Clean Diesel changes ethics rules after $1.9M federal fine
By Stephen Nellis / Friday, December 20th, 2013 / Technology, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
Updated: Parkers submit scaled-down plans for second waterfront hotel
By Staff Report / Wednesday, December 18th, 2013 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Updated: Parkers submit scaled-down plans for second waterfront hotel
The family of late actor and developer Fess Parker has submitted initial concept drawings to the Historic Landmarks Commission for the property on Cabrillo Boulevard. The Parkers told the Business Times that they are moving forward with plans for an upmarket, boutique inn, which would be located next to the 360-room Fess Parker DoubleTree Resort.
Amgen spinout Atara raises $38.5 million
By Staff Report / Tuesday, December 17th, 2013 / Health Care & Life Science, Technology, Top Stories / Comments Off on Amgen spinout Atara raises $38.5 million
Atara Biotherapeutics, a Thousand Oaks firm that emerged last year with major Silicon Valley backers and licenses to develop six Amgen assets, has raised $38.5 million to pursue treatments for dialysis complications and ovarian cancer.
Outside funds fuel county’s energy boom
By Stephen Nellis / Friday, December 13th, 2013 / Central Coast, South Coast, Top Stories, Tri-County Economy / Comments Off on Outside funds fuel county’s energy boom
Santa Maria Energy’s deal to go public and bring its total funds raised to date to an estimated $90 million caps a flurry of renewed investment and activity in Santa Barbara County’s oil fields, both onshore and offshore. In addition to 136 wells that Santa Maria Energy has planned, Denver-based Venoco has proposals before regulators Read More →
Rivals team up on Paso Robles water as lawsuit threat looms
By Stephen Nellis / Friday, December 13th, 2013 / Agribusiness, Central Coast, Top Stories, Tri-County Economy, Wine & Viticulture / Comments Off on Rivals team up on Paso Robles water as lawsuit threat looms
An agreement reached by two of the groups jockeying to shape the future of a water district in Paso Robles wine country won’t stop two lawsuits that could lead to years in court and millions of dollars in legal fees to sort out the water basin’s woes.
Salem buys Twitchy.com from Michelle Malkin
By Staff Report / Tuesday, December 10th, 2013 / Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Salem buys Twitchy.com from Michelle Malkin
Salem Communications said Dec. 10 that it has purchased startup Twitter curation website Twitchy.com from conservative political columnist Michelle Malkin for an undisclosed sum. Camarillo-based Salem runs dozens of Christian and conservative radio stations and websites including HotAir.com. It also publishes magazines and books under those themes.
Clean Diesel CEO resigns after Pirelli deal dissolves
By Staff Report / Tuesday, December 10th, 2013 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel CEO resigns after Pirelli deal dissolves
Ventura-based Clean Diesel Technologies said Dec. 10 that CEO and President R. Craig Breese has resigned to “pursue other opportunities.” He will remain at his post until Jan. 8 and the company has created an interim office of the chief executive to replace him. Breese was also a member of the board of directors.
