March 24, 2024
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Billion-dollar bond bonanza bound for ballot box

By   /  Friday, August 15th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Personal Finance, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest Read More →

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Simi Valley gains traction as Tylt expands

By   /  Friday, August 15th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy  /  Comments Off on Simi Valley gains traction as Tylt expands

A Simi Valley consumer electronics accessories firm is opening a new 60,000-square-foot headquarters to boost its staff, launch new brands and push its venture capital arm forward.

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Clinicas sues Gold Coast Health, alleging loss of 20K patients

By   /  Friday, August 15th, 2014  /  East Ventura County, Health Care & Life Science, Law & Goverment, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Clinicas sues Gold Coast Health, alleging loss of 20K patients

Ventura County’s largest system of nonprofit health clinics is suing the entity that oversees the county’s Medi-Cal dollars, alleging that a breach of two contracts caused the clinics to lose 20,000 patients and at least $74,600 per month.

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CoastHills Credit Union expands to five counties

By   /  Wednesday, August 13th, 2014  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy  /  Comments Off on CoastHills Credit Union expands to five counties

CoastHills Credit Union, the region’s largest credit union, has extended its reach from the southern edge of the Bay Area to the Los Angeles County line. The $750 million-asset financial institution said Aug. 13 that its July conversion from a federal to a state charter will allow it to set its service area as the Read More →

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Funding farming’s future: USDA tags Tri-Counties for program

By   /  Friday, August 8th, 2014  /  Agribusiness, Banking & Finance, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  Comments Off on Funding farming’s future: USDA tags Tri-Counties for program

  A $10 billion federal fund from the U.S. Department of Agriculture could provide much-needed assistance for developing water systems and other infrastructure in the Tri-Counties, where the region’s agriculture industry has suffered tremendous losses from the drought. The USDA has designated Ventura, Santa Barbara and San Luis Obispo counties as “drought disaster counties” as Read More →

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Courts say electronic records are on the docket

By   /  Friday, August 8th, 2014  /  Central Coast, East Ventura County, Law & Goverment, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Courts say electronic records are on the docket

Coming soon to a courthouse near you: Electronic document filing, judges swiping through case files on touch pads and digital public access to court records.

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Profits rise at PennyMac firms

By   /  Wednesday, August 6th, 2014  /  Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Profits rise at PennyMac firms

Moorpark-based PennyMac Financial Services said profits rose to $51.4 million on revenue of $130.4 million for the second quarter, beating Wall Street expectations for both measures.