Business Districts News
Pasadena-Based Wetzel’s Pretzels Opens First Location in China

Twitter grab Wetzel’s Pretzels, the Pasadena-based fresh-baked pretzel company, has opened its first location in China, six months after signing a deal to enter the country. The location is the first of three Wetzel’s Pretzels which are slated to open this summer, and one of the 50 stores the brand intends to establish in China, according to a company statement Friday. Wetzel’s Pretzel’s first store…

Hollywood Burbank Airport, Operated by Burbank-Glendale-Pasadena Airport Authority, Reports Big Increase in Passengers

Hollywood Burbank Airport, operated by the tri-city Burbank-Glendale-Pasadena Airport Authority, has reported another increase in passengers numbers – up by about 12 percent during April compared to the same month last year. Nerissa Sugars, manager…

Pasadena Bank CIT Makes Partnership Purchase of Hollywood Apartments

Pasadena-based CIT Bank, partnering with the investment firm Canyon Partners Real Estate in Century City, has purchased the Harvey Apartments in Hollywood, a four-story, 177-unit apartment building that includes 1,900 square feet of ground retail…

Pasadena Firm’s Plans for Observation Deck at Chicago Skyscraper Unveiled

Image courtesy The Hettema Group Pasadena-based The Hettema Group’s design for the observation deck atop Chicago’s Aon Center has been unveiled. Aon was formerly known as the Standard Oil Building. 601W Companies acquired the property…

Pasadena’s ObEN Debuts Artificial Intelligence Concierge in Shanghai

Adam Zheng, COO and co-founder of ObEN; Adrian Cheng, founder of K11; Nikhil Jain, CEO and co-founder of ObEN (Photo: Business Wire) ObEN Inc., the Pasadena artificial intelligence company that is building a decentralized AI…

Pasadena Startup Raises $7 Million in Mission to Make Big Data More Useful

Virtualitics, a Pasadena-based data analytics and visualization startup, announced the closing of a $7 million Series B round of equity funding led by Centricus, a…

Pasadena’s Miso Robotics Secures $10 Million in ‘Flippy’ Funding

Pasadena-based Miso Robotics, which recently unveiled and successfully tested its burger-flipping kitchen assistant “Flippy,” has secured $10 million in Series B financing led by Acacia…

Burbank-Glendale-Pasadena Airport to See Reduction in Staff Meetings

The Burbank-Glendale-Pasadena Airport Authority has voted to reduce the number of airport staff meetings in an effort to improve airport staff efficiency. Last week, board…

Pasadena’s Episona Launches International Sales of Epigenetic Test for Male Infertility

Episona Inc., a Pasadena-based company focused on reproductive health, says it is now selling Seed, its home test kit for evaluating male infertility and poor…

Pasadena-Based Materia, Inc. and Evonik Industries Reach Agreement on Catalyst License

Pasadena-based Materia, Inc., a world leading supplier of high performance catalysts and advanced polymers, has entered into a license agreement with Evonik Industries, a German chemicals supplier, related to catalysts used in olefin metathesis, a reaction in which two compounds exchange ions, typically with precipitation of an insoluble product. The agreement follows a patent infringement case between the two companies, which a jury trial in the Federal District Court in Wilmington, Delaware decided in February. According to the terms of the agreement, Evonik allows Materia to make and sell the catalysts that are covered by an injunction issued by the…

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