California Lutheran University sells seminary property
Higher Education, Latest news, Real EstateStory updated at 2:15 p.m. Sept. 22: California Lutheran University has sold a 10-acre property where its Pacific Lutheran Theological Seminary once operated in Berkeley to Zaytuna College, the only Muslim liberal arts college in the U.S., for $10 million. “We are delighted that the property is going to another nonprofit, faith-based educational institution,” said Read More →
Semtech selling new surge immunity product
Latest newsSemtech announced a new product Sept. 20 aimed at meeting the surge immunity requirements for the telecommunications industry. The Camarillo semiconductor and Internet of Things company began offering a new product on its TClamp platform that protects data interfaces against quick electrical spikes and minimizes capacitive loading. The new product exceeds industry standard requirements and Read More →
California’s economic growth slowing
Latest news, Tri-County EconomyCalifornia’s economic growth has slowed compared to the U.S. economy and the trend of slowing growth will continue over the next two years with GDP growth declining to 2.3 percent, the California Lutheran University Center for Economic Research and Forecasting said in its Sept. 21 forecast. Job growth is expected to drop to 1.3 percent, Read More →
AeroVironment to supply electrical chargers for BMW, Mini
Latest news, Technology, Tri-County Public CompaniesCar makers BMW and Mini selected AeroVironment to supply its electric vehicle chargers, the company announced Sept. 20. AeroVironment, based in Monrovia with operations in Simi Valley, began shipping its TurboCord charger to BMW in May. The 20-foot cord can plug into any 120-volt outlet or charge at 3.6 kilowatts when using a 240-volt outlet, Read More →