Judge keeps Plains oil spill grand jury transcripts sealed
Plains All American Pipeline and Plains employee James Buchanan pleaded not guilty to criminal charges regarding the Refugio oil spill and the court ruled on July 28 that the grand jury transcripts in the indictment will remain sealed until the trial’s completion. Houston-based Plains was charged with four felonies and 42 misdemeanors after its corroded Read More →
Amgen reports revenue increase in second quarter earnings
Updated on July 27 at 4 p.m.: Amgen reported a 6 percent increase in revenue and a 15 percent increase in earnings per share in its second quarter earnings released July 27. Revenues grew to $5.7 billion due to higher sales of the company’s drugs Enbrel, Prolia, Kyprolis and Xgeva, and operating income increased 15 Read More →
MindBody reports revenue increase, narrows loss in second quarter
San Luis Obispo-based software firm MindBody substantially narrowed its loss for the second quarter, an indication the company’s plan to reach profitability is on track. The company said July 27 that its revenue jumped 36 percent to $33.6 million as its loss, using generally accepted accounting principles or GAAP, narrowed to $6.6 million or 16 Read More →
Semtech’s LoRa wireless technology used to monitor skiing students in Swiss Alps
Camarillo-based Semtech has announced that, after a successful trial, a ski tracker using its LoRa wireless technology will be used to monitor skiing students on the slopes of the Swiss Alps in the upcoming 2016-2017 ski season. A LoRaWAN low power, wide area network, comprised of base stations and sensors embedded with Semtech LoRa technology, Read More →
ARRO Autogas opens 20th propane refueling station in California
ARRO Autogas, a subsidiary of Paso Robles-based Delta Liquid Energy, opened its 20th refueling station in California, providing propane fuel for fleet vehicles like school buses. The new station is located in Exeter and was opened in partnership with the San Joaquin Valley Clean Cities Coalition. “We provide propane for an awful lot of engines Read More →
American Riviera Bank’s second quarter net income up
Santa Barbara-based American Riviera Bank reported net income of $1.425 million, or 33 cents per share, for the second quarter of 2016. That was up from $362,000, or 13 cents per share, over the same period last year. The bank finalized its merger with The Bank of Santa Barbara earlier this year. “We are very Read More →
2016 Spirit of Small Business Awards winners announced
The Pacific Coast Business Times is pleased to announce our 2016 class of Spirit of Small Business Awards winners. This annual special section, now in its 14th year, celebrates small-business ownership and entrepreneurship in the Tri-Counties. The report published with the July 22 print edition. The winners will be honored at an awards luncheon on Friday, August 19 at Bacara Read More →
