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Semtech to cut jobs

By   /  Monday, January 27th, 2014  /  Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech to cut jobs

Camarillo-based chipmaker Semtech Corp. said Jan. 27 that it is slashing 6 percent of its workforce in anticipation of lower demand for its products in the second half of this year.

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Network Hardware Resale to boost hiring as sales near $300M

By   /  Friday, January 24th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Network Hardware Resale to boost hiring as sales near $300M

CEO Mike Sheldon said the company has been aggressively pursuing a “growth through diversification” strategy, adding maintenance services as well as servers and hard drives to its product lineup.

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Athena Cosmetics launches national push after court ruling

By   /  Friday, January 24th, 2014  /  Health Care & Life Science, Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Athena Cosmetics launches national push after court ruling

A federal appeals court has upheld an order banning Ventura-based Athena Cosmetics from selling its eyelash-boosting products in California but ruled that the firm can resume selling them in the rest of the nation.

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Northrop Grumman CEO christens Cal Poly lab

By   /  Thursday, January 23rd, 2014  /  Central Coast, Technology, Top Stories  /  1 Comment

Wes Bush, the CEO of Northrop Grumman, one of the nation’s largest defense contractors, praised Cal Poly San Luis Obispo for its ability to produce work-ready engineers and called on other CEOs to partner with the school and others like it.

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Lynda.com founder dishes details over breakfast

By   /  Thursday, January 23rd, 2014  /  Latest news, South Coast, Technology  /  Comments Off on Lynda.com founder dishes details over breakfast

Lynda.com founder and executive chair Lynda Weinman put new details behind the explosive growth of her digital education company during remarks at the California Lutheran University Corporate Leaders Breakfast.

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Amgen reports positive trial results for high-cholesterol treatment

By   /  Thursday, January 23rd, 2014  /  East Ventura County, Health Care & Life Science, Latest news, Technology  /  Comments Off on Amgen reports positive trial results for high-cholesterol treatment

The portion of Amgen’s Phase 3 trial of evolocumab that evaluated patients with high cholesterol who cannot tolerate statins has met goals related to percent reduction of low-density lipoprotein cholesterol.

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Teledyne shares dip despite jump in Q4 profits

By   /  Thursday, January 23rd, 2014  /  Earnings, East Ventura County, Latest news, Technology  /  Comments Off on Teledyne shares dip despite jump in Q4 profits

Shares of defense and industrial conglomerate Teledyne Technologies sank 1.6 percent in midday trading on Thursday despite higher sales and profits from the Thousand Oaks-based firm.