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Defense mergers shake the Tri-Counties

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Amgen joins lawsuit to block rule requiring drug pricing in TV ads  

Staff Report I 1 day ago

Thousand Oaks-based biotech Amgen filed a lawsuit alongside other pharma heavyweights and an advertising industry association that aims to strike down a new federal rule Read More →

Moorpark’s ERP Power acquires Lumenetix  

Staff Report I 1 day ago

Moorpark-based LED lighting company ERP Power acquired Scotts Valley-based lighting electronics producer Lumenetix for an undisclosed amount June 18. Lumenetix products tune lighting independently, powering Read More →

Flume working with Cal Poly and SLO on water conservation study  

Staff Report I 1 day ago

Cal Poly San Luis Obispo spinout Flume announced a collaboration with the university and the city of SLO to collect data for a water conservation Read More →

Cure Pharmaceuticals may double shares of common stock  

Staff Report I 5 days ago

Cure Pharmaceuticals shareholders will vote on a proposal to double the company’s shares of common stock from 75 million to 150 million and its common Read More →

Good Works: Cal Poly SLO students serious about recycling  

Staff Report I 6 days ago

Members of Cal Poly Thrift collected items in early June from students moving out of Cal Poly San Luis Obispo campus residence halls — diverting Read More →

Rocket Fizz store fizzles at Santa Barbara location  

Staff Report I 6 days ago

Rocket Fizz, a mainstay in the 1000 block of State Street, has closed its doors. The quiet demise of the downtown Santa Barbara store comes Read More →

California’s exports fall for third straight month  

Staff Report I 6 days ago

California’s merchandise export trade continued to slide lower for the third straight month, according to Beacon Economics’ analysis of the latest U.S. trade statistics from Read More →

Radius, KIBO Group building three-story, mixed-use project  

Annabelle Blair I 6 days ago

Radius Commercial Real Estate, in partnership with Southern California developer KIBO Group, will build a three-story, mixed-use development in downtown Santa Barbara at 214-226 E. Read More →

Lakireddy: State needs policies that increase housing supply  

Guest commentary I 6 days ago

By Sid Lakireddy With the pressing need to relieve the housing shortage, there has been multiple legislative proposals to address this growing crisis. Some proposals Read More →

J.P. Morgan plans one-stop banking center in Westlake Village  

Annabelle Blair I 6 days ago

J.P. Morgan Private Bank’s first office in the Tri-Counties will be a one-stop shop for regional banking, combining multiple functions under one roof — commercial Read More →

Santa Maria getting career technical education center  

Annabelle Blair I 6 days ago

Career education is making a comeback in California, and Santa Maria educators and industry professionals are driving the movement on the Central Coast. The Santa Read More →
Henry Dubroff

Dubroff: Aerospace industry consolidation likely to continue  

Henry Dubroff I 6 days ago

The blockbuster tie-up between Raytheon and United Technologies opens a new chapter in an ongoing story — consolidation in the aerospace industry. As an observer Read More →

Our view: Manufacturers urge VCCCD to train workers  

Henry Dubroff I 6 days ago

It’s hard to imagine training engineers without engineering schools or CPAs without accounting classes or computer programmers without coding labs. But that is precisely what Read More →

FDA approves Amgen biosimilar Kanjinti  

Staff Report I 6 days ago

A third biosimilar product from Thousand Oaks-based biotech giant Amgen won approval from the U.S. Food and Drug Administration June 13 to treat three types Read More →

Arroyo Grande seeks hotel development proposals  

Staff Report I 7 days ago

The city of Arroyo Grande put out a request for hotel development proposals on up to two parcels of city-owned property on June 13. One Read More →

AeroVironment acquires Pulse Aerospace  

Staff Report I 1 week ago

Simi Valley aerospace manufacturer AeroVironment acquired Kansas-based Pulse Aerospace and its portfolio of small helicopter drones for $25.7 million in cash June 11. The deal Read More →

American Riviera Bank opens branch in SLO  

Staff Report I 1 week ago

Santa Barbara-based American Riviera Bank opened a full-service branch in downtown San Luis Obispo on June 10. Its first SLO County branch, in Paso Robles, Read More →

Goleta division of L3 lands big Navy contract  

Staff Report I 1 week ago

The U.S. Navy awarded the Goleta division of tech giant L3 a five-year, $41.4 million contract to design and install ocean sensor and electronic systems Read More →

Serimmune issues $1.4 million in promissory notes  

Staff Report I 1 week ago

Santa Barbara-based Serimmune issued $1.4 million in convertible promissory notes in June as part of a $7 million capital campaign. Five investors have so far Read More →

Sienna, MannKind stocks move on new trial data  

Staff Report I 1 week ago

  Two Westlake Village biotech companies released new data from product trials, spurring stock moves and presaging capital raises to fund further research and development. Read More →

Limoneira earnings show tough second quarter amid bumper crop  

Staff Report I 1 week ago

Santa Paula citrus packing company Limoneira reported a steep drop in net income in the second quarter to $2.8 million, as an oversupplied market for Read More →

Wells Fargo names new head for commercial banking in region  

Annabelle Blair I 1 week ago

Wells Fargo has restructured its commercial banking operations in the Greater Los Angeles area, a move that affects its Santa Barbara and Ventura county operations. Read More →

City of Santa Barbara upgrades employee tech  

Marissa Nall I 1 week ago

Santa Barbara’s public safety employees received a technology upgrade, with an investment by the city in automated scheduling software Workforce TeleStaff, by Massachusetts-based Kronos Incorporated. Read More →

Raytheon being acquired by United Technologies  

Marissa Nall I 1 week ago

United Technologies is doubling down on its defense and aerospace business with the announcement June 9 of a deal to acquire major regional employer Raytheon. Read More →

Sientra stock offering raises $108 million  

Staff Report I 2 weeks ago

Breast implant developer Sientra, based in Goleta, completed a follow-on stock offering June 7 that raised $108.1 million after expenses. The company sold 17.4 million Read More →