September 8, 2025
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700 BofA jobs at stake in Ventura County

By   /  Thursday, September 1st, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Economy  /  Comments Off on 700 BofA jobs at stake in Ventura County

About 700 jobs in Thousand Oaks and Westlake Village are in peril as Bank of America prepares to sell or shutter the correspondent-lending arm of its mortgage business. “We intend to sell the correspondent mortgage lending division or, if a suitable deal is not identified, we will consider other options, including winding down the correspondent Read More →

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FAA shutdown grounds airport projects

By   /  Friday, August 5th, 2011  /  Latest news, Tri-County Economy  /  Comments Off on FAA shutdown grounds airport projects

The shutdown of the Federal Aviation Administration will put Santa Maria’s runway extension and two airport improvement projects in Ventura County in a holding pattern.

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B and H Flowers files for Ch. 11

By   /  Friday, August 5th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on B and H Flowers files for Ch. 11

B and H Flowers is seeking Chapter 11 bankruptcy protection in a face-off with one of the world’s largest banks.

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Karim, Jacob at the helm

By   /  Thursday, July 28th, 2011  /  Top Stories, Tri-County Economy, Women Inc.  /  Comments Off on Karim, Jacob at the helm

San Luis Obispo County’s two most prominent business organizations are now headed up by women.

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Bank taps fund to pay TARP

By   /  Monday, July 18th, 2011  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on Bank taps fund to pay TARP

First California Bank is repaying the $25 million in federal aid it took from the Treasury with a new federal aid program.

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Group lends business voice to city hall

By   /  Monday, July 18th, 2011  /  Tri-County Economy  /  Comments Off on Group lends business voice to city hall

“You can’t fight city hall.” So goes the old saying. But in Thousand Oaks, business owners are part of city hall through a group called the Business Roundtable.

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PennyMac mints new HQ in Moorpark

By   /  Friday, July 8th, 2011  /  Banking & Finance, Banking Industry, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on PennyMac mints new HQ in Moorpark

A new venture led by a former top executive of Countrywide Financial Corp. is moving to Moorpark.