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 →
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 →
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 →
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 →
The Obama Administration racked up one of the biggest wins in decades for global trade when it won approval in the Senate to move forward with the Trans Pacific Partnership. The partnership will open the doors for trade and development with a dozen Asian nations. China is not included but passage of TPP, which is Read More →
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