Community West Bank acquires United Security Bank
Community West Bancshares will substantially grow its footprint in the Central Valley with the acquisition of United Security Bank in an all-stock transaction. The combined bank will operate under the Community West name, and assets will total around $5 billion, according to a statement announcing the merger on Dec. 17. Both bank boards have approved Read More →
Dubroff: Honoring Kenji, a photographer with a big heart
In the post-pandemic era, it’s been hard to imagine a Business Times event without the presence of Kenji, a skillful photographer who quietly pursued his craft and made our picture pages come to life. Event photography doesn’t pay as well as commercial work, but it’s a once-a-month gig that puts food on the table. The Read More →
Direct Relief on tear with another 4-star rating from Charity Navigator
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Dubroff: Market volatility hits new highs as holidays arrive
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Santa Barbara tech firm has students’ cell phones in the bag
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Calavo ponders buyout as CEO retires
Santa Paula-based Calavo Growers announced that Lee Cole will retire as president and CEO on Dec. 8 — his second retirement in five years — as the company ponders an unsolicited proposal. Announced Nov. 12, this was Cole’s second stint as CEO, as his first go-round was from 1999 until 2020, and he also served as Read More →
Amgen delivers earnings beat in Q3
Thousand Oaks-based Amgen delivered a sound third-quarter earnings beat when it announced financial results on Nov. 4, highlighting big sales beats from blockbuster drugs Repatha and Prolia. Amgen, one of the largest biotechnology companies in the world, announced that revenue for the quarter ended Sept. 30 reached $9.6 billion, a 12% year-over-year increase, driven by Read More →
