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Port heads to court in battle with city

By   /  Tuesday, September 30th, 2014  /  Law & Goverment, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Port heads to court in battle with city

The Oxnard Harbor District has asked the Ventura County Superior Court to intervene in an increasingly contentious battle over revamping a decades-old revenue agreement with the city of Port Hueneme. The district, which controls the Port of Hueneme, sought relief in court on Sept. 30 on a technical issue related to arbitration. The district has Read More →

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Governor signs gun bills introduced after Isla Vista mass shooting

By   /  Tuesday, September 30th, 2014  /  East Ventura County, Law & Goverment, South Coast, Tri-County Economy  /  Comments Off on Governor signs gun bills introduced after Isla Vista mass shooting

Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.

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Clean Diesel chairman resigns, metals industry veteran steps in

By   /  Tuesday, September 30th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel chairman resigns, metals industry veteran steps in

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean Read More →

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News Corp. to buy Move for $950M

By   /  Tuesday, September 30th, 2014  /  Real Estate, Technology, Top Stories  /  Comments Off on News Corp. to buy Move for $950M

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

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SLO telecoms to merge

By   /  Monday, September 29th, 2014  /  Central Coast, Latest news, Technology  /  Comments Off on SLO telecoms to merge

Norcast Telecom and Blue Rooster Telecom, two San Luis Obispo-based firms that provide voice and data service to about 2,500 Central Coast business customers, are merging.

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Lineage Logistics unveils new cold-storage facility in Santa Maria

By   /  Monday, September 29th, 2014  /  Agribusiness, Central Coast, Real Estate, Tri-County Economy  /  Comments Off on Lineage Logistics unveils new cold-storage facility in Santa Maria

Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →

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Qualstar shares sink on $5.6M loss

By   /  Monday, September 29th, 2014  /  Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Qualstar shares sink on $5.6M loss

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →