Resonant plans to raise $9.2 million in public offering

Resonant, a late stage Goleta development company designing small smartphone technology, plans to raise $9.2 million in a public offering. Documents filed with the Securities and Exchange Commission Sept. 9 said the company plans to offer about 2.4 million shares for $4.25 per share. The company expects to complete the offering by Sept. 14. Resonant Read More →
Coast Guard making permanent move to Naval Base Ventura County

The Coast Guard will make its current operating base at Naval Base Ventura County permanent after previously announcing the closure of its Air Station Los Angeles facility at Los Angeles International Airport. “I am pleased that, with the help of local stakeholders, we were able to shepherd this permanent move to Point Mugu. The Coast Read More →
O’Brian’s passion for community service inspired thousands

When the Business Times had a chance to speak with legendary actor Hugh O’Brian, we jumped at the chance. The opportunity came about five years ago as the “Hugh O’Brian Youth Leadership” program, a national nonprofit, was beginning to raise its profile in the region. One of those hidden gems of East Ventura County, the Read More →
Ventura tax measure key to revitalizing the city

This November is shaping up to be a pivotal election year — especially when it comes to the future of Ventura County. Already on the ballot are a countywide measure to provide transportation improvements on the Highway 101 corridor and far beyond. And there will be dueling ballot measures to chart the future of SOAR, Read More →
Parties in negotiations to settle Sientra lawsuit

Parties in one of the two lawsuits facing embattled breast implant manufacturer Sientra are in negotiations to settle the case. Documents dated Sept. 2 state three plaintiffs including the Oklahoma Police Pension and Retirement System are negotiating a settlement with Goleta-based Sientra in a lawsuit in state court in San Mateo. At an Aug. 23 Read More →
California Economic Forecast predicts no recession in 2016 or 2017

Economic indicators do not point to a recession this year or next, according to research from the California Economic Forecast. Nationwide, consumer confidence is near a seven-year high and corporate profits are trending up, which slumped prior to the Great Recession. And even though more people are buying cars and homes, household debt levels are Read More →