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Insomniac Games Plays into Sony’s PS5 Launch

Console marketing features ‘Miles Morales,’ ‘Rift.’

Video games made by a Burbank development studio played a central role in the launch of Sony Corp.’s next-generation PlayStation 5 console.

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AeroVironment Acquires Germany’s Telerob

AeroVironment Inc. this week announced it has acquired Telerob, a German company that makes remote-controlled ground robots and intelligent robotics systems.

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Behavioral Health Hospital Coming to Lancaster

Antelope Valley Hospital and Kentucky-based Kindred Healthcare have entered into a joint venture to build and operate a new specialty hospital in Lancaster.

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HBO Movie Set on Cunard Ship QM2

Meryl Streep aboard to film the literary drama ‘Let Them All Talk.’

Cunard’s flagship ocean liner Queen Mary 2 is making waves in Hollywood.

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Chief Executive Todd Stevens Exits California Resources

California Resources Corp. announced Monday that Chief Executive Todd Stevens will leave the company on Dec. 31 after a six-year run.

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Atara Biotherapeutics Signs Deal With Bayer Worth Up to $610 Million

Atara Biotherapeutics and German pharmaceutical giant Bayer have entered into a strategic collaboration to develop therapies for solid tumors.

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GONE Green

Westfield’s former senior vice president starts his own real estate investment fund.

Larry Green, the former vice president of Unibail-Rodamco-Westfield, has formed his own company L. Green Investment and Development in Calabasas.

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Council OKs Westfield’s Promenade

$1.5 billion Warner Center project has affordable housing.

Los Angeles City Council voted last week to approve the long-deliberated Unibail-Rodamco-Westfield project Promenade 2035 at Warner Center.

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Apple Tree’s Seed Money

Tax credit helps buy, rehab low-income apartments.

Hunt Capital Partners announced in November that it had closed a $13.7 million federal low-income housing tax credit equity financing for the acquisition and rehabilitation of Apple Tree Village.

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AROUND THE VALLEYS

AROUND THE VALLEYS

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High Demand Means Buy Time at Public Storage

REAL ESTATE: Analysts cheer REIT’s report of property acquisitions in quarter.

Executives with Public Storage discussed acquisitions with research analysts during their conference call on third-quarter earnings.

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Wealth Managers’ Wild Ride

Financial advisors weathered market downs and ups during a year of surprises.

The onset of the coronavirus caused one of the sharpest nosedives in the history of global capital markets. Between Feb. 20 and April 7, the Nasdaq tumbled an unprecedented 1,864 points, a loss of nearly 20 percent.

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The Man With an Investment Plan for 2021

Tony Battaglia, branch manager at Raymond James’ Woodland Hills office, discusses risk assessment.

Tony Battaglia believes in the power of a plan.

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Casa Pacifica Moves to New Offices in Camarillo

Space consolidation saves for community programs.

Casa Pacifica has found a new home for its community-based programs.

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Looking to 2021 and Our Recovery

The holidays are here, which means 2020 is coming to an end. Under normal circumstances, a new year would represent new beginnings and new opportunities, but as we prepare to welcome the new year, the hard truth is that many of the issues and challenges we have faced throughout 2020 will remain with us in 2021.

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New Leader Joins Adventist Health Foundation

Plans to expand fundraising streams in Simi Valley.

Seasoned Southern California philanthropy professional Ben Chandler has been tapped to lead the foundation arm at Adventist Health Simi Valley, the health care system announced Nov. 23.

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Audio Company Moves into Car Monitoring

AUTOMOTIVE: AutoSense checks on driver, passengers, children and pets in vehicle.

With its vehicle occupant monitoring system, audio equipment maker DTS Inc. will make a play for a new market beyond its traditional buyers.

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Leadership Wishes for All Leaders

With a New Year, a new president, and a new congress, 2021 is ripe for more enlightened leadership at every level

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Corporate Strength Can Help Operators in Crisis

LIST: Food service firms account for most names on Business Journal’s directory.

Franchised restaurants, often with strong brand recognition and support from well-capitalized corporate owners, may seem better equipped than independent restaurants to survive a crisis such as the coronavirus pandemic, but that assumption isn’t always true.

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Promenade Pullback

DEVELOPMENT: Westfield will move forward gradually in Woodland Hills.

Shortly after Promenade 2035 – the $1.5 billion overhaul of mostly dormant Westfield Promenade shopping mall in Woodland Hills — got final approval last month, the developer decided to wait to start construction.

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