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By Henry Dubroff / Thursday, February 11th, 2021 / Latest news / Comments Off on Obituary: Robert Lagomarsino, longtime congressman from Ventura County
Robert J. Lagomarsino, a congressman from Ventura County who advocated for the establishment of CSU Channel Islands and whose defeat in the 1992 primary election signaled a new era of partisanship in the House of Representatives, has died at age 94. Lagomarsino, a native of Ventura and onetime mayor of Ojai, served in the California Read More →
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By Jorge Mercado / Wednesday, February 10th, 2021 / Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Sonos shares rise on earnings beat
Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021. Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →
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By Jorge Mercado / Monday, February 8th, 2021 / Banking & Finance, Biotech, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Amgen to lay off hundreds, including in Thousand Oaks
Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2. Less than 20% of those workers are located in Thousand Oaks. Amgen employs around 22,000 Read More →
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By Henry Dubroff / Monday, February 8th, 2021 / Columns, East Ventura County, Latest news, Tri-County Economy / Comments Off on Dubroff: Today’s tech titans owe a debt to Dave Power
Big data. Brand value. Customer satisfaction. In the 21st century, these are crucial elements for success in business and they have driven the growth of the technology titans that dominate our everyday lives. But Jeff Bezos, Tim Cook, Mark Zuckerberg and countless others owe a debt to J.D. “Dave” Power, who laid out the design Read More →
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By Amber Hair / Friday, February 5th, 2021 / Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies / Comments Off on Montecito Bank & Trust reports growth in assets, deposits and income
Montecito Bank & Trust saw its total assets grow more than 20% during 2020, on the back of strong loan production, deposit growth and higher net income, the bank said Feb. 5. The bank’s total assets grew $344.1 million, a boost of about 21.4% from the previous year, bringing Montecito Bank & Trust’s total assets Read More →
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By Amber Hair / Friday, February 5th, 2021 / Latest news, Law, left, Top Stories / Comments Off on Stoker sues his former EPA boss over dismissal
Mike Stoker, a Carpinteria resident and former regional administrator for the U.S. Environmental Protection Agency, is suing his former EPA bosses on defamation charges in federal court. The Pacific Coast Business Times reached out to both Stoker and Andrew Wheeler, the administrator of then-President Donald Trump’s EPA while Stoker was a regional administrator. Neither was Read More →
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