Downtown decision – Meetings slated on proposed improvement district
Small BusinessVentura city and downtown business leaders again are trying to form an improvement district to keep improving the economy by fixing streets and sidewalks and providing more security. The Downtown Ventura Organization, or DVO, is planning to hold a series of town hall-style meetings beginning Aug. 12 to discuss formation of the district. “The momentum Read More →
Just for laughs – Partners reopen Ventura Harbor Comedy
UncategorizedWith the current state of the economy, nobody seems to be laughing – except Randy Lubas and Andres Fernandez, the new owners of the Ventura Harbor Comedy Club. “We are going to turn this into the entertainment source not just for the harbor, but everywhere else,” said co-owner Fernandez. He has been performing stand-up comedy Read More →
Deal gone bad yields lawsuit
UncategorizedTwo men who engineered the $190 million sale of Goleta-based Indigo Systems to Oregon-based FLIR Systems have sued the firms, alleging that FLIR scuttled their attempts to start a new business venture with Raytheon and seeking damages for the lost deal. The lawsuit, filed July 10 in Santa Barbara County Superior Court, is the latest Read More →
GRT gets the most out of natural gas
ColumnsSanta Barbara-based Gas Reaction Technologies, or GRT, doesn’t do alchemy, but it comes pretty close. The company, founded in 1999, has invented a process that turns natural gas that otherwise would be wasted into gasoline and other useful products. The initial advances were discovered at GRT and the University of California, Santa Barbara. On July Read More →
Ventura Co. man remains in custody for alleged unlicensed money-trading
UncategorizedJames Michael Fayed, co-owner of a Camarillo-based international gold-trading company is being held without bail as federal prosecutors pursue a charge that he operated an unlicensed money-transmitting business since April 2006 with his wife. The indictment does not mention that Fayed’s estranged wife, Pamela, 45, was stabbed to death July 28 in a Century City Read More →
Weber sues Picnic Time
UncategorizedWeber-Stephen Products Co., the closely held maker of Weber barbeque grills, sued a Moorpark-based wholesaler of picnic products for patent infringement. The Portagrillo portable barbeque grill sold by Picnic Time Inc., of Moorpark, infringed three U.S. patents, Weber-Stephen said in its July 24 complaint filed in Chicago federal court.
