Study claims short-term rentals in SB County generated $471.6 million in 2014
A new study backed by vacation rental owners and a popular vacation rental platform claims that short-term rentals accounted for more than $471.6 million in economic activity throughout Santa Barbara County in 2014. The study was commissioned by Home Away, an Austin, Texas-based vacation rental marketplace with more than one million vacation rental listings in Read More →
Minuteman III missile to launch from Vandenberg AFB
An operational test launch of an Air Force Global Strike Command unarmed Minuteman III intercontinental ballistic missile is scheduled between 11 p.m. Feb. 20 and 5 a.m. Feb. 21 from north Vandenberg Air Force Base. The purpose of the ICBM test launch program is to validate and verify the effectiveness, readiness and accuracy of the Read More →
Ceres corn traits do not require USDA oversight
Thousand Oaks ag-biotech company Ceres said the U.S. Department of Agriculture told the company Feb. 17 that several corn traits Ceres developed do not need to be regulated under a USDA mandate. For years, Ceres developed genetically modified crops for use in biofuels. Last June, the company switched its focus to developing genetically modified crops Read More →
Vapor Hub revenues grow but so do losses
Vapor Hub, a Simi Valley-based electronic cigarette company, said revenues increased slightly when the company released second quarter earnings Feb. 17. Revenues increased from $1.13 million during the second quarter of 2014 to $1.3 million in 2015. Net losses for the company increased as well though, from $189,909 to $334,444. Vapor Hub is a publicly Read More →
Zynga buys Camarillo-based Zindagi Games
Camarillo mobile gaming developer Zindagi Games has been acquired by San Francisco gaming giant Zynga. Zynga made the announcement when the publicly traded company released fourth quarter earnings results Feb. 10. Terms of the deal were not disclosed. “Zindagi is made up of world-class engineers, game designers, product managers and artists who have delivered high Read More →
Plains let Line 901 run for 35 minutes after pipe ruptured in May
Plains All American Pipeline allowed Line 901 to run for 35 minutes after the pipe ruptured the morning of May 19, 2015, according to a preliminary report published on Feb. 17. Federal regulator Pipeline Hazardous Materials Safety Administration came out with a detailed timeline of the Refugio oil spill and more detail regarding Line 901’s Read More →
Venoco misses interest payment, looks to restructure debt
Venoco is looking to restructure its debt as the Refugio oil spill fallout and oil market decline has hindered operations. The Denver-based oil producer that has offices in Carpinteria has chosen not to make the $13.7 million semi-annual interest payment due Feb. 16 on its 8.875 percent senior unsecured notes as the company considers its Read More →
