Newsom issues COVID curfew for most of state
Gov. Gavin Newsom and the California Department of Public Health announced a limited “stay-at-home order” requiring all non-essential work, travel and gatherings to stop between 10 p.m. and 5 a.m. for the vast majority of the state’s population. The curfew order applies to all counties in California that are in the most restrictive, or purple, Read More →
As COVID cases rise, region takes step back on road to re-opening
The entire tri-county region is going back into the most restrictive tier of California’s pandemic reopening system, as a rise in cases across the state forced Gov. Gavin Newsom to take emergency action. Under the state’s rules, all three counties would have re-entered the purple tier on Nov. 24, the Tuesday before Thanksgiving, if case Read More →
Guitar Center plans to file Chapter 11, cites pandemic’s effect on sales
Westlake Village-based Guitar Center plans to file for Chapter 11 bankruptcy, citing the pandemic as a major strain on the company’s resources. In a Nov. 13 news release, Guitar Center said that it had secured up to $165 million in new equity investments to recapitalize the company and reduce its corporate debt by nearly $800 Read More →
Totten to retire after 18 years as Ventura County district attorney
Ventura County will get just its third district attorney in the past 42 years next year, when Greg Totten retires from the post he has held since 2003. Totten announced his retirement on Nov. 10. It will take effect Jan. 9 After he leaves office, he will take the job of chief executive for the Read More →
PennyMac notches another strong earnings report
PennyMac Financial Services more than tripled its net income over the course of a year when it reported $535.2 million, or $7.03 per share, in its third quarter financial report, up from $121.5 million, or $1.51 per share, in the third quarter of 2019. The Westlake Village-based mortgage lender built on steam from a record Read More →
CLU economists see opportunity in Ventura County’s struggles
Ventura County was already in an economically vulnerable place when the pandemic hit, according to the latest report from California Lutheran University’s Center for Economic Research and Forecasting. CLU CERF presented its research and findings in a live webcast on Nov. 5, focusing on where the county has been, where it is now and where Read More →
Ventura County voters say yes to cannabis in early returns
Preliminary election results looks like Ventura County has been given the green light for cannabis production.
