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Amgen cuts jobs at Thousand Oaks headquarters as drug focus narrows

By   /  Friday, August 1st, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  Comments Off on 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 →

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Santa Maria farmer files Chapter 7 amid legal battle with bank

By   /  Friday, August 1st, 2014  /  Agribusiness, Banking & Finance, Banking Industry, Central Coast, Law, Top Stories, Tri-County Economy  /  Comments Off on Santa Maria farmer files Chapter 7 amid legal battle with bank

A Santa Maria produce broker and farmer has filed for Chapter 7 bankruptcy with about $1 million in assets and $9 million in liabilities as his family companies sue the region’s largest bank on allegations that it failed to come through on millions of dollars in promised loans.

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A deep dive into real estate: Sandpiper slated to close first investment pool

By   /  Friday, August 1st, 2014  /  East Ventura County, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on 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.

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Portable power: Ojai firm makes battery systems that can go anywhere

By   /  Friday, August 1st, 2014  /  Small Business, Technology, Tri-County Economy, West Ventura County  /  Comments Off on Portable power: Ojai firm makes battery systems that can go anywhere

An Ojai company’s creation that started as a way to run camera and lighting gear for on-location film shoots has evolved into a battery system that can power everything from military forces in Afghanistan to an off-grid organic vodka distillery in Hawaii.

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OCB Bancorp taps Ortega to open Santa Barbara branch

By   /  Friday, August 1st, 2014  /  Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on 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.

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Small beachside town seeks developer with the right touch

By   /  Friday, August 1st, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Small beachside town seeks developer with the right touch

The Port San Luis Harbor District has released a request for proposals from qualified companies interested in taking on the redevelopment of the 32-acre RV resort and campground known as Harbor Terrace.

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Snatching a larger slice: Persona pizzeria plots nationwide expansion

By   /  Friday, August 1st, 2014  /  Restaurants, Small Business, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Snatching a larger slice: Persona pizzeria plots nationwide expansion

Santa Barbara-based Persona Neapolitan Pizza is embarking on a nationwide expansion as competition heats up in the fast-casual, wood-fired pizza market.

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