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No sour grapes here: Chemistry professor creates a business out of testing wine

By   /  Friday, March 22nd, 2013  /  Agribusiness, Central Coast, Features, Small Business, Wine & Viticulture  /  Comments Off on No sour grapes here: Chemistry professor creates a business out of testing wine

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Developers set wheels in motion at $450M Oxnard project

By   /  Friday, March 22nd, 2013  /  Real Estate, Top Stories  /  Comments Off on Developers set wheels in motion at $450M Oxnard project

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Transphorm device breakthrough sets stage for use in consumer applications

By   /  Friday, March 22nd, 2013  /  Technology, Top Stories  /  Comments Off on Transphorm device breakthrough sets stage for use in consumer applications

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FCAL shareholders vote in favor of merger with PacWest

By   /  Thursday, March 21st, 2013  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on FCAL shareholders vote in favor of merger with PacWest

Shareholders in First California Financial Group voted overwhelmingly in favor of merging the bank into rival PacWest Bancorp at a March 20 meeting. Investors in the Westlake Village bank cast 23.4 million votes in favor of the $233 million deal, with 212,252 shares voting against the proposal and 5,865 abstaining. The deal still requires regulatory Read More →

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At annual address, SB leaders say city is going strong

By   /  Thursday, March 21st, 2013  /  Latest news  /  Comments Off on At annual address, SB leaders say city is going strong

As Santa Barbara continues its upward climb out of the Great Recession, civic leaders are working hard to make sure the city remains a hub for startup businesses and tourism. City Administrator Jim Armstrong told a crowd of business leaders gathered at the Fess Parker Doubletree Resort on March 21 that despite the economic downturn, Read More →

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Amgen shares jump on good news from melanoma drug study

By   /  Wednesday, March 20th, 2013  /  Latest news  /  Comments Off on Amgen shares jump on good news from melanoma drug study

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”20-09-2012″ enddate=”20-03-2013″ width=”300″ height=”245″] Shares of Thousand Oaks-based Amgen rose in light trading on March 20 after the company announced favorable results from a drug that treats advanced melanoma. The drug, dubbed T-VEC, uses a virus to infiltrate tumors and shrink them. It achieved positive results in a large number Read More →

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VSolvit wins $53M Navy contract

By   /  Tuesday, March 19th, 2013  /  Latest news, Small Business, Technology  /  Comments Off on VSolvit wins $53M Navy contract

Thousand Oaks-based firm VSolvit has won a $53.1 million contract to provide support services to the U.S. Navy’s IT center at Naval Base Ventura County. Founded in 2006 by Payal Kamdar, VSolvit, pronounced “we solve it,” has in the past produced mapping systems for the USDA and the White House, for which it produced maps Read More →