Port extends banana contract
The Port of Hueneme has secured a five-year extension of its contract with Del Monte Fresh produce, the port’s biggest banana customer. Bananas are the port’s largest import, accounting for about 46 percent of its overall import business by revenue ton, a unit of measure devised to equalize shipments of disparate products. The banana firm Read More →
Thomas Aquinas sues over birth-control mandate
Santa Paula-based Thomas Aquinas College has joined with several other Catholic educational institutions in a lawsuit against the federal government over a mandate that the school provide coverage for contraceptives under the Affordable Care Act. The lawsuit was filed in Washington D.C. The college’s co-plaintiffs are the Roman Catholic Archbishop of Washington, The Catholic University Read More →
NFP buys Simi Valley entertainment insurance firm
A division of National Financial Partners Corp., one of the largest insurance brokerage firms in the country, has acquired a niche Simi Valley business for an undisclosed amount. New York-based NFP said Sept. 9 that its had bought Insurance West Corp., a Ventura County-based firm that offers insurance to the entertainment equipment rental industry as Read More →
Schniepp: Outlook calls for robust housing recovery, modest job gains
Expect home prices to continue to rise and slow job-growth gains in Ventura County next year. That was the outlook from regional economist Mark Schniepp of the California Economic Forecast, speaking at Hyatt Westlake Plaza in Thousand Oaks on Sept. 19. Tracking trends at the statewide level, Ventura County will see more housing starts, retail Read More →
Warner pleads guilty to tax evasion, faces $53M penalty
Ty Warner, the Chicago billionaire and part-time Santa Barbara resident who owns the Four Seasons Biltmore, has been charged with federal tax evasion and plans to pay a $53 million penalty. Warner, the mind behind the wildly successful Beanie Baby toys, was charged with allegedly failing to report income he earned in a secret offshore Read More →
