July 17, 2024

		


| Monday, June 9th, 2014

Amgen hires former 3M exec as CFO

Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies

Amgen has hired David Meline, formerly with industrial conglomerate 3M Co., as its new chief financial officer. At 3M, Meline was responsible for the finances of a Minnesota-based company with more than $30 billion in worldwide revenues. Amgen, the world’s largest biotechnology firm, had profits of $5 billion in 2013, a 17 percent increase from Read More →

| Thursday, June 5th, 2014

Amgen to cut 70 jobs

East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies

Thousand Oaks-based Amgen plans to lay off 70 people, primarily in its information systems department at its headquarters.

| Monday, June 2nd, 2014

Ventura County pension reform effort collects 40K signatures

Top Stories

A grassroots effort to junk Ventura County’s defined-benefit pension plan and replace it with a 401(k)-style defined contribution plan took a step forward on June 2, when County Clerk and Recorder Mark Lunn certified that enough signatures have been collected to place the initiative on the November ballot. Advocates for the so-called Initiative for Pension Read More →

| Friday, May 30th, 2014

QAD shares soar on narrower Q1 loss

Banking & Finance, South Coast, Technology, Tri-County Public Companies

Shares of software firm QAD shot up almost 7 percent in midday trading on Friday after the company reported a smaller first-quarter loss. Santa Barbara-based QAD posted a quarterly loss of $76,000, or 1 cent per Class A share and break-even for Class B shares, compared to a loss of $1.3 million a year earlier. Read More →

| Friday, May 30th, 2014

Six victims came from diverse backgrounds

Top Stories

The four men and two women who were killed in the Isla Vista massacre were described by friends and family as bright and happy students. Most had lived in California all their lives, while one was born in Taiwan. James Hong, 20, of San Jose, was a second-year computer engineering major born in Taipei. He Read More →

| Thursday, May 29th, 2014

Resonant IPO raises $16.2M to fuel Skyworks deal

South Coast, Technology, Top Stories, Tri-County Public Companies

Shares of Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to Apple, were up 50 percent in the first day after it raised $16.2 million in an initial public offering.

| Thursday, May 29th, 2014

Harrison Industries matriarch dies at age 99

East Ventura County, Top Stories, Tri-County Economy, West Ventura County

Myra Harrison, co-founder and matriarch of E. J. Harrison & Sons, one of the largest private enterprises in Ventura County, has died at age 99. A news bulletin from the Harrison family said she died in her sleep on May 25. She was the daughter of Francisca Moraga Velarde and Elias Velarde and her ancestors Read More →