Semtech sales up 11 percent, company says in first quarter earnings report
Semtech sales increased 11 percent, the company said when it reported first quarter fiscal year 2017 earnings June 1. Semtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, said revenues increased from $130 million in 2016 to $131.1 million in 2017. Net income increased from a loss of $142,000 during the same quarter in 2016 Read More →
Westmont College alumnus mourned after UCLA shooting
A Westmont College alumnus was the victim of an apparent murder-suicide at UCLA on June 1 in a dispute over intellectual property. William Klug, an associate professor of mechanical and aerospace engineering at UCLA, was killed in the shooting which left Klug, 39, and the shooter, Mainak Sarkar, dead. Sarkar was a former graduate student Read More →
Arraignment on Plains oil spill criminal charges continued
The arraignment of Plains All American Pipeline and its employee involving criminal charges stemming from last year’s Refugio oil spill was continued until June 30. Following the arraignment on the morning of June 2, the first 11 pages of the California grand jury indictment were made public. It included four felony charges and 42 misdemeanors. Read More →
New labor rules may create permanent underclass of businesses
America’s small business owners are a resilient group. We’ve put up with increased regulation, the financial crisis, the credit crunch, unsound fiscal policy and political gridlock. But since 2004, the total number of U.S. small businesses has been in decline – there have not been enough new business starts to replace companies that were sold Read More →