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Tri-county public company ranks shrink as Vitesse sells for $389M

By   /  Wednesday, March 18th, 2015  /  Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Tri-county public company ranks shrink as Vitesse sells for $389M

The deal values Vitesse at $5.28 per share, a premium of 32 percent over the stock’s 30-day average closing price.

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Simon bid shakes up mall ownership

By   /  Friday, March 13th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Simon bid shakes up mall ownership

Indianapolis-based Simon Property Group isn’t satisfied with its 3.6 percent ownership stake in its real estate investment trust competitor Macerich Co.

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Amgen braces for battle over biosimilars

By   /  Friday, March 13th, 2015  /  East Ventura County, Latest news, Technology, Top Stories  /  Comments Off on Amgen braces for battle over biosimilars

On March 9, a company memo announced its plans to shutter San Francisco facilities once belonging to Onyx Pharmaceuticals and lay off 300 employees there.

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Craft brew startups look for niches as capital bubbles up

By   /  Friday, March 13th, 2015  /  Latest news, Small Business, Top Stories  /  Comments Off on Craft brew startups look for niches as capital bubbles up

While jousting in the upper rungs of the craft beer industry is limited, the battle at the bottom is getting interesting.

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County won’t OK wastewater firm permit

By   /  Friday, March 13th, 2015  /  Latest news, Top Stories, West Ventura County  /  Comments Off on County won’t OK wastewater firm permit

SCWW remains closed and disputes the findings that led to it being shut out of Ventura County pipelines.

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Forging a new Isla Vista: While politicians talk, area developer builds a teen center

By   /  Friday, March 13th, 2015  /  Latest news, Nonprofits, Top Stories  /  Comments Off on Forging a new Isla Vista: While politicians talk, area developer builds a teen center

As Santa Barbara County continues to brush aside issues facing the unincorporated area of Isla Vista, leaving UC Santa Barbara to direct development, services for the families living in the student-dominated community have fallen by the wayside.

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Law: Ventura County case spotlights dispute over NBVC complex

By   /  Friday, March 13th, 2015  /  Columns, Latest news, Law & Goverment, Real Estate, Top Stories  /  Comments Off on Law: Ventura County case spotlights dispute over NBVC complex

A company that helped build a 300-unit housing project for Naval Base Ventura County in Port Hueneme claims it’s owed more than $7 million by its long-time development partner. Watt Properties, in addition to plaintiffs F.W. Parker and David Parker, filed a complaint March 3 in Ventura County Superior Court against Jesco Limited Partnership. The Read More →