Montecito Bank & Trust closes out 2022 strong
Banking & Finance, Earnings, Latest news, middle, Santa Barbara County, Tri-County Public CompaniesDespite total assets dropping from the end of last year, Montecito Bank & Trust reported an overall strong growth in income and loans to close out fiscal year 2022, the financial institution reported Jan. 30. Montecito Bank & Trust, the biggest bank in the tri-county region, reported income grew to $18.27 million for the year Read More →
Amgen to lay off 300 U.S. workers
East Ventura County, Economy, Latest news, left, TechnologyTechnology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →
AppFolio beats revenue estimates
Earnings, Latest news, Technology, Tri-County Public CompaniesGoleta-based AppFolio beat analysts’ expectations in both earnings and revenue when it released its financial results for the fourth quarter on Jan. 26. AppFolio, a software company for the real estate industry, announced revenue worth $124.1 million in the fourth quarter, a 30% increase from the same quarter a year ago. But the company’s net Read More →
LogicMonitor names new C-Suite member
Latest news, TechnologySanta Barbara-based LogicMonitor has announced Taggart Matthiesen as the company’s new Chief Product Officer, the company said in a Jan. 24 press release. Matthiesen joins LogicMonitor from Lyft, where he built and led the company’s autonomous driving initiatives, holding the title of vice president of product. Before that role, he also held various leadership positions Read More →
Next Energy powers up Patagonia’s HQ
Latest news, Technology, Top Stories, Top StoryNext Energy Technologies has spent the better part of a decade validating the science behind its proprietary solar panel window technology. But last week, the Goleta-based company received a different type of validation from one of the largest climate-positive companies in the world. On Jan. 19, Next announced it successfully installed its solar panel windows Read More →
Teledyne caps off strong year with record-breaking fourth quarter
Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Diablo Canyon extension process hindered by federal regulators
Energy, Latest news, San Luis Obispo County, Top Stories, Top StoryThe plan to extend the life of the Diablo Canyon Power Plant may have been put on hold, pending the filing of a revised application with federal regulators. On Jan. 24, the U.S. Nuclear Regulatory Commission denied a request to renew a review of an operating license application from Pacific Gas & Electric, operators of Read More →
