First Republic Bank is operational after seizure and sale to JPMorgan Chase
First Republic Bank branches across the country, including the only one in the tri-county region located on Santa Barbara’s State Street, were fully open and operational on May 1 after regulators seized and promptly sold the bank to JPMorgan Chase the same day to avoid any further fallout. The First Republic Bank failure is the Read More →
Amgen’s revenue dips in the first quarter, still beats earnings estimates
Thousand Oaks-based Amgen delivered a sound earnings beat in the first quarter of 2023, the company announced after the markets closed on April 27. Amgen, one of the largest biotechnology companies in the world, generated net income worth $2.8 billion in the first quarter or $5.28 earnings per share. This nearly doubled last year’s first-quarter Read More →
Housing remains a top need for the South Coast
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Mercado: Spring brings out the best in area startups
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Meissner building $250M Georgia plant
Camarillo-based life sciences firm Meissner Corporation is planning to build a second, nearly $250 million manufacturing facility in the United States. The facility will be in Athens-Clarke County, Georgia, which has a modest biotech hub. The project, which the company says is expected to create more than 1,700 jobs over the next eight years, was Read More →
Biotech offices emerging in Thousand Oaks
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