April 25, 2024

		

Jorge Mercado

Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.


| Friday, February 3rd, 2023

Amgen reports drop in profit for fourth quarter

Latest news, middle, Subscriber content, Technology

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| Friday, February 3rd, 2023

Biltmore owners seek $12M from insurance firms

Latest news, Law & Goverment, Subscriber content, Top Stories, Top Story

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| Wednesday, February 1st, 2023

Sonos launches new partnership with TuneIn

Latest news, Subscriber content, Technology

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| Wednesday, February 1st, 2023

Limoneria cuts down debt with sale of Tulare property for $100M

Agribusiness, Central Coast, Latest news, left, Regions, Ventura County

The future of Santa Paula-based Limoneira came into sharper focus on Feb. 1 when the company sold a major agribusiness holding in the Tulare area for $100 million, recouping $99 million in cash while also reaching an agreement to grow, pack and market lemons produced on the property. PGIM Agricultural Investments, a unit of PGIM Read More →

| Tuesday, January 31st, 2023

Dole plc sells off fresh vegetables division for $293M

Agribusiness, East Ventura County, Latest news, Top Stories, Top Story, Tri-County Economy

In a continued effort to pay down its debt, Westlake Village-based Dole plc has sold off its fresh vegetables division to an affiliate of Fresh Express Inc., a wholly-owned subsidiary of Chiquita Holdings, for $293 million. The sale is expected to close within the next two quarters, pending approval, Dole said in a press release. Read More →

| Tuesday, January 31st, 2023

Montecito Bank & Trust closes out 2022 strong

Banking & Finance, Earnings, Latest news, middle, Santa Barbara County, Tri-County Public Companies

Despite total assets dropping from the end of last year, Montecito Bank & Trust reported an overall strong growth in income and loans to close out fiscal year 2022, the financial institution reported Jan. 30.  Montecito Bank & Trust, the biggest bank in the tri-county region, reported income grew to $18.27 million for the year Read More →

| Monday, January 30th, 2023

Amgen to lay off 300 U.S. workers

East Ventura County, Economy, Latest news, left, Technology

Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →