Avocado pricing hurts Mission Produce sales, stock
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UCSB Chancellor wants to extend reach into downtown
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Majestic sells Tech Park porfolio for South Coast record $235M, according to public records
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Community West Bank receives regulatory approval for merger
Community West Bancshares, the parent company of Community West Bank, announced March 16 that the required regulatory approvals for its merger with United Security Bank from federal and state entities have been granted, paving the way for the deal to go through. The deal, first announced in December, is expected to close by the second Read More →
AeroVironment purchases SLO-based ES Aero for $200M
San Luis Obispo-based Empirical Systems Aerospace, a producer of unmanned aircraft systems, has been purchased by a fellow Central Coast company. Announced March 16, AeroVironment, which is based in Virginia, but houses major operations in its former headquarters of Simi Valley, purchased ES Aero in a deal worth approximately $200 million. According to details of Read More →
Trump administration directs Sable to start oil production off SB coast
U.S. Energy Secretary Chris Wright on March 13 directed Houston-based Sable Offshore Corp. to restart oil production at its Santa Ynez Unit in federal waters off Santa Barbara County’s coast. Wright said in a press release that he was taking the hotly contested action “to address supply disruption risks caused by California policies that have Read More →
Guest commentary: Economic market update — AI, Iran, inflation and K-shaped consumption
By Eric Kelley 2026 has already been a year replete with spicy news items, including the future of artificial intelligence (AI) and the initiation of military strikes against Iran. Additionally, the Supreme Court struck down the initial tariff regime. AI SHAKES MARKET Mid-month, a smaller research firm, Citrini, issued a thought piece on the possible economic Read More →
