Puente Power Project needed and should be approved

By David Grau NRG Energy is proposing to build a new power plant at its existing Mandalay Generating Station on Harbor Boulevard at the beach. The plan, called the Puente Power Project, calls for the new plant to replace two existing facilities that are required by state law to discontinue by 2020. This proposal will Read More →
Involve your children in philanthropy

By Mike Feldman Over the next few decades, an estimated $30 trillion is expected to pass from baby boomers to their heirs in the biggest wealth transfer in history. Unfortunately, most family wealth is earned and lost within three generations. Engaging the younger generations in philanthropic efforts is one way to prepare them for future Read More →
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 →