Oil workers file lawsuit against Plains All American Pipeline
Energy, Latest news, Law & GovermentA lawsuit representing oil industry workers who were laid off following the Refugio oil spill was filed against Plains All American Pipeline, Santa Barbara-based law firm Cappello & Noel recently announced. Richard Lilygren, who has worked on the offshore oil platforms near Santa Barbara for more than a decade, filed the lawsuit in U.S. District Court on Read More →
Amgen licenses cancer drug to NatPharma
Latest news, Tri-County Public CompaniesAmgen has licensed an experimental cancer drug to a Chicago biotech company founded and controlled by billionaire Patrick Soon-Shiong. NatPharma LLC is licensing the rights to AMG 337 from Thousand Oaks-based Amgen to develop and sell AMG 337. The drug is an experimental, phase-two cancer treatment. The licensing agreement is the second between Amgen and Read More →
Goleta-based Deckers hits 52-week low for stock price
Latest news, Tri-County Public CompaniesGoleta-based Deckers Brands hit a 52-week low on Sept. 11 when it briefly fell to $59.62 per share. It closed Sept. 14 at $61.10. Shares of Deckers dropped about 33 percent so far this year from $89.74 on Jan. 2 before it closed at $60.65 on Sept. 11. Investment research firm Zacks said weak earnings Read More →
CIO Solutions opening San Luis Obispo office
Central Coast, Latest newsCIO Solutions, a Goleta-based computer consulting and management-company, will officially open a new office in downtown San Luis Obispo on Sept. 21. A ribbon cutting will be held at 4:30 p.m. at the new office at 864 Osos St. with members of the San Luis Obispo City Council and the chamber of commerce. The company Read More →
Ventura County Community Foundation lays off staff, suspends Center for Nonprofit Leadership
Latest news, NonprofitsThe Ventura County Community Foundation has laid off a number of staff members and indefinitely suspended its Center for Nonprofit Leadership. Shortly after bringing in new foundation management earlier this year, an independent financial consultant found there’s been a “lack of focus and professional procedures,” said Vanessa Bechtel, president and CEO of the Ventura County Read More →
Grocer Haggen files for Chapter 11 bankruptcy
Latest newsWashington-based Haggen, the West Coast regional grocer, announced late Sept. 8 that it filed for Chapter 11 bankruptcy in an effort to reorganize. The company received $215 million in debtor-in-possession financing from its lenders to maintain its existing operations, according to a news release. “After careful consideration of all alternatives, the company concluded that a Read More →
