Kythera Biopharmaceuticals is permanently laying off 117 employees at its Westlake Village offices, according to a filing today with the Securities and Exchange Commission. The layoffs come as no surprise and appear to be part of Kythera’s merger with Dublin-based Allergan. On June 17, Allergan announced that it would buy Kythera for $2.1 billion. The Read More →
By Staff Report / Monday, October 12th, 2015 / Latest news, Tourism / Comments Off on Cochran resigns from Bacara Resort & Spa in Goleta
Kathleen Cochran is resigning her position at the Bacara Resort & Spa in Goleta. The general manager is leaving the coastal hotel after more than four years at the helm for family reasons. Shashi Poudyal, who previously headed the Estancia La Jolla Hotel & Spa, is Bacara’s new general manager. “It was probably one of Read More →
Thousand Oaks-based pharmaceutical giant Amgen announced results Oct. 12 showing its bone density drug Prolia reduced the incidences of bone fractures in post-menopausal women with osteoporosis over 10 years. Prolia is designed to raise bone density in people with a history of osteoporosis. Amgen released the data during the annual conference of the American Society Read More →
Sientra CEO Hani Zeini sent another letter to plastic surgeons to reassure them that its products are safe. Sientra, a Goleta-based breast implant manufacturer, saw shares drop sharply over the past few months from a high of $23.75 on July 23. In recent weeks the stock fell from $20.58 on Sept. 23 to a close Read More →
By Henry Dubroff / Friday, October 9th, 2015 / Latest news / Comments Off on Measure of business inventory could dictate future of interest rates
NEW YORK — An often-overlooked measure of business inventories may hold a powerful clue to the future direction of interest rates, an influential Federal Reserve official said Oct. 9. Dennis Lockhard, president of the Federal Reserve Bank of Atlanta, told a group of business journalists that his staff’s analysis of third quarter GDP has reported Read More →
The federal body governing pipeline safety has proposed new regulations that will change how oil and gas pipelines are operated, inspected and maintained. Some of the rule proposals include requiring that all pipelines have a system for detecting leaks and establishing a timeline for pipeline inspections following a storm or natural disaster. The Pipeline and Read More →
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