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Tri-Counties has new appeal for biotech startups

By   /  Friday, January 8th, 2016  /  East Ventura County, Health Care & Life Science, Latest news  /  Comments Off on Tri-Counties has new appeal for biotech startups

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East VC companies pin hopes on Small Business Saturday

By   /  Friday, November 20th, 2015  /  East Ventura County, Latest news, Small Business, Top Stories  /  Comments Off on East VC companies pin hopes on Small Business Saturday

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Port of Hueneme gets $12.3 million grant

By   /  Monday, October 26th, 2015  /  Latest news, Top Stories, West Ventura County  /  Comments Off on Port of Hueneme gets $12.3 million grant

The Port of Hueneme has been awarded a $12.3 million grant from the U.S. Department of Transportation for improvements. “This is a big win for the Port of Hueneme. As one of the crown jewels of Ventura County, the economic impact of the port on our local economy cannot be overstated,” said Congresswoman Julia Brownley, Read More →

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Mergers reshape tri-county banking

By   /  Friday, October 23rd, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Mergers reshape tri-county banking

Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →

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Ryland Group’s Westlake office to close in 2016 due to merger

By   /  Friday, October 16th, 2015  /  Columns, East Ventura County, Latest news, Real Estate  /  Comments Off on Ryland Group’s Westlake office to close in 2016 due to merger

  The Ryland Group office in Westlake Village will close in 2016 following the company’s merger with Standard Pacific Homes. Homebuilders Ryland and Irvine-based Standard Pacific recently completed a $5.2-billion merger to create CalAtlantic Group, the nation’s fourth largest residential home developer. Larry Nicholson, former CEO of Ryland, will serve as CEO of the new Read More →

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Kythera laying off 117 employees in Westlake Village

By   /  Tuesday, October 13th, 2015  /  Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Kythera laying off 117 employees in Westlake Village

Kythera Biopharmaceuticals is permanently laying off 117 employees at its Westlake Village offices, according to a filing today with the Securities and Exchange Commission. The layoffs come as no surprise and appear to be part of Kythera’s merger with Dublin-based Allergan. On June 17, Allergan announced that it would buy Kythera for $2.1 billion. The Read More →

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Goleta building changes hands as tech company moves to Thousand Oaks

By   /  Friday, October 9th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Goleta building changes hands as tech company moves to Thousand Oaks

  Goleta is losing one of its longtime tech firms to Thousand Oaks but accommodating an expanding homegrown company. Goleta-based BEI Sensors, which creates speed and position sensors for the defense, industrial and aerospace markets, consolidated its workforce to its 1461 Lawrence Drive headquarters in Thousand Oaks. The move made way for Goleta-based Integrated Procurement Read More →