Interlink reports profitable 2020
Interlink electronics, a sensor tech manufacturer with major operations in Camarillo, reported rising net income on March 16 for the fourth quarter and full year of 2020. Net income for the fourth quarter was at $53,000, or 1 cent per share, a better mark than the same quarter of 2019, when Interlink reported a loss Read More →
Oxnard company to pursue therapeutic psychedelics
Oxnard-based Cure Pharmaceutical announced plans on March 16 to use its oral film technology to deliver LSD and other psychedelic substances to treat mental health disorders. Cure owns the CBD company Sera Labs, and Cure has used its dissolving thin film platform, Curefilm, to deliver CBD and other cannabis compounds. Cure has a license from Read More →
Macy’s building in downtown Santa Barbara to become office space
The site of the former Macy’s in downtown Santa Barbara is going to be turned into office space, introducing more than 132,000 square feet into the area’s office market. The building is at 701 State Street, in the Paseo Nuevo shopping center. It has three floors, and more than 40,000 square feet of space per Read More →
Resonant reports smaller losses in 2020
Resonant, a Texas-based provider of radio frequency filter designs with major operations in Goleta, ended 2020 with rising revenues and shrinking losses. In the fourth quarter of 2020, Resonant revenue increased 32% from a year earlier, to $607,000, the company said in a March 15 earnings release. It had a net loss of $7.1 million, Read More →
Lawmakers lay out agendas for Santa Barbara chamber
Everyone is rolling up their sleeves right now, but getting shots in arms isn’t the only challenge Central Coast leaders are facing. Several area political leaders came together on March 12 to talk COVID-19, housing, clean energy, wildfire resilience and other hot-button topics in the Santa Barbara South Coast Chamber of Commerce Legislative Update. Santa Read More →
Region’s unemployment rate flat in January as COVID surged
The tri-county region’s unemployment rate was 7.4% in January, the same as in December, as the region and state endured the second month of the winter COVID-19 surge. California’s unemployment rate was 9% in January, down from 9.3% in December, according to data released March 12 by the state Employment Development Department. The national unemployment Read More →
Ventura County picks new Health Care Agency director
Barry Zimmerman, the chief deputy director of the Ventura County Health Care Agency, has been selected as the next director of the agency. Ventura County Executive Officer Mike Powers selected Zimmerman after a nationwide recruitment, the county said in a March 11 news release. Zimmerman, a longtime county manager, has been with the Health Care Read More →
