Indie record shops thrive in vinyl’s new age
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Region’s unemployment rate drops below 5%
The unemployment rate in the tri-county region dropped nearly a full percentage point between August Read More →Energy Vault preps to go public, could raise $388M
Energy Vault CEO Robert Piconi at one of the company's facilities (courtesy photo) Westlake Village-based Read More →Ventura firm pays up to $102M for oil assets in West Ventura
Ventura-based California Natural Resources Group, or CalNRG, is buying California Resources Corp.’s oil and gas Read More →
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Unlicensed Ventura cannabis retailer to pay $75K fine
The Ventura County District Attorney’s Office announced a settlement Oct. 26 that will require Green Bee Collective to pay $75,000 in civil penalties and restitution Read More →
Earnings, loans, assets all up at American Riviera Bank
American Riviera Bank’s core loans rose 20% during the past year and the bank continues to experience “tremendous” deposit growth, the company said in its Read More →
Bank of the Sierra earnings up slightly
Sierra Bancorp, the parent company of Bank of the Sierra, reported Oct. 25 that its net income rose slightly in the third quarter, compared to Read More →
Food Share of Ventura County CEO will lead state food banks association
Monica White Monica White, the president and CEO of Food Share of Ventura County, has been named chair of the board of the California Association Read More →
SLO-LAX flights return next week
United Airlines will resume flying between San Luis Obispo and Los Angeles International Airport on Nov. 1, a route that the airline put on hold Read More →
Procore announces second recent acquisition
Procore Technologies secured its second acquisition in as many months when the Carpinteria-based construction software company announced on Oct. 22 it had acquired LaborChart. Financial Read More →
Ventura firm pays up to $102M for oil assets in West Ventura
Ventura-based California Natural Resources Group, or CalNRG, is buying California Resources Corp.’s oil and gas assets in Ventura County in a deal that could be Read More →
Indie record shops thrive in vinyl’s new age
Ben Mohler browses the vinyl at Warbler Records & Goods in downtown Santa Barbara. (Brooke Holland photo) While browsing a selection of vinyl records at Read More →
Real Estate: New CRE firm in region finds national retailer for State Street
The fitness clothing brand Athleta is set to open in downtown Santa Barbara in the next 30 days, Lockehouse Retail Group officials told the Business Read More →
Our View: State housing mandates finally have some teeth
California is getting a lot more serious about making local leaders accountable for developing enough housing to meet their fair share of the state’s dire Read More →
Street Smarts: U.S. Bank invests in Central Coast private wealth division; Chamber exec moves on South SLO County
Just weeks after its announced acquisition of Union Bank, U.S. Bank is beefing up its 20-year-old private wealth management operations on the Central Coast. The Read More →
Region’s unemployment rate drops below 5%
The unemployment rate in the tri-county region dropped nearly a full percentage point between August and September, to reach its lowest level since before the Read More →
Energy Vault preps to go public, could raise $388M
Energy Vault CEO Robert Piconi at one of the company's facilities (courtesy photo) Westlake Village-based Energy Vault disclosed details of its financial performance for the Read More →
Citizens Business Bank reports ‘solid loan growth,’ higher earnings in Q3
CVB Financial Corp., the parent company of Citizens Business Bank, saw an increase in net income and asset growth for the quarter ended Sept. 30 Read More →
Earnings, assets both up at Pacific Premier Bank
Pacific Premier Bancorp saw its net income and assets grow in its most recent quarter, the company announced Oct. 21. The Irvine-based bank, which has Read More →
Pacific Western Bank reports year-over-year earnings growth
Los Angeles-based PacWest Bancorp, which has 13 branches in the tri-county region, reported net earnings for the third quarter that were higher than a year Read More →
MannKind shares drop 18% after FDA says it will pass on new blood pressure drug
Shares of Westlake Village-based MannKind Corp. dropped 18% on Oct. 18, after the U.S. Food and Drug Administration did not approve a hypertension treatment the Read More →
New SBA leader sees big changes on the horizon for small businesses
Small businesses across the Central Coast survived the pandemic thanks to billions of dollars in relief funds, much of it funneled through disaster programs run Read More →
Family Business: SLO Chamber aims to make workplaces friendlier to parents
The child of a PG&E employee plays at the day care center in Avila Beach the company operates in conjunction with Little Sprouts Child Care. Read More →
Amgen’s investment in Neumora marks a return to neuroscience research
Two years after ending its own internal neuroscience research and early development programs, Thousand Oaks-based Amgen has found a way to get the sector back Read More →
Amgen goes full speed ahead on biosimilar drugs
Health care costs in the United States are among the highest in the world. In 2019, a national health expenditures report found that the U.S. Read More →
Sansum Institute kept its diabetes research going in a year like no other
Dr. Ashley Thorsell, a research physician and endocrinologist at Sansum Diabetes Research Institute in Santa Barbara, talks with a patient. (courtesy photo) For nearly eight Read More →
Community Bank of Santa Maria reports Q3 earnings jump
Community Bancorp of Santa Maria reported that its income, assets and deposits increased in the third quarter of 2021 compared to a year earlier, while Read More →
Inogen co-founder to leave company in April
Inogen's co-founders, from left: Byron Myers, Alison Bauerlein, Brenton Taylor (file photo) Brenton Taylor, the executive vice president for engineering at the Goleta medical device Read More →
Real Estate: Limoneira closes first phase of Harvest project with 596 homes
The Harvest at Limoneira development is under construction in Santa Paula. (courtesy photo) Santa Paula-based agribusiness Limoneira announced Oct. 6 that its Harvest at Limoneira Read More →
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