Future residential development | Click to enlarge Tejon Ranch Co. posted profits this week of $2.292 million (11 cents per share) for the first quarter of 2013, down from last year’s 3Q profits of $4.021 million (20 cents). The decrease was attributed to a cut in oil production as the company temporarily...

Valencia-based diabetes drug developer MannKind Inc. lost $50.8 million in the third quarter of 2013 (17 cents per share), widening the gap from 2012’s third-quarter loss of $42.8 million (22 cents per share, with fewer shares outstanding). The company attributed much of the difference to a “non-cash...

Just when you thought “rabid bat” season was over, two more showed up in the Santa Clarita Valley in time for Halloween. After a lull in September, in October a Santa Clarita resident spotted a bat hanging from an eave of his or her home, and then lying on the ground. Later in the month in Newhall,...

Linn Energy LLC is offering approximately $600 million more to buy Berry Petroleum Co., under a merger deal announced Monday by both companies. Linn, based in Houston, is one of the nation’s top-15 oil and natural gas producers. Berry owns the Placerita oilfield (off of Sierra Highway in Newhall)...

[Click here] to watch 1913 film of mules & L.A. Aqueduct construction * * * The mules are here. A hundred pack mules and their muleteers, hired from ranches in the Eastern Sierras, were trailered into Whitney Canyon Park in Newhall on Monday afternoon, getting a little break from their 240-mile walk. Most...

Valencia-based MannKind Corp. announced Monday that it is again asking the federal Food and Drug Administration to approve the marketing and sale of inhalable insulin powder under the name Afrezza – two years after the FDA denied the company’s initial application. MannKind said in a statement...

Gov. Jerry Brown vetoed legislation Friday that would have required ballot initiatives and recall petitions to be translated into other languages before they could be circulated for signatures. Under existing law, proponents of a ballot measure or a petition to recall a state officer must submit it to...

Mexican free-tailed bat, like those in SCV | Courtesy Evelyne Vandersande The latest rabid bat to turn up in Los Angeles County was found outside somebody’s home in Santa Clarita. It was still alive. It’s probably dead now. That brings to 13 the number of rabid bats identified so far this...

[ITINERARY]   Turn back the calendar a century and you’d see teams of 54 mules hauling enormous sections of pipe across the Santa Clarita Valley. That pipe would become the Los Angeles Aqueduct, which still can be seen above-ground near Saugus High School and elsewhere. Actually, by this date...

UPDATE Monday: Suspect Dies at Hospital: [Story]   All of the following information is preliminary. It has been compiled in part from witness statements at the scene.   Click image to enlarge A Santa Clarita Valley Sheriff’s deputy shot and wounded a man Sunday evening who had holed himself...