Gilbert family’s gift will fund 100 CLU scholarships
A $2.5 million gift from the TOLD Foundation will provide California Lutheran University with roughly 100 scholarships to low-income and moderate-income students over the next eight years. The gift is the largest non-estate gift CLU has received for scholarships, according to a Sept. 8 statement from the university. Called the Rod Gilbert Achievement Scholarships, the Read More →
Aera, Ventura County’s leading oil producer, sold to German firm
Aera Energy, one of the biggest oil and gas producers in the tri-county region, will be sold by its owners, ExxonMobil and Shell, to a privately held German company, IKAV. The companies announced the deal Sept. 1. Shell owns about 52% of Aera, and Exxon owns about 48%. IKAV will pay about $4 billion in Read More →
Revenue and losses both up at Cure Pharmaceutical
Oxnard-based Cure Pharmaceutical, a drug delivery platform and CBD products company, reported more losses but rising revenue in its second quarter earnings. Cure suffered a net loss of $9.6 million in the second quarter of 2022, up substantially from a net loss of $1.3 million in the same quarter a year ago. That equates to Read More →
Calavo shares dip after earnings report
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Ventura County’s Kolibri Energy strikes formula for growth in Oklahoma oil fields
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As working from home becomes new norm, companies look to sublease surplus space
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Sonos leads the way in patents among region’s companies
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