Port pumps $200M into region
Port Hueneme, a major entry point for cars and bananas in Ventura County, generates about $202 million in economic output and supports 1,516 jobs, according to a study released today. The report, issued by the Center for Economic Research and Forecasting at Thousand Oaks-based California Lutheran University, analyzed the port, which is the only deepwater Read More →
Forecast: Universities brace for budget cuts
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Mission pays off TARP
Mission Community Bancorp has repaid the $5.1 million in federal bank rescue funds it took at the height of the financial crisis. The San Luis Obispo-based company said Jan. 4 that it had paid $5.1 million from the Troubled Asset Relief Program to the U.S. Treasury, including $30,554 in accrued and unpaid dividends. “The capital Read More →
Yardi buys health record firm
Yardi Systems, a Goleta-based property management software firm, has acquired a company that makes electronic health record software for nursing homes and other facilities. Yardi said it bought Eagle, Idaho-based ALMSA Corp., which makes software for both electronic health records and electronic prescriptions. The companies did not disclose terms of the deal, but said ALMSA Read More →
Phone firm pushes back against FTC
A Newbury Park-based company is vowing to fight charges by the Federal Trade Commission that it broke telemarketing rules by helping clients make so-called “robocalls,” violate the national “Do Not Call” registry and mask caller IDs. The FTC alleges the calls generated thousands of complaints from consumers. Peter Turpel, the founder of Phone On-Hold Marketing Read More →
