Region’s unemployment rate flat at 3%, state hits all-time low
The unemployment rate in the tri-county region was 3% in July, the same as the month before, while California hit a new record low in July at 3.9%, according to data released Aug. 19 by the California Employment Development Department. Ventura’s unemployment rate in July was 3.2%, unchanged from the previous month and well below Read More →
Ventura County hospitals, clinics, health plan will pay $70.7M to settle claims of improper billing
NOTE: This article was posted Aug. 18 and updated Aug. 26 with more details about the allegedly improper billing practices. The complete settlement agreements were also added and are viewable at the bottom of this article. Three medical providers and one health coverage system in Ventura County have agreed to pay a total of $70.7 Read More →
List of fastest growing private companies includes 22 from tri-county region
The Central Coast showcased the diversity of its companies in the latest edition of the Inc. 5000, as 22 companies based in tri-county region made the magazine’s list of the 5,000 fastest growing privately held companies in the country. Of those 22 companies, seven were in the top 1,000, and they come from a variety Read More →
Ventura County mourns Supervisor Carmen Ramirez
Ventura County leadership was in a state of shock as news spread that Carmen Ramirez, chair of the Ventura County Board of Supervisors, was struck by a pickup truck and killed in downtown Oxnard on Aug. 12. Ramirez, 73, was leaving an evening meeting and crossing a street when the accident occurred. Among the business Read More →
Our View: New CEO a wise choice by Ventura County supes
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MannKind reports Q2 loss but beats revenue expectations
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Rising interest rates, uncertain economy haven’t slowed homebuilding in region yet
Despite rising interest rates and a potentially slowing U.S. economy, homebuilders and residential developers seem eager to build in the tri-county region. The costs of materials and labor to build new homes have increased, and rising interest rates means potential homebuyers have to pay more mortgage interest, leaving less money for the principal. Developers are Read More →
