Crop values hit $4.4B as drought parches strawberries
Drought conditions sapped 12 percent of the value of strawberry production in Ventura County while wine grapes surged for Santa Barbara and San Luis Obispo counties to help boost the region’s crop values to $4.4 billion, according to reports on last year’s crops.
Bank of America names market president
Diana Gleason has been named market president for Bank of America in Ventura and Santa Barbara counties. Most recently, Gleason was a regional sales executive for Bank of American Home Loans for Ventura, Santa Barbara and San Luis Obispo counties and West Los Angeles. She has been in the banking industry for nearly 40 years Read More →
Amgen cuts jobs at Thousand Oaks headquarters as drug focus narrows
Thousand Oaks-based biotech giant Amgen has entered a new era in which a leaner organization focuses on shepherding 10 late-stage molecules into an increasingly competitive global market. Amgen said July 29 that it will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that Read More →
A deep dive into real estate: Sandpiper slated to close first investment pool
Sandpiper Capital Partners is testing the depth of its investor network as it gets ready to close its first pooled real estate investment fund at the end of July.
OCB Bancorp taps Ortega to open Santa Barbara branch
The parent company of Ojai Community Bank is tapping veteran South Coast banker Eloy Ortega to open a new Santa Barbara branch.
Amgen to slash 2,400 jobs, shrink Thousand Oaks HQ
Thousand Oaks-based Amgen will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that will eliminate between 2,400 and 2,900 jobs and shutter facilities in Colorado and Washington. Amgen said the moves are designed to reduce operating expenses by $700 million by 2016, money that Read More →
