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By Marissa Wenzke / 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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By Stephen Nellis / 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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By Staff Report / Wednesday, August 6th, 2014 / Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Vitesse loss narrows as new product sales overtake legacy offerings
Vitesse Semiconductor Corp. continued its fight back to profitability in the third quarter, with new product revenues driving higher sales and its net loss narrowing to 7 cents per share. In the same quarter a year earlier, the Camarillo-based firm had recorded a net loss of 17 cents per share. Third-quarter revenue increased 3 percent Read More →
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By Staff Report / Wednesday, August 6th, 2014 / Earnings, Health Care & Life Science, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on LTC beats on revenues, meets on profits
Westlake Village-based LTC Properties beat revenue estimates in the second quarter as its funds from operations were up 17.8 percent to $22.5 million, or 64 cents per common diluted share, meeting Wall Street expectations.
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By Marissa Wenzke / Wednesday, August 6th, 2014 / Agribusiness, Central Coast, East Ventura County, Green Coast, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture / Comments Off on 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.
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By Staff Report / Tuesday, August 5th, 2014 / Latest news, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Industry group calls Port Hueneme tax proposal ‘misleading’
Former Congressman Elton Gallegly, two former Naval Base Ventura County commanders and key players in the shipping industry are lining up to oppose the city of Port Hueneme’s Measure M, which would impose special levies on businesses that operate at the naval base and commercial port.
