Abel Maldonado on Trump short list for Secretary of Ag
Donald Trump’s return to the White House could also mark the return to the political stage for one of Santa Barbara County’s best-known elected officials. Former Lt. Gov. Abel Maldonado, now a winery owner from Santa Maria, has been shortlisted for the Secretary of Agriculture post, according to reporting from the online publication ProAg and Read More →
Wells Fargo announces grant for Mountain Fire recovery
Fundraising for victims of the Mountain Fire got a significant boost on Nov. 13 when Wells Fargo announced a $100,000 grant to support Ventura County Community Foundation and recovery efforts. According to VCCF CEO Vanessa Bechtel, the foundation had already provided over $100,000 in support and provided an additional $50,000 to the Red Cross to Read More →
Appeals court declines to halt logging project in Los Padres National Forest
The Ninth Circuit Court of Appeals on Nov. 12 declined to halt a logging and vegetation clearing project atop Pine Mountain and Reyes Peak in Ventura County’s Los Padres National Forest. Various environmental groups, plus Ventura County, Ojai and Patagonia Works, have sued the U.S. Forest Service to halt the project on grounds that it would violate environmental Read More →
SoCal Edison sued in connection with Mountain Fire
As the investigation into the Mountain Fire’s origins continues, a class action lawsuit was filed Nov. 8 alleging that the Ventura County blaze was started by Southern California Edison’s equipment. The utility giant denies the allegations. The Ventura County Superior Court suit, alleging negligence and inverse condemnation, was filed by Pamela and Kenneth McWaid and seeks general Read More →
Former SLO developer sentenced to 5 years in prison
A former San Luis Obispo County real estate developer, Ryan Wright, has been sentenced to five years for bribing a local politician nearly $95,000 in exchange for acts benefiting the company’s development projects. Wright, 38, was sentenced on Nov. 12 by United States District Judge Percy Anderson. Wright, formerly known as Ryan Petetit, has been Read More →
MannKind keeps hitting higher revenues
Westlake Village-based MannKind saw rising revenue and gave a positive update to its orphan lung pipeline when it announced its earnings for the third quarter of 2024. MannKind, a biotechnology company that develops treatments for diabetes and pulmonary arterial hypertension, announced that revenue for the quarter ended Sept. 30 hit $70.1 million, up from $51.2 Read More →
Olaplex’s struggles continue as earnings miss estimates
Montecito-based Olaplex missed analyst expectations in both revenue and net income when it announced its earnings for the third quarter of 2024. Announced Nov. 7, Olaplex noted that sales decreased 3.6% to $119.1 million in the third quarter of 2024.As a result, net income decreased 27.3% to $14.7 million and adjusted net income decreased 13.8% Read More →
