Refugio oil spill pinches tri-county small businesses
By pacbiztimes / Friday, July 3rd, 2015 / Energy, Latest news, Small Business, South Coast, Top Stories, Tourism / Comments Off on Refugio oil spill pinches tri-county small businesses

Jamie Diamond is thrilled that the region’s fishing ban has been lifted but her sportfishing business is still reeling from the Refugio oil spill. Diamond has owned and operated Santa Barbara-based Stardust Sportfishing with her husband Jason for the past 20 years. They take private charters and open parties of tourists and local regulars fishing Read More →
UC sells ag land in Ventura to South Coast homebuilder, proceeds could help fund new research center
By Elijah Brumback / Thursday, July 2nd, 2015 / Agribusiness, Latest news, Real Estate, South Coast, Top Stories / Comments Off on UC sells ag land in Ventura to South Coast homebuilder, proceeds could help fund new research center
The roughly 36-acre parcel located at the southeast corner of Saticoy Avenue and Telegraph road was sold to Williams Homes — the top bidder for the land — and comes with entitlements to build a new residential neighborhood.
Baxter Bioscience becomes Baxalta
By Staff Report / Wednesday, July 1st, 2015 / East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Baxter Bioscience becomes Baxalta
East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the Read More →
James W. Lokey appointed to board of Community West Bancshares
By Staff Report / Monday, June 29th, 2015 / Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories, Tri-County Economy / Comments Off on James W. Lokey appointed to board of Community West Bancshares
Veteran community banker James W. Lokey has been appointed to the board of Community West Bancshares, bringing a veteran dealmaker into the Community West ranks and strengthening the Goleta-based bank’s push into San Luis Obispo County. Lokey, a resident of SLO County, was the longtime CEO of Mid-State Bank & Trust and negotiated that bank’s Read More →
Refugio oil spill cleanup costs near $100 million
By pacbiztimes / Saturday, June 27th, 2015 / Energy, Latest news, South Coast, Top Stories, Tourism / Comments Off on Refugio oil spill cleanup costs near $100 million

Plains All American Pipeline estimates that the cleanup of the oil spill near Refugio Beach has cost $96 million thus far, but the economic and environmental consequences may be more difficult to quantify. The Assembly Natural Resources Committee and Senate Select Committee on the Refugio Oil Spill held a joint oversight hearing at the Read More →
Appfolio has successful IPO; stock closes Monday at $13.70
By Philip Joens / Friday, June 26th, 2015 / Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Appfolio has successful IPO; stock closes Monday at $13.70

Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 Read More →
A look at Central Coast entrepreneurial ecosystem
By Guest commentary / Friday, June 26th, 2015 / Central Coast, Columns, Op/Eds, Opinion, Tri-County Economy / Comments Off on A look at Central Coast entrepreneurial ecosystem
Entrepreneurship is a word we hear often, with good reason: More people are choosing to forgo the predictable paycheck as an employee for the opportunity to spin their idea into a tangible business of their own. For the first time in five years, the Startup Activity Index rose in 2015, showing the largest year-over-year increase Read More →