Send Business News items to email@example.com.Accounting
Moss Adams employees from four Greater Bay Area offices donated more than 478 hours of volunteer time to nine local charity organizations this month. The effort, known as Helping Hands Day, is designed to help employees give back and support the sustainability of the communities in which they live and work. As the firm celebrates its centennial this year it set the goal of 100 hours of service per office to encourage employees to get out and make a difference in their local communities. The four Bay Area offices went beyond this goal, closing for part of the day to make a positive impact through volunteering. North Bay employees volunteered for five hours bagging and labeling food donations at Redwood Empire Food Bank.Banking
Summit State Bank (NASDAQ: SSBI) was recognized as one of the Top 75 Corporate Philanthropists in the Bay Area by San Francisco Business Times. The Santa Rosa-based bank ranked eighth for percentage of net profits donated in the Bay Area and was the only Sonoma County-based company to earn this recognition. The award recognizes those companies that give back through innovative programs and strong commitment by its team members to make discernible and lasting differences in the communities they serve. Other recipients were Google, Charles Schwab, Microsoft, Levi Strauss and Clif Bar.Education
Santa Rosa Junior College Shone Farm olive oil has been named a Double Gold-winner by Sonoma County Harvest Fair judges in the fair’s professional olive oil competition. This is the second time the oil has taken Double Gold honors. The SRJC olive oil, made from a blend of Arbosana, Arbequina and Koroneiki olives, won the award in the category of Sonoma County-grown, medium-flavored olive oil. The olive oil is produced at the farm in Forestville. It will be available during Shone Farm’s fall open house on Oct. 12. This is the second year the olives grown at Shone Farm were processed into olive oil. The 365-acre SRJC educational farm has a 1,800-tree olive orchard, a vineyard, fruit orchard, large area of vegetable row crops, and livestock barns. This past season 3.25 tons of olives were harvested, yielding 80 gallons of the award-winning oil. The olives were pressed and bottled at The Olive Press in Sonoma.Food & Beverage
The Next Iron Chef contestant Duskie Estes and her artisan salumist husband, John Stewart, opened their restaurant with a new name, Zazu Kitchen + Farm, at The Barlow development in Sebastopol. Zazu’s new home features the couple’s dream kitchen, making farm-to-table plates, cured meats and gelati. It has a full bar with artisan farm cocktails by mixologist Michael Cecconi, and signature snacks like chicharrone peanut butter cups and black pig bacon caramel corn.
Two North Bay restaurants -- Tiburon's A Caprice and The Spinnaker in Sausalito -- made OpenTable's 2013 Diners' Choice Award list for the Top 100 Scenic View Restaurants in the U.S. These awards reflect the combined opinions of more than 5 million reviews submitted by verified OpenTable diners for more than 15,000 restaurants in all 50 states and the District of Columbia.Insurance
EPIC, a retail property and casualty insurance brokerage and employee benefits consultancy with an office in Petaluma, acquired SafeHarbor Risk Management, a 4-year-old company with New York and Boston offices.Technology
Petaluma-based Oculus Innovative Sciences (NASDAQ: OCLS) reported financial results for the first quarter of fiscal year 2014, ended June 30. Total revenues were $3.4 million for the first quarter, down 17 percent from $4.1 million for the same period in the prior year. The decline in quarterly revenue growth was the result of three factors: delayed seasonal purchasing by ranches and farms for Vetericyn veterinary care products due to late winter storms, negatively impacting sales in April and May 2013; lower dermatology sales due to the discontinuance of one partner and the launch of products by a new partner last year, causing a revenue spike in the first quarter of fiscal 2013; and the structure of a Latin America-Mexico partnership, completed last August, reduced Oculus' short-term revenue growth despite a 53 percent increase in unit volume sales.Wine