Teledyne increases stake in Optech
Banking & Finance, Latest news, Technology, Tri-County Public CompaniesMilitary-industrial conglomerate Teledyne Technologies said April 3 that its Dalsa subsidiary has increased its ownership stake in the parent company of Optech from 19 percent to 51 percent. Terms of the deal were not disclosed. Optech is a Canadian maker of laser-based survey and digital imaging equipment. Thousand Oaks-based Teledyne has been moving away from Read More →
Amgen, AstraZeneca strike drug development deal
Banking & Finance, Latest news, Technology, Tri-County Public CompaniesAmgen has entered a development deal with London-based AstraZeneca to jointly commercialize five anti-inflammation drugs. Under the terms of the agreement announced April 2, AstraZeneca will pay a one-time $50 million payment to Amgen and will be responsible for helping the Thousand Oaks-based biotech giant commercialize its inflammation drug pipeline. The firms said in a Read More →
Ojai Community Bank out from regulatory order
Banking & Finance, Banking Industry, Latest newsOjai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →
Guest op/ed: The business world needs women to help us get out of this mess
Op/Eds, OpinionTraditional male-centric business practices as well as unregulated policies imposed on our modern society got us into this global recession.
Letter: With Prop. 29, the devil is in the details
Letters to the Editor, OpinionThis measure allows Californians’ hard-earned tax dollars to be spent outside the state, even outside the country.
U.S. cracks down on Chinese solar
Latest newsHanding a victory to SolarWorld Industries, which maintains offices in Camarillo, the U.S. Department of Commerce has issued a preliminary ruling that would impose a series of small tariffs on solar panels imported from China. According to a press release from a coalition of panel makers that supported the SolarWorld dumping case, the March 20 Read More →