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A long anticipated slowdown in new job formation occurred this year, California Economic Forecast Director Mark Schniepp said at the 2018 Los Angeles County and Ventura County Economic Outlook on Sept. 7 in Westlake Village. Schniepp attributes the slowdown mainly to an unemployment rate of less than 5 percent. He said a fully employed economy Read More →
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Dole Food Co. reported that it would lay off 172 workers in Oxnard as part of the permanent closure of its Dole Berry subsidiary’s operations in the region. The Westlake Village-based company may be looking to wind down its Tri-Counties operations entirely. It had 600 employees in the Tri-Counties as of 2016, according to Pacific Read More →
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LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →