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Semtech to cut jobs

By   /  Monday, January 27th, 2014  /  Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech to cut jobs

Camarillo-based chipmaker Semtech Corp. said Jan. 27 that it is slashing 6 percent of its workforce in anticipation of lower demand for its products in the second half of this year.

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Dry weather plagues Ventura County strawberries

By   /  Sunday, January 26th, 2014  /  Agribusiness, East Ventura County, Latest news, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Dry weather plagues Ventura County strawberries

Oxnard strawberry growers lost an average $10,000 to $15,000 per acre worth of crop last year because the berries died off prematurely in dry weather, and farmers could be in for a repeat of that scenario this year.

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Region’s ranchers look for relief amid record drought

By   /  Friday, January 24th, 2014  /  Agribusiness, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

The drought plaguing the Tri-Counties and the rest of the state has the agriculture industry on red alert. With 2014 forecast to be the driest year in California history, Gov. Jerry Brown has declared a drought emergency in the state, and the U.S. Department of Agriculture has designated 27 counties in California as primary natural disaster areas, including the tri-county region.

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Fungus ruckus: Ventura mushroom farm in escrow to international buyer

By   /  Friday, January 24th, 2014  /  Agribusiness, Law & Goverment, Real Estate, Top Stories, West Ventura County  /  Comments Off on Fungus ruckus: Ventura mushroom farm in escrow to international buyer

What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.

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$98M office campus sale sets new high-water mark for county

By   /  Friday, January 24th, 2014  /  Columns, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on $98M office campus sale sets new high-water mark for county

The eye-popping price signals that a turnaround is taking hold in the Ventura County office market, which has suffered from high vacancy rates in a depressed job market, industry insiders say.

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Athena Cosmetics launches national push after court ruling

By   /  Friday, January 24th, 2014  /  Health Care & Life Science, Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Athena Cosmetics launches national push after court ruling

A federal appeals court has upheld an order banning Ventura-based Athena Cosmetics from selling its eyelash-boosting products in California but ruled that the firm can resume selling them in the rest of the nation.

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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.