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Union Bank unveils $10M grant program for underserved communities

By   /  Thursday, August 6th, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business  /  No Comments

Editor’s note: An earlier version of this article contained an error in the headline. Union Bank’s Community Recovery Program is grants, not loans. Union Bank is making it easier for marginalized communities to access much-needed grant funds through a new online portal. The Community Recovery Program is a portal through which the bank is pouring Read More →

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Alaska Airlines to add Santa Barbara-San Diego daily flights

By   /  Tuesday, August 4th, 2020  /  Latest news, South Coast, Tourism, Tri-County Economy  /  No Comments

Alaska Airlines will fly direct daily from Santa Barbara to San Diego starting Nov. 20, Santa Barbara Airport announced Aug. 4. Alaska Airlines already offers daily service from Santa Barbara to Seattle and Portland. The new flight reduces travel between San Diego and Santa Barbara from a car trip that can take anywhere from four Read More →

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Goleta small-business grants available until Aug. 7

By   /  Monday, August 3rd, 2020  /  Latest news, Restaurants, Small Business, South Coast  /  No Comments

Grants are available for Goleta’s small businesses, but only for a short time. The grants are being provided by the Santa Barbara Better Together Fund Small Business Grant Program, which was launched in partnership with the city of Goleta, the Santa Barbara Foundation and Deckers Brands. Grants of up to $10,000 will be available for Read More →

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Deckers beats expectations with rising sales, shrinking losses in second quarter

By   /  Friday, July 31st, 2020  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  No Comments

Goleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →

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LTC sees big revenue drop after rent losses

By   /  Friday, July 31st, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  No Comments

LTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →

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Coalition set to unveil aerospace economic plan

By   /  Wednesday, July 29th, 2020  /  Central Coast, Latest news, Tri-County Economy  /  No Comments

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Oxnard’s Cure makes $20M buy of CBD firm

By   /  Tuesday, July 28th, 2020  /  Agribusiness, Central Coast Health Watch, Latest news, Tri-County Economy, West Ventura County  /  No Comments

This 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.

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