Ventura’s Biodico gets $1.2 million grant farm electricity project
Agribusiness, Energy, Latest newsVentura biofuel company Biodico received a $1.2 million grant from the California Energy Commission for its solar, wind and bioenergy project, “Zero Net Energy Farms.” Through the project, Biodico plans to generate enough electricity to power a farm onsite and reduce greenhouse gas emissions. The grant was awarded through the CEC’s Electric Program Investment Charge Read More →
Sports Authority closing all stores, including 6 in Tri-Counties
Latest news, Real EstateSports Authority plans to close all of its 463 stores, including six in the Tri-Counties, according to documents filed in bankruptcy court in Delaware. Tiger Capital Group, Gordon Brothers Group and Hilco Trading Co. won the May 16 auction with a joint bid for the assets of the struggling chain, which has racked up more Read More →
Amgen subsidiary discovers rare gene that could reduce heart attack risk
Health Care & Life Science, Latest news, TechnologyAn Amgen subsidiary may have found a rare gene that could drastically reduce the risk of heart attacks in the future. DeCode Genetics, an Iceland-based subsidiary of Thousand Oaks biotech giant Amgen, uncovered a rare and unknown genetic variation in some people that could reduce the risk of heart attacks and lower cholesterol. The variant Read More →
Resonant signs licensing agreement with customer
Earnings, Latest news, Tri-County Public CompaniesResonant may be turning a corner. The company announced it signed a second licensing agreement May 17 with an existing customer. The Goleta-based company is developing smartphone technology called duplexers it intends to license to manufacturers of smartphone technology. Last week, it announced the first revenues in the company’s history when it reported first quarter Read More →
Arthur J. Gallagher & Co. acquires Hogan Insurance Services
Latest newsArthur J. Gallagher & Co. has acquired Hogan Insurance Services in Westlake Village. Terms of the transaction were not disclosed. Formed in 1994, Hogan Insurance Services is a retail insurance broker providing property/casualty, employee benefits, risk management and specialty wholesale insurance services for commercial clients throughout Southern California. They specialize in workers compensation insurance for Read More →
Supreme Court clears way for religious organization workers to get free birth control
Latest news, Law & GovermentThe U.S. Supreme Court announced May 16 that it would not rule on a case regarding religious organization workers’ access to free birth control. It is looking to lower courts to explore a compromise. The Zubik v. Burwell case discusses whether freedom is infringed by an Obama administration rule regarding contraceptive coverage under the Affordable Care Read More →
Qualstar revenues down 23 percent during first quarter
Earnings, Latest news, Technology, Tri-County Public CompaniesQualstar revenues sunk during the first quarter, the company reported May 12. Simi Valley-based Qualstar is an electronics manufacturer that specializes in data storage and power supplies for telecom, broadcast and gaming industries, among others. Revenues sank 23 percent during the quarter from $2.8 million in 2015 to $2.1 million in 2016. Net losses decreased Read More →
