Hewlett-Packard laying off 25,000 to 30,000 employees
Hewlett-Packard is laying off 25,000 to 30,000 employees globally as part of a restructuring program that will save the company $2.7 billion per year. HP announced the layoffs on Sept. 15 at a meeting of its securities analysts. The cuts represent about 10 percent of HP’s workforce of about 302,000. It wasn’t immediately clear how Read More →
Carey & Hanna moving from Ventura to Oxnard
Ventura-based Carey & Hanna Tax and Wealth Planners is relocating to a larger office in Oxnard. Carey & Hanna Tax and Wealth Planners will move into the former National University building at 1000 Town Center Drive, Suite 200, on Oct. 22. The office has been located at 1445 Donlon Road, Suite 6 in Ventura since Read More →
Oil workers file lawsuit against Plains All American Pipeline
A lawsuit representing oil industry workers who were laid off following the Refugio oil spill was filed against Plains All American Pipeline, Santa Barbara-based law firm Cappello & Noel recently announced. Richard Lilygren, who has worked on the offshore oil platforms near Santa Barbara for more than a decade, filed the lawsuit in U.S. District Court on Read More →
Amgen licenses cancer drug to NatPharma
Amgen has licensed an experimental cancer drug to a Chicago biotech company founded and controlled by billionaire Patrick Soon-Shiong. NatPharma LLC is licensing the rights to AMG 337 from Thousand Oaks-based Amgen to develop and sell AMG 337. The drug is an experimental, phase-two cancer treatment. The licensing agreement is the second between Amgen and Read More →
Goleta-based Deckers hits 52-week low for stock price
Goleta-based Deckers Brands hit a 52-week low on Sept. 11 when it briefly fell to $59.62 per share. It closed Sept. 14 at $61.10. Shares of Deckers dropped about 33 percent so far this year from $89.74 on Jan. 2 before it closed at $60.65 on Sept. 11. Investment research firm Zacks said weak earnings Read More →
CIO Solutions opening San Luis Obispo office
CIO Solutions, a Goleta-based computer consulting and management-company, will officially open a new office in downtown San Luis Obispo on Sept. 21. A ribbon cutting will be held at 4:30 p.m. at the new office at 864 Osos St. with members of the San Luis Obispo City Council and the chamber of commerce. The company Read More →
