Amgen CEO to step down
Latest news, Technology, Tri-County Public CompaniesKevin Sharer, chairman and CEO of Amgen, is set to retire in May, the Thousand Oaks-based company said on Dec. 15. Current president and chief operating officer Robert Bradway will become the company’s new CEO. Sharer led Amgen, the largest private-sector employer in Ventura County, for 11 years. He oversaw the company’s transition from the Read More →
Superconductor to move HQ to Austin
Latest newsSuperconductor Technologies, a company that produces high temperature superconducting materials for cell phones, is moving its corporate headquarters from Santa Barbara to Austin, Texas, the company said in a news release on Monday. The company’s Conductus superconducting wire manufacturing center will also be based in Austin. Superconducter will continue to house some of its research Read More →
Berkshire Hathaway buys Topaz project
Features, Green Coast, Technology, Tri-County EconomyThe 550-megawatt Topaz solar project in northern San Luis Obispo County landed an endorsement from Warren Buffett on Dec. 7 when a unit of Berkshire Hathaway announced it was acquiring the project from Arizona-based First Solar.
Kavli talks philanthropy at CCC event
Latest newsFifty years after Fred Kavli immigrated to the United States from Norway, he started the journey from entrepreneurship to philanthropy by establishing the Kavli Foundation in 2000 to support scientific research and education. In the 11 years since, the foundation has handed out millions of dollars in prizes recognizing research excellence in three types of Read More →
Amgen wraps up buyback auction
Latest news, Tri-County Public Companies[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”08-06-2011″ enddate=”08-12-2011″ width=”300″ height=”245″] Amgen, based in Thousand Oaks, expects to repurchase 9.6 percent of its outstanding shares at a price of $60 per share after asking shareholders to name their price in a buyback auction. The biotech giant and major Ventura County employer said Dec. 8 it had completed Read More →
Buffett plugs into SLO solar farm
Green Coast, Latest newsThe 550-megawatt Topaz solar project in northern San Luis Obispo County got a new owner on Dec. 7 when Warren Buffett’s Berkshire Hathaway announced it was acquiring the project from Arizona-based First Solar. The price was not disclosed, but the project is expected to cost about $2 billion. After a lengthy permitting process, First Solar Read More →
Op/ed: Is ‘ethical capitalism’ an oxymoron?
Op/Eds, OpinionBy Steve Mintz on December 2, 2011 It is quite popular these days to reflect on whether capitalism as an economic system does more harm than good. Critics of capitalism, such as those in the “Occupy Wall Street” movement, claim that the actions of corporate America and Wall Street investment firms contributed to the financial Read More →
