The region
When University of California, Santa Barbara, Chancellor Henry Yang spoke at a UCSB economic forecast event in April, his remarks underscored how deeply embedded the university is in the business community. “Our faculty, staff, students and alumni have all been a fundamental part of the development of the Central Coast’s high-tech economy,” he said, adding Read More →
No Whole Foods for Oxnard yet
Whole Foods Market is coming to Oxnard. But not in 2009, and maybe not even in 2010. The upscale health food retailer will have 173 employees in Santa Barbara when it opens its doors there on Oct. 7, but it may be quite a while before Oxnard sees its branch come to fruition. Originally set Read More →
Bankrupt Opus selling two sites in VC
A Phoenix-based real estate developer facing foreclosure on a project in Camarillo has filed for bankruptcy protection while it completes ongoing financial restructuring that includes unloading some tri-county assets. As part of the bankruptcy proceedings, Opus West Corp. will auction off two Ventura County business parks: Camarillo Ranch Business Park and Westlake North Land in Read More →
Amgen lays off 100
Thousand Oaks-based Amgen laid off about 100 employees on July 22, the company confirmed to the Business Times. The most recent round of cuts was among the company’s clinical manufacturing and quality-control workers. Previously, on May 1, Amgen laid off about 100 workers as part of an outsourcing of the company’s facilities services group, said Read More →
California slips as others catch up
As July heads past the mid-point, California still does not have a budget. This inability to get simple things accomplished underscores how far the Golden State has slipped behind its chief political rival, Texas. The July 11 edition of the Economist elaborates on the California-Texas rivalry, pointing out that among other things, Texas seems to Read More →
Moorpark film studio plot unfolds
Bernie Weitzman has a grand script in the works for Moorpark. Step by step, Weitzman, chairman and chief executive officer of Commonwealth Studios and an independent film industry veteran, is bringing his massive film studio dream to fruition on the outskirts of the Ventura County city. And it is a big dream. Weitzman and Commonwealth Read More →
