December 10, 2024
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Appeals court declines to halt logging project in Los Padres National Forest

By   /  Thursday, November 14th, 2024  /  Latest news, Law & Goverment  /  Comments Off on Appeals court declines to halt logging project in Los Padres National Forest

The Ninth Circuit Court of Appeals on Nov. 12 declined to halt a logging and vegetation clearing project atop Pine Mountain and Reyes Peak in Ventura County’s Los Padres National Forest. Various environmental groups, plus Ventura County, Ojai and Patagonia Works, have sued the U.S. Forest Service to halt the project on grounds that it would violate environmental Read More →

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SoCal Edison sued in connection with Mountain Fire

By   /  Thursday, November 14th, 2024  /  East Ventura County, Latest news, left  /  Comments Off on SoCal Edison sued in connection with Mountain Fire

As the investigation into the Mountain Fire’s origins continues, a class action lawsuit was filed Nov. 8 alleging that the Ventura County blaze was started by Southern California Edison’s equipment.  The utility giant denies the allegations. The Ventura County Superior Court suit, alleging negligence and inverse condemnation, was filed by Pamela and Kenneth McWaid and seeks general Read More →

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Former SLO developer sentenced to 5 years in prison

By   /  Wednesday, November 13th, 2024  /  Latest news, Law & Goverment, San Luis Obispo County  /  Comments Off on Former SLO developer sentenced to 5 years in prison

A former San Luis Obispo County real estate developer, Ryan Wright, has been sentenced to five years for bribing a local politician nearly $95,000 in exchange for acts benefiting the company’s development projects. Wright, 38, was sentenced on Nov. 12 by United States District Judge Percy Anderson. Wright, formerly known as Ryan Petetit, has been Read More →

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MannKind keeps hitting higher revenues

By   /  Monday, November 11th, 2024  /  Earnings, Latest news, middle, Technology, Tri-County Public Companies  /  Comments Off on MannKind keeps hitting higher revenues

Westlake Village-based MannKind saw rising revenue and gave a positive update to its orphan lung pipeline when it announced its earnings for the third quarter of 2024. MannKind, a biotechnology company that develops treatments for diabetes and pulmonary arterial hypertension, announced that revenue for the quarter ended Sept. 30 hit $70.1 million, up from $51.2 Read More →

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Olaplex’s struggles continue as earnings miss estimates

By   /  Monday, November 11th, 2024  /  Earnings, Latest news, left, Retailing, Tri-County Public Companies  /  Comments Off on Olaplex’s struggles continue as earnings miss estimates

Montecito-based Olaplex missed analyst expectations in both revenue and net income when it announced its earnings for the third quarter of 2024. Announced Nov. 7, Olaplex noted that sales decreased 3.6% to $119.1 million in the third quarter of 2024.As a result, net income decreased 27.3% to $14.7 million and adjusted net income decreased 13.8% Read More →

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Guest commentary: Navigating the recent surge in refinance activity

By   /  Friday, November 8th, 2024  /  Latest news, Op/Eds, Opinion  /  Comments Off on Guest commentary: Navigating the recent surge in refinance activity

By Sergio Gonzalez Recently, the Federal Reserve’s decision to cut interest rates for the first time since March 2020, has sparked a surge in refinance activity, which should come as no surprise to those who track market trends.  When rates drop, homeowners naturally begin to consider refinancing their mortgages to secure a lower rate, reduce monthly payments, or even Read More →

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Street smarts: Ojai Valley Inn to temporarily close in January

By   /  Friday, November 8th, 2024  /  Central Coast, Latest news, Nonprofits, Philanthropy, Subscriber content, Tourism, Tri-County Economy  /  Comments Off on Street smarts: Ojai Valley Inn to temporarily close in January

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