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The doors of the region’s businesses were fully open on June 15 for the first time in 15 months — and two Central Coast residents became millionaires — as California lifted nearly all of its COVID-19 restrictions. The state appears to have the upper hand on the virus, with new cases down to around 1,000 Read More →
Amazon billionaire MacKenzie Scott gave away another $2.7 billion on June 15, including $20 million for Santa Barbara City College and $15 million for CSU Channel Islands near Camarillo. Scott announced the new round of gifts with a blog post that lists all 286 recipients, most of them public institutions and private nonprofits in higher Read More →
A wind farm off the coast of Morro Bay could bring 650 jobs and $262 million in annual economic impact to the Central Coast, and an onshore port to assemble and service wind turbines would be a much bigger economic boost, according to a new study by researchers from Cal Poly San Luis Obispo. The Read More →
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 →
Editor’s note: This article was updated shortly after it was posted to include information about the planned renaming of the base. Vandenberg Air Force Base was responsible for 20,000 jobs and $5.8 billion in economic activity in 2020, with room to grow to $7.9 billion in output by 2030, according to a new study by Read More →
Thousand Oaks-based Teledyne Technologies completed its purchase of Flir Systems on May 13 when the stockholders of each company approved the $8.2 billion deal, Teledyne announced May 14. Flir, a thermal imaging company based in Oregon with a large presence in Goleta, is now part of Teledyne’s Digital Imaging Segment and operates under the name Read More →