Tri-county nonprofits need to adapt, innovate
By Charles Maxey and Linda Kimbrough Trump administration budget proposals should be sending early warning signals to the nation’s nonprofit organizations. The anticipated reductions in federal and, therefore, state spending will adversely impact many populations served by charitable organizations. At the same time, the need for services continues to rise. Nonprofit Finance Fund’s 2014 study Read More →
Read More →Community programs should not be chopped
By Marsha Bailey If you don’t speak acronym, you may not know what a “CDBG” or a “CDFI” is. You’re even less likely to know how these federal government programs, both of which are on the chopping block, impact you and your community. The Community Development Block Grant Program is a U.S. Department of Housing Read More →
Read More →Goleta-based Resonant reports net losses grew in 2016
Net losses widened in 2016 for mobile device filter designer Resonant, based in Goleta, from $9.72 million in 2015 to $15.25 million, the company announced March 30. Resonant brought in $302,000 in revenues for the year, compared to none in 2015, but total operating expenses grew 60 percent year-over-year to $15.59 million. Net losses per Read More →
Read More →FDA fast tracks Amgen’s Blincyto leukemia drug
Thousand Oaks-based biotech giant Amgen announced March 29 that the U.S. Food and Drug Administration has fast-tracked the company’s leukemia drug Blincyto for priority review. The drug increases the length of survival among high-risk patients, according to a study released by the New England Journal of Medicine. It almost doubled median overall survival versus chemotherapy among adult patients Read More →
Read More →MindBody acquires dynamic pricing technology company
Business management software company MindBody, based in San Luis Obispo, announced March 29 that it had acquired early-stage Southern California yield management company Lymber Wellness. Lymber uses MindBody’s application program interface platform to support adjustable pricing strategies for wellness-based businesses. The technology changes the prices for classes and appointments based on availability, similar to dynamic Read More →
Read More →Limoneira shareholders approve request to increase number of shares
Limoneira shareholders approved a board of directors request to increase its number of authorized shares March 28, but the company has no plans to issue additional stock this year, said CEO Harold Edwards. More than 100 shareholders gathered at the Ventura County Agriculture Museum in Santa Paula for the annual meeting to confirm three new Read More →
Read More →Pacific Premier shareholders approve acquisition of Heritage Oaks
Pacific Premier Bancorp shareholders have voted to approve the acquisition of Paso Robles-based Heritage Oaks Bancorp, Pacific Premier said March 28. The all-stock deal, announced Dec. 13, is valued at $405.6 million or $11.68 per share. It combines the region’s largest bank, with $2 billion in assets, and Pacific Premier, which has $3.8 billion in assets, Read More →
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2015-2016 Giving Guide
