July 16, 2024
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Vital signs: California unemployment rate rises in January

By   /  Monday, March 20th, 2023  /  Economy, Latest news, Subscriber content  /  Comments Off on Vital signs: California unemployment rate rises in January

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Region sidesteps brunt of SVB impact

By   /  Thursday, March 16th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, middle  /  Comments Off on Region sidesteps brunt of SVB impact

Not so fast. The confidence that was returning to the banking sector eroded a bit on March 15 after Credit Suisse announced it was facing its own financial troubles, but after the Swiss government announced it would be ready to step in “if necessary” those fear abated somewhat. Six days after the collapse of Santa Read More →

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Conejo Valley could be the next big biotech hotspot

By   /  Tuesday, March 14th, 2023  /  Economy, Health Care & Life Science, Latest news, middle, Tri-County Economy  /  Comments Off on Conejo Valley could be the next big biotech hotspot

Thousand Oaks’ biotech hub continues to grow and could rival the largest ones in the country in the next 10-15 years, speakers at a March 10 regional economic forecast program said. The Thousand Oaks City Council has recognized that the growth of the life sciences sector is essential to the city’s economic development, City Manager Read More →

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Updated: Feds take swift action to avoid financial crisis

By   /  Sunday, March 12th, 2023  /  Banking & Finance, Economy, Latest news, Top Stories, Top Story  /  Comments Off on Updated: Feds take swift action to avoid financial crisis

Update: This article was updated on March 13 to include stock prices of banks both inside and outside the region as well as include an exclusive interview with American Riviera Bank President Jeff Devine. This article was updated again on March 14 to update stock prices. Regional bank stocks were headed into recovery mode on Read More →

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Bank CEO, economist see little impact from SVB failure

By   /  Friday, March 10th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Bank CEO, economist see little impact from SVB failure

The chair of the region’s biggest bank a leading economist responded quickly to the biggest bank failure since the financial crisis with reassurances that Silicon Valley Bank is unlikely to have broad impacts. Based in Santa Clara, Silicon Valley Bank had its doors closed and its deposits seized by the Federal Deposit Insurance Corp., the Read More →

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CRE: Ventura County deal bundles cemetery and Daily mansion

By   /  Friday, March 10th, 2023  /  Economy, Latest news, Real Estate, Subscriber content  /  Comments Off on CRE: Ventura County deal bundles cemetery and Daily mansion

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Nominated films generate jobs for Ventura County

By   /  Tuesday, March 7th, 2023  /  East Ventura County, Economy, Latest news, left, Regions, Subscriber content, Tourism  /  Comments Off on Nominated films generate jobs for Ventura County

In a likely first, three of the nominated movies at this year’s Academy Awards March 12 were partially shot in Ventura County, helping generate revenue and create jobs around the area. “It’s probably the first time three-Oscar nominated films have been filmed here in Ventura County,” film historian Harry Medved, who lives in unincorporated Oak Read More →