March 22, 2024
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Latest

Region’s unemployment rate flat in January as COVID surged

By   /  Friday, March 12th, 2021  /  Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s unemployment rate flat in January as COVID surged

The tri-county region’s unemployment rate was 7.4% in January, the same as in December, as the region and state endured the second month of the winter COVID-19 surge. California’s unemployment rate was 9% in January, down from 9.3% in December, according to data released March 12 by the state Employment Development Department. The national unemployment Read More →

Latest

Ventura County picks new Health Care Agency director

By   /  Thursday, March 11th, 2021  /  East Ventura County, Health Care & Life Science, Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County picks new Health Care Agency director

Barry Zimmerman, the chief deputy director of the Ventura County Health Care Agency, has been selected as the next director of the agency. Ventura County Executive Officer Mike Powers selected Zimmerman after a nationwide recruitment, the county said in a March 11 news release. Zimmerman, a longtime county manager, has been with the Health Care Read More →

Latest

AeroVironment’s revenue, earnings rise in new quarterly report

By   /  Tuesday, March 9th, 2021  /  Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s revenue, earnings rise in new quarterly report

AeroVironment, a drone company based in Simi Valley, saw a steep rise in revenue and a slight increase in net income when the company released its quarterly results on March 9. AeroVironment generated revenue of $78.8 million in the third quarter of its 2020-21 fiscal year, a 27% increase from the same quarter one year Read More →

Latest

Gyms juggle indoor, outdoor operations as region reopens

By   /  Friday, March 5th, 2021  /  Central Coast, East Ventura County, Health Care & Life Science, Latest news, middle, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Gyms juggle indoor, outdoor operations as region reopens

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Latest

Amgen to buy cancer treatment biotech firm for $1.9B

By   /  Thursday, March 4th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to buy cancer treatment biotech firm for $1.9B

Thousand Oaks-based Amgen, one of the biggest biotech companies in the world, will get bigger with the $1.9 billion acquisition of Five Prime Therapeutics, a clinical-stage biotech company developing stomach cancer therapies. Amgen announced the acquisition March 4 and the deal is expected to close by the end of the second quarter of 2021. Under Read More →

Latest

SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley

By   /  Tuesday, March 2nd, 2021  /  Banking & Finance, East Ventura County, Latest news, Law & Goverment, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley

The U.S. Securities and Exchange Commission filed suit on March 2 against Simi Valley-based Airborne Wireless Network and seven of its shareholders and executives, accusing them of orchestrating a $45 million pump-and-dump stock fraud scheme. The lawsuit was filed in federal court in New York. The defendants are Kalistratos Kabilafkas, Timoleon Kabilafkas, Panagiotis Bolovis, Eric Read More →

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AeroVironment’s Mars drone was more than a decade in the making

By   /  Friday, February 26th, 2021  /  East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on AeroVironment’s Mars drone was more than a decade in the making

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