Joel Russell is editor of the Business Journal and is responsible for the content of the publication.
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Los Angeles City Council approved proposed rules for a sidewalk vending program on Tuesday.
Amgen Inc. said a new study showed its drug Aimovig is an effective preventive treatment migraine patients who have tried other treatments that either didn’t work or had intolerable side effects, the company announced Tuesday.
Shares of Simulations Plus Inc. rose more than 6 percent Tuesday after the company reported results for its second fiscal quarter.
Limoneira Co. has formed Grupo Argentino, a cooperative arrangement between the company and leading citrus packers in Argentina, the company announced Tuesday.
AeroVironment Inc. has conducted a maritime demonstration of the automated sensor-to-shooter function for its Puma and Switchblade drones from a U.S. Navy ship, the company announced Monday.
The Oaks Club at Valencia is the new name for the golf course formerly known as the Tournament Players Club Valencia.
Shares of MannKind Corp. fell nearly 25 percent Friday, after the company announced a $28 million stock offering.
Apollo Medical Holdings Inc. has announced its fiscal year results, but the financial numbers only reflect 23 days’ of the company’s performance.
13% Increase in passengers at Hollywood Burbank Airport
Hollywood Burbank Airport reported an airline passenger count of 370,230 in January, a 13 percent increase compared to the same month a year ago.
A Glendale man who ran the music sharing site Sharebeast.com was sentenced to prison Thursday for criminal copyright infringement, the Justice Department has announced.
Sienna Biopharmaceuticals Inc. has hired John Smither as chief financial officer, returning him to a position he previously held.
Fifteen thousand workers in California – including more than 700 in Northridge – have ratified a new contract with Dignity Health, according to Service Employees International Union – United Healthcare Workers West.
Qualstar Corp. shares jump 25 percent after the company reports fourth-quarter revenue gains.
Salem Media Group Inc. reported a decrease in revenue but an enormous jump in net income because of tax reform.
MannKind Corp. has restructured its debt, reducing its outstanding principal by $14.5 million through equity swaps, the company announced Monday.
West Coast Customs will feature the customized Lexus from the movie “Black Panther” at the DUB Custom Car Show in Los Angeles this weekend.
Marcus & Millichap reports higher annual revenues, while Limoniera benefits from tax reform.
PS Business Parks Inc. has sold the Corporate Pointe Business Park in Orange County.
Acquisitions set the stage for B. Riley Financial Inc. to deliver an 18 percent increase in the fourth quarter, the company announced Wednesday.
Richard Lie is the new president and chief executive of Los Angeles Federal Credit Union, the organization’s board announced Monday.
PennyMac Financial Services Inc. has named Anne McCallion, the company’s chief enterprise operations officer, to its board of directors, the company announced Tuesday.
B. Riley Financial Inc. has named Chuck Hastings as director of wealth management strategic initiatives, the company announced Friday.
California Resources Corp. had fourth-quarter losses below what Wall Street analysts expected, the company announced Monday.
American Homes 4 Rent increased its revenue for the fourth quarter and full year, the company announced Thursday.
B. Riley FBR, an investment bank and subsidiary of B. Riley Financial Inc. in Woodland Hills, has hired Daniel Leland as head of Fixed Income Capital Markets, the company announced Thursday.
Business accounting firm Sadd Velazquez Higashi Shammaa LLP has changed its name to the Accountancy, the Glendale company announced Wednesday.
9.8% Apartment rent increase in Lancaster last year
Why are rents going up in Lancaster? Look at who’s hiring.
Technology from Semtech Corp. is part of a new system by WaterBit for precision irrigation in agriculture, the company announced Tuesday.
Shares of PennyMac Financial Services Inc. moved higher Friday, one day after the company reported fourth-quarter and full-year results.
California Resources Corp. has entered into a joint venture to own the Elk Hills power plant near Bakersfield.
Mission Valley Bancorp reported net earnings of $3.55 million ($1.07 per share), the highest profits in the history of the Sun Valley bank.
Capstone Turbine Corp. reported a small net loss on Monday for the third fiscal quarter that beat analyst expectations.
The Dow Jones Industrial Average experienced its largest ever one-day decline Monday, taking down Valley company stocks in the process.
The 5,100-square foot medical office building at 15450 Ventura Blvd. in Sherman Oaks has sold for $3.8 million, according to Calabasas brokerage Marcus & Millichap.
Broker Jeff Puffer has taken over ownership of Delphi Business Properties Inc. and assumed the role of chief executive, the company announced Friday.
A subsidiary of B. Riley Financial Inc. in Woodland Hills has served as sole underwriter and book-running manager of a $125 million offering from Gordon Pointe Acquisition Corp., the company announced Thursday.
The Madison at Town Center, a 130-unit multifamily development in Valencia, sold for $45.9 million, or more than $350,000 per unit, according to Calabasas brokerage Marcus & Millichap Inc.
William E. Hughes, head of Marcus & Millichap Capital Corp., will retire, parent company Marcus & Millichap Inc. announced Monday.
Eclipse Berry Farms has filed for bankruptcy, joining a growing list of Ventura County strawberry operators facing difficulties.
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.
Stubbs Alderton & Markiles, the business law firm in Sherman Oaks, has hired Dan Rozansky to join its business litigation practice as a partner.
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 Co. has called off its proposed public offering after talks to sell the company to a Belgium firm broke down.
PennyMac Financial Services Inc. will offer mortgage brokers access to its Power platform, the company announced Friday.
Endonovo Therapeutics Inc. has engaged a company to monitor trading of its shares, the company announced Thursday.