Bank profits pay Community Dividends as $1M event salutes 10 years
More than a decade ago, banker and developer Michael Towbes came up with the idea of turning Montecito Bank & Trust into an S Corporation.
Amgen case before SCOTUS could stymie new class-action suits
On Nov. 5, Thousand Oaks-based Amgen argued a case before the U.S. Supreme Court that could make it much harder for shareholders to form a class when suing a company for making misleading statements that distort its stock price. The outcome, which is likely to be decided by the politics of the individual justices, could Read More →
Obamacare stays, California taxes rise and gridlock returns to D.C.
The votes have been counted and now California and the U.S. face a slightly changed political landscape but a series of new realities. Obamacare will not be repealed, Proposition 30 passed despite a furious advertising assault and Latino voters helped put a Democrat into a congressional seat that represents most of Ventura County. Some further Read More →
Control of Congress is the bottom line for two Central Coast races
There is just one reason why House Speaker John Boehner has been on the Central Coast stumping for GOP Congressional candidates Abel Maldonado and Sen. Tony Strickland.