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CPUC OKs construction of NRG Energy’s Puente Power Project in Oxnard

By   /  Thursday, May 26th, 2016  /  Energy, Latest news, Technology  /  No Comments

NRG Energy’s Mandalay Generating Station along Oxnard’s shores would be replaced if state officials approve the project.

The California Public Utilities Commission greenlit Oxnard’s Puente Power Project at a May 26 meeting in San Francisco. In a 5-0 vote, the commission unanimously approved a contract between Southern California Edison and Houston-based NRG Energy to build a 262-megawatt peaker plant on the site of the 57-year-old Mandalay Generating Station. Over the past several Read More →

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Deckers Brands CEO retiring; earnings per share nose dive

By   /  Thursday, May 26th, 2016  /  Earnings, Latest news, Tri-County Public Companies  /  No Comments

Despite record-breaking profits last year, Ugg boot parent company Deckers Outdoor Corp. expects earnings to flatline this year, partly because of higher prices for sheepskin, the key raw material in its signature boots.

Goleta-based Deckers Brands beat quarterly revenue estimates but still posted a loss of 73 cents per share when the company reported fourth quarter and fiscal year 2016 earnings results May 26 as unseasonably warm weather ate into profit margins. Deckers’ sales increased 11 percent during the quarter from $340.6 million in 2015 to $378.6 million Read More →

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2016 Champions in Health Care announced

By   /  Wednesday, May 25th, 2016  /  Latest news  /  No Comments

ChampionsCover-2016webSmall

  The Pacific Coast Business Times announced its 2016 Champions in Health Care. The special report published May 20. The winners will be honored at a luncheon on Thursday, June 9 at the Topa Tower Club from 11:30 a.m. to 1:30 p.m. The luncheon will feature a panel discussion with all nine winners. Congratulations to Read More →

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EVC of SLO County rolls out Economic Dashboard

By   /  Friday, May 20th, 2016  /  Central Coast, Latest news  /  No Comments

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The Economic Vitality Corp. of San Luis Obispo County launched a web-based Economic Dashboard to give residents and businesses a quick look at the area economy. The dashboard will get quarterly updates and it focuses on 24 key indicators for the county. EVC Chair Bruce Ray said it was “the only resource of its kind Read More →

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Ventura’s Biodico gets $1.2 million grant farm electricity project

By   /  Friday, May 20th, 2016  /  Agriculture, Energy, Latest news  /  No Comments

New-Biodico

Ventura biofuel company Biodico received a $1.2 million grant from the California Energy Commission for its solar, wind and bioenergy project, “Zero Net Energy Farms.” Through the project, Biodico plans to generate enough electricity to power a farm onsite and reduce greenhouse gas emissions. The grant was awarded through the CEC’s Electric Program Investment Charge Read More →

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Sports Authority closing all stores, including 6 in Tri-Counties

By   /  Thursday, May 19th, 2016  /  Latest news, Real Estate  /  No Comments

Sports Authority

Sports Authority plans to close all of its 463 stores, including six in the Tri-Counties, according to documents filed in bankruptcy court in Delaware. Tiger Capital Group, Gordon Brothers Group and Hilco Trading Co. won the May 16 auction with a joint bid for the assets of the struggling chain, which has racked up more Read More →

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Latest

Amgen subsidiary discovers rare gene that could reduce heart attack risk

By   /  Thursday, May 19th, 2016  /  Health Care, Latest news, Technology  /  No Comments

Thousand Oaks-based biotech giant Amgen is the region's largest private employer and only blue-chip stock. (Amgen courtesy photo)

An Amgen subsidiary may have found a rare gene that could drastically reduce the risk of heart attacks in the future. DeCode Genetics, an Iceland-based subsidiary of Thousand Oaks biotech giant Amgen, uncovered a rare and unknown genetic variation in some people that could reduce the risk of heart attacks and lower cholesterol. The variant Read More →

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