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Amgen shares slide on lackluster Q1 profits

By   /  Tuesday, April 22nd, 2014  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  No Comments

Shares of Amgen fell nearly 3 percent in late trading on Tuesday following a weaker-than-expected first quarter earnings report from the world’s biggest biotech company.

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The eyes have it when it comes to Medicare payouts

By   /  Monday, April 21st, 2014  /  Central Coast, East Ventura County, Health Care, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Of the 3,286 individual doctors in the Tri-Counties who billed Medicare for reimbursements in 2012, fewer than 1 percent received more than $1 million from the federal program.

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Lawsuit alleges Montecito man sold stocks despite FINRA ban

By   /  Saturday, April 19th, 2014  /  Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy  /  No Comments

A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor […]

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Health care prices under scrutiny in Sansum-Cottage merger

By   /  Friday, April 18th, 2014  /  Health Care, South Coast, Top Stories, Tri-County Economy  /  No Comments

Santa Barbara Cottage Hospital is part of Cottage Health System, which plans to merge with Sansum Clinic, a physician network. (Business Times file photo)

As the regulatory review of the proposed merger between Cottage Health System and Sansum Clinic  stretches to the six-month mark, a recent federal court ruling points out key issues that arise when a dominant hospital system buys a major physician group. In an Idaho case decided earlier this year, the Federal Trade Commission intensely focused […]

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A dose of kindness: Vitamin Angels celebrates 20 years

By   /  Friday, April 18th, 2014  /  Nonprofits, South Coast, Top Stories, Tri-County Economy  /  No Comments

A Peruvian mother and her children in one of the communities that Santa Barbara-based nonprofit Vitamin Angels, which distributes nutrients, works with. (photo courtesy of Matt Dayka/Vitamin Angels)

  The 1994 Northridge Earthquake turned Howard Schiffer’s priorities upside-down. After spending years as an entrepreneur in the natural products industry, the earthquake’s aftermath, particularly among marginalized communities, left Schiffer feeling helpless. He was also forced to confront the broader impacts his merchandise could have on public health. Using his business connections to secure product […]

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A premium on historic Oxnard: Barkley buys Bank of A. Levy site

By   /  Friday, April 18th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Al Barkley, left, and his son Griffin and wife Rebecca inside the historic Bank of A. Levy builing in downtown Oxnard. Al and Rebecca purchased and refurbished the property at 143 W Fifth St. and now lease it the family firm, Barkley Insurance & Risk Management.

A historic bank building in downtown Oxnard is now home to Barkley Insurance & Risk Management, a 20-year-old family firm.

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Tuning in to the Tri-Counties: KEYT, KCOY team on news coverage

By   /  Friday, April 18th, 2014  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  No Comments

KEYT General Manager Mark Danielson said investments by Missouri’s News-Press & Gazette Co. will result in better coverage. (Nik Blaskovich photo)

Under a deal announced last year, CBS affiliate KCOY’s news will be produced under a shared-services agreement with Santa Barbara-based ABC affiliate KEYT. Journalists on the ground in Santa Maria will contribute to a live newscast from studios in Santa Barbara, replacing the old setup in which the evening KCOY newscast is produced in Salinas at station KION.

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