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Camarillo Chamber CEO resigns amid legal dispute

By   /  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.

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Amgen profits hit $5B, beat expectations

By   /  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.

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Semtech to cut jobs

By   /  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.

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Dry weather plagues Ventura County strawberries

By   /  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.

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Ceres files for $20M offering

By   /  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.

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Region’s ranchers look for relief amid record drought

By   /  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.

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Fungus ruckus: Ventura mushroom farm in escrow to international buyer

By   /  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.