April 22, 2024
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Region sidesteps brunt of SVB impact

By   /  Thursday, March 16th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, middle  /  Comments Off on Region sidesteps brunt of SVB impact

Not so fast. The confidence that was returning to the banking sector eroded a bit on March 15 after Credit Suisse announced it was facing its own financial troubles, but after the Swiss government announced it would be ready to step in “if necessary” those fear abated somewhat. Six days after the collapse of Santa Read More →

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Conejo Valley could be the next big biotech hotspot

By   /  Tuesday, March 14th, 2023  /  Economy, Health Care & Life Science, Latest news, middle, Tri-County Economy  /  Comments Off on Conejo Valley could be the next big biotech hotspot

Thousand Oaks’ biotech hub continues to grow and could rival the largest ones in the country in the next 10-15 years, speakers at a March 10 regional economic forecast program said. The Thousand Oaks City Council has recognized that the growth of the life sciences sector is essential to the city’s economic development, City Manager Read More →

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American Riveria expands presence with new Santa Maria bank

By   /  Thursday, March 9th, 2023  /  Banking & Finance, Latest news, middle, Regions, Santa Barbara County, Tri-County Economy  /  Comments Off on American Riveria expands presence with new Santa Maria bank

Following a successful launch at the beginning of February, American Riviera Bank’s new outpost in Santa Maria is set to meet the diverse financial needs of a region rapidly expanding both economically and as a community. And in just that short time, things are going well, if not better than expected, executives at the bank Read More →

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How small and middle-market companies are preparing for a recession

By   /  Friday, March 3rd, 2023  /  Banking & Finance, Economy, Latest news, middle, Personal Finance, Subscriber content, Tri-County Economy  /  Comments Off on How small and middle-market companies are preparing for a recession

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UC’s Hansen Center expands research capabilities at new Camarillo facility

By   /  Friday, February 24th, 2023  /  Agribusiness, Higher Education, Latest news, middle, Subscriber content, Tri-County Economy  /  Comments Off on UC’s Hansen Center expands research capabilities at new Camarillo facility

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Procore aims for lower net loss, continued high growth in 2023

By   /  Wednesday, February 22nd, 2023  /  Earnings, Latest news, middle, Technology, Tri-County Public Companies  /  Comments Off on Procore aims for lower net loss, continued high growth in 2023

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Wyatt Technology acquired for $1.3 billion

By   /  Wednesday, February 15th, 2023  /  Latest news, middle, Technology, Tri-County Economy  /  Comments Off on Wyatt Technology acquired for $1.3 billion

Santa Barbara-based Wyatt Technology has been acquired for $1.36 billion by Waters Corporation, a publicly traded analytical laboratory instrument manufacturing company, the two parties announced on Feb. 15. The transaction is expected to close in the second quarter of 2023. Kirkland & Ellis LLP is serving as legal counsel to Waters, while Wyatt’s legal counsel Read More →