Amgen to lay off 300 U.S. workers
Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →
Teledyne caps off strong year with record-breaking fourth quarter
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Arcutis share up after earnings report; company reports mounting losses but progress toward FDA approval
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With mask mandates lifted and cases dropping, region ponders pandemic’s next phase
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Thousand Oaks Rams? City, CLU want to keep champs practicing in town
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LTC reports dip in Q4 earnings
Westlake Village-based real estate investment trust LTC Properties on Feb. 17 reported a 27% year-to-year decline in fourth quarter net income for 2021, in financial results released after the market closed on Feb. 17. The company’s net income was $12.7 million, or 32 cents per diluted share, in the fourth quarter of 2021, down from Read More →
Energy Vault shares drop 19% in first day on NYSE
Westlake-Village based Energy Vault began trading on the New York Stock Exchange at the opening bell on Feb. 14, but its shares struggled, dropping 18.7% on the first day as the market as a whole was down slightly. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began Read More →
