Thousand Oaks-based biotech giant Amgen won U.S. approval for its powerful cholesterol-lowering drug Repatha for certain patients, making it the second in a new class of treatments to come to market, Bloomberg News reported Aug. 27. The Food and Drug Administration cleared Repatha for people with hard-to-treat levels of bad cholesterol, according to a statement Read More →
By Staff Report / Thursday, August 27th, 2015 / Agribusiness, Latest news / Comments Off on Dole CEO Murdock, ex-president ordered to pay $148M
Dole Food Co. Chief Executive Officer David Murdock and a former executive of the fresh-fruit producer were ordered to pay $148.1 million over allegations they drove down the value of the company so Murdock could take it private on the cheap in a $1.2 billion deal, Bloomberg News reported Aug. 27. Murdock received an “improper Read More →
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →
By Henry Dubroff / Friday, August 21st, 2015 / Columns, Latest news / Comments Off on In memoriam: Former Westmont President David Winter
I got to know David Winter shortly after the Business Times had begun production in the spring of 2000. We had hired a recent Westmont graduate, Laura Polland, who turned out to be a terrific writer and our founding technology editor. And we’d been encouraged to reach out to Westmont by Ed Birch, who was Read More →
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John Madonna plans to transform 111 acres in San Luis Obispo into a $500 million mixed-use project that caters to the city’s aging population. The proposed Froom Ranch project includes a continuing care retirement community (CCRC) that offers 350 residential units for seniors, 150,000-350,000 square feet of commercial retailers for its residents, 200 apartments and Read More →
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