Inphi, a Santa Clara semiconductor company with sizable operations in Thousand Oaks, reported record revenue for the fourth quarter of 2020 and a smaller net loss than the same quarter a year earlier. Inphi, which reported its earnings on Feb. 2, is in the midst of being acquired by Marvell Technology Group, a larger competitor Read More →
Stock of Arcutis Biotherapeutics, a Westlake Village-based company developing dermatological treatments, shot up more than 30% on Feb. 1 after the company released positive results from a recent clinical trial. Later in the day, Arcutis said it plans to sell $150 million worth of its common stock. Before stock trading opened, the company announced positive Read More →
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EDITOR’S NOTE: Business Times subscribers can read our 2014 profile of Dave Power here. James David “J.D.” Power, whose name came to symbolize quality rankings in autos and other consumer products, has died at age 89. He passed away of natural causes on Jan. 23 in Thousand Oaks, according to a statement from the family. Read More →