December 15, 2024
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First Republic Bank is operational after seizure and sale to JPMorgan Chase

By   /  Monday, May 1st, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, middle, Tri-County Economy  /  Comments Off on First Republic Bank is operational after seizure and sale to JPMorgan Chase

First Republic Bank branches across the country, including the only one in the tri-county region located on Santa Barbara’s State Street, were fully open and operational on May 1 after regulators seized and promptly sold the bank to JPMorgan Chase the same day to avoid any further fallout. The First Republic Bank failure is the Read More →

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Amgen’s revenue dips in the first quarter, still beats earnings estimates

By   /  Thursday, April 27th, 2023  /  Earnings, Latest news, middle, Technology, Tri-County Public Companies  /  Comments Off on Amgen’s revenue dips in the first quarter, still beats earnings estimates

Thousand Oaks-based Amgen delivered a sound earnings beat in the first quarter of 2023, the company announced after the markets closed on April 27. Amgen, one of the largest biotechnology companies in the world, generated net income worth $2.8 billion in the first quarter or $5.28 earnings per share. This nearly doubled last year’s first-quarter Read More →

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Housing remains a top need for the South Coast

By   /  Monday, April 24th, 2023  /  Latest news, middle, Tourism, Tri-County Economy  /  Comments Off on Housing remains a top need for the South Coast

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I.V. residents battle pending evictions

By   /  Monday, April 17th, 2023  /  Government, Latest news, middle, Regions, Santa Barbara County, Subscriber content  /  Comments Off on I.V. residents battle pending evictions

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Mercado: Spring brings out the best in area startups

By   /  Thursday, April 13th, 2023  /  Latest news, middle, Subscriber content, Technology  /  Comments Off on Mercado: Spring brings out the best in area startups

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Meissner building $250M Georgia plant

By   /  Friday, April 7th, 2023  /  Central Coast, Health Care & Life Science, Latest news, middle, Tri-County Public Companies, Ventura County  /  Comments Off on Meissner building $250M Georgia plant

Camarillo-based life sciences firm Meissner Corporation is planning to build a second, nearly $250 million manufacturing facility in the United States. The facility will be in Athens-Clarke County, Georgia, which has a modest biotech hub. The project, which the company says is expected to create more than 1,700 jobs over the next eight years, was Read More →

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Biotech offices emerging in Thousand Oaks

By   /  Monday, April 3rd, 2023  /  Central Coast, Economy, Latest news, middle, Subscriber content  /  Comments Off on Biotech offices emerging in Thousand Oaks

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