July 15, 2024

		

			
				

				   	

				    
				    
				    

					
 

				    

				    				    	
				    

				


			

		

		
		
 
			

				
												


								
								

								
																
								
 | Tuesday, June 17th, 2014

								
Oxnard Gold’s Gym operator ordered to pay $6M in penalties

								Law & Goverment, Top Stories, Tri-County Economy, West Ventura County								
Gold’s Gym Oxnard and its owner, Noel Thompson, have been ordered to pay $6 million in civil penalties and restitution, Ventura County District Attorney Greg Totten said in a June 17 statement. According to the district attorney’s complaint, Thompson’s businesses violated several consumer-protection laws by collecting money on void and illegal contracts, charging gym members’ Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Friday, June 13th, 2014

								
Record crowd as awards honor business leaders, star students

								Nonprofits, Small Business, South Coast								
More than 700 business and community members turned out to the 20th annual South Coast Business and Technology Awards dinner on June 12. The attendance was the highest yet for the event, which has helped raise $1.6 million in scholarships to more than 650 students over the past two decades. The event honors leaders from Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Friday, June 13th, 2014

								
Coast National Bank parent raises $6.8M in private placement

								Banking & Finance, Banking Industry, Top Stories								
Coast Bancorp has raised $6.8 million through a private placement of debt and equity, a capital infusion that the San Luis Obispo-based banking firm said will be used for future growth as it turns the corner toward profitability. The parent company of Coast National Bank said the raise included 4.8 million shares of common stock Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, June 12th, 2014

								
Upper State Street office building sells for $10 million

								Real Estate, Top Stories								
  The building anchored by Citibank at 3757 State St. in Santa Barbara has been sold for just shy of $10 million, marking the largest sale of an office property on upper State Street since 2005, according to brokers behind the deal. The buyer and seller were not disclosed. The 20,000-square-foot building, which retains a long-term Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, June 11th, 2014

								
Procore Technologies raises $15M from Bessemer

								Latest news, South Coast, Technology, Top Stories, Tri-County Economy								
Carpinteria-based Procore Technologies, company that makes cloud-based construction management software, has raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, June 11th, 2014

								
Venoco cuts workforce

								Latest news, South Coast, Tri-County Economy								
Venoco, a Denver-based oil company with operations in the Tri-Counties, is laying off part of its workforce.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, June 11th, 2014

								
EDCO president to retire Sept. 1

								Latest news, Nonprofits, Tri-County Economy, West Ventura County								
Marking the fourth transition at a major Ventura County nonprofit in less than a month, Steve Kinney, the founding president of EDCO, the economic development group for Oxnard, said he will step down on Sept. 1.