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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.

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Calabasas Doctor Sentenced for Rx Bribery Scheme

Calabasas physician Dr. Amir Friedman, 56, was recently sentenced to 14 months in federal prison for allegedly accepting nearly $800,000 in bribes and kickbacks.

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Footprint Overlap

FINANCE: US Bank buys Union Bank; both institutions have large presences in the North Los Angeles market.

US Bank will acquire Union Bank for about $8 billion.

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Mask Order Extended in Ventura County

The Ventura County Public Health Officer this week extended the indoor mask order that requires all individuals wear face coverings when indoors in public settings. The new details also establish criteria for ending the mandate.

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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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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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Capstone Sells Turbines to Utility in Colombia

Capstone Green Energy Corp. announced this week it received an order for a three-bay microturbine system from a natural gas utility company in Colombia.

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Smidt Foundation Awards $1 Million to Skilled Trades Teachers, Schools

Harbor Freight Tools for Schools announced Thursday the winners of its Tools for Schools Prize for Teaching Excellence, distributing $1 million to educators and schools in 14 states.

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PS Business Parks Sells San Diego Campus for $315 Million

PS Business Parks Inc. has sold its Lusk Business Park property in San Diego for $315 million as part of a 1031 exchange with an affiliate of Longfellow Real Estate Partners.

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North Hollywood’s Lankershim Plaza Sells for $92 Million

A high-profile North Hollywood office building has sold for $92 million.

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Glendale Home Depot Property Trades for $62 Million

The retail property that hosts Home Depot in Glendale has sold for $61.8 million.

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Marcus & Millichap Forms Lending Alliance

Marcus & Millichap Inc. announced Friday that its financing subsidiary, Marcus & Millichap Capital Corp., has entered into a strategic alliance with M&T Realty Capital Corp. to enhance financing options for its clients.

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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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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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Universal Studios Theme Park to Require Vaccine or Test

Universal Studios Hollywood will begin on Oct. 7 asking for proof of vaccination or a negative COVID-19 test for all guests ages 12 and up.

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Mayor’s Fund Bestows Grants to 12 Chambers in Valley Region

The Mayor’s Fund for Los Angeles announced last week grants funding several Valley region chambers of commerce as part of its Small Chambers of Commerce Relief Program.

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Medical Office Sells for $24 Million in Burbank

A 50,986-square-foot on-campus medical office building in Burbank has sold for $23.9 million, or $468 per square foot.

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US Nuclear Updates Investors on Drone Subsidiary

US Nuclear Corp. has provided an investor update on the operations of its new startup subsidiary, Cali From Above.

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Stratolaunch Taps Former Pentagon Official for Hypersonic Project

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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Law Makes Outdoor Dining a Permanent Option

Gov. Gavin Newsom signed into law on Friday legislation that will expand outdoor dining options for restaurateurs.