Tri-county energy firms: our Monterey shale will pay off
By Stephen Nellis / Friday, June 6th, 2014 / Central Coast, Latest news, Top Stories, Tri-County Economy / Comments Off on Tri-county energy firms: our Monterey shale will pay off
Federal officials have slashed their estimate for how much oil is held in California’s Monterey shale by 96 percent, but energy companies working in the Tri-Counties say they have no plans to abandon their efforts in the long-producing formation or its rising competitor, the diatomite.
Amgen to cut 70 jobs
By Staff Report / Thursday, June 5th, 2014 / East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / 2 Comments
Thousand Oaks-based Amgen plans to lay off 70 people, primarily in its information systems department at its headquarters.
Calavo shares rally on record Q2 profits
By Austen Hufford / Monday, June 2nd, 2014 / Agribusiness, Banking & Finance, East Ventura County, Tri-County Economy, Tri-County Public Companies / Comments Off on Calavo shares rally on record Q2 profits
Shares of produce marketer Calavo Growers surged more than 7 percent in midday trading on Monday as the firm’s second-quarter profits surged 205 percent to $6.7 million, setting a quarterly earnings record.
FindTheBest wins patent battle costs
By Stephen Nellis / Monday, June 2nd, 2014 / Law & Goverment, South Coast, Technology, Tri-County Economy / Comments Off on FindTheBest wins patent battle costs
Summerland-based FindTheBest has won what a federal judge called a “frivolous” and “objectively unreasonable” patent lawsuit against it and will recoup its costs from its opponent. Last summer, Delaware-based Lumen View Technology sued FindTheBest over a patent on matching user preference data. That patent was invalidated late last year, and Judge Denise Cote ruled on Read More →
Isla Vista tragedy shows the dark side of paradise
By Erika Martin / Friday, May 30th, 2014 / South Coast, Top Stories, Tri-County Economy / Comments Off on Isla Vista tragedy shows the dark side of paradise
The densely packed student community has been rocked by two high-profile gang rapes, drunken riots quelled with tear gas and, on May 23, a bloody killing rampage that killed six innocent people and injured 13 others.
In the line of fire: IV Deli owners vow to ‘be strong’ after tragedy
By Erika Martin / Friday, May 30th, 2014 / Small Business, South Coast, Top Stories, Tri-County Economy / Comments Off on In the line of fire: IV Deli owners vow to ‘be strong’ after tragedy
“As much as our hearts are broken, it’s time to move on and be strong,” said store owner Sam Hassan. “If you fall down, just get up, lick your wounds and keep going. That’s how you defeat the evil of what happened here.”
InTouch says court decision strengthens its patent portfolio
By Stephen Nellis / Friday, May 30th, 2014 / Health Care & Life Science, Law & Goverment, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on InTouch says court decision strengthens its patent portfolio
A federal appeals court has handed down a mixed result in the legal battle InTouch Health waged against a lower-priced competitor, finding that the Goleta company’s patents were valid but had not been infringed.