Tri-county stocks fall after Britain votes to exit EU
Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →
Read More →Businesses must function autonomously
By Linda-Marie Sundstrom In 2015, point-of-sale computers at Starbucks went down — resulting in outages at 8,000 stores in the United States and Canada. Baristas were unable to accept payment for drinks so they either gave the product away or closed their stores. They couldn’t function autonomously. During disasters, businesses can find themselves without power, Read More →
Read More →Policy normalization must continue
By Dan E. Hamilton Since 2008, the Federal Reserve has been engaged in an unprecedented experiment, one without any economic theory to recommend it. Its policies are internally inconsistent. Some work to restrict credit. Others ease credit. The 2007 failure of New Century Financial, a leading subprime lender, did not derail the economy. However, when Read More →
Read More →Ventura County leader in water management
By Matthew Fienup As forecasts of torrential El Nino rains have given way to the hard reality of another year of drought on the Central Coast, calls to punish farmers or to seize farmers’ water are once again being voiced. Not only do these calls embody ignorance of California water law, but in Ventura County Read More →
Read More →Tap the potential of international trade
By Gerhard Apfelthaler I have been in international business for most of my life. My multiple and often parallel careers as an educator, a university administrator, a diplomat and an entrepreneur have enabled me to look at the same topic from a variety of angles. When I discuss the landscape of global trade with my Read More →
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