Opinion: Supporting women entrepreneurs in a time of crisis
By Dawn Golik and Ben Raju Each March, during National Women’s History Month, as we honor the contributions of women, the U.S. Small Business Administration recognizes the importance of female entrepreneurs. There are more than 1.1 million women-owned businesses with employees in the United States, employing 9.4 million workers. Female entrepreneurs are an economic powerhouse Read More →
Semtech shares drop despite earnings beat
Semtech, a Camarillo semiconductor company specializing in Internet of Things applications, finished the 2020-21 fiscal year strong, beating analysts’ expectations and capping off a record-setting year. Semtech reported net sales of $164.1 million in the quarter ended Jan. 31, a 19.3% increase from the same quarter a year before, the company said in its fourth Read More →
Ventura County drops last remaining COVID lawsuits
The Ventura County Board of Supervisors has voted to dismiss the county’s remaining five lawsuits against businesses that were not complying with COVID-19 regulations. The county brought lawsuits against 13 gyms and restaurants earlier this year when it found those businesses holding indoor or outdoor operations against local and state health orders. It dropped eight Read More →
Faulkner Farm site in Santa Paula sells for $3.7M
Faulkner Farm in Santa Paula, the home of the University of California’s Hansen Agricultural Research and Extension Center, sold for $3,700,001, one dollar more than asking, when escrow closed on March 5. The farm was put up for sale in September, after the UC Division of Agriculture and Natural Resources decided to move its agricultural Read More →
Velocity Financial recovers from pandemic with strong fourth quarter
Velocity Financial saw its net income increase slightly from 2019 to 2020, even though the company’s loan production operations were suspended for more than half the year. The Westlake Village-based real estate finance company saw its net income go up 3%, from $17.3 million in 2019 to $17.8 million in 2020, according to earnings released Read More →
Interlink reports profitable 2020
Interlink electronics, a sensor tech manufacturer with major operations in Camarillo, reported rising net income on March 16 for the fourth quarter and full year of 2020. Net income for the fourth quarter was at $53,000, or 1 cent per share, a better mark than the same quarter of 2019, when Interlink reported a loss Read More →
Oxnard company to pursue therapeutic psychedelics
Oxnard-based Cure Pharmaceutical announced plans on March 16 to use its oral film technology to deliver LSD and other psychedelic substances to treat mental health disorders. Cure owns the CBD company Sera Labs, and Cure has used its dissolving thin film platform, Curefilm, to deliver CBD and other cannabis compounds. Cure has a license from Read More →
