Opinion: The secrets to a happy family business
By Keanon Alderson In the United States, approximately 80% to 90% of all firms are either owned or controlled by families. These firms contribute significantly to the economy and are a significant source of employment and innovation. When they are healthy, there are numerous positives, such as increased financial success, longer life of the firm, Read More →
Region’s unemployment at record low
The tri-county region’s unemployment rate dipped below 3% in April for the first time on record, as unemployment across the state continued its long post-pandemic decline. Ventura, Santa Barbara and San Luis Obispo counties had a combined unemployment rate of 2.9%, down from 3.4% the month before and 6.5% a year earlier, according to data Read More →
Health care innovators take center stage in 2022 South Coast Business & Technology Awards
Industries all over the world were debilitated by the COVID-19 pandemic in 2020, but perhaps none more than health care. For years, yearly checkups were the norm for millions of people, but with overfilled hospitals and risk of infection suddenly a huge concern, people began skipping visits to doctor’s offices and hospitals. In the years Read More →
MannKind adds to diabetes treatment portfolio with $10M acquisition
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Real Estate: Ground lease at AppFolio campus sells for $13.9M
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Energy Vault reports rising revenue, declining losses during IPO quarter
In its first quarter as a publicly traded company, Energy Vault reported growing revenue and a net loss that it attributed to its public offering and other one-time costs, as the Westlake Village-based company continues to expand deployments of its energy storage systems. Energy Vault, which uses a gravity-based system to store and release energy Read More →
Ritz-Carlton Bacara sold as part of $3.8B deal
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