March 4, 2025

		

Jorge Mercado

Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.


| Wednesday, November 13th, 2024

Former SLO developer sentenced to 5 years in prison

Latest news, Law & Goverment, San Luis Obispo County

A former San Luis Obispo County real estate developer, Ryan Wright, has been sentenced to five years for bribing a local politician nearly $95,000 in exchange for acts benefiting the company’s development projects. Wright, 38, was sentenced on Nov. 12 by United States District Judge Percy Anderson. Wright, formerly known as Ryan Petetit, has been Read More →

| Monday, November 11th, 2024

MannKind keeps hitting higher revenues

Earnings, Latest news, middle, Technology, Tri-County Public Companies

Westlake Village-based MannKind saw rising revenue and gave a positive update to its orphan lung pipeline when it announced its earnings for the third quarter of 2024. MannKind, a biotechnology company that develops treatments for diabetes and pulmonary arterial hypertension, announced that revenue for the quarter ended Sept. 30 hit $70.1 million, up from $51.2 Read More →

| Monday, November 11th, 2024

Olaplex’s struggles continue as earnings miss estimates

Earnings, Latest news, left, Retailing, Tri-County Public Companies

Montecito-based Olaplex missed analyst expectations in both revenue and net income when it announced its earnings for the third quarter of 2024. Announced Nov. 7, Olaplex noted that sales decreased 3.6% to $119.1 million in the third quarter of 2024.As a result, net income decreased 27.3% to $14.7 million and adjusted net income decreased 13.8% Read More →

| Friday, November 8th, 2024

Street smarts: Ojai Valley Inn to temporarily close in January

Central Coast, Latest news, Nonprofits, Philanthropy, Subscriber content, Tourism, Tri-County Economy

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Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

| Wednesday, November 6th, 2024

Procore cuts down on losses, keeps growing sales

Earnings, Latest news, Santa Barbara County, Subscriber content, Technology, Tri-County Public Companies

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| Wednesday, November 6th, 2024

CCEF highlights the potential for growth in SLO County

Economy, middle, San Luis Obispo County, Subscriber content, Tri-County Economy

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| Wednesday, November 6th, 2024

Teledyne makes largest purchase since FLIR deal

Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Public Companies, Ventura County

It has been a busy week for Thousand Oaks-based Teledyne Technologies. Just a few days after the technology and defense conglomerate announced it had made an acquisition, Teledyne announced it made an even bigger purchase the morning of Nov. 6. In an effort to bolster its aerospace and defense electronics business, Teledyne announced it has acquired select businesses in Read More →