Sleepypod, a Pasadena-based company known for redefining pet products, unveiled Tuesday its newest crash test dog that provides Sleepypod engineers with measurable data to enable them to create safer car restraints for pets. The new model, DUKE 2.0, is equippe... More »
HCAP Partners, a San Diego-based private equity firm, has announced the sale of Vertical Management Systems, Inc. (VMS) in Pasadena to NewSpring Holdings, LLC, the dedicated control buyout strategy of NewSpring Capital. VMS is a leading technology innovation f... More »
Pasadena-based Brazil Minerals, Inc. said Monday one of its subsidiaries has purchased a large centrifugal concentrator, which will be installed this week in one of its gold and diamond modular recovery plant in the Jequitinhonha River valley in Brazil. With t... More »
Pasadena’s Alexandria Real Estate Equities Inc. (ARE) on Monday reported a key measure of profitability in its fourth quarter. The results fell short of Wall Street expectations. The real estate investment trust, based on Colorado Boulevard, said it had funds ... More »
Pasadena-based Green Dot Corporation (NYSE:GDOT) today announced that it has entered into an agreement to acquire UniRush, LLC, and its operating businesses RushCard, a leading online direct-to-consumer general purpose reloadable prepaid card provider, and Rap... More »
Alibaba, the Chinese online giant that opened its U.S. headquarters in Pasadena last year, has posted a moderate 42 percent year-over-year growth in revenue from its core e-commerce business for the quarter ending December 31, 2016. The company’s total revenue... More »
Global greentech pioneer Microvi and Sunny Slope Water Company (Sunny Slope) today announced the launch of the world’s most advanced nitrate removal technology, named DenitroviTM, to provide more than 200 million gallons of potable water annually for Sunny Slo... More »
The current outstanding balance of the U.S. national debt peaked to more than $19.9 trillion as of January 2017, meaning every man, woman and child in this country owes more than $65,000 in public debt. And that doesn’t include your personal loans. It’s hard t... More »
The City of Pasadena’s Economic Development Division will report Tuesday on the possible reasons why overall retail sales have been flat in the City, during a special meeting of the City Council’s Economic Development and Technology Committee. In a memo to the... More »
Pasadena-based Community Bank has recently added a $700,000 equity investment in Class A stocks at Clearinghouse Community Development Financial Institution (Clearinghouse CDFI). This is the bank’s second investment in the CDFI which now enhances Clearinghouse... More »
In a story that may foreshadow imminent developments in Pasadena, a San Diego newspaper has reported some Southern California restaurants have recently begun applying “secret” surcharges to diners’ bills, or telling diners that the new surcharges are mandated ... More »
The debut of Pasadena’s newest restaurant arrived last Friday night with the grand opening of Maestro, an upscale Mexican restaurant located in the heart of Old Pasadena. Maestro aims to deliver traditional Mexican dishes with a modern twist, a theme that is a... More »
