California Republic to buy Westlake bank branch
National Bank of California plans to sell its Westlake Village branch and about $16.2 million in deposits to California Republic Bank, the two firms said Oct. 24. Under the deal, Newport Beach-based California Republic Bank will assume all of the deposits and some of the assets of the branch at 875 S. Westlake Boulevard. The Read More →
Read More →Los Angeles SBA director appointed
The Los Angeles District Office of the U.S. Small Business Administration appointed Victor Parker as its new director on Oct. 24. Parker now heads up the SBA district that administers small-business loans for Los Angeles, Ventura and Santa Barbara counties. The office is the largest of the administration’s districts in the U.S., as ranked by Read More →
Read More →Op/ed: Wall St. protesters send jumbled messages
The call for change has been diluted by the myriad of different calls for change.
Read More →Op/ed: Blame corporate America for class warfare
If there is a class warfare that has developed in the U.S., it is because the selfish policies of these institutions.
Read More →Former banker, councilmember to lead Ventura chamber
Ed Summers, a former Ventura City Council member, has been named to lead the Ventura Chamber of Commerce. Summers will begin work for the chamber on Nov. 7. He is the second new CEO to lead the chamber in a little more than two years, after longtime CEO Zoe Taylor stepped down in 2009. “The Read More →
Read More →Amgen to lay off 226 in Thousand Oaks
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”19-04-2011″ enddate=”19-10-2011″ width=”300″ height=”245″] Thousand Oaks-based Amgen is laying off 226 people at its headquarters as part of a restructuring of its research operations. Worldwide, the R&D shakeup will affect 380 staff members, but the company’s headquarters are bearing the brunt of the cuts. The company said the layoffs are Read More →
Read More →Power-One docks outlook on Eurozone austerity
Power products company Power-One slashed its third-quarter outlook Oct. 11, causing stocks to sink 3.8 percent in after-hours trading. The Camarillo-based firm cut its outlook for third-quarter sales to the $240 million to $245 million range, down from its previous outlook of $265 million to $280 million. It said power conversion revenue was down about Read More →
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