Bloomberg: Amgen targeted in lawmakers’ probe
Thousand Oaks-based Amgen is among a handful of drugmakers being probed for more information about a deal it reached with the Obama administration to support the health care overhaul Democrats passed in 2010, according to Bloomberg News. The news agency reported on May 4 that a group of Republicans on the House Energy and Commerce Read More →
New firms ready to hatch as Startup Weekend comes to Santa Barbara

Spring startup madness promises to continue into summer as Startup Weekend comes to Santa Barbara after a successful run in San Luis Obispo earlier this year. For the unfamiliar, Startup Weekend is a Seattle-based nonprofit that helps people in cities around the world facilitate events where designers, coders and business minds meet. Once everyone’s together, Read More →
Power-One predicts European solar revival in Q2
Signs of a resurgence in its European market prompted Power-One to project better-than-expected second-quarter profits on May 3 even as it said that first-quarter income dropped 84.1 percent to $4.9 million, or 3 cents per diluted share. Net sales were up 8.3 percent to $225.8 million. The company’s renewable energy division contributed $149 million to Read More →
ValueClick shares drop 22% on Q2 outlook
Shares of online advertising firm ValueClick plunged 22.2 percent after the Westlake Village-based firm projected lower-than-expected second-quarter revenues of between $155 million and $160 million. One analyst told Bloomberg News that the company is reducing traffic in its owned-and-operated website segment. ValueClick reported first-quarter profits of $21.6 million – 27.8 percent above the same quarter Read More →

Ventura startup aims to make real estate sales a social business

Ventura Home Team wants to put a socially responsible spin on real estate selling.