Tri-county unemployment down to 6% in November
Unemployment in the Tri-Counties and all over California hit its lowest levels in November since before the pandemic began, though the latest figures come from surveys taken before the post-Thanksgiving surge in COVID-19 cases and the new round of stay-home orders and business closures. California’s unemployment rate in November was 8.2%, down from 9% in Read More →
Read More →Westlake Village BioPartners puts $500 million into new venture funds
Westlake Village BioPartners, a venture capital firm focused on biotech startups in the Conejo Valley and the rest of greater Los Angeles, launched two new funds Dec. 15 worth a total of $500 million. The first fund is $70 million and will be used for Series B or later financing into companies that Westlake Village Read More →
Read More →Nurses set to strike at Los Robles hospital in Thousand Oaks
Nurses at Los Robles Regional Medical Center in Thousand Oaks, the biggest hospital in Ventura County, are set to go on a 10-day strike starting Dec. 24. The nurses’ union, Service Employees International Union Local 121 RN, called the strike Dec. 14, four days after a vote of the union members gave the bargaining team Read More →
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AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
Read More →Region’s PPP loans totaled $2.87B
Businesses in the tri-county region received more than $2.87 billion in potentially forgivable loans through the federal Paycheck Protection Program, according to an early December release of data from the U.S. Small Business Administration.
Read More →Central Coast counties ask to go their own way on pandemic rules
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Read More →Ventura County Health Care director to step down in March
Ventura County Health Care Agency Director Bill Foley is retiring on March 6, 2021. Foley, who took on the role of director in December 2018, has worked in public safety net health systems for decades. When he came to Ventura County he brought experience from working with the Chicago-based Cook Count Health and Hospitals System, Read More →
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