SFV BUSINESS JOURNAL DAILY NEWS

Chairman Succession at AeroVironment

Tim Conver will retire as chairman of the AeroVironment Inc. board effective at its annual shareholders meeting.

‘Conejo Cash’ Program to Promote Hotel Stays

Visit Conejo Valley, the tourism marketing association for Agoura Hills and Thousand Oaks, is sponsoring a program called “Conejo Cash” to give eligible visitors at participating hotels a $100 Visa gift card.

DreamWorks’ Glendale Campus to List for $350 Million

The Glendale campus of DreamWorks Animation is up for sale.

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Business Events Calendar

Business Events throughout the Valleys.

Limoneira Sells Additional Home Lots at Harvest Project

Limoneira Co. has sold 60 new housing lots at its Harvest at Limoneira residential project, which now has 524 unit sales.

Applebee’s Aims to Hire 10,000 People in One-Day Event

The chain restaurant Applebee’s hopes to hire 10,000 people in a single day.

Sherman Oaks Residential Complex Sells for $600,000 Per Unit

An 18-unit Sherman Oaks multifamily property has sold for $10.8 million, or $600,000 per unit.

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Preview: Post-COVID Hospitals — How the virus will transform health care

The health care special report in the May 10 issue features experts from Kaiser Permanente, UCLA and more on the industry’s future, as shaped by COVID-19.

Preview: Special Report — Asian Entrepreneurs Month

The May 10 issue of the Business Journal features small profiles of local Asian entrepreneurs — from an opera conductor at the Alex Theatre to a microbrewer in Glendale creating beer made with purple yams.

Doctor Charged With Medicare Fraud

A Porter Ranch physician was indicted Thursday on charges related to an alleged $6 million Medicare fraud scheme, according to the Justice Department.

Amgen Adopts Permanent Remote Work Policy

Newbury Park-based pharmaceuticals company Amgen will make working from home a permanent policy for much of its international workforce, including locally.

Huge Expansion for Needham Ranch Tenant

DrinkPak, which last November signed a seven-year, 172,324-square-foot lease at The Center at Needham Ranch, already is more than tripling its space – expanding by 400,095 square feet at the Santa Clarita industrial park.

Earnings Roundup: PennyMac Financial, BlackLine, Salem Media, Velocity Financial

PennyMac Financial Services Inc. fell short of Wall Street expectations on earnings and revenue in the first quarter.

Van Nuys’ Jet Edge Partners with Montage Hotels

Jet Edge International announced a new partnership with Montage International, an ultra-luxury hospitality management company.

Amgen’s Otezla May Be Approved for Broader Use

Amgen Inc. on Wednesday said its psoriasis drug Otezla was approved for review by the Food and Drug Administration to be used on a wider patient population.

Businesses Get Some Relief Under Yellow Tier

Los Angeles County beginning today entered the less restrictive yellow tier of California’s Blueprint for a Safer Economy, allowing increased operating capacity for many businesses while letting some other businesses open indoors for the first time in months, albeit with limits.

With Purchase, Drone Maker Expands Product Offerings

AeroVironment Inc. – the company that made the helicopter that flew on Mars – this week closed on its acquisition of a German company that makes unmanned ground vehicles.

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Tutor Perini Reports Good Quarter

Tutor Perini Corp. beat Wall Street estimates on earnings but just missed on revenue for the first quarter.

Valencia Aerospace Manufacturer Buys Ceramics Firm

Fralock Holdings, a Valencia manufacturer for the aerospace, defense and medical industries, has acquired Ceramic Tech Inc.

Input 1 to Participate in Universal Bank’s New Insurance Business

Input 1, a Woodland Hills-based digital billing and payment processing provider for insurance carriers, has been selected to service Universal Bank’s new insurance premium finance business.

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