research projects for new medicines.
Talaria at Burbank, the new apartment complex from Cusumano Real Estate Group, has won the Grand Award winner at the 2019 Gold Nugget Awards.
L.A. County’s unemployment rate dipped slightly last month to 4.5 percent.