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Atara Biotherapeutics angles for $92M, but jobs are scarce

By   /  Friday, August 29th, 2014  /  East Ventura County, Health Care, Technology, Top Stories, Tri-County Economy  /  No Comments

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.

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Firms shape up for success with workplace wellness programs, perks

By   /  Friday, August 29th, 2014  /  Central Coast, East Ventura County, Green Coast, Health Care, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

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After Ventura County court battle, pension tensions endure

By   /  Friday, August 29th, 2014  /  Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  3 Comments

pensiongraphicscreenshot

For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck […]

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Former deputy sues Ventura County over tax break

By   /  Friday, August 29th, 2014  /  East Ventura County, Law, Top Stories, West Ventura County  /  No Comments

A former Ventura County Senior Deputy Sheriff who makes $139,771 a year in retirement is suing the county after his application for a service-connected disability designation that would lower his income tax bill was denied.

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29-acre home development in Fillmore gets council go-ahead

By   /  Friday, August 29th, 2014  /  Central Coast, Columns, East Ventura County, Real Estate, South Coast, Tri-County Economy, West Ventura County  /  No Comments

SunCal, a real estate development company that specializes in large-scale, mixed-use, master-planned communities, recently received final approval of an amended tentative tract map for its 29-acre residential community in Fillmore. The Fillmore City Council voted 5-0 to approve the revised plans at its July 8 meeting, according to a statement from the company. The amendment […]

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Stantec to buy tri-county engineering firm Penfield & Smith

By   /  Thursday, August 28th, 2014  /  Central Coast, East Ventura County, Real Estate, South Coast, Technology, Top Stories, West Ventura County  /  No Comments

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

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Crunchies moves to block takeover bid with Chapter 11 filing

By   /  Tuesday, August 26th, 2014  /  East Ventura County, Latest news, Law, Top Stories  /  No Comments

Westlake Village-based Crunchies Food Co. has filed for Chapter 11 bankruptcy protection, alleging that one of its largest vendors has attempted a hostile takeover of the fast-growing freeze-dried snacks maker.

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