Judge denies Plains’ motion to set aside criminal indictment over oil spill
Santa Barbara County Superior Court Judge Jean Dandona denied defense counsels’ motions to set aside the criminal indictment against Plains All American Pipeline and James Buchanan, the environmental and regulatory compliance specialist for Plains, with the exception of one misdemeanor count against Buchanan, Santa Barbara County District Attorney Joyce Dudley said Feb. 21. Plains was Read More →
The Trade Desk stock up 8 percent as firm sells 5 million shares
Shares of Ventura-based The Trade Desk jumped 8 percent to $35.00 as the company announced the launch of a 5 million share offering by current investors. At the company’s closing price on Feb. 21, the offering would have a gross value of around $165 million before a possible 10 percent overallotment, as disclosed in the Read More →
Genentech sues Amgen over biosimilar drug info
Roch AG subsidiary Genentech filed a lawsuit against Amgen claiming the Thousand Oaks-based company obstructed its investigation of whether the biosimilar Amgen is developing for Genentech’s cancer treatment Avastin violates the company’s patents, according to reports Feb. 20. Sales for Avastin, a treatment for lung, colon, ovarian and other types of cancer, reached $6.8 billion Read More →
Groundwater management deadline nears
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Ojai company leads way to reliable, clean energy
By Jan Dietrick The Feb. 10 article in the Pacific Coast Business Times, “Power to the people: SimpliPhi to double production at Ojai battery storage plant,” about how the Ojai company is positioning itself for growth, can be viewed through the lens of current trends in energy policy. Policy-makers in California and Washington, D.C., should Read More →
Profits should not be considered a dirty word
By Lee Schuh My wife and I recently overheard a boisterous group of 20-something women bemoan the evils of profit while we ate an early dinner at our favorite restaurant. They blamed their poor-paying jobs on those who get the profits. They complained that these profit-takers are the only ones benefiting in this society. The Read More →