UPDATED: Bank of Santa Barbara CEO search underway
By Marlize van Romburgh / Friday, May 16th, 2014 / Banking & Finance, Banking Industry, South Coast, Top Stories, Tri-County Economy / Comments Off on UPDATED: Bank of Santa Barbara CEO search underway
The Bank of Santa Barbara is searching for a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules. Eloy Ortega has left his position as chief executive and Joanne Funari has been appointed interim CEO while a special committee recruits a new leader.
CenCal-USC dispute highlights Medi-Cal pricing issues
By Stephen Nellis / Friday, May 16th, 2014 / Central Coast, Health Care & Life Science, Law & Goverment, South Coast, Top Stories, Tri-County Economy / Comments Off on CenCal-USC dispute highlights Medi-Cal pricing issues
A USC hospital is demanding $2 million for a surgery performed on a Medi-Cal patient from Santa Barbara County, more than 25 times as much as Santa Barbara County officials believe the procedure should have cost.
The boulevard is back: Thousand Oaks retail corridor sees new life
By Marlize van Romburgh / Friday, May 16th, 2014 / East Ventura County, Features, Real Estate, Small Business, Tri-County Economy / Comments Off on The boulevard is back: Thousand Oaks retail corridor sees new life
In the three years since Thousand Oaks approved a development plan for Thousand Oaks Boulevard, a bustling downtown district has taken shape along what was once a drive-by stretch of aging strip malls.
Stand and deliver: Lori’s Original Lemonade lands in 300 stores
By Erika Martin / Friday, May 16th, 2014 / East Ventura County, Small Business, Top Stories, Tri-County Economy, Women Inc. / Comments Off on Stand and deliver: Lori’s Original Lemonade lands in 300 stores
Ojai-based beverage maker Lori’s Original Lemonade has quickly spread its zest across the West Coast.
Ceres plans to license corn-derived gene patent
By Stephen Nellis / Friday, May 16th, 2014 / Agribusiness, East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Ceres plans to license corn-derived gene patent
Thousand Oaks-based energy crop firm Ceres has been granted a patent on a gene sequence derived from corn and plans to license the patent to big seed companies.
Hummingbird Nest rezoning paves way for Simi’s first 5-star resort
By Marlize van Romburgh / Friday, May 16th, 2014 / East Ventura County, Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Hummingbird Nest rezoning paves way for Simi’s first 5-star resort
Texas billionaire David Saperstein has finally secured approval to have Hummingbird Nest Ranch rezoned, paving the way for Simi Valley’s first five-star resort.
Central Coast hopes to be wave energy hub
By Stephen Nellis / Friday, May 16th, 2014 / Central Coast, Green Coast, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Central Coast hopes to be wave energy hub
With five projects in the works that could generate as much a 1.2 gigawatts of electricity, the Central Coast could become the nation’s wave-energy capital.