American Riviera Bank opens lending center in Ventura
American Riviera Bank is expanding its presence along the Central Coast with the opening of its newest lending center in Ventura. Opened Jan. 2, the lending center is ARB’s first location in Ventura County. Located at 1280 S. Victoria Ave., the center will focus on commercial real estate lending, business loans, mortgage lending, and construction Read More →
Nevada healthcare provider sues Amgen for $7M in damages
Sagebrush Health Services, a nonprofit healthcare provider, has sued Thousand Oaks-based biotech giant Amgen for $7 million in damages in a dispute involving a federal drug discount program. Under the 340B Drug Pricing Program, drug manufacturers such as Amgen, in exchange for the benefit of selling their products at full price to federal health insurance Read More →
Teledyne subsidiary to pay $1.5M to resolve false claims act
Teledyne RISI, also known as Teledyne Electronic Safety Products, announced that it has been agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Announced Jan. 5, Teledyne RISI is an aerospace and defense electronics company based Read More →
Verizon to Pay $7.7M environmental settlement in Ventura County
Verizon Wireless will pay $7.7 million to resolve a civil action involving environmental violations at hundreds of the company’s wireless telecommunication cell towers across Southern California, Ventura County District Attorney Erik Nasarenko announced Jan. 5. “Verizon’s failure to comply with the law governing hazardous materials created avoidable risks,” Nasarenko said in a press release. An Read More →
Guest commentary: New employment laws for 2026
By Jonathan Fraser Light It’s time to look at some of the new employment laws that will impact businesses in 2026. The state’s mandatory minimum wage is going up from $16.50 an hour in 2025 to $16.90 in 2026. If a local jurisdiction has a higher rate, that’s the one to follow. Note that the Read More →
Guest commentary: How small and mid-sized businesses can grow in 2026
By Jason Bietz The latest Bank of America Business Owner Report confirms what we see every day from entrepreneurs across our communities: cautious yet determined optimism. Nearly three in four business owners expect revenue gains in the next 12 months, and many plan to expand (59%), hire (43%) and secure financing (83%) in the new year. Here Read More →
