AeroVironment releases pilot program details at expo
Unmanned aircraft systems company AeroVironment published details from its pilot program and debuted a new drone and support system at the World Ag Expo and National Farm Machinery Show Feb. 14 in Tulare, CA. Based in Monrovia, with operations in Simi Valley, the company partnered with farmers and universities to develop a drone that would Read More →
Our view: Puzder ground into political hamburger
Just a day before his confirmation hearing, CKE Restaurants and subsidiaries Carl’s Jr. and Hardee’s CEO Andy Puzder has withdrawn his nomination for secretary of labor. Puzder, a former Santa Barbara resident who was ideologically in step with President Donald Trump, was rapidly losing support from the left as well as the right. And after Read More →
Amgen applies for FDA approval of Blincyto
Thousand Oaks-based Amgen submitted an application for Blincyto to the U.S. Food and Drug Administration, the company announced on Feb. 14. Amgen aims to gain approval for Blincyto to treat Philadelphia chromosome-positive relapsed or refractory B-cell precursor acute lymphoblastic leukemia. The drug was previously granted breakthrough therapy designation and accelerated approval in December 2014. “Acute Read More →
Thousand Oaks Boulevard mixed-use project gets green light
The Thousand Oaks Planning Commission voted 3-1 to move ahead with the specific plan’s first mixed-use project on Feb. 13. Thousand Oaks-based Daly Group aims to turn the former Lupe’s Mexican restaurant at 1710 Thousand Oaks Boulevard into a three-story project featuring 36 apartments and close to 5,000 square feet of commercial space. The apartments Read More →
Mercer Advisors acquires Duckworth Wealth Advisors
Santa Barbara-based investment firm Mercer Advisors acquired Duckworth Wealth Advisors in Newport Beach, the company announced Feb. 13. Mercer acquired Duckworth and its $160 million in client assets for an undisclosed price, creating a combined company with more than $9.6 billion and 6,400 clients nationwide. Duckworth offers investment management, financial planning, estate and tax planning Read More →
Ventura County commercial real estate market ripe for investment
The Ventura County commercial real estate market is ripe for investment, speakers said at the 21st annual CBRE Ventura County and Conejo Valley Commercial Real Estate Symposium and Economic Forecast at the Four Seasons Resort in Westlake Village on Feb. 10. There was $855 million in CRE sales in the Ventura County market in 2016 Read More →
Estate tax changes threaten small businesses
Jim Lisi By Jim Lisi In addition to the disproportionate effect of the estate tax on family farms highlighted by Business Times staff writer Marissa Nall, other estate tax issues are also lurking. In December, the Treasury and Internal Revenue Service held hearings on proposed regulation changes to Section 2704 of the tax code. The Read More →
