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UC sells ag land in Ventura to South Coast homebuilder, proceeds could help fund new research center

By   /  Thursday, July 2nd, 2015  /  Agriculture, Latest news, Real Estate, South Coast, Top Stories  /  No Comments

The roughly 36-acre parcel located at the southeast corner of Saticoy Avenue and Telegraph road was sold to Williams Homes — the top bidder for the land — and comes with entitlements to build a new residential neighborhood.

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Baxter Bioscience becomes Baxalta

By   /  Wednesday, July 1st, 2015  /  East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the […]

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James W. Lokey appointed to board of Community West Bancshares

By   /  Monday, June 29th, 2015  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories, Tri-County Economy  /  No Comments

Veteran community banker James W. Lokey has been appointed to the board of Community West Bancshares, bringing a veteran dealmaker into the Community West ranks and strengthening the Goleta-based bank’s push into San Luis Obispo County. Lokey, a resident of SLO County, was the longtime CEO of Mid-State Bank & Trust and negotiated that bank’s […]

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Refugio oil spill cleanup costs near $100 million

By   /  Saturday, June 27th, 2015  /  Energy, Latest news, South Coast, Top Stories, Tourism  /  No Comments

Patrick Hodgins, director of safety and security for Plains All American Pipeline, answers questions about the Refugio oil spill at the Santa Barbara County Board of Supervisors hearing room Friday. (Alex Kacik)

  Plains All American Pipeline estimates that the cleanup of the oil spill near Refugio Beach has cost $96 million thus far, but the economic and environmental consequences may be more difficult to quantify. The Assembly Natural Resources Committee and Senate Select Committee on the Refugio Oil Spill held a joint oversight hearing at the […]

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Appfolio has successful IPO; stock closes Monday at $13.70

By   /  Friday, June 26th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Robert Greifeld, Nasdaq CEO, left, and Brian Donahoo, AppFolio CEO.

Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 […]

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Trans Pacific Partnership will benefit Tri-Counties

By   /  Friday, June 26th, 2015  /  Central Coast, Editorials, Latest news, Law, Opinion, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

The Obama Administration racked up one of the biggest wins in decades for global trade when it won approval in the Senate to move forward with the Trans Pacific Partnership. The partnership will open the doors for trade and development with a dozen Asian nations. China is not included but passage of TPP, which is […]

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Ventura County Medical Center seismic upgrades on track

By   /  Friday, June 26th, 2015  /  Health Care, Latest news, Top Stories, West Ventura County  /  No Comments

Jack Reddehase, left, project manager for Clark Construction, talks about the new wing being built at Ventura County Medical Center. At right is Matt Ehret, project director of the Ventura County Engineering Services Department.

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