Parent of Ojai Community Bank raises funds
OCB Bancorp, parent company of Ojai Community Bank, raised additional funds by issuing $3 million of subordinated notes to facilitate future growth. “During this extended period of low rates, many corporations have found it advantageous to issue corporate bonds instead of common stock to assist capital growth,” President and CEO Dave Brubaker said in a Read More →
Read More →Capps honored for work on safe rental car law
U.S. Rep. Lois Capps, D-Santa Barbara, was honored Aug. 19 by Consumers for Auto Reliability and Safety for her leadership in helping pass the Raechel and Jacqueline Houck Safe Rental Car Act of 2015. Since 2012, Capps has been working with Ventura County resident Cally Houck, whose daughters Raechel and Jacqueline Houck were killed in Read More →
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Brooks Institute closing leaves Ventura out of focus
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Read More →Defense Department spending plunges in Tri-Counties
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Read More →Winery investments heat up throughout Central Coast
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Read More →Dubroff: Great retail guessing game puts a Macy’s store in the spotlight
It seems crazy to write about Christmas in August. But as the shopping season starts earlier and earlier, there’s more and more trouble brewing for retailers. News that Macy’s is closing another 100 stores — after announcing 36 exits earlier this year — got raves from Wall Street as the nation’s flagship chain battles online Read More →
Read More →Conarium Wines founder acquires Jaffurs Wine Cellars
Winemaker Daniel Green acquired Jaffurs Wine Cellars, a Santa Barbara County wine producer known for its Rhone varietals, the company announced on Aug. 15. Craig and Lee Jaffurs founded the company in 1994, which produces about 5,000 cases each year from growers in Santa Ynez, Ballard Canyon, Santa Rita, Los Alamos and Santa Maria. The Read More →
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