Joel Russell is editor of the Business Journal and is responsible for the content of the publication.
Phone: 818-316-3125 Extension: 116
American Homes 4 Rent has named Tamara Hughes Gustavson as chairwoman of its board of trustees, the company announced Thursday.
California State Treasurer Fiona Ma has awarded Northrop Grumman Corp. a $17.7 sales tax exclusion for the purchase of new equipment to expand and upgrade its aerospace manufacturing factory in Palmdale.
To further expand its business in the five-county Los Angeles commercial real estate market, Colliers International has appointed a new executive to oversee seven offices, including three in the greater Valley region.
BNK Petroleum Inc. has started “a formal process to identify and evaluate strategic options,” including a possible sale or merger of the company.
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.
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.
RESTAURANTS: Share price jumps on strong fourth quarter revenue growth.
Dine Brands sees strong fourth quarter.
Princess Cruises launched its first advertising campaign written and produced specifically for Asia and emerging markets on Wednesday.
Sienna Biopharmaceuticals Inc.’s announcement that it will conduct a secondary stock offering this week to raise $20 million sent shares down 18 percent on Wednesday.
A joint venture between Tutor Perini Corp. and O&G Industries Inc. has received a notice of intent to award a $1.4 billion contract for the construction on Metro’s Purple Line Extension in Westwood.
A report from Calabasas-based brokerage Marcus & Millichap Inc. estimates the average rent for an apartment in Los Angeles is $2,350
PennyMac Mortgage Investment Trust plans to raise capital by 7 million of its shares, the company announced Monday.
Restaurant adapts a fast-casual format to stuffy sector.
Relaxed approach to serving steak.
Amgen Inc. announced fourth quarter results that beat Wall Street expectations on Tuesday.
Simi Valley Chamber of Commerce has selected Kathi Van Etten as the chamber’s new president and chief executive.
Rex, a Woodland Hills company that uses technology to sell homes, has secured $45 million in Series C funding.
What Woodland Hills companies pay for internet services
What Woodland Hills companies pay for internet services
Limoneira Co. had total revenue of $129 million last year, a record for the company.
Robert Iger, the chief executive of Walt Disney Co., took home more than $65 million in compensation last year, according to the Burbank media and entertainment company filings with the Securities and Exchange Commission on Friday.
Capstone Turbine Corp. received a third follow-on order for a microturbine from a company with natural gas operations in the Mid-Atlantic region.
A subsidiary of Tutor Perini Corp. has won a contract worth $88 million to build a parking structure at the Charleston International Airport in South Carolina.
BlackLine Inc. has hired technology executive Yoshiko Furuhama as country manager for BlackLine K.K., the company's recently established subsidiary in Japan.
The investment side has become much more of a commodity.
Morton Capital lost its founder, the late Lon Morton, in April 2017.
Financial service professionals seek alternative investments and special services to separate themselves from the competition.
Professional firms find ways to differentiate.
Endonovo Therapeutics Inc. has signed an agreement with Azure Capital to sell up to $10 million of its common stock.
Shares of Atara Biotherapeutics Inc. fell nearly 20 percent after the company announced it is looking for a new leader as its current chief executive prepares to step down.
Public Storage announced Thursday that Joe Russell and Tom Boyle will become chief executive officer and chief financial officer, respectively, at the Glendale company on Jan. 1.
Sen. Robert Hertzberg of Van Nuys will become majority leader of the California Senate.
A subsidiary of Tutor Perini Corp. has won a contract worth $104 million from the U.S. Air Force to design and construct facilities for the Royal Saudi Air Force, the company announced Tuesday.
Cherokee Global Brands reported a profit during its third fiscal quarter despite lower revenues.
Muse Global, a school in Calabasas co-founded by filmmaker James Cameron, his wife Suzy Amis Cameron and her sister Rebecca Amis, has entered the franchise market to expand its educational format in the U.S. and internationally.
In April, California Resources Corp. purchased portions of the Elk Hills oil field from Chevron Corp. for $460 million and 2.85 million shares of the company’s stock.
M&A fever finds fertile conditions in the Valley region.
2018’s largest transactions in the Valley area.
Thousand Oaks is the No. 12 most affordable city in California to buy a used vehicle this fall, according to a study by Autolist.com, a website for car sellers.
HemaCare Corp. officially opened it new Northridge headquarters Thursday.
A range of companies headquartered in the greater Valley region suffered falling stock prices Tuesday, pulled down by a market that saw the Dow Jones Industrial Index lose nearly 800 points.
Hospital Corp. of America has named Mark Miller the new chief executive of West Hills Hospital & Medical Center, the company announced Monday.
Where in Valley are the most Airbnb rentals?
How many of your neighbors are renting rooms through Airbnb Inc.? A study earlier this year by the Los Angeles County Economic Development Corp. looked at Airbnb’s impact using data provided by the company. LAEDC reported that the short-term rental app generated nearly $906 million in economic activity in the city of Los Angeles in 2016.
Dignity Health has named Paul Watkins as president of the nonprofit’s Northridge Hospital Medical Center.
Savvy companies find ways to scale up in slow-rising economy
The entrepreneurial dream of running a business with skyrocketing revenue has come true for the managers at the 50 Fastest Growing Private Companies in the San Fernando Valley region.
Of the 4.59 million workers in Los Angeles County, 3.67 million drive to work alone, while another 448,750 carpool.
Tejon Ranch Co. and Majestic Realty Co. have formed a new joint venture to construct a 580,000-square-foot industrial facility.
Mission Valley Bancorp reported earnings of just $18,000 for the third quarter, impacted by a $1 million loan write down, the company announced Friday.