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American Riviera Bank buys building for Paso Robles branch

By   /  Thursday, October 5th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on American Riviera Bank buys building for Paso Robles branch

American Riviera Bank has completed the purchase of a building in Paso Robles that will house its newest branch, the bank announced on Oct. 3. Located at 1601 Spring St., the branch is set to open in early 2018 and will be the first full-service branch of American Riviera Bank in San Luis Obispo County. Read More →

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Amgen lawsuit over cholesterol drug will get new trial

By   /  Thursday, October 5th, 2017  /  Central Coast Health Watch, Latest news, Technology  /  Comments Off on Amgen lawsuit over cholesterol drug will get new trial

An Amgen lawsuit against a competing cholesterol drug will get a new trial but sales of the drug will be allowed in the U.S. until a decision is rendered. A federal court of appeals judge threw out a ban on the sale of Praluent, manufactured by New York-based Regeneron Pharmaceuticals and French biotech company Sanofi Read More →

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Cal Poly SLO contracts with REC Solar for solar farm project

By   /  Tuesday, October 3rd, 2017  /  Agribusiness, Central Coast, Education, Energy, Latest news  /  Comments Off on Cal Poly SLO contracts with REC Solar for solar farm project

Cal Poly San Luis Obispo announced the launch of a 4.5 megawatt solar farm project Oct. 3 that will provide around a quarter of its total electricity usage. The university has contracted with REC Solar to finance construction and maintenance through a power purchase agreement. Construction began in late September and is expected to be Read More →

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Pacific Premier Bancorp on Fortune magazine’s Fastest Growing Companies list

By   /  Tuesday, October 3rd, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Pacific Premier Bancorp on Fortune magazine’s Fastest Growing Companies list

Story updated at 10:20 a.m. Oct. 5: The holding company for Pacific Premier Bank, Pacific Premier Bancorp, has been ranked 21st on Fortune magazine’s Fastest Growing Companies for 2017. The magazine ranks publicly traded companies based on a formula that considers revenue growth rate, earnings per share growth rate and three-year annualized total return for Read More →

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Mannkind stock soars over new label info for Afrezza

By   /  Monday, October 2nd, 2017  /  Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Mannkind stock soars over new label info for Afrezza

Westlake Village biotech company Mannkind received approval to update the prescribing information for its inhalable insulin product, Afrezza, making it easier to market to customers. The new label information clarifies starting and adjusting mealtime dosages, as well as initial and peak effects, and helps the company avoid confusing language, CEO Michael Castagna said in a Read More →

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Rebranding of Bacara as a Ritz-Carlton confirmed

By   /  Monday, October 2nd, 2017  /  Latest news, South Coast, Tourism  /  Comments Off on Rebranding of Bacara as a Ritz-Carlton confirmed

The Ritz-Carlton confirmed the sale and rebranding of the Bacara Resort & Spa in Goleta on Sept. 29, after what it called a “multimillion-dollar” renovation. The Business Times was the first to report news of the Bacara’s rebranding as a Ritz-Carlton on Sept. 12. The hotel will now be named the Ritz-Carlton Bacara, Santa Barbara Read More →

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$1.7 million embezzled from Santa Barbara County

By   /  Friday, September 29th, 2017  /  Latest news, Law  /  Comments Off on $1.7 million embezzled from Santa Barbara County

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