The Trade Desk stock up 8 percent as firm sells 5 million shares
Shares of Ventura-based The Trade Desk jumped 8 percent to $35.00 as the company announced the launch of a 5 million share offering by current investors. At the company’s closing price on Feb. 21, the offering would have a gross value of around $165 million before a possible 10 percent overallotment, as disclosed in the Read More →
Genentech sues Amgen over biosimilar drug info
Roch AG subsidiary Genentech filed a lawsuit against Amgen claiming the Thousand Oaks-based company obstructed its investigation of whether the biosimilar Amgen is developing for Genentech’s cancer treatment Avastin violates the company’s patents, according to reports Feb. 20. Sales for Avastin, a treatment for lung, colon, ovarian and other types of cancer, reached $6.8 billion Read More →
Groundwater management deadline nears
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Master sommelier pours talents into winemaking in Los Olivos
Anyone who has seen the 2012 movie “Somm” can appreciate how incredibly difficult it is to earn the badge of master sommelier. The documentary follows four candidates among more than 50 studying with near-fanatical devotion for the supremely challenging, three-part exam to become members of the Court of Master Sommeliers. Only six passed. That’s a Read More →
Ojai company leads way to reliable, clean energy
By Jan Dietrick The Feb. 10 article in the Pacific Coast Business Times, “Power to the people: SimpliPhi to double production at Ojai battery storage plant,” about how the Ojai company is positioning itself for growth, can be viewed through the lens of current trends in energy policy. Policy-makers in California and Washington, D.C., should Read More →
Profits should not be considered a dirty word
By Lee Schuh My wife and I recently overheard a boisterous group of 20-something women bemoan the evils of profit while we ate an early dinner at our favorite restaurant. They blamed their poor-paying jobs on those who get the profits. They complained that these profit-takers are the only ones benefiting in this society. The Read More →
Our view: State needs to be smarter about water infrastructure
The dam was declared totally safe. The collapse was totally unexpected. This month’s emergency evacuation of 200,000 people below the troubled spillways at the Oroville Dam in Northern California recalled memories of a disaster right in our backyard. On March 2, 1928, as many as 600 people, many of them residents of Ventura County, died Read More →
