Minimum wage and salary increases — a ripple effect or a tsunami?
By Jon Light You may have heard that California will have a minimum wage of $15 by 2022. But there are ramifications beyond that gradual increase that employers may not have considered. In April, Gov. Jerry Brown signed into law a minimum wage increase to $15 per hour, phased in over five years between 2017 Read More →
Abbvie sues Amgen to block sales of Humira biosimilar
Thousand Oaks-based biotech giant Amgen faces a lawsuit seeking to block it from selling a biosimilar of AbbVie’s popular Humira. The rheumatoid arthritis medicine is Abbvie’s best seller. Sales were up 17 percent in the second quarter to $4.15 billion and accounted for 61 percent of AbbVie’s 2015 revenue. Abbvie claims Amgen’s proposed copy would Read More →
Lands commission sued over lease extensions for Diablo Canyon Power Plant
The World Business Academy, a Santa Barbara non-profit think tank that lobbies for renewable energy use, sued the California State Lands Commission on Aug. 2 in state court in Los Angeles over the approval of temporary land lease extensions at the Diablo Canyon Power Plant. On June 28, the lands commission granted Diablo Canyon owner Read More →
Judge keeps Plains oil spill grand jury transcripts sealed
Plains All American Pipeline and Plains employee James Buchanan pleaded not guilty to criminal charges regarding the Refugio oil spill and the court ruled on July 28 that the grand jury transcripts in the indictment will remain sealed until the trial’s completion. Houston-based Plains was charged with four felonies and 42 misdemeanors after its corroded Read More →
Tri-county elder abuse ‘gut-wrenching’
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Cybersecurity scares spawn legislation, new businesses
Businesses, government entities and consumers are increasingly aware of the threat of cyberattacks. High-profile security breaches like the ones experienced by health insurer Anthem Blue Cross, JPMorgan Chase and social network LinkedIn have thrust cybersecurity into the national spotlight. As statewide and federal laws come into play, protecting online networks has become one of the Read More →
Ventura County man ordered to pay $1 million to 111 victims of investment scam
A Ventura County man who pled guilty to orchestrating a sports products investment scheme was ordered to pay more than $1 million to 111 victims. Gilbert Infante admitted to 13 felony counts of securities fraud and identity theft and was sentenced to eight years in prison, the Ventura County District Attorney’s Office announced on July Read More →
