October 1, 2024
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Latest

Feds allocate $6.3 million to Ventura Harbor, Port of Hueneme

By   /  Wednesday, January 27th, 2021  /  Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Feds allocate $6.3 million to Ventura Harbor, Port of Hueneme

U.S. Army Corps of Engineers projects for the Port of Hueneme and Ventura Harbor will receive $6.3 million in federal funding, U.S. Rep. Julia Brownley announced Jan. 26.  The money will be used for the annual dredging of Ventura Harbor and will allocate “donor port” funds for the Port of Hueneme, according to a news Read More →

Latest

Pacific Premier sees bump in income, assets in fourth quarter

By   /  Tuesday, January 26th, 2021  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Pacific Premier sees bump in income, assets in fourth quarter

Pacific Premier Bancorp’s net income rose in 2020 on the back of strong overall performance, causing the company to approve a new $150 million share repurchase program, the bank announced Jan. 26. The bank’s net income increased more than 63% from the previous year, going from $41.1 million in the fourth quarter of 2019 to Read More →

Latest

SLO’s Digital West acquired by Wave Broadband

By   /  Tuesday, January 26th, 2021  /  Central Coast, Latest news, Technology, Tri-County Economy  /  Comments Off on SLO’s Digital West acquired by Wave Broadband

Digital West, an internet service provider based in San Luis Obispo, is joining Wave Broadband in an acquisition announced by the two companies on Jan. 26. Wave Broadband is a larger telecommunications company serving over 450,000 customers, with operations in Oregon, Washington and California. Wave has specific ties to the central coast as well, already Read More →

Latest

Obituary: PennyMac founder Stanford Kurland

By   /  Monday, January 25th, 2021  /  Banking & Finance, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Obituary: PennyMac founder Stanford Kurland

EDITOR’S NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. Stanford Kurland made a fortune from his first foray into mortgage banking, and his timely exit from Countrywide Financial came just before the housing bubble burst. His second foray made him even richer, but it also Read More →

Latest

California lifts stay-home orders as ICU capacity grows; COVID remains “widespread” in region

By   /  Monday, January 25th, 2021  /  Central Coast, East Ventura County, Health Care & Life Science, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on California lifts stay-home orders as ICU capacity grows; COVID remains “widespread” in region

California Gov. Gavin Newsom lifted the state’s regional stay-home orders Monday morning, paving the way for the return of outdoor restaurants service and a few other business activities. Ventura, Santa Barbara and San Luis Obispo counties are now back in the “purple” or “widespread” tier of the state’s color-coded pandemic regulations—the most restrictive level, but Read More →

Latest

Wall Street loves AeroVironment’s latest acquisition

By   /  Friday, January 22nd, 2021  /  Banking & Finance, East Ventura County, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Wall Street loves AeroVironment’s latest acquisition

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Latest

Community choice aggregator brings new energy option to Santa Barbara County

By   /  Friday, January 22nd, 2021  /  Central Coast, East Ventura County, Energy, Green Coast, Latest news, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Community choice aggregator brings new energy option to Santa Barbara County

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