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An oil well in the Sespe Oil Field. (courtesy photo) Two federal agencies have turned down a decade-old proposal to drill and frack eight new wells in the Sespe Oil Field in Los Padres National Forest north of Fillmore. Jeff Kuyper, executive director of environmental group Los Padres ForestWatch, hailed the denial of the project,
A Santa Barbara County real estate broker who pleaded no contest to embezzlement was sentenced April 18 to five years probation and 30 days in jail. Adam Pirozzi, 42, was also ordered to pay a $1.06 million fine and $1.27 million in victim restitution. Pirozzi owned Santa Barbara Property Management, a company responsible for managing various apartment
Affinity Biosensors, a Santa Barbara-based healthcare diagnostics company, announced April 3 that its flagship LifeScale AST system has received FDA clearance. The company said that the FDA’s approval was a milestone that clears the way for healthcare professionals to begin using an important tool for managing bacteremia by providing antibiotic susceptibility test (AST) results with
A photo of all the retail stores at the Oxnard Shopping Center. (courtesy photo) By Staff Report The Esplanade Shopping Center located in Oxnard has sold for $90 million, according to an April 8 press release. Primestor Development, a leading minority-owned real estate development and investment firm based in Los Angeles, purchased the 357,000-square-foot grocery-anchored
Buybacks could play a role in the S&P 500’s performance over the next 18 months. Goldman Sachs Research writes that companies in the S&P 500 will likely buy back $925 billion in stock in 2024, up from an earlier estimated $840 billion, thanks in part to “stronger than expected growth in earnings and margins.” That’s especially true