Amgen to lay off 226 in Thousand Oaks
Latest news, Technology, Tri-County Public Companies[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”19-04-2011″ enddate=”19-10-2011″ width=”300″ height=”245″] Thousand Oaks-based Amgen is laying off 226 people at its headquarters as part of a restructuring of its research operations. Worldwide, the R&D shakeup will affect 380 staff members, but the company’s headquarters are bearing the brunt of the cuts. The company said the layoffs are Read More →
Power-One docks outlook on Eurozone austerity
Banking & Finance, Latest news, Technology, Tri-County Public CompaniesPower products company Power-One slashed its third-quarter outlook Oct. 11, causing stocks to sink 3.8 percent in after-hours trading. The Camarillo-based firm cut its outlook for third-quarter sales to the $240 million to $245 million range, down from its previous outlook of $265 million to $280 million. It said power conversion revenue was down about Read More →
Dole buys blueberry business
Banking & Finance, Latest news, Tri-County Public CompaniesDole Food Co. has purchased a Florida blueberry company, it said Oct. 11. Westlake Village-based Dole, the largest producer of organic bananas in the world and of the biggest players in the fresh fruit and vegetable industry, said it had acquired all of the capital stock of the parent of SunnyRidge Farm. Terms of the Read More →
UCSB lab gets $15M from Dow Chemical Co.
Latest news, TechnologyUC Santa Barbara’s Materials Research Laboratory has received up to $15 million from Dow Chemical Co. to establish a new institute to study materials that can further technological discovery. The recent five-year gift comes just weeks after the research lab received $20 million from the National Science Foundation to fund its studies through at least Read More →
Guest op/ed: Cuts to reimbursement will be devastating to state’s health care
Op/Eds, OpinionThe action of the California Legislature would put the Medicare and MediCal programs on life support.
Guest op/ed: Heavy burden of regulation is weighing economy down
Op/Eds, OpinionDestructive government fiscal and monetary policies are clearly hurting the economy, but overregulation is an unnecessarily self-inflicted wound that can quickly be cured.
Guest op-eds: Tech execs remember Steve Jobs
Latest news, Op/Eds, OpinionEditor’s Note: The Business Times asked technology executives in the region to share their thoughts on the death of Steve Jobs, the Apple co-founder who died Oct. 5 at age 56. To contribute, email [email protected]. We’ll post more remembrances as they become available. Click here to read a column by Technology Editor Stephen Nellis on Read More →
