May 28, 2024
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Ventura County oil fight won’t end this year

By   /  Friday, February 12th, 2021  /  Agribusiness, East Ventura County, Energy, Latest news, Law & Goverment, right, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County oil fight won’t end this year

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Conejo Valley braces for Amgen layoffs

By   /  Friday, February 12th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Conejo Valley braces for Amgen layoffs

Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2, with fewer than 20% of those workers located in Thousand Oaks. Amgen employs around 22,000 Read More →

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Amgen to lay off hundreds, including in Thousand Oaks

By   /  Monday, February 8th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to lay off hundreds, including in Thousand Oaks

Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2. Less than 20% of those workers are located in Thousand Oaks. Amgen employs around 22,000 Read More →

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Dubroff: Today’s tech titans owe a debt to Dave Power

By   /  Monday, February 8th, 2021  /  Columns, East Ventura County, Latest news, Tri-County Economy  /  Comments Off on Dubroff: Today’s tech titans owe a debt to Dave Power

Henry Dubroff

Big data. Brand value. Customer satisfaction. In the 21st century, these are crucial elements for success in business and they have driven the growth of the technology titans that dominate our everyday lives. But Jeff Bezos, Tim Cook, Mark Zuckerberg and countless others owe a debt to J.D. “Dave” Power, who laid out the design Read More →

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Amgen shares slip after projections of flat 2021 sales

By   /  Friday, February 5th, 2021  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen shares slip after projections of flat 2021 sales

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PennyMac reports earnings jump, tops $2B in income in 2020

By   /  Thursday, February 4th, 2021  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on PennyMac reports earnings jump, tops $2B in income in 2020

PennyMac Financial Services hit a record high with pretax income of more than $2 billion last year as the company saw a sharp increase in both its fourth quarter and year-end results. The Westlake Village-based mortgage firm reported a net income of $452.8 million for the fourth quarter of 2020, or $5.97 per share on Read More →

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Amgen reports rising revenue, warns of flat 2021

By   /  Tuesday, February 2nd, 2021  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen reports rising revenue, warns of flat 2021

Amgen, one of the world’s largest biotech companies, saw rising revenue in the fourth quarter of 2020, but the COVID-19 pandemic could dampen the outlook for the company and its investors in 2021, according to earnings released Feb. 2. The Thousand Oaks-based biotech firm had $6.6 billion in revenue in the fourth quarter, a 7% Read More →