AeroVironment shares take off after $405M drone deal announced
Banking & Finance, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesShares of Simi Valley-based drone company AeroVironment shot up more than 25% on Jan. 14, the day after the company announced a $405 million acquisition of a privately held military drone provider. AeroVironment is acquiring Arcturus UAV, a major provider of Group 2 and 3 unmanned aircraft systems to the U.S. military, for $405 million. Read More →
Allegiant to add Portland-Santa Maria flights
Central Coast, Latest news, Tourism, Tri-County EconomyAllegiant Air will start flying between Santa Maria Airport and Portland, Oregon on April 15, the discount airline announced Jan. 12. Portland International is a new airport for Allegiant, which already offers direct flights from Santa Maria to Phoenix and Las Vegas. The Santa Maria-Portland flight was one of 21 new routes the airline unveiled Read More →
How the region’s publicly traded companies stack up when it comes to women on the board
Banking & Finance, Latest news, left, Top Stories, Tri-County Public Companies, Women Inc.The Pacific Coast Business Times investigated the gender breakdown of the boards of all 22 companies based in the tri-county region and traded on a major stock exchange. All 22 meet the current requirement for one or more women on the board, but only 11 meet the stricter requirements that will take effect next year.
Street Smarts: Ronald McDonald House family room comes to VCMC
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State extends deadline for $500M in small business grants
Health Care & Life Science, Latest news, Small BusinessThe state of California has extended the application period for the first round of its Small Business COVID-19 Relief Grant Program until Jan. 13, after the initial deadline was plagued with technical issues due to high web traffic and large numbers of interested businesses. California’s Office of the Small Business Advocate, which is part of Read More →
Teledyne to buy Flir in $8B deal
Banking & Finance, Earnings, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesTeledyne Technologies, a multinational conglomerate based in Thousand Oaks, will spend around $8 billion in cash and stock to buy Flir Systems, a thermal imaging company with a manufacturing and research and development facility in Goleta. The deal was announced early in the morning on Jan. 4, and has been approved by the boards of Read More →
Dignity Health regional CEO Chuck Cova to retire
Central Coast, Health Care & Life Science, Latest news, Tri-County Economy, West Ventura CountyDignity Health Central Coast President and CEO Chuck Cova will step down as the leader of the biggest hospital chain in the region, Dignity Health announced Dec. 30. His retirement comes after a 38-year career with Dignity Health. Cova was the president and CEO of Marian Regional Medical Center in Santa Maria in 2004 when Read More →
