Camarillo Chamber CEO resigns amid legal dispute
By Staff Report / Wednesday, January 29th, 2014 / Top Stories, West Ventura County / Comments Off on Camarillo Chamber CEO resigns amid legal dispute
Jennifer Wells, the CEO of the Camarillo Chamber of Commerce, has resigned about a month after the chamber’s former tourism marketing director sued the organization when he was allegedly fired in a dispute over the handling of child support payments.
Amgen profits hit $5B, beat expectations
By Staff Report / Tuesday, January 28th, 2014 / Earnings, East Ventura County, Top Stories, Tri-County Public Companies / Comments Off on Amgen profits hit $5B, beat expectations
The biotech company recorded earnings per share of $7.60, well above the $7.46 expected by a survey of 27 analysts by Thomson Reuters.
Semtech to cut jobs
By Staff Report / Monday, January 27th, 2014 / Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Semtech to cut jobs
Camarillo-based chipmaker Semtech Corp. said Jan. 27 that it is slashing 6 percent of its workforce in anticipation of lower demand for its products in the second half of this year.
Dry weather plagues Ventura County strawberries
By Tom Bronzini / Sunday, January 26th, 2014 / Agribusiness, East Ventura County, Latest news, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Dry weather plagues Ventura County strawberries
Oxnard strawberry growers lost an average $10,000 to $15,000 per acre worth of crop last year because the berries died off prematurely in dry weather, and farmers could be in for a repeat of that scenario this year.
Ceres files for $20M offering
By Staff Report / Friday, January 24th, 2014 / Agribusiness, Banking & Finance, East Ventura County, Green Coast, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Ceres files for $20M offering
The Thousand Oaks-based firm said it would like to use the proceeds from the public offering to expand its Brazilian operations, participate in collaborations and break into new markets.
Region’s ranchers look for relief amid record drought
By Christine De La Cruz / Friday, January 24th, 2014 / Agribusiness, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / 1 Comment
The drought plaguing the Tri-Counties and the rest of the state has the agriculture industry on red alert. With 2014 forecast to be the driest year in California history, Gov. Jerry Brown has declared a drought emergency in the state, and the U.S. Department of Agriculture has designated 27 counties in California as primary natural disaster areas, including the tri-county region.
Fungus ruckus: Ventura mushroom farm in escrow to international buyer
By Christine De La Cruz / Friday, January 24th, 2014 / Agribusiness, Law & Goverment, Real Estate, Top Stories, West Ventura County / Comments Off on Fungus ruckus: Ventura mushroom farm in escrow to international buyer
What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.