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Miramar green-lighted, but Caruso not happy with restrictions

By   /  Thursday, January 22nd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  No Comments

At a Jan. 21 Montecito Planning Commission meeting that lasted well into the evening, developer Rick Caruso was ultimately given the OK for his redesigned Miramar project. However, the commission attached a few conditions to the approval, which didn’t sit well with the founder of one of the largest privately held real estate companies in […]

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Ventura County firms collect $2.7M in tax credits, set to create 500 jobs

By   /  Tuesday, January 20th, 2015  /  Latest news, Top Stories, Tri-County Economy  /  No Comments

Two Ventura County companies are receiving $2.7 million in tax credits that could create more than 500 potential new jobs coming to the county.

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QAD, shareholders could pull in $60M with public offering

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

QAD, the Santa Barbara-based software developer, today confirmed the pricing for its recently announced public stock offering. The company is offering 3 million shares of Class A common stock at $20.00 per share. One million shares included in the sale are being offered by controlling stockholders Karl Lopker and Pamela Lopker. Additionally, QAD has granted […]

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Amgen’s moves could signal a post-Thousand Oaks future

By   /  Friday, January 16th, 2015  /  East Ventura County, Latest news, Technology, Top Stories  /  No Comments

Amgen scientists Nessa Hawkins, left, and Robert Kurzeja pose in the company's lab in Thousand Oaks. (Bloomberg News file photo)

On the back of its strong financial performance in 2014, Amgen, the Tri-Counties’ largest private employer, is set to begin shifting research operations away from its Thousand Oaks headquarters.

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Simi, Ventura put a stop to new massage parlors

By   /  Friday, January 16th, 2015  /  East Ventura County, Latest news, Law, Small Business, Top Stories  /  No Comments

The move came following the expiration of a state law that was ultimately incapable of stemming the proliferation of parlors that operate illegally by offering clients erotic add-ons to run-of-the-mill rub-downs.

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Paso wine country gets drought relief with early storms

By   /  Friday, January 16th, 2015  /  Central Coast, Columns, Latest news, Top Stories, Wine & Viticulture  /  No Comments

The 6.5 inches of rain that have fallen in the Paso Robles area so far have done much to leach out an accumulation of salts in the root zones that has stressed the vines and lowered wine grape yields.

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Santa Barbara County bets $150K on economics of vitality

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Top Stories  /  No Comments

A new task force will be responsible for coordinating countywide efforts for growth, from working with tech startups along the South Coast to developing and drawing in business to the northern region of the county.

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