LTC Properties announces monthly dividend of 18 cents per share

Westlake Village-based LTC Properties has declared a monthly cash dividend on its common stock for the third quarter of 2016. The dividend will be 18 cents per common share per month for July, August and September 2016, payable on July 29, Aug. 31 and Sept. 30, 2016, respectively, to stockholders of record on July 21, Read More →
Inphi sells memory product business for $90 million

Inphi sold its memory product business to Rambus for $90 million in cash June 30. The Santa Clara-based company, which designs chips aimed at packing more memory onto Internet servers and increasing bandwidth, employs a large engineering force in Thousand Oaks. The sale will allow it to focus on its communications business, Inphi said in Read More →
Hill: Planning for a post-Diablo Canyon future

By Adam Hill As the news of the deal that will close Diablo Canyon continues to reverberate through our community, it’s critical that we begin to plan now for our post-Diablo future. We simply can’t afford to be apathetic or to behave like a broken-hearted lover bemoaning co-dependency. This is perhaps the best test yet Read More →
Sohn: Brexit will drag down global economy

By Sung Won Sohn The global financial tsunami has begun. The United Kingdom’s vote to split from the European Union marks the first divorce in EU history, so there is no precedent to estimate the magnitude of economic pain in store for the U.K., the EU or the rest of the world. Most likely it Read More →
State budget to fund more UC campus startup incubators

Startups around the state got a boost with the stroke of Gov. Jerry Brown’s pen June 27 when he signed the state’s $171 billion budget. Included was $22 million earmarked for startup incubators at all 10 UC campuses. Assemblywoman Jacqui Irwin, D-Thousand Oaks, proposed the initiative, which will give $2 million every year for three Read More →