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Preview: Electric Wheels

Region well positioned for pending revolution in transportation.

Valley Economic Alliance Recommends Changes to L.A.’s Building Permit Process

The Valley Economic Alliance has presented 13 recommendations for permit reform to the city of Los Angeles in an effort to streamline the current real estate development and building process.

Business Events Calendar

Business Events throughout the Valleys.

Harbor Freight Awards $1 Million to Skilled Trades Teachers, Schools

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

Magic Mountain to Build Wonder Woman Roller Coaster

Six Flags Magic Mountain announced this week plans to build its 20th roller coaster called Wonder Woman Flight of Courage.

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Simulations Plus Launches University Software Program

Pharmaceutical simulation software company Simulations Plus announced the University+ program, which offers one year of free access to Simulations Plus programs for students and educators at accredited universities worldwide.

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.

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.

Filming Way Up in County

On-location filming was up in the third quarter, netting the third-highest total for any quarter on record, according to figures released Wednesday by FilmLA.

Warner Bros.’ Burbank Facility to Be ‘Largest Studio Development’

The historic Warner Bros. Ranch Lot in Burbank will get a $500-million makeover from new owners Worthe Real Estate Group and Stockbridge.

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.

IHOP Introduces Melts to Reach Dinner, Lunch Customers

As part of an effort to appeal to lunch and dinner consumers, IHOP announced Monday that it has launched a new line of sandwich melts on its all-day dine-in and to-go menus.

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Disney to Delay Release of Superhero Movies

Walt Disney Co. is delaying the release of five upcoming Marvel superhero films and the next installment of the “Indiana Jones” franchise.

MannKind Shares Fall 18 Percent on FDA Decision

Shares of MannKind Corp. fell more than 18 percent Monday after the company disclosed a therapy it developed with United Therapeutics Corp. was rejected by the Food and Drug Administration.

New Owner Looks to Redevelop Canoga Park Shopping Center

A 1.5-acre shopping center in Canoga Park has sold for $9 million to a private investor with an eye toward redevelopment, according to brokerage CBRE Group.

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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.

Big In-Person Gathering for VICA Event

In what may have been the San Fernando Valley’s largest public gathering since the pandemic, up to 340 business and civic leaders attended the Business Forecast Conference at the Hilton Universal City hotel.

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LTC Properties Closes $46 Million in Investments

Westlake Village-based LTC Properties announced that it has originated $46 million in new investments since the start of the third quarter.

Report: Disney May Spin Off ESPN

Walt Disney Co. is looking to spin off its lucrative ESPN sports network, according to a media report.

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.