Amgen CEO to step down
Kevin Sharer, chairman and CEO of Amgen, is set to retire in May, the Thousand Oaks-based company said on Dec. 15. Current president and chief operating officer Robert Bradway will become the company’s new CEO. Sharer led Amgen, the largest private-sector employer in Ventura County, for 11 years. He oversaw the company’s transition from the Read More →
ITT shuts T.O. facility, ATK expands in Goleta
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Berkshire Hathaway buys Topaz project
The 550-megawatt Topaz solar project in northern San Luis Obispo County landed an endorsement from Warren Buffett on Dec. 7 when a unit of Berkshire Hathaway announced it was acquiring the project from Arizona-based First Solar.
Lenco Mobile proposes $42M merger deal
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Lab taps graphene for computer chips
Depending how scientists manipulate graphene, it can be a better conductor of electricity than copper or a better-insulated semiconductor than silicon.
Weeding out weed: EST device sniffs out medical marijuana
In a laboratory in Newbury Park, a team of engineers has taught a machine to take a big whiff of pot.
Defense firm to cut 170 jobs in Thousand Oaks
A defense contractor is cutting about 170 jobs in Thousand Oaks as it shutters a facility that made signal jammers to prevent IED attacks during the Iraq war. McLean, Va.-based ITT Exelis’ electronic systems division operated a factory with about 215 employees on Willow Lane in Thousand Oaks. About 45 of those workers will be Read More →
