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Tri-county unemployment remains the same in October
California’s unemployment rose for the second straight month, but on the Central Coast, the unemployment rate was unchanged from September to October while also adding a slew of non-farming jobs during the month. According to the data released Nov. 17 from the California Employment Development Department, the unemployment rate of the tri-counties was 3.9% compared Read More →
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Inogen hopes new CEO can bring better results
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Read More →Dubroff: Gold Team 2.0 targets biotech, manufacturing
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Read More →Finbriefs: Glass House Brands reports growing revenue in Q3
Glass House Brands, which has major operations in both Ventura and Santa Barbara Counties, reported growing revenue in the third quarter of 2023. Reported on Nov. 10, Glass Houses’s net sales increased 71% year-over-year to $48.2 million in the third quarter of 2023. Gross profit was also $26 million for the third quarter of 2023, Read More →
Read More →Portfolio watch
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Read More →Vital signs: Inflation appears to be calming down as year ends
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Read More →James Webb Space Telescope relies on Central Coast’s infrared innovation
It took more than 15 years and the help of numerous companies for the James Webb Space Telescope to come to life. But in doing so, it has also brought with it an entirely new way for the common person to life beyond this earth. “How does the universe work? How did we get here? Read More →
Read More →The Trade Desk outperforms expectations but misses Q4 guidance
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Read More →Real Estate View All →
CRE: SLO County D.A. warns of rising real estate scam
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Read More →CRE: Hayes, Radius release Q3 real estate reports for Santa Barbara County
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Read More →CRE: Limoneira real estate arm closes on more residential homesites
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Read More →CRE: Santa Barbara hotels, tourism continue seeing struggles
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Read More →CRE: Ventura affordable housing project funded by Housing Trust Fund
The Housing Trust Fund Ventura County approved a $1.5 million loan to help fund College Community Courts, a People’s Self-Help Housing Corporation affordable housing development project centered in Ventura, the nonprofit announced on Oct. 12. The construction is set to begin in late 2024 and the College Community Courts will be a new multi-family housing Read More →
Read More →Santa Barbara management firm expands Southern presence
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Read More →CRE: Money secured for motel refitting project in Oxnard
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Read More →CRE: Financial backing secured for housing developments across Central Coast
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Read More →Technology View All →
James Webb Space Telescope relies on Central Coast’s infrared innovation
It took more than 15 years and the help of numerous companies for the James Webb Space Telescope to come to life. But in doing so, it has also brought with it an entirely new way for the common person to life beyond this earth. “How does the universe work? How did we get here? Read More →
Read More →The Trade Desk outperforms expectations but misses Q4 guidance
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Read More →CLU forum addresses AI challenges
Scott Klososky has no fear about Artificial Intelligence’s future impact on the human race. The self-styled “digital philosopher” doesn’t buy fictional scenarios in movies and books that AI will eventually take over the world and extinguish people. Humans should embrace AI for what it can do for them more than fear its possible negatives, Klososky said Read More →
Read More →Inogen replaces CEO days after earnings miss
Goleta-based Inogen has appointed a new chief executive, the company announced on Nov. 13. Kevin Smith, most recently the CEO at Sirtex Medical Limited, a global manufacturer of interventional treatment solutions, was named Inogen’s new CEO effective immediately, succeeding Nabil Shabshab. Shabshab only occupied the role for a little over two years, taking over in Read More →
Read More →New Camarillo coworking space caters to techies, others
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Read More →Teledyne announces third quarter results, C-Suite changes
It was another quarter of growth for Thousand Oaks-based Teledyne, with sales and earnings both increasing — but the biggest news announced by the technology and defense conglomerate was actually a change in the C-Suite. Robert Mehrabian, the longtime Teledyne executive, will be stepping down from his post as CEO on Jan. 1 and moving into Read More →
Read More →UCSB receives federal funding to fuel semiconductor development
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Read More →Advancements in AI bring success and headaches
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Read More →Health Care & Life Science View All →
Inogen hopes new CEO can bring better results
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Read More →Clinicas del Camino Real opens new urgent care center in Simi
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Read More →Amgen beats Q3 expectations, discusses Horizon purchase
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Read More →SDRI, MannKind partner on inhaled insulin trial
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Read More →Amgen completes $27.8B acquisition of Horizon
Thousand Oaks-based Amgen completed its largest acquisition in company history on Oct. 6, purchasing Horizon Therapeutics plc for $116.50 per share in cash, representing a transaction equity value of approximately $27.8 billion. “Today marks an exciting milestone as we welcome Horizon employees to Amgen and begin working together to serve even more patients around the world suffering from Read More →
Read More →Dubroff: Five ways the Sutter purchase will shake up Tri-County healthcare
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Read More →Santa Barbara firm partners with UCLA for new cancer treatments
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Read More →Sansum, Sutter Health finalize partnership
A deal more than a decade in the making came to fruition on Sept. 29, when CEOs for both Sansum Clinic and Sutter Health announced the finalization of a partnership between the two nonprofit health care entities. Based in Santa Barbara, Sansum is now part of Sutter Health, a Sacramento-based organization that operates a network Read More →
Read More →Agribusiness View All →
Paso Robles vineyard sold for $1B
Daou Vineyards, located in Paso Robles, is now a part of one of the largest deals in the region in 2023 after announcing that it would be sold to an Australian wine estate for as much as $1 billion. Owned by Georges and Daniel Daou, the vineyard was sold to Australia’s Treasury Wine Estates, one Read More →
Read More →Update: Second agriculture quarantine declared in Ventura County
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Read More →Gills Onions recalls products after salmonella outbreak
Oxnard-based Gills Onions has voluntarily recalled its branded fresh diced onions products out of an “abundance of caution” due to a salmonella outbreak that has left more than a dozen hospitalized, according to the U.S. Food and Agriculture department on Oct. 24. The outbreak of salmonella is linked to bagged, precut onions that has sickened Read More →
Read More →Second agriculture quarantine declared in Ventura County
For the second time this month, portions of Ventura County have been placed under quarantine by agriculture officials. The latest quarantine is centered in Thousand Oaks. The state Department of Food and Agriculture announced Oct. 24 that the quarantine for the Queensland fruit fly was imposed following the detection of two adult flies in the Read More →
Read More →Citrus tree virus found in Ventura County
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Read More →Agtech forum highlights necessity for advancements
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Read More →Sales take a dip: Avocado pricing fluctuations hurts area ag companies
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Read More →Tri-county agriculture harvests over $5B in sales
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