BRIEFCASE AMGEN CAMPUS OPENS IN SEATTLE.Byline: - Staff and Wire Services THOUSAND OAKS - Biotechnology giant Amgen announced the opening Wednesday of a $625 million research and development facility in Seattle. The 750,000-square-foot Helix campus will house more than 750 people that are currently employed at smaller research centers throughout Seattle. Thousand Oaks-based Amgen plans to study the human immune system immune system Cells, cell products, organs, and structures of the body involved in the detection and destruction of foreign invaders, such as bacteria, viruses, and cancer cells. Immunity is based on the system's ability to launch a defense against such invaders. at the new facility. Amgen said its Seattle presence is a result of the Immunex acquisition, which added rheumatoid arthritis drug Enbrel to the company's portfolio. Gas Co. seeking new gas sources In light of possible future natural gas shortages nationwide, Southern California Gas This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Co. announced Wednesday it is proposing a framework to ensure long-term natural gas supplies for California. The Gas Co. said it asked the California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, late Tuesday ``to adopt policies and rules to provide California consumers with increased access to new and diverse sources of natural gas.'' Among other things, The Gas Co.'s filing ``is intended to maximize downward pressure on prices, maximize reliability, and meet expected future gas demand at a reasonable cost for consumers,'' according to a company statement. As California ``faces uncertain and challenging times as it emerges from the grip of the energy crisis of 2000 to 2001, we are asking the CPUC CPUC California Public Utilities Commission CPUC Current Procurement Unit Cost to adopt new policies that will allow us to provide the resources that will help California's economy prosper now and in the future,'' said Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Edwin A. Guiles. He said California consumers would benefit from access to new sources of natural gas supply into California, such as natural gas from the Rocky Mountains and liquefied natural gas liquefied natural gas: see under natural gas. Liquefied natural gas (LNG) A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. . Eid new Hughes vice president EL SEGUNDO - Hughes Electronics Corp. announced the appointment of Susan Eid as vice president of Government Relations on Wednesday. Eid, who most recently served as a legal adviser to Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. Chairman Michael Powell, will be based in Washington, D.C. Eid will oversee all regulatory and legislative affairs for Hughes and its operating companies, including DirecTV. From August 2000 through last August, Eid was a senior public policy adviser to the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. chairman on all media issues, including satellite, broadcast, cable television and broadband issues. Eid was vice president of MediaOne Group - overseeing its Washington, D.C. office - from July 1998 through July 2000. Existing home sales Existing Home Sales An economic indicator of both the number and prices of existing single family houses, condos and co-op sales over a one-month period. Released monthly by the U.S. dwindle WASHINGTON - Sales of previously owned homes fell in January as much of the country was hit by unusually bad winter weather. Existing home sales dropped by 5.2 percent last month to a seasonally adjusted annual rate of 6.04 million units, the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. said Wednesday. That compares with a revised 6.37 million in December, a lower level than initially reported. Last month's sales activity was 2 percent above the 5.92 million pace in January 2003. The record was set in September 2003, with a 6.68 million rate. Low mortgage rates have fueled the housing market, one of the bright spots of the economy. Solid appreciation in home prices alone and a refinancing boom last year revved consumer spending, which accounts for two-thirds of all economic activity in the United States. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion