All results / Stories


Gelt and Uhon Secure $83 Million Bridge Loan for Watermark Project

Real estate developers Gelt Inc. and Uhon have secured $83 million in bridge refinancing on behalf of its joint venture The Watermark Apartments in Reseda.

Tease photo

First Home COVID Test In Valencia

Ellume’s $30 kit secures approval from the FDA.

Digital diagnostics company Ellume Inc., an Australian company with U.S. operations in Valencia, developed the first at-home COVID-19 test approved by the U.S. Food and Drug Administration.

Loop Media Enters Video Game Market

Loop Media Inc. has partnered with Ultimate Gamer to bring its music videos and other content to the gaming market.

Judge Calls Outdoor Dining Ban ‘Unenforceable’

A Los Angeles County Judge Tuesday tentatively ruled the county’s Public Health Department “acted arbitrarily” in implementing a prohibition on outdoor dining.

Chambers of Commerce Send Letter to State Officials

A coalition of chambers of commerce – including many in the Valley region – plan to send a letter to state elected officials Thursday voicing their concerns about the latest stay-at-home orders.

Three Counties Explore Forming Separate COVID-19 Region

Ventura, Santa Barbara and San Luis Obispo counties intend to petition the state to form a separate Central Coast region for the purpose of coronavirus pandemic regulation.

Princess Cruises Extends Sailing Pause

Princess Cruises has again postponed the resumption of cruising activity, this time through May 14.

Tease photo

Publishers Find ‘Mag’ App Easy

MEDIA: Phone-based technology creates online magazines

Jake Warner needed a tool to streamline his workflow as a photographer and media manager for Red Bull’s auto racing series.

State Small Business Fund Opens for Grant Applications

The state of California’s $500 million Small Business COVID-19 Relief Grant Program has opened its first round of applications

FDA Approves Ellume’s At-Home COVID-19 Test

The U.S. Food and Drug Administration has approved the first at-home COVID-19 test, developed by a biotech company with ties to the Valley region.

Tease photo

Valley Hospitals Grapple With COVID-19 Surge

The number of available intensive care unit beds has plummeted in Los Angeles County, with only 92 ICU beds available countywide.

Valley Hospital Staff Receive COVID Vaccine

Hospitals in the Valley region have started administering the COVID-19 vaccine made by Pfizer Inc.

Disney Reports Subscription Numbers, Shares Soar

At an investor conference Thursday, Walt Disney Co. announced its Disney+ streaming service has amassed 86.8 million paid subscribers.

Semtech and Amazon Sign Third Deal

Latest agreement for cloud computing develoment.

Semtech Corp. has teamed with Amazon Web Services Inc. to offer its long range, low power wide area network (LoRaWAN) protocol for Amazon’s managed cloud service.

Executives Promoted at PennyMac Financial

PennyMac Financial Services Inc. has announced two promotions within its executive ranks, effective Jan. 1.

Lancaster Looks to Form Health Agency

Antelope Valley city wants autonomy in regulation.

The city of Lancaster took a hammer to the Los Angeles County Department of Public Health, first backing a vote of no confidence in its director, Barbara Ferrer, then commissioning a study on how to form a separate public health department.

Restaurants Protest, Defy Outdoor Dining Ban

Tensions about the state of California’s ban in the Southern California region on outdoor dining are reaching a boiling point, with some restaurant owners openly defying the regulation they see as unfair and hypocritical.

AI Company Eta Compute Raises $12.5 Million

Westlake Village tech firm Eta Compute Inc. has raised $12.5 million in a Series C round led by Synaptics Inc. in San Jose.

Aerojet Rocketdyne Acquired for $4.4 Billion

Aerospace and defense giant Lockheed Martin Corp. plans to acquire Aerojet Rocketdyne Holdings Inc. in a deal valued at $4.4 billion.

Multi-Tenant Industrial Site in Van Nuys Sells for $3 Million

A 16,230-square-foot industrial site in Van Nuys has sold for $3 million, or nearly $188 per square foot.

Tease photo