GoBiz director calls on communities to invest in workforce development
California’s sometimes inward-looking cities need to make economic and business development a key part of their plans. And they will probably have more success if they can think regionally about workforce and business issues. That was the message that Kish Rajan, director of the Governor’s Office of Business & Economic Development, or GoBiz, brought to Read More →
PennyMac counts on family, Countrywide ties
PennyMac, the Moorpark-based firm founded by former top brass at Countrywide Financial Corp., has inked a $550 million loan repurchasing deal with Bank of America. The deal forms a half-billion-dollar pact among three companies that have been intimately connected since shortly after Countrywide, the firm at the heart of the subprime loan meltdown, was Read More →
Network Hardware Resale becomes Curvature as strategy shifts
Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.
Santa Maria, remixed: City looks for winning formula
A year after Santa Maria got a new theater complex and a Fallas Discount Store moved into the space formerly occupied by a Mervyn’s department store, city leaders are still scratching their heads over how best to revitalize its struggling retail core.
Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley
One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.
