American Airlines will no longer offer service to Los Angeles from the Santa Barbara Airport starting April 1. The change is due to a nationwide restructuring of the airline’s routes, according to a Feb. 26 announcement.
California Lutheran University in Thousand Oaks has received its largest-ever scholarship donation, a $4.7 million estate gift from a Pacific Palisades educator, the university said Feb. 25.
In what is likely the biggest funding round ever for a Ventura-based tech company, digital advertising firm The Trade Desk has raised $20 million in venture capital in a second financing round led by Hermes Growth Partners.
Transphorm, a maker of energy-efficient electronic components, has raised $15 million in additional capital related to its recent partnership with Fujitsu Ltd. of Japan. Tyrian Systems, a firm founded by a pair of longtime infrared sensor entrepreneurs to commercialize thermal vision technology, has raised an $8.3 million Series B investment.
A fight over expansion at an oil refinery near Nipomo has taken shape, with the source of new oil and a potential clash between federal and county regulation of railroads emerging as key issues.
