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Bank of Santa Clarita Acquired

Southern California Bancorp announced Tuesday it will acquire Bank of Santa Clarita for $56.2 million, the San Diego business said.

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FDA OK for Lumakras Opens Lung Market

Amgen drug is the first that specifically targets common type of non-small cell pulmonary cancer.

FDA approval for Amgen Inc.’s drug Lumkras to treat lung cancer.

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HYDROGEN HUB

PROFILE: How Mayor R. Rex Parris is luring alternative energy companies to Lancaster.

Hydrogen companies from around the world including SGH2, Hitachi Zosen Inova and Toshiba are setting up shop in Lancaster, hinting at that area’s potential to become a premier alternative energy hub. Creating a welcoming environment for such companies is a motivator driving longtime mayor and career lawyer R. Rex Parris. SGH2 last year signed a deal with the Antelope Valley city to build a first-of-its-kind plant called S2 that will use a NASA-developed method to incinerate the city’s recycled waste to create hydrogen, which could be used to fuel vehicles. In this interview, Parris says it’s “inevitable” that Lancaster will be known as a hydrogen hub and explains why he’s a big believer in alternative energy.

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Leisure Returns, Uncertainty on Business Travel

HOSPITALITY: Hotels report vacationers fill rooms, but conferences still absent.

The hotel industry is bracing to accommodate pent-up demand for rooms.

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Well-Connected Hub

With the San Fernando Valley to the east and Conejo Valley to the south, Simi Valley occupies a a strategic position for industrial, office, apartments and even movie ranches.

Simi Valley is provides a well- connected location for industrial, office and residential buildings.

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Warner Bros.’ Refurbished Studio Tour

Backlot attraction adds story lines and memorabilia.

The Warner Bros. Studio Tour Hollywood will welcome back visitors starting June 26.

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Xytech Pays $6 Million in Acquisition

Combined firms to improve media planning software.

Xytech Systems Corp., a software developer for the broadcast and media industries, has acquired the ScheduALL business from Swedish software company Net Insight AB.

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Car Sales Agents Are Non-Human

Calabasas firm debuts AI-enabled system for auto dealerships.

CarLabs.ai expands its artificial intelligence-powered conversation system to serve auto dealers.

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VALLEY INSIDER

LegalZoom’s Indie Auditor

Elder care attorney Terri Hilliard named to serve as District 6 governor for California Women Lawyers.

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Capstone Sells Three Turbines to Caribbean Resort

Capstone Green Energy Corp. will supply three of its microturbines to a resort redevelopment project in the Caribbean following an order received through its distributor for the region.

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US Nuclear Moves Forward in Mining Innovation Competition

US Nuclear Corp. and its partner companies have been shortlisted for the next phase of the Charge on Innovation Challenge, a global competition that aims to electrify mining trucks.

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Salem Ends Year With Profitable Quarter

Salem Media Group Inc. beat Wall Street estimates on revenue and earnings in the fourth quarter.

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LegalZoom Files for IPO

The Glendale-based company said in a filing with the Securities and Exchange Commission that it will attempt to raise up to $100 million in the IPO.

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Cruise Operations Could Restart in Mid-July, According to CDC

In a letter to cruise industry leaders Wednesday, the Center for Disease Control and Prevention signaled that U.S. sailing operations may resume as soon as mid-July.

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Final Sale for Apex Global Brands

Apparel company will go private at discount price.

Apparel company Apex Global Brands Inc. will go private following its acquisition last month by Galaxy Universal, a wholesaling, sourcing and brand management company based in Centennial, Colo. Galaxy, which is privately held and focuses on the athletic, work and outdoor categories, will pay $2 a share for all outstanding shares of Apex, which trades on the over-the-counter market since being delisted from the Nasdaq in November.

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Order for Burgerim Founder to Pay

Regulators find franchiser violated state rules.

The state has ordered fast casual burger chain Burgerim to refund tens of millions of dollars in franchise fees paid by more than 1,500 would-be restaurant operators after finding the Encino company violated California’s franchise regulations.

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Software Connects Humans and Robots

InVia partners with Rufus Labs for warehouse work.

Maker of robots for warehouses pairs up with company that makes wearable technology.

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Black Entrepreneurs Month: Tay Watts Posh Candle Co.

Van Nuys Business: Candle maker Email: hello@poshcandleco.com • Website: poshcandleco.com

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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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Westlake Village Home Sales Company to Go Public

Everhome Realty Inc., a Westlake Village-based real estate technology company that helps homeowners sell their properties, plans to go public through a Special Purpose Acquisition Company.