On March 9, a company memo announced its plans to shutter San Francisco facilities once belonging to Onyx Pharmaceuticals and lay off 300 employees there.
Real estate developer and art collector William Rolland is pledging up to $4 million to California Lutheran University for a new art department building. According to the university, CLU will cover the remaining $4 million needed to fund the development of a 25,000- to 30,000-square-foot art center on the Thousand Oaks campus to be named Read More →
Amgen, the nation’s biggest biotech company, reported fourth-quarter profits that beat analysts’ estimates, aided by a tax benefit and higher-than-estimated sales of arthritis drug Enbrel.
On the back of its strong financial performance in 2014, Amgen, the Tri-Counties’ largest private employer, is set to begin shifting research operations away from its Thousand Oaks headquarters.
The move came following the expiration of a state law that was ultimately incapable of stemming the proliferation of parlors that operate illegally by offering clients erotic add-ons to run-of-the-mill rub-downs.
Despite the optimism from nostalgic gas prices and an encouraging unemployment rate, issues including lack of water, troubled global economy, and looming interest hikes still threaten the Tri-Counties’ 2015 economic outlook.
SCE started notifying authorities of the undisclosed facilities after discovering it had not submitted reports for many of its Ventura County facilities through a self-audit.
