State opens new round of small business aid
Small businesses that didn’t receive funding in earlier rounds of a state program designed to give those businesses a boost have additional chances to get help. On Feb. 23, Gov. Gavin Newsom signed a law that provided an extra $2 billion for grants of up to $25,000 for small businesses impacted by the pandemic. The Read More →
Read More →Simi Valley contractor sentenced for workers comp fraud
A general contractor in Simi Valley was sentenced March 3 for workers compensation fraud, Ventura County District Attorney Erik Nasarenko’s office announced. David Burgmeier, who owned and operated Burgmeier Construction Company in Simi Valley, pleaded guilty in December to multiple counts of insurance and unemployment fraud. From March 2008 through March 2016, Burgmeier underreported the Read More →
Read More →Salem reports profitable quarter, but loss for the full year
Salem Media Group reported a mixed bag of financial results for the fourth quarter and the full year of 2020 when it released its quarterly earnings report on March 4. The conservative media group recently moved its corporate headquarters from Camarillo to Irving, Texas, though it kept some operations in Camarillo. In 2020, Salem cut Read More →
Read More →Amgen to buy cancer treatment biotech firm for $1.9B
Thousand Oaks-based Amgen, one of the biggest biotech companies in the world, will get bigger with the $1.9 billion acquisition of Five Prime Therapeutics, a clinical-stage biotech company developing stomach cancer therapies. Amgen announced the acquisition March 4 and the deal is expected to close by the end of the second quarter of 2021. Under Read More →
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Procore IPO back on track with new SEC filing
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Read More →Innovation Awards honorees announced; date set for live Zoom event and Startup Village
The 2021 Central Coast Innovation Awards special report was published and went out with the Feb. 26, 2021 print publication. Subscribers can also view the special report here (just click on the cover). To celebrate this year’s honorees, the Business Times—in collaboration with UC Santa Barbara Office of Technology & Industry Alliances—will showcase our winners Read More →
Read More →SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley
The U.S. Securities and Exchange Commission filed suit on March 2 against Simi Valley-based Airborne Wireless Network and seven of its shareholders and executives, accusing them of orchestrating a $45 million pump-and-dump stock fraud scheme. The lawsuit was filed in federal court in New York. The defendants are Kalistratos Kabilafkas, Timoleon Kabilafkas, Panagiotis Bolovis, Eric Read More →
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