La Entrada project takes toll on other businesses in area
The La Entrada mixed-use development on lower State Street is poised to reshape the downtown Santa Barbara retail landscape, but the massive construction project has left some businesses in its dust. The northbound lane reopened on July 1 on the State Street section that bridges downtown and the waterfront, but the relief came too late Read More →
Impact of U.K. leaving EU minimal in Tri-Counties
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CalAmp revenues up 39 percent compared to last year
CalAmp revenues soared during the first quarter of fiscal year 2017 but the company lost $2.7 million as the Oxnard-based wireless parts maker completed its acquisition of LoJack, CalAmp reported June 28. Revenues shot up 39 percent during the quarter from $65.4 million in 2016 to $91.1 million during the same period in fiscal 2017. Read More →
Tri-county stocks fall after Britain votes to exit EU
Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →
Ventura County tourism growing
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Strawberry crop might not always remain No. 1
It’s going to take a lot to dethrone the strawberry as the region’s top crop. But there are plenty of signs that the juicy red fruit that’s a year round sensation may not last forever at the top of the agribusiness pile. The retirement of the Dullam family, reported earlier in the Business Times, and Read More →
Strawberry crop insurance changes topic of meetings
Western Growers and the U.S. Department of Agriculture Risk Management Agency announced June 8 that they will host two meetings to discuss changes to the Strawberry Crop Insurance Program. The program has provided federally subsidized insurance for strawberry growers since it was created in 2012. It protects growers in Santa Barbara, Ventura and several other Read More →
