Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Latest news  -  Page 868
Latest

Updated: SBCC Board placed on warning, four candidates named

By   /  Tuesday, April 3rd, 2012  /  Latest news  /  Comments Off on Updated: SBCC Board placed on warning, four candidates named

[Editor’s note: This article has been updated with information about SBCC’s search for a new president.] The same day Santa Barbara City College released a list of four finalists for its president position, the school announced that it has been placed on warning status. The warning comes almost a year after it received a complaint Read More →

Read More →
Latest

Teledyne increases stake in Optech

By   /  Tuesday, April 3rd, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Teledyne increases stake in Optech

Military-industrial conglomerate Teledyne Technologies said April 3 that its Dalsa subsidiary has increased its ownership stake in the parent company of Optech from 19 percent to 51 percent. Terms of the deal were not disclosed. Optech is a Canadian maker of laser-based survey and digital imaging equipment. Thousand Oaks-based Teledyne has been moving away from Read More →

Read More →
Latest

Amgen, AstraZeneca strike drug development deal

By   /  Monday, April 2nd, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen, AstraZeneca strike drug development deal

Amgen has entered a development deal with London-based AstraZeneca to jointly commercialize five anti-inflammation drugs. Under the terms of the agreement announced April 2, AstraZeneca will pay a one-time $50 million payment to Amgen and will be responsible for helping the Thousand Oaks-based biotech giant commercialize its inflammation drug pipeline. The firms said in a Read More →

Read More →
Latest

Watkins warns of shrinking Ventura County work force

By   /  Thursday, March 29th, 2012  /  Latest news, Tri-County Economy  /  Comments Off on Watkins warns of shrinking Ventura County work force

Bill Watkins’ usually dour outlook for California and the local economy is only getting gloomier. The chief economist at California Lutheran University’s Center for Economic Research and Forecasting said March 29 that his outlook a year ago — already pessimistic compared to that of his fellow forecasters — was “wrong, way wrong.” Ventura County lost Read More →

Read More →
Latest

Sientra funding rises to $151M

By   /  Thursday, March 29th, 2012  /  Latest news, Technology  /  Comments Off on Sientra funding rises to $151M

Sientra, the Santa Barbara breast implant company that recently received the first FDA approval in several decades for new implants for the U.S. market, has closed a $65 million funding round, bringing its total capital raised to $151 million. The lead investor on the private equity deal was London-based life sciences fund Abingworth. Sientra’s existing Read More →

Read More →
Latest

Ojai Community Bank out from regulatory order

By   /  Tuesday, March 27th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Ojai Community Bank out from regulatory order

Ojai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →

Read More →
Latest

Gov. Brown talks high-speed rail, energy

By   /  Friday, March 23rd, 2012  /  Latest news  /  1 Comment

During Gov. Jerry Brown’s first term as head of the state, he green-lighted a plan for a high-speed rail. Thirty years later, the statewide rail project remains a priority for Brown — and it’s one way the California government is working to make the state green. “What’s really interesting right now is to look back Read More →

Read More →