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.
$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.
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.
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.
Northrop Grumman CEO christens Cal Poly lab
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.
