Energy Vault SPAC deal nearing completion
Westlake Village-based Energy Vault will be listed on the New York Stock Exchange in the coming weeks, if its merger with a special purpose acquisition company gets final approval at the SPAC’s shareholder meeting on Feb. 10. Energy Vault, which uses a gravity-based system to store energy generated by renewable sources, announced plans in September Read More →
Trucker, employer settle cases over 2020 Santa Maria oil spill
Santa Barbara County prosecutors have settled criminal and civil cases against the trucker and trucking company responsible for a March 2020 oil spill outside of Santa Maria. Jesse Villasana was driving an oil tanker truck for Golden Valley Transfer on March 21, 2020, on his way from Bakersfield to Santa Maria, when the tanker detached Read More →
Bank of the Sierra reports earnings growth for Q4 and full year of 2021
Bank of the Sierra, a Central Valley-based bank with nine branches in the tri-county region, reported record earnings for 2021, with net income up more than 20% from the previous year. Sierra Bancorp is the parent company of Bank of the Sierra and is headquartered in Porterville, in Tulare County. It reported net income of Read More →
Cities move toward permanent outdoor dining
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Ventura County, Palmdale water districts team up
As the need for water increases in drought-battered California, one water district in the region is looking at pooling resources as the best strategy to meet those needs. The United Water Conservation District, which oversees groundwater and other water resources in western Ventura County, has signed a memorandum of understanding with the Palmdale Water District Read More →
Our View: Redistricting shakes up Central Coast politics
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January slump has many of region’s stocks near 52-week lows
The stock market downturn that brought the Nasdaq close to correction territory has taken its toll on tri-county companies, with more than a dozen trading at or close to a 52-week low at the close of trading on Jan. 19. Among larger cap stocks of companies headquartered in the tri-county region, Olaplex, based in Montecito, Read More →
