Pacific Coast Business Times

Pacific Coast Business Times Business journal for Ventura, Santa Barbara and San Luis Obispo counties. Website: www.pacbiztimes.com | Twitter: twitter.com/pacbiztimes.

Business Journal for Santa Barbara, Ventura, and San Luis Obispo counties

A former Trade Desk employee was arrested Aug. 20 on a federal indictment charging him with an insider trading scheme wh...
08/21/2026

A former Trade Desk employee was arrested Aug. 20 on a federal indictment charging him with an insider trading scheme while he still worked at the Ventura-based advertising tech firm.

A former Trade Desk employee was arrested Aug. 20 on a federal indictment charging him with an insider trading scheme while he still worked at the Ventura-based advertising tech firm. Jesse Mitchell, 48, of Ventura allegedly generated more than $338,000 in profits in the scheme, according to the ind...

A vote by the California Public Utilities Commission clears the way for Charter Communications, based in Connecticut, to...
08/20/2026

A vote by the California Public Utilities Commission clears the way for Charter Communications, based in Connecticut, to complete its merger with Cox Communications, the longtime broadband operator in the greater Santa Barbara area.

A vote by the California Public Utilities Commission clears the way for Charter Communications, based in Connecticut, to complete its merger with Cox Communications, the longtime broadband operator in the greater Santa Barbara area. The merger, which was expected to be completed by press time, makes...

Two cheers for Scott Bessent. The treasury secretary and former hedge fund manager pulled off another financial coup on ...
08/20/2026

Two cheers for Scott Bessent. The treasury secretary and former hedge fund manager pulled off another financial coup on Aug. 19 when he offered to provide at least double the expected amount of liquidity for long-term government bonds, sending yields tumbling.

Two cheers for Scott Bessent. The treasury secretary and former hedge fund manager pulled off another financial coup on Aug. 19 when he offered to provide at least double the expected amount of liquidity for long-term government bonds, sending yields tumbling. The drop in interest rates reduced stre...

Santa Paula-based Limoneira announced the successful sale of its 724-acre vineyard property in Paso Robles, Windfall Far...
08/19/2026

Santa Paula-based Limoneira announced the successful sale of its 724-acre vineyard property in Paso Robles, Windfall Farms, for $15 million in an all-cash deal with a private buyer.

Windfall Farms in Paso Robles. (Courtesy photo: Sotheby's International Realty) Santa Paula-based Limoneira announced the successful sale of its 724-acre vineyard property in Paso Robles, Windfall Farms, for $15 million in an all-cash deal with a private buyer. Announced Aug. 17, the sale follows a....

Diablo Canyon Power Plant. (courtesy photo) The future of the Diablo Canyon Power Plant received a big boost Aug. 17 aft...
08/19/2026

Diablo Canyon Power Plant. (courtesy photo) The future of the Diablo Canyon Power Plant received a big boost Aug. 17 after the U.S. Department of Energy awarded Pacific Gas and Electric $271 million to help support the power plant’s extended operations.

Diablo Canyon Power Plant. (courtesy photo) The future of the Diablo Canyon Power Plant received a big boost Aug. 17 after the U.S. Department of Energy awarded Pacific Gas and Electric $271 million to help support the power plant’s extended operations. Originally set to be decommissioned by 2025,...

Camarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module...
08/17/2026

Camarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release.

Camarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release. Compal Electronics is a major Taiwanese original design manufacturer founded in 1984...

Oxnard-based Swarm Aero, a developer of large uncrewed aerial vehicle swarms, announced over $10 million in contracts wi...
08/17/2026

Oxnard-based Swarm Aero, a developer of large uncrewed aerial vehicle swarms, announced over $10 million in contracts with the Air Force Research Laboratory to perform research and development on the company’s novel, high-rate composite manufacturing approach and produce aircraft parts for the U.S. Air Force.

Oxnard-based Swarm Aero, a developer of large uncrewed aerial vehicle swarms, announced over $10 million in contracts with the Air Force Research Laboratory to perform research and development on the company’s novel, high-rate composite manufacturing approach and produce aircraft parts for the U.S...

Former San Luis Obispo Chamber of Commerce CEO Ermina Karim will be stepping back into the chamber’s leadership role as ...
08/17/2026

Former San Luis Obispo Chamber of Commerce CEO Ermina Karim will be stepping back into the chamber’s leadership role as Garret Olson steps away to deal with a family matter.

Former San Luis Obispo Chamber of Commerce CEO Ermina Karim will be stepping back into the chamber's leadership role as Garret Olson steps away to deal with a family matter. In a note to chamber members, Olson said he'll be taking a sabbatical as his wife undergoes cancer treatment. The chamber boar...

By this point, I am sure you’re tired of hearing about artificial intelligence, but the fact of the matter is it is not ...
08/11/2026

By this point, I am sure you’re tired of hearing about artificial intelligence, but the fact of the matter is it is not going away. Throughout this month’s 805 tech report, the focus is on a slew of stories about how AI is being incorporated into all parts of our world, from health care to construction.

By this point, I am sure you’re tired of hearing about artificial intelligence, but the fact of the matter is it is not going away. Throughout this month’s 805 tech report, the focus is on a slew of stories about how AI is being incorporated into all parts of our world, from health care to const...

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