NRG Energy updated the application for its new peaker power plant in Oxnard on Nov. 19. In an updated filing with the California Public Utilities Commission, NRG said it would demolish the current power plant and a cooling tower on the site if the new Puente Power Project is approved by the commission. Dave Read More →
When California passed AB 939 in 1989, the mandatory waste diversion goals looked lofty and unreachable. But Harrison Industries of Ventura stepped up with a unique plan to provide all of its customers in Ventura and Santa Barbara counties with waste bins that allowed them to separate trash and recyclables. Twenty-five years later, Gold Read More →
Thousand Oaks-based Amgen scored another major victory Nov. 19. European regulators approved experimental drug Kyprolis on Thursday for patients who have received at least one prior treatment for multiple-myeloma. Kyprolis was the cornerstone of Amgen’s $10.4 billion buyout of Onyx Pharmaceuticals in 2013. Multiple-myeloma is a form of blood cancer that forms in plasma cells Read More →
Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →
French Hospital Medical Center has taken the wraps off an 18,000-square-foot health and education facility it hopes will forge closer ties between the hospital and higher education in San Luis Obispo. With about 200 business and community leaders standing by, CEO Alan Iftinik unveiled the Copeland Health Education Pavilion. Iftinik said the building, which Read More →
Citrix Systems Inc., the cloud-services company, is planning to cut about 1,000 jobs and spin off its Goleta-based GoToMeeting division rather than sell the online meeting organizer, it announced Nov. 17. Activist investor Elliott Management Corp. has been calling for change at the software firm. Citrix also noted that it would restructure its labor force, Read More →
Sientra Inc. sales were down 6.9 percent in the third quarter of 2015 but the results were largely unaffected by recent pandemonium at the company. The Goleta-based company reported third quarter results on Nov. 16 for the quarter that ended on Sept. 30, just one week after European regulators pulled products made by Sientra’s Brazilian Read More →