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Community West post big first-quarter numbers

By   /  Friday, April 24th, 2015  /  Earnings, Latest news, Top Stories  /  No Comments

Goleta-based Community West Bancshares, parent company of Community West Bank, reported a profit of $1.8 million in the first quarter of 2015. The company recorded a profit of $1.4 million in the same period last year. “Community West’s first quarter accomplishments were a good start to the year as we continue to successfully strengthen our […]

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Universities give business startups some competition

By   /  Friday, April 24th, 2015  /  Latest news, Top Stories  /  No Comments

The team from ShadowMaps took home the grand prize and $20,000 total at last year's UC Santa Barbara New Venture Competition for their cloud-based software that supplements GPS in urban environments. (Photo courtesy UCSB TMP)

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Paso Robles urged to reduce housing permitting barriers

By   /  Friday, April 24th, 2015  /  Columns, Latest news, Real Estate, Top Stories  /  No Comments

The Building, Design and Construction Cluster of the Economic Vitality Corp., a group of building industry professionals in San Luis Obispo County, wants Paso Robles to consider updating its permitting fees to reduce barriers to developing affordable housing. The group, part of the SLO Economic Strategy Project, recently submitted a letter to the city with […]

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Regional banks pluck talent to grow

By   /  Friday, April 24th, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  No Comments

The shifting financial industry landscape has set the stage for increased competition among regional banks trying to snap up local talent and a slice of the mid-size company market. However, some industry experts think the newly consolidated landscape and shrinking number of small banks could close the door on many entrepreneurs and smaller businesses. “For […]

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Comcast, Time-Warner’s $45B deal falls through

By   /  Friday, April 24th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  No Comments

Comcast has dropped its $45 billion bid to acquire Time-Warner Cable. The deal would have more than doubled Comcast’s market share in California and created a Comcast-Cox duopoloy among tri-county cable providers. However, in a statement released today, Comcast Chairman and CEO Brian Roberts said the deal was structured so that both companies could walk […]

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Intel funding validates virtual reality business

By   /  Friday, April 24th, 2015  /  Latest news, Technology, Top Stories  /  No Comments

The WorldViz virtual reality atmosphere is navigated by users using this wand.

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Smart & Final bulking up in Oxnard shopping center

By   /  Thursday, April 23rd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, West Ventura County  /  No Comments

Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly […]

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