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Mergers Make Sense for Neighboring Chambers

LIST: Business organizations combine to enhance events and lobbying power.

Mergers make sense for neighboring chambers.

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Amgen Finalizes Teneobio Acquisition

Amgen Inc. announced that it has completed the acquisition of biotechnology company Teneobio Inc. with a $900 million upfront cash payment.

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Restaurant Panel Discusses COVID Impacts

The Association for Corporate Growth held a panel with four local restaurant executives to discuss the long-term impacts of the COVID-19 pandemic on the industry.

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L.A. City Council Takes First Vote for Vaccine Mandate

Los Angeles City Council on Wednesday held its first vote on an ordinance that would require proof of vaccination for patrons to enter many businesses, including restaurants, gyms, salons and movie theaters.

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Camarillo Tomato Farm Sells for $93 Million

AGRIBUSINESS: Facility switches to massive cannabis farm.

Glass House Brands Inc. buys Camarillo area farm to grow marijuana.

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Post Traumatic Pain Leads to CBD Store

While seeking relief from mass shooting trauma, Claudia Chaverra found business opportunity.

Claudia Chaverra, owner of Your CBD Store in Northridge, was inspired to open her business after CBD products helped relieve her symptoms of post-traumatic stress disorder.

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L.A. Mandates Vaccine Checks

To the consternation of at least some in the business community, the Los Angeles City Council on Wednesday approved an ordinance that will require customers to show proof of full COVID-19 vaccination before entering many indoor businesses beginning next month.

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Chamber Honors Women Leaders

Award recipients range from police chief to entrepreneurs.

United Chambers of Commerce recognizes inspirational women.

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Electricity Towers

TECHNOLOGY: With $400 million plus in capital and plans to go public, Energy Vault has big ambitions for its power system.

Energy Vault Inc. has a new old way to hold excess electricity.

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AI Cuts Wait For Labs and MRI Patients

Software is used at multiple locations, including Valley.

Diagnostic imaging provider RadNet is championing artificial intelligence as its means of conducting MRIs, a tool Dr. Suzie Bash said is “revolutionizing medical imaging.”

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SoCalGas Resolves Aliso Canyon Lawsuits

The Southern California Gas Co. on Monday announced that several agreements have been reached that are expected to resolve substantially all civil litigation against SoCalGas from the 2015 Aliso Canyon natural gas storage facility leak.

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Simulations Plus Sees Uneven Income Streams

BIOTECH: Software sales go up in the same quarter that service revenue declines.

Uneven income streams for drug modeling company Simulations Plus Inc.

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California Resources Sells Ventura Basin Wells

ENERGY: Oil producer will ‘recycle capital’ to core fields.

Valencia oil and gas company sells off its Ventura basin wells.

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Compass Team Focuses On Luxury Housing

Brokers head new Valley Division of Beverly Hills firm.

Combined, they have closed more than $2 billion in sales by transacting premier residential properties along the Ventura Boulevard corridor on behalf of a clientele that includes A-list celebrities, musicians and athletes.

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Marcus & Millichap Targeted in Cyberattack

Marcus & Millichap was the target of a cyberattack, according to a recent filing the commercial real estate services firm made to the Securities and Exchange Commission.

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Industrial Transactions Sustain Brokerage Firms

LIST: Deal-makers look for revival of the office sector with hybrid workforce.

Industrial transactions sustain brokerage firms.

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AROUND THE VALLEYS

Los Angeles County Metropolitan Transportation Authority has added the northwest San Fernando Valley to its ride-hailing service Metro Micro.

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AROUND THE VALLEYS

Stratolaunch, the aerospace company that built the world’s largest airplane, has added a former Pentagon official to its technical advisory group.

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Arcutis Submits FDA Application for Plaque Psoriasis Treatment

Westlake Village-based Arcutis Biotherapeutics has submitted a new drug application to the U.S. Food and Drug Administration for its roflumilast cream, a treatment for mild to severe plaque psoriasis.

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Cancer Society’s Relay For Life Runs in Valley

Stage entertainment, food trucks and events for survivors raise money for research and services.

The American Cancer Society Relay for Life is hosting rallies across the Valley region this month to connect communities and raise funds to help save lives from cancer.