CLU economists predict downturn worse than Great Recession
California Lutheran University’s economic forecast group is warning that policymakers have limited options to head off a downturn that could be worse than the Great Recession. In an update to recent forecasts, the Center for Economic Research & Forecasting warns that massive stimulus efforts may not help speed a recovery if “countless numbers of small Read More →
Read More →T.O. industrial building sold for biotech lab redevelopment
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Read More →Tri-county stocks end week with mixed results
Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak. Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →
Read More →Plains oil spill settlement to fund Gaviota restoration
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Read More →MannKind adapting technology for coronavirus
Westlake Village-based MannKind became the latest company to turn its efforts toward treating the COVID-19 pandemic, with the announcement of a collaboration with a Los Angeles firm that aims to adapt its inhalable drug delivery technology to combat the respiratory infection. The company best known for its inhalable insulin product Afrezza said it would reorient Read More →
Read More →Mintz: Personal responsibility and the coronavirus
By Steven Mintz As the number of COVID-19 cases continue to grow and the death toll mounts, we should use our experiences so far to evaluate our personal responsibilities to each other and whether the government has met its burden in handling the crisis. Why does this matter? Our society depends on communal efforts to Read More →
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