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Amgen sued for allegedly concealing $10B tax bill from investors 

By   /  Wednesday, March 15th, 2023  /  Health Care & Life Science, Latest news, left, Ventura County  /  Comments Off on Amgen sued for allegedly concealing $10B tax bill from investors 

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Portfolio watch

By   /  Wednesday, March 15th, 2023  /  Banking & Finance, Latest news, Personal Finance  /  Comments Off on Portfolio watch

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Conejo Valley could be the next big biotech hotspot

By   /  Tuesday, March 14th, 2023  /  Economy, Health Care & Life Science, Latest news, middle, Tri-County Economy  /  Comments Off on Conejo Valley could be the next big biotech hotspot

Thousand Oaks’ biotech hub continues to grow and could rival the largest ones in the country in the next 10-15 years, speakers at a March 10 regional economic forecast program said. The Thousand Oaks City Council has recognized that the growth of the life sciences sector is essential to the city’s economic development, City Manager Read More →

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Calavo taps former CEO to lead the company

By   /  Monday, March 13th, 2023  /  Agribusiness, Latest news, left  /  Comments Off on Calavo taps former CEO to lead the company

Santa Paula-based Calavo Growers announced on March 13 that former head executive Lee Cole is returning to lead the company, effective immediately, taking on the company’s president and CEO role after Brian Kocher stepped down from his post. A member of the Business Times Hall of Fame, Cole stated in a press release that he Read More →

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Updated: Feds take swift action to avoid financial crisis

By   /  Sunday, March 12th, 2023  /  Banking & Finance, Economy, Latest news, Top Stories, Top Story  /  Comments Off on Updated: Feds take swift action to avoid financial crisis

Update: This article was updated on March 13 to include stock prices of banks both inside and outside the region as well as include an exclusive interview with American Riviera Bank President Jeff Devine. This article was updated again on March 14 to update stock prices. Regional bank stocks were headed into recovery mode on Read More →

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Bank CEO, economist see little impact from SVB failure

By   /  Friday, March 10th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Bank CEO, economist see little impact from SVB failure

The chair of the region’s biggest bank a leading economist responded quickly to the biggest bank failure since the financial crisis with reassurances that Silicon Valley Bank is unlikely to have broad impacts. Based in Santa Clara, Silicon Valley Bank had its doors closed and its deposits seized by the Federal Deposit Insurance Corp., the Read More →

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Updated: AppFolio hires new CEO

By   /  Friday, March 10th, 2023  /  Latest news, Technology  /  Comments Off on Updated: AppFolio hires new CEO

Goleta-based AppFolio is heading in a new direction after the company announced on March 2 that its board of directors has unanimously elected Shane Trigg as its new president and CEO effective immediately. Trigg succeeds Jason Randall, who served as president and CEO since 2017. AppFolio is a provider of cloud business management solutions for Read More →