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Latest

More questions than answers as PPP runs out of loan funds

By   /  Friday, April 17th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Law, Small Business, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on More questions than answers as PPP runs out of loan funds

Questions remain as the Small Business Administration ran out of funding for the Payroll Protection Program on April 16. The fund started with $349 billion, which was quickly loaned out to businesses across the nation — but not to everyone at the same time. Independent contractors and self-employed people were able to apply for the Read More →

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Market gains but most tri-county stocks fall

By   /  Thursday, April 16th, 2020  /  Biotech, Earnings, East Ventura County, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Market gains but most tri-county stocks fall

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MannKind getting $5M loan to avoid layoffs and tackle COVID-19

By   /  Thursday, April 16th, 2020  /  Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MannKind getting $5M loan to avoid layoffs and tackle COVID-19

Westlake Village-based MannKind said it expects $4.9 million in federal forgivable loan relief, among other financial measures that will help it avoid furloughs and layoffs as it pursues potential therapies for the COVID-19 pandemic. The company is currently exploring four potential anti-infective and antiviral therapies, said CEO Michael Castagna.  “These are high risk areas and Read More →

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Most tri-county stocks gain as market rises

By   /  Tuesday, April 14th, 2020  /  Biotech, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Most tri-county stocks gain as market rises

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Teledyne, Interlink making tech to fight COVID-19

By   /  Tuesday, April 14th, 2020  /  Biotech, Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  Comments Off on Teledyne, Interlink making tech to fight COVID-19

Tri-county firms Teledyne and Interlink Electronics joined the list of regional suppliers of technology to respond to the COVID-19 epidemic.  Teledyne DALSA, a subsidiary of Thousand Oaks-based Teledyne’s imaging division, released a new line of long wave infrared cameras to provide contact-free skin temperature and fever detection.  “Its small form factor and architecture allows integrators Read More →

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Pandemic kills demand for tri-county produce and cut flowers

By   /  Friday, April 10th, 2020  /  Agribusiness, Central Coast Health Watch, right, Small Business, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Pandemic kills demand for tri-county produce and cut flowers

COVID-19 restrictions that canceled events and shuttered restaurants have collapsed distribution chains for fresh fruit, vegetables and flowers grown throughout the Tri-Counties. Consumer demand plunged, growers said, as buyers prioritized shelf-stable goods like grains, pasta and frozen and canned foods, foregoing berries, leafy greens and cut flowers grown on the Central Coast. “(Agriculture is) an Read More →

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Shares of tri-county biotherapeutics soar

By   /  Thursday, April 9th, 2020  /  Earnings, East Ventura County, Latest news, South Coast, Tri-County Public Companies, West Ventura County  /  Comments Off on Shares of tri-county biotherapeutics soar

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