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Chipotle is an iconic consumer brand that until recently stood for hip, healthy and high-quality fast food for a high-tech generation. But lately, the Denver-based restaurant chain has been devastated by health-related problems, including a series of E. coli incidents. The once favored spot for a new generation is looking about as relevant as a Read More →
A drug kickback program is finally behind Amgen, the Thousand Oaks-based pharmaceutical giant. Louisville, K.Y.-based PharMerica was the last of three companies to settle lawsuits relating to Amgen allegedly paying kickbacks to PharMerica and another company to prescribe patients the anemia drug Aranesp. PharMerica settled the suit for $2.5 million in December, Louisville Business First Read More →
Sierra Bancorp, the holding company of Bank of the Sierra, will acquire San Luis Obispo-based Coast Bancorp, pending regulatory approval, the banks announced late Jan. 4. It’s the latest move in a wave of tri-county banking mergers and industry sources have told the Business Times there are likely more in the works. “Bank of the Read More →
American Riviera Bank completed its previously announced merger with The Bank of Santa Barbara. The merger, first announced on July 15, was approved by shareholders of American Riviera Bank and The Bank of Santa Barbara and received required regulatory approvals. American Riviera Bank had $227 million in assets and The Bank of Santa Barbara had Read More →
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