Putting Cal Lutheran on the map
OpinionAs part of its 50th anniversary celebration, California Lutheran University has taken the wraps off a much-anticipated economic impact study. It turns out that the Thousand Oaks campus pumped $142 million into the Ventura County economy in its last fiscal year, accounting for about 1,400 jobs and, importantly, more than $20 million in capital expenditures, Read More →
Business takes action to save vital flights
OpinionIn Santa Barbara and Ventura counties, a business-led effort to reverse United Express’ plans to slash service between the Central Coast and major markets is beginning to gain altitude. In Ventura County, the pushback has begun with a grassroots petition effort to restore several daily United Express flights between Oxnard and Los Angeles International Airport. Read More →
From the editor: SEC finally cracks down
OpinionThe U.S. Securities and Exchange Commission’s April 16 complaint against Goldman Sachs for failing to disclose the near-certainty of failure in the synthetic debt products it sold under the Abacus brand is an important first step in restoring a fair and equitable balance of power in the financial system. Allowing a select club of investment Read More →
$10M State Street Borders deal is a bright spot in a dull market
ColumnsThe $10 million sale of 900 State St. in Santa Barbara makes for the largest retail real estate deal in the city in more than two years, but the outlook for the South Coast’s commercial real estate market remains shaky. The 38,000-square-foot retail space where Borders bookstore is housed was sold on April 5 to Read More →
Tri-county tech stocks make market moves
UncategorizedVentura County tech companies inked big sales, swung back to profits and traded at heavy volumes in early April. Oxnard-based CalAmp Corp., a communications gear firm, signed contracts for $15.2 million in new wireless networks sales, sending shares up. After paring itself down to basics and tightening its manufacturing to deal with heavy losses, Camarillo-based Read More →
