Flat population, more competition spells trouble for restaurants
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Tri-county ag firms face tariff on Mexican goods
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Semtech’s LoRa spreads wide net around the globe
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QAD’s Lopker charted her own path to success
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Regional economy expected to grow under Trump
The regional economy will continue to rally around the positive momentum stemming from the election of President Donald Trump, Director of the California Economic Forecast Mark Schniepp said Feb. 2. Schniepp expects modest economic growth to continue through 2017. The “Trump bump” may even delay a recession, speakers said at the 2017 Los Angeles County Read More →
Former El Torito property on waterfront sells for $7.2 million
The former El Torito property on the Santa Barbara waterfront was sold for $7.2 million, Lee & Associates announced on Feb. 2. The owners are planning to re-tenant the space with a new undisclosed restaurant, the commercial real estate company said. The 9,500-square-foot space at 29 E. Cabrillo Boulevard has a 12,000-square-foot beachfront and sits Read More →
PennyMac Financial beats Wall Street’s earnings estimates
Updated at 1 p.m. on Feb. 3: Moorpark-based PennyMac Financial Services reported net income of $113.8 million on revenue of $289.3 million for the fourth quarter of 2016, exceeding Wall Street’s expectations on earnings per share. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of Read More →
