SoCalTech founder: It’s hard out there for startups in a pandemic
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From the archives: J.D. Power’s entry into the Business Times Hall of Fame
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Obituary: Dave Power, auto quality and consumer research pioneer
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 →
Stop-and-start reopening starts again
Restaurants are open outdoors again, as California is back under the county-by-county tiered reopening system after more than a month under a stay-at-home order that split the state into five regions. Ventura, Santa Barbara and San Luis Obispo counties are all again in the state’s purple tier, the most restrictive one, as cases in the Read More →
Teledyne earnings report shows best-ever performance in 2020
Teledyne Technologies beat analysts’ expectations when it announced its fourth quarter results Jan. 27, with a slight decrease in revenue but a bump in net income compared to the same quarter a year earlier. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported earnings per share of $3.48 for the fourth quarter of 2020, up Read More →
Obituary: PennyMac founder Stanford Kurland
EDITOR’S NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. Stanford Kurland made a fortune from his first foray into mortgage banking, and his timely exit from Countrywide Financial came just before the housing bubble burst. His second foray made him even richer, but it also Read More →
California lifts stay-home orders as ICU capacity grows; COVID remains “widespread” in region
California Gov. Gavin Newsom lifted the state’s regional stay-home orders Monday morning, paving the way for the return of outdoor restaurants service and a few other business activities. Ventura, Santa Barbara and San Luis Obispo counties are now back in the “purple” or “widespread” tier of the state’s color-coded pandemic regulations—the most restrictive level, but Read More →
