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 →
New Yorker faces SEC charges over Clean Diesel trades
A New York investor relations executive has been charged with insider trading for using knowledge gained preparing press releases for Oxnard-based Clean Diesel Technologies for personal profit.
Community West Bank COO dies
Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and 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.
