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Independent gas stations in Southern California may experience price spikes and even shortages this weekend as problems at several Golden State refineries culminate to produce a supply pinch. “My wholesale prices went from $3.98 a gallon to $5.08 a gallon, and we are now selling at $4.39 a gallon,” Sam Seng, owner of Fred’s Gas Read More →
Two tri-county technology firms garnered $58.5 million in venture capital in recent weeks, deepening the region’s reputation as a hidden gem for growth-capital investors seeking proven entrepreneurs. Transphorm, the Goleta-based company focused on energy efficiency in electronics, has raised $35 million from a group backed by the Japanese government, bringing its total investment raised to Read More →
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Transphorm, the Goleta-based company focused on energy efficiency in electronics, has raised $35 million from a group backed by the Japanese government and has secured a mass manufacturing agreement with a Japanese firm. The South Coast company, founded by UC Santa Barbara professor Umesh Mishra and longtime business partner Primit Parikh, has raised $104 million Read More →
By Dana Olsen / Friday, September 28th, 2012 / Top Stories, Tri-County Economy / Comments Off on California attorney general probe targets region’s hospitals
The California medical industry is pushing back against an antitrust investigation launched by the state’s attorney general, saying the probe into the consolidation of hospitals and doctors’ offices goes against the newly-enacted Affordable Care Act’s coordinated approach to health care. California’s attorney general’s office sent subpoenas to Santa Barbara-based Cottage Health System and San Francisco-based Read More →
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