Business Times announce 15th annual Spirit of Small Business honorees
The Pacific Coast Business Times have announced the winners of our 15th annual Spirit of Small Business Awards. This year’s awards was again a successful partnership between the Business Times and the U.S. Small Business Administration. The Spirit of Small Business section was included in the July 28-Aug. 3 publication of the Business Times. Subscribers Read More →
Net income up 15 percent at Community West Bancshares
Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →
Amgen to pay $1.15 dividend to shareholders
The board of directors for Thousand Oaks biopharmaceutical giant Amgen approved at $1.15 dividend for the third quarter on July 28. Shareholders of record at the close of day on Aug. 17 will be paid the dividend on Sept. 8. • Contact Marissa Nall at mnall@pacbiztimes.com.
PG&E sends out alert over Diablo Canyon Power Plant oxygen levels
Pacific Gas & Electric Company released an alert of decreased oxygen levels for a containment unit at the Diablo Canyon Power Plant in San Luis Obispo County on July 28. The alert began at 12:06 p.m., but the company said both units were operating at full power and employees and the public were not at Read More →
Time for the Fed to get out of the way
By Gerry Frigon A recent article by Anthony Mirhaydari, published in The Fiscal Times, wonders if the Federal Reserve is about to begin a “war on the rich.” Mirhaydari cites Merrill Lynch Chief Investment Strategist Michael Hartnett, who appears to suggest that such is the case in his call for a “big top” in stocks Read More →