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NewHydrogen Launches $5 Million Private Placement

NewHydrogen Inc., formerly BioSolar Inc., on Monday announced a $5 million private placement offering of more than 83 million common shares of its stock.

L.A. County Giving Small Business Loans

Valley businesses are invited to apply for Los Angeles County’s Small Business Stabilization Loan Program through April 16 or until $20 million in funding requests have been received.

Glendale Adds to Small Business Recovery Fund

The city of Glendale late Monday announced an additional $650,000 in funding to help small businesses recover from the effects of the COVID-19 pandemic.

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.

State Investigates Whistleblower Complaints at Valencia COVID Lab

The state government is actively investigating poor management allegations at a PerkinsElmer COVID-19 testing laboratory in Valencia.

Deadline: June 15

RETAIL: Employment, hygiene and technology play roles in restaurants’ return to full service.

Eateries such as Maria’s Italian Kitchen prepare for full opening on June 15.

Medical Supply Company Settles Medicare Fraud Claims

Valley Home Medical Supply Inc. in Canoga Park paid a $565,873 settlement after allegations arose that the company defrauded the federal government's Medicare and Tricare programs.

BioSolar Changes Name to NewHydrogen

Santa Clarita tech company BioSolar Inc. has officially changed its corporate name to NewHydrogen Inc.

Black Entrepreneurs Month: TaVia Wooley-Iles

TaVia Wooley-Iles in 2017 started her own communications business for women professionals and entrepreneurs striving to nab public exposure, marketing expertise and branding or public speaking excellence.

Channel Islands Offering Master’s Program in Nursing

California State University - Channel Islands offered for the first time this fall a Master of Science in Nursing degree, the Camarillo college said Wednesday.

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.

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.

BioSolar Launches Green Hydrogen Subsidiary

Battery technology company BioSolar Inc. has launched a wholly owned subsidiary focused on producing green hydrogen at a lower cost.

Alpert Barr, Shenon Law to Merge

Encino law firm Alpert Barr & Grant on Wednesday announced a plan to merge with Shenon Law on April 1, taking on three lawyers and two paralegals from the Sherman Oaks firm.

Fry’s Abruptly Closes All Stores

Fry’s Electronics abruptly shuttered all of its stores on Wednesday, affecting 31 sites in nine states.

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Startup Attracts $17M in Funding

Westlake Village startup PureSpectrum this week announced it garnered $17 million in Series B funding from Arthur Ventures, a Minneapolis-based growth equity firm.

Personal Injury

Less driving means fewer traffic accidents, so firms must get creative to find clients.

Personal injury lawyers overall have suffered a decline in business during the pandemic, and the reason is obvious – people aren’t driving anywhere.

NewHydrogen Expands UCLA Research Collaboration

NewHydrogen Inc. has finalized an agreement to expand existing research at the University of California at Los Angeles.

Apparel Icon to Home Decor

RETAIL: True Religion’s Kym Gold launches Style Union Home.

Kym Gold, co-founder of True Religion Apparel, will launch her new home decor brand Style Union Home in the fourth quarter this year, with its headquarters right here in the San Fernando Valley.

PPE to Be Given to Businesses in Santa Clarita

The Santa Clarita Valley Chamber of Commerce, along with other business development entities, are teaming up with PPE Unite to host a personal protective equipment drive for businesses in February.