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$114M slated to fuel Santa Maria Energy operations

By   /  Friday, January 10th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $114M slated to fuel Santa Maria Energy operations

Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.

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Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

By   /  Friday, January 10th, 2014  /  Features, Small Business, West Ventura County  /  Comments Off on Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

Abe Geary passed up a funding offer from “Shark Tank” that would have turned over a 60 percent equity stake in the company, to direct its development personally.

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Seeing red tape: Individual policyholders forced out of insurance plans

By   /  Friday, January 10th, 2014  /  Features, Health Care, Small Business, Top Stories, Tri-County Economy  /  Comments Off on Seeing red tape: Individual policyholders forced out of insurance plans

While many people now have insurance for the first time, another group of policyholders is cursing the new health care law: the self-employed and other individual policyholders.

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TekTegrity buy caps IT industry consolidation

By   /  Friday, January 10th, 2014  /  Central Coast, Technology, Top Stories  /  Comments Off on TekTegrity buy caps IT industry consolidation

San Luis Obispo-based TekTegrity has acquired Digital Foundation, continuing a wave of consolidation in the Central Coast IT services industry.

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New Sierra Vista chief takes helm during health care overhaul

By   /  Friday, January 10th, 2014  /  Central Coast, Health Care, Top Stories, Tri-County Economy  /  Comments Off on New Sierra Vista chief takes helm during health care overhaul

Joseph DeSchryver steps into his new role as chief executive at Sierra Vista Regional Medical Center in San Luis Obispo amid seismic changes in the health care industry.

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Amgen’s chief financial officer to depart

By   /  Thursday, January 9th, 2014  /  East Ventura County, Latest news, Technology  /  Comments Off on Amgen’s chief financial officer to depart

Chief Financial Officer Jonathan M. Peacock is leaving Amgen to pursue broader career opportunities, the company announced. Michael A. Kelly has been named acting CFO.

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Blue Shield agrees to acquire tri-county Physicians Choice Health Plan

By   /  Wednesday, January 8th, 2014  /  Health Care, Latest news, Tri-County Economy  /  Comments Off on Blue Shield agrees to acquire tri-county Physicians Choice Health Plan

Blue Shield of California has entered into an agreement to acquire Bakersfield-based GemCare Health Plan, which operates as Physicians Choice Health Plan in the Tri-Counties, the company announced Tuesday.

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