Charge reduced to misdemeanor against CSUCI prof arrested during federal raid
A felony charge has been reduced to a misdemeanor against a CSU Channel Island professor who was arrested during a July 10 immigration raid at Glass House Farms’ cannabis facility in Camarillo. Jonathan Caravello, a lecturer in the university’s math department, was taken into custody for allegedly throwing a tear gas canister at U.S. Border Read More →
MannKind expands pipeline with $350M acquisition
Westlake Village-based MannKind Corporation is expanding its pipeline by acquiring scPharmaceuticals, a Massachusetts-based biotech company that specializes in cardiorenal medicine, for $360 million, or $5.35 per share. Announced before the markets opened Aug. 25, MannKind shares ticked up about 1% in pre-market trading. Shares ultimately settled at $3.90 on Aug. 25, about 3.1% down. Shares Read More →
Chatsworth Products expands manufacturing facility in North Carolina
Simi Valley-based Chatsworth Products is looking to expand its manufacturing capabilities to meet the growing demand for hyperscale, AI-driven, and enterprise data center infrastructure, the company said in an Aug. 19 press release. Part of the company’s plan is to expand its manufacturing facility in New Bern, North Carolina — the first part of a Read More →
CalPrivate Bank appoints former Deckers CEO to board of directors
CalPrivate Bank, based in La Jolla but with an office in Montecito, announced that it has appointed Angel Martinez to its board of directors. Announced Aug. 21, Martinez is the former president and CEO of Goleta-based Deckers Brands from 2005 until 2016. Martinez served on multiple boards of directors for companies from footwear to consumer Read More →
CRE: ATSU signs new lease in SLO County; Hotel Santa Barbara completes renovations
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Guest commentary: Why now is the right time to switch to an electric vehicle
Tia Kordell Community Environmental Council It’s official: when it comes to protecting us from the growing threat of a climate crisis, the federal government is not just asleep at the wheel — it’s driving us in reverse. Regressive climate policies, funding rollbacks, and the purge of environmental agencies threaten to permanently set the climate movement Read More →
Guest commentary: Tricky legal issues involving employee bonuses and commissions
By Jonathan Fraser Light Bonuses and commissions continue to be a troublesome topic because employers often enter into these arrangements without thinking about collateral issues. DISCRETIONARY VS. NON-DISCRETIONARY BONUSES An employer sets up a bonus system for employees based on productivity measurements, such as key performance indicators (KPIs). For hourly workers, this could mean a Read More →
