Dubroff: Corporate CEOs emerging as powerful force in politics
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New job formation slowing down in California
A long anticipated slowdown in new job formation occurred this year, California Economic Forecast Director Mark Schniepp said at the 2018 Los Angeles County and Ventura County Economic Outlook on Sept. 7 in Westlake Village. Schniepp attributes the slowdown mainly to an unemployment rate of less than 5 percent. He said a fully employed economy Read More →
Revenues up at Calavo Growers but net income down
Calavo Growers reported a 15 percent increase in its third quarter revenues but net income fell to $8.8 million, or 50 cents per share, down from $12.7 million and 73 cents per share for the previous third quarter. The Santa Paula company’s Renaissance Food Group saw a 24 percent increase in revenue, but cost of Read More →
Study finds Amgen asthma drug is effective
An asthma drug being developed by Thousand Oaks-based Amgen and AstraZeneca showed significant yearly reduction for patients, according to a study published in the New England Journal of Medicine Sept. 6. Patients with severe, uncontrolled asthma using tezepelumab saw a drop in annual exacerbation compared with patients taking a placebo, Amgen said in a news Read More →
Deckers Brands delays meeting, deadline for director nominations
Deckers Brands, the Goleta maker of Ugg boots, set a Sept. 15 deadline for the nomination of new directors after coming under fire from activist investors who demanded the sale of the company. Filings with the Securities and Exchange Commission on Sept. 5 also pushed the annual meeting back until December. The company told the Read More →
Resonant signs deal with component vendor
Goleta-based electronics manufacturer Resonant announced on Sept. 5 that it had signed an agreement with a component vendor and surface acoustic wave device foundry. The agreement is part of the company’s Infinite Synthesized Network Foundry program and incorporates the vendor’s chip scale packaging and wafer level packaging capabilities, the company said in a news release. Read More →
Community Memorial Health System in Ventura suffers data security breach
The Community Memorial Health System in Ventura has sent out a notice regarding a data security breach involving patient information. A CMHS employee’s email account was compromised by a phishing email and on June 23 the employee saw irregularities in their account and notified the CMHA administration. This prompted an investigation into whether or not Read More →
