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August 19, 2023
The X Games brought $2 million worth of economic impact in 2019 to Minneapolis. Ventura expects an even bigger impact. (courtesy photo) Summer is a time of great expectations for the tri-counties. As people look to venture out and do things near the beach, near the mountains and anything else in between, the Central Coast
August 18, 2023
City National Rochdale writes that there is a “high probability” that the Fed may be done with interest rate hikes for the current business cycle. It tells investors that the central bank “is in a ‘fine-tuning’ phase of monetary policy, and policy changes will be dependent upon incoming data.” That’s a contrast to recent behavior
August 18, 2023
By Staff Report High-end apartments have proven to be more resilient and resistant to economic pressures than houses and other types of apartments this year, according to a report from Institutional Property Advisors. Housing prices and mortgage rates have continued to go up, leading to demand for high-end apartments to increase. Vacancy rates at Class
August 16, 2023
The Trade Desk headquarters in downtown Ventura (file photo) Ventura-based The Trade Desk beat Wall Street’s expectations for its second-quarter performance thanks to boosts in revenue from the rise of connected TV and the increased use of retail data. That has not helped the company’s stock, however, which has dipped more than 10% since announcing
August 15, 2023
The building that includes The Palms restaurant in Carpinteria sold earlier this year. (courtesy photo) By Staff Report Sales in the South Coast have been hampered due to higher interest rates, the Hayes Commercial Group’s midyear 2023 report found. The report, published on Aug. 4, found that commercial dollar volume sales, excluding hotels, were down
August 15, 2023
Thousand Oaks-based Amgen beat analysts’ expectations when it reported its earnings for the second quarter on Aug. 3, but more importantly, the company reaffirmed its position that it can close the pending acquisition of Horizon Therapeutics before the end of the year. The biotech giant reported net income grew 4.5% year over year from $1.32
August 15, 2023
The Ventura County Credit Union has awarded its inaugural First in Family Scholarship, the firm announced on July 26. The Credit Union, which is the largest credit union headquartered in Ventura County with eight offices, awarded the scholarship to Rayleen Meza, a Santa Paula High School senior who will be attending California State University Channel
August 15, 2023
MannKind shares rose nearly 20% on Aug. 8, one day after the company highlighted its earnings results for the second quarter of 2022. MannKind, a biotechnology company that develops treatments for diabetes and pulmonary arterial hypertension, delivered revenue worth $49.6 million in the second quarter of 2023, up 157% from the same quarter a year
August 15, 2023
A report published on Aug. 8 by Dwellsy, the largest home rental listing platform in the country, found that apartment prices are dwindling slightly, except for the majority of the tri-counties. The July report showed that year-over-year rent has fallen 1.9%, or $25, for a one-bedroom apartment while two-bedroom apartments have remained flat. Similarly, from
August 15, 2023
When I looked at my LinkedIn feed the other day, there was a photo of VNA Health CEO Kieran Shah at an Alzheimer’s fundraiser with actor Jane Seymour. In my email inbox, the other day was an invite to a fundraiser on the Channel Cat, a request to support SEEAG, a nationally acclaimed farm education