Amgen to lay off 300 U.S. workers

Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →
Housing projects in Ventura are well-funded but need to happen quicker
The Housing Trust Fund of Ventura County has made impressive progress over the last year in its move to develop affordable housing units throughout the county. At its annual meeting on Jan. 18, HTFVC described the steps they’ve taken to ensure future housing projects as well as the state of current projects. Alexander Russell, HTFVC’s Read More →
Venture capital spending to keep cooling in ’23 amid economic concerns

By Mike Harris, Special to the Business Times This year will be a cautious one for venture capital investors, panelists at a round table discussion in Westlake Village said on Jan. 18. “I think it will be slow and cautious,” said moderator Scott Alderton, managing partner of Los Angeles-based law firm Stubbs, Alderton and Markiles, Read More →

Travel Forecast: Central Coast to remain desirable spot

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Vital signs: Unemployment held steady in November
The number of those unemployed in the U.S. was essentially unchanged in November from October, according to data released by the U.S. Bureau of Labor Statistics. The national unemployment range has remained essentially stabile since March at 3.5 % to 3.7 %. The number of unemployed persons was essentially unchanged at 6.0 million in November. Read More →