March 28, 2024
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Latest

Lumber shortages drive building costs through the roof

By   /  Friday, May 28th, 2021  /  Central Coast, East Ventura County, Latest news, left, Real Estate, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Lumber shortages drive building costs through the roof

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Latest

Public health meets private sector with Charity Dean’s new venture

By   /  Friday, May 28th, 2021  /  Health Care & Life Science, Latest news, South Coast, Startups, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Public health meets private sector with Charity Dean’s new venture

Months into the COVID-19 pandemic, Dr. Charity Dean realized a harsh reality. She was then assistant director of the California Department of Public Health, and she knew the state and nation were literally in a do-or-die situation. “As a local health officer, I learned painfully that no one is coming to save me,” Dean, who Read More →

Latest

QAD stock rises after earnings beat

By   /  Thursday, May 27th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD stock rises after earnings beat

QAD, a Santa Barbara-based cloud software company for the manufacturing industry, beat analysts’ expectations with its earning for the first quarter of its 2021-22 fiscal year on May 26. QAD’s net income for the quarter was $1.8 million, or 7 cents per share, compared to a loss of $410,000 in the same quarter a year Read More →

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Invoca makes first acquisition, will push company past $100M annual revenue

By   /  Monday, May 24th, 2021  /  Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Invoca makes first acquisition, will push company past $100M annual revenue

Invoca, a marketing call analytics company based in Santa Barbara, announced its first acquisition May 24, the purchase of a Chicago-based call tracking and analytics company called DialogTech in a combined cash and stock deal. Terms of the deal were not disclosed. Invoca said the puts it on track to exceed $100 million in revenue Read More →

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United to connect Santa Barbara and Chicago in June

By   /  Monday, May 24th, 2021  /  Latest news, middle, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on United to connect Santa Barbara and Chicago in June

United Airlines has begun taking reservations for Santa Barbara-to-Chicago service and offering some Windy City-style hot dogs to make a splash. What airport officials describe as Santa Barbara’s longest flight will kick off on June 3 with nonstop daily to O’Hare International Airport, leaving at 7 a.m., according to a May 24 news release from Read More →

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Region’s unemployment dropped to 6% in April, but shrinking workforce played a part

By   /  Friday, May 21st, 2021  /  Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Region’s unemployment dropped to 6% in April, but shrinking workforce played a part

The tri-county region’s unemployment rate dropped from 6.4% in March to 6% in April, equaling its lowest rate since the pandemic began, according to a Business Times analysis of data released May 21 by the California Employment Development Department. The drop in the unemployment rate was due in part to job growth, but a shrinking Read More →

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New REACH study: Central Coast businesses were hit hard, but $1.5B in PPP loans softened blow

By   /  Friday, May 21st, 2021  /  Central Coast, Latest news, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on New REACH study: Central Coast businesses were hit hard, but $1.5B in PPP loans softened blow

The pandemic was bad, but without business assistance in the form of the federal Paycheck Protection Program, it could have been so much worse for local businesses. REACH — the Regional Economic Action Coalition, a San Luis Obispo-based economic development nonprofit — released a report May 19 that examined the impact of the pandemic on Read More →