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Amgen stock tumbles after earnings report

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Biotech, Earnings, East Ventura County, middle, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen stock tumbles after earnings report

Editor’s note: This article was updated at 8:35 a.m. on April 28 with up-to-date information on Amgen’s stock price. Amgen’s shares fell nearly 8% following the company’s April 27 release of its first quarter 2021 earnings, which saw a decline in both revenue and net income compared to a year earlier. Amgen is headquartered in Read More →

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PureSpectrum closes $17M funding round

By   /  Tuesday, April 20th, 2021  /  East Ventura County, Latest news, Startups, Technology, Tri-County Economy  /  Comments Off on PureSpectrum closes $17M funding round

PureSpectrum, an online market research company based in Westlake Village, recently secured $17 million in Series B funding from Arthur Ventures, a Minneapolis-based growth equity firm. The company connects researchers with online survey respondents. It grew out of Hub101, California Lutheran University’s entrepreneurial coworking space, and in the five years since it was created has Read More →

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‘A flawless flight’ for AeroVironment’s Mars drone

By   /  Monday, April 19th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on ‘A flawless flight’ for AeroVironment’s Mars drone

Ingenuity, a helicopter drone developed by Simi Valley-based AeroVironment, made history early in the morning of April 19, becoming the first man-made aircraft to fly on another planet, according to the National Aeronautics and Space Administration. “Goosebumps,” MiMi Aung, NASA’s project manager for Ingenuity, said during a press conference while looking at a video of Read More →

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AeroVironment’s drone still grounded on Mars

By   /  Friday, April 16th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s drone still grounded on Mars

Ingenuity, the helicopter drone developed by Simi Valley-based AeroVironment, has had its first experimental flight on Mars delayed after an error sequence during testing, according to the National Aeronautics and Space Administration. Ingenuity, which landed on Mars on the Perseverance rover in February, was scheduled for its first takeoff on April 11. NASA first rescheduled Read More →

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Latest

Unemployment rate drops again in region and state

By   /  Friday, April 16th, 2021  /  Central Coast, East Ventura County, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Unemployment rate drops again in region and state

Unemployment in the tri-county region dropped to 6.4% in March, the second lowest rate since the pandemic began, according to Business Times analysis of data released by the California Employment Development Department on April 16. The regional and state job markets improved as COVID-19 declined from their January high mark. The tri-county unemployment rate was Read More →

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Moorpark College interim president gets the job on permanent basis

By   /  Thursday, April 15th, 2021  /  East Ventura County, Education, Latest news, Tri-County Economy  /  Comments Off on Moorpark College interim president gets the job on permanent basis

The Ventura County Community College District has named Julius Sokenu as the new president of Moorpark College, the largest community college in the tri-county region. “Dr. Sokenu is a visionary leader who supports the college’s approximately 14,000 students and the faculty and staff,” said VCCD Chancellor Greg Gillespie, in an April 15 press release announcing Read More →

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Adventist Health pays fine over mishandling of patient records

By   /  Wednesday, April 14th, 2021  /  Central Coast Health Watch, East Ventura County, Latest news, Law, Tri-County Economy  /  Comments Off on Adventist Health pays fine over mishandling of patient records

Adventist Health, a hospital and clinic network in Simi Valley, will pay $40,000 as part of a civil settlement over its failure to protect patient medical files. The hospital reached a settlement with the Ventura County District Attorney’s Office on April 9 that includes that penalty, according to a news release from the DA’s office. Read More →

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