Amgen shares drop after earnings release and disclosure of $5B tax dispute
When Thousand Oaks-based Amgen released its financial results for the first quarter of 2022 on April 27, the biggest surprise didn’t come from its dip in net profits or rise in revenue, but from a tax dispute with the Internal Revenue Service. Amgen said it received a notice of deficiency from the IRS on April Read More →
Teledyne reports record revenue, earnings beat in Q1
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Orfalea reflects on childhood, Kinko’s sale, and his ‘one measure of success’
Paul Orfalea still hasn’t forgiven the alphabet. “I think it’s chickenshit, the alphabet,” the Kinko’s founder told a lunchtime meeting of the Rotary Club of Ventura-South on April 25, at the Tower Club atop the Topa Financial Plaza in Oxnard. “ ‘GH’ is an ‘F,’ ‘PH’ is an ‘F’, and ‘F’ is an ‘F.’ Why Read More →
Agriculture, medical tech win big at AngelCon
San Luis Obispo-based AcreCloud won $135,0000 in cash at the fifth annual AngelCon April 21, hosted by The Cal Poly Center for Innovation for Entrepreneurship Small Business Development Center. AcreCloud was one of two agriculture technology companies in this year’s six-group lineup, specializing in a farm-management platform that gives growers and contractors customized control over Read More →
Santa Barbara plant-based food startup raises $5.6M in seed round
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Little Dom’s makes a big splash in Carpinteria
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Green Hills Software founder launches run for U.S. Senate
Dan O’Dowd has been a staple of the Santa Barbara business community for decades, founding Green Hills Software in 1982 and building it into a multimillion-dollar company. Now he has his sights set on something bigger: the United States Senate. O’Dowd announced April 19 that he is running for a Senate seat from California. He Read More →
