A stein among wines
In an area surrounded by vineyards and independent winemakers, Doug Martin picked San Luis Obispo as the spot to start his own beverage-making business. Except Martin took a slightly unconventional route: He’s brewing beer. But he takes an even further unconventional step: He brews his according to Reinheitsgebot, or German Purity Law, and imports all Read More →
Amgen tacks on $8 billion in market cap
Wall Street believes in Amgen again. Shares of the Thousand Oaks-based firm, the world’s largest biotechnology company, jumped 16 percent between market close July 25 and July 28, trading at volumes nearly five times higher than average. With 7,500 employees at its headquarters, Amgen is Ventura County’s largest employer and the Tri-Counties’ largest publicly traded Read More →
Weston Benshoof merging with Atlanta-based firm
Alston & Bird – one of the nation’s largest law firms – has dipped its toe into the Tri-Counties. As a result, six Weston Benshoof Rochefort Rubalcava & MacCuish attorneys in Westlake Village will work for a firm starting Sept. 1. Atlanta-based Alston & Bird merged with Weston Benshoof on July 30; the change becomes Read More →
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Amgen stops bleeding – shares jump
Shares of Thousand Oaks-based Amgen continued to rise July 29, climbing $2.67, or 4.4 percent. Amgen’s stock price began climbing after its top executives raised the 2008 earnings forecast at its quarterly earnings call, which occurred after the markets closed July 28. Before the call, Amgen had performed strongly July 28, even as the Dow Read More →
Spirit award winners make key social contributions
When Nobel Prize winner Muhammad Yunus of Grameen Bank spoke in Santa Barbara earlier this spring, I must confess I was puzzled about his message. He talked about turning traditional banking upside down and creating a new form of business, a so-called “social business” that did not exist just to make a profit. But the Read More →
