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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.

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$98M office campus sale sets new high-water mark for county

By   /  Friday, January 24th, 2014  /  Columns, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on $98M office campus sale sets new high-water mark for county

The eye-popping price signals that a turnaround is taking hold in the Ventura County office market, which has suffered from high vacancy rates in a depressed job market, industry insiders say.

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Network Hardware Resale to boost hiring as sales near $300M

By   /  Friday, January 24th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Network Hardware Resale to boost hiring as sales near $300M

CEO Mike Sheldon said the company has been aggressively pursuing a “growth through diversification” strategy, adding maintenance services as well as servers and hard drives to its product lineup.

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Athena Cosmetics launches national push after court ruling

By   /  Friday, January 24th, 2014  /  Health Care & Life Science, Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Athena Cosmetics launches national push after court ruling

A federal appeals court has upheld an order banning Ventura-based Athena Cosmetics from selling its eyelash-boosting products in California but ruled that the firm can resume selling them in the rest of the nation.

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Northrop Grumman CEO christens Cal Poly lab

By   /  Thursday, January 23rd, 2014  /  Central Coast, Technology, Top Stories  /  1 Comment

Wes Bush, the CEO of Northrop Grumman, one of the nation’s largest defense contractors, praised Cal Poly San Luis Obispo for its ability to produce work-ready engineers and called on other CEOs to partner with the school and others like it.

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Goleta officials to county: No more alimony

By   /  Wednesday, January 22nd, 2014  /  Top Stories, Tri-County Economy  /  Comments Off on Goleta officials to county: No more alimony

Renegotiating Goleta’s separation agreement with Santa Barbara County has emerged as a potentially explosive issue in the 2014 election.