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Reason study: Taxpayers would save $460M with pension overhaul

By   /  Friday, March 28th, 2014  /  East Ventura County, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Reason study: Taxpayers would save $460M with pension overhaul

A proposal to change Ventura County’s public-employee pension system from a defined-benefit to a 401(k)-style system would save taxpayers $5.4 million in cash flow over the first two years and $51.6 million in cumulative savings over five years of reform, according to a study by the Los Angeles-based Reason Foundation, a libertarian think tank. The Read More →

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Inogen swings to $18.2M profit in 2013

By   /  Friday, March 28th, 2014  /  Banking & Finance, Earnings, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen swings to $18.2M profit in 2013

Medical device maker Inogen notched $18.2 million in profits, or $1.10 per diluted share, on $75.4 million in revenue last year, the Goleta firm said in its first earnings report as a public company.

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2014 class of Top Women in Business announced

By   /  Friday, March 28th, 2014  /  Special Sections, Top Stories, Women Inc.  /  1 Comment

This special section honors 50 women business leaders in the Tri-Counties. In addition, we’ve profiled our awards reception keynote speaker: Zhena Muzyka, founder of Zhena’s Gypsy Tea.

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Region presses ‘play’ on $60M film production industry

By   /  Friday, March 28th, 2014  /  Central Coast, East Ventura County, South Coast, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on Region presses ‘play’ on $60M film production industry

Film and television production reels in an estimated $60 million for the region each year, and the industry’s impact on the Tri-Counties is likely to rise as tourism groups in each of the three counties ramp up their outreach to Hollywood.

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Limoneira could lead water-efficiency push in California drought

By   /  Friday, March 28th, 2014  /  Columns, Opinion  /  Comments Off on Limoneira could lead water-efficiency push in California drought

One of the cool things about covering business in the Tri-Counties is that at least once a year we get a pretty close look at what’s happening at one of the region’s largest agribusiness holding companies. That’s because Santa Paula-based Limoneira Co., founded in 1893, happens to be a publicly traded company. The company began Read More →

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A soft touch for transit: CHK America builds interactive route maps for cities

By   /  Friday, March 28th, 2014  /  Small Business, South Coast, Technology, Top Stories  /  Comments Off on A soft touch for transit: CHK America builds interactive route maps for cities

The first unit is being tested at the Santa Barbara MTD Transit Center, where the company will be refining the software that runs the system to make it as useful as possible to riders.

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Santa Barbara firms team up to buy Avila Beach hotel project

By   /  Friday, March 28th, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Santa Barbara firms team up to buy Avila Beach hotel project

The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.