Baxalta laying off 100 employees in Thousand Oaks
Baxalta, a biotechnology company with 1,200 employees in Thousand Oaks, is laying off 100 workers at that office on May 1. Layoffs will affect 239 Baxalta employees across the state at offices in Thousand Oaks, Los Angeles and Van Nuys, according to notices filed March 2 with the state of California. At Baxalta’s office at Read More →
SBA offers loans to businesses affected by Ventura Harbor closing
The Small Business Development Center at 1603 Anchors Way in Ventura will provide loan counseling to businesses affected by the recent closure of the Ventura Harbor through March 3. The U.S. Small Business Administration declared the closure a disaster, enabling it to provide assistance to businesses that experienced adverse financial impacts. Economic Injury Disaster Loans Read More →
Citizens Business Bank finalizes acquisition of County Commerce Bank
Citizens Business Bank finalized its acquisition of County Commerce Bank, the company announced on Feb. 29. In exchange for all of County Commerce’s common stock and options, Citizens paid $41.25 million — half in stock and half in cash. That equates to $16.79 per County Commerce share. County Commerce earned 40 consecutive “Five Star” quarterly Read More →
Semtech adds Li to board of directors
Semtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, announced Feb. 29 that its board of directors has appointed Ye Jane Li as its newest director, effective Feb. 25. Li has been a strategic advisor to Diversis Capital, LLC, a private equity firm that invests in middle-market companies, since 2013. Li was the chief operating Read More →
Resonant names president, chief commercial officer
Resonant, a late-stage development company based in Goleta that creates innovative filter designs for radio frequency front-ends for the mobile device industry, announced Feb. 29 that it has named George B. Holmes to the newly created post of president and chief commercial officer and appointed him to its board of directors, effective immediately. Holmes brings Read More →
Minuteman 3 missile launched from Vandenberg Air Force Base
The U.S. Air Force conducted its second intercontinental ballistic missile test from Vandenberg Air Force Base in a week Feb. 25. An unarmed Minuteman 3 launched at 11:01 p.m. from Vandenberg on Feb. 25 only five days after the U.S. launched another Minuteman 3. The missile traveled about 4,200 miles and hit a target near Read More →
Caruso’s Miramar hotel revival gets OK to begin construction
The controversial multimillion-dollar revival of the Miramar Hotel and Resort in Montecito is moving forward after the Montecito Water District allowed developer Rick Caruso to increase the size of the project’s water meters. The MWD initially denied the newest iteration of the long-debated Miramar project because of the district’s severe water shortage. The issue at Read More →
