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Portable power: Ojai firm makes battery systems that can go anywhere

By   /  Friday, August 1st, 2014  /  Small Business, Technology, Tri-County Economy, West Ventura County  /  Comments Off on Portable power: Ojai firm makes battery systems that can go anywhere

An Ojai company’s creation that started as a way to run camera and lighting gear for on-location film shoots has evolved into a battery system that can power everything from military forces in Afghanistan to an off-grid organic vodka distillery in Hawaii.

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OCB Bancorp taps Ortega to open Santa Barbara branch

By   /  Friday, August 1st, 2014  /  Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on OCB Bancorp taps Ortega to open Santa Barbara branch

The parent company of Ojai Community Bank is tapping veteran South Coast banker Eloy Ortega to open a new Santa Barbara branch.

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Small beachside town seeks developer with the right touch

By   /  Friday, August 1st, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Small beachside town seeks developer with the right touch

The Port San Luis Harbor District has released a request for proposals from qualified companies interested in taking on the redevelopment of the 32-acre RV resort and campground known as Harbor Terrace.

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Snatching a larger slice: Persona pizzeria plots nationwide expansion

By   /  Friday, August 1st, 2014  /  Restaurants, Small Business, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Snatching a larger slice: Persona pizzeria plots nationwide expansion

Santa Barbara-based Persona Neapolitan Pizza is embarking on a nationwide expansion as competition heats up in the fast-casual, wood-fired pizza market.

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Direct Relief seeks to purchase airport land for new campus

By   /  Thursday, July 31st, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Direct Relief seeks to purchase airport land for new campus

The Santa Barbara City Council is slated to hear a proposal from Direct Relief, the largest nonprofit headquartered in the region, to buy a parcel of land near the municipal airport and build a 125,000-square-foot facility there. Goleta-based Direct Relief has outgrown its existing facility and wants to build a 100,000-square-foot warehouse and 25,000 square Read More →

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Caruso pushes forward with scaled-back Miramar plans

By   /  Thursday, July 31st, 2014  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  1 Comment

  Los Angeles real estate magnate Rick Caruso is amending his plans for the multimillion-dollar revival of Miramar Beach Resort & Bungalows in Montecito to include a little more shrinkage. Caruso Affiliated received approval for the hotel in March 2011 after a years-long hearing process in which Seinfeld actress Julia Louis-Dreyfus, a neighbor of the Read More →

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Amgen to slash 2,400 jobs, shrink Thousand Oaks HQ

By   /  Tuesday, July 29th, 2014  /  Earnings, East Ventura County, Latest news, Technology, Top Stories, Tri-County Public Companies  /  3 Comments

Thousand Oaks-based Amgen will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that will eliminate between 2,400 and 2,900 jobs and shutter facilities in Colorado and Washington. Amgen said the moves are designed to reduce operating expenses by $700 million by 2016, money that Read More →