Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition
For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →
Dignity Health restructures, names new division chief
Dignity Health Central Coast, the biggest hospital network in the tri-county region, is becoming CommonSpirit Health—and much about the hospital chain is changing, starting at the top. On Dec. 30, Dignity Health Central Coast CEO and President Chuck Cova announced his retirement. As he steps down, the nonprofit hospital chain is restructuring by expanding the Read More →
Coming in 2021: Economic recovery, eventually
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Restaurant losses mount since outdoor dining ban
Restaurants across the country have been decimated by the COVID-19 pandemic, and the latest stay-home order in Southern California hasn’t helped. One restaurant owner said sales are down 80% since outdoor dining ended.
Five tech business trends to watch in 2021
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Guitar Center bankruptcy hits final note
Guitar Center announced that it emerged from Chapter 11 bankruptcy proceedings after its reorganization plan was confirmed in federal court on Dec. 17, less than a month after the company filed for bankruptcy. The plan puts into motion a collection of previously announced recapitalizations, including exit financing and the abolishment of all of Guitar Center’s Read More →
2020: The Year In Review
The Dec. 25 edition of the Pacific Coast Business Times was our annual Year In Review, featuring a look back at our biggest and most interesting stories from a year we won’t soon forget, as much as we all might like to. Here is a look at 2020 through our headlines, starting in January, when Read More →
