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Business groups push State Street improvement

By   /  Thursday, November 10th, 2022  /  Latest news, Santa Barbara County, Small Business, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Business groups push State Street improvement

Two influential Santa Barbara business organizations are proposing an improvement district for the city’s ailing downtown area, but some business owners have expressed reservations. The Downtown Organization of Santa Barbara and the Santa Barbara South Coast Chamber of Commerce have proposed a Community Benefit Improvement District aimed at reversing the decline of the area, including Read More →

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U.S. economy in relatively strong shape, UCSB economist says in Ventura

By   /  Wednesday, November 9th, 2022  /  Latest news, middle, Regions, Top Stories, Ventura County  /  Comments Off on U.S. economy in relatively strong shape, UCSB economist says in Ventura

The U.S. economy is not in a recession and if one is coming soon we’re well-positioned to withstand it with minimal damage, UC Santa Barbara economist Peter Rupert said during a Ventura Chamber of Commerce event Nov. 9. Rupert is a professor of economics and the director of the UCSB Economic Forecast Project. There is Read More →

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Kolibri reports big jumps in earnings and revenue

By   /  Tuesday, November 8th, 2022  /  Banking & Finance, Earnings, Energy, Latest news, Regions, Subscriber content, Tri-County Public Companies, Ventura County  /  Comments Off on Kolibri reports big jumps in earnings and revenue

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MannKind reports loss but record revenue for Q3

By   /  Tuesday, November 8th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Tri-County Public Companies, Ventura County  /  Comments Off on MannKind reports loss but record revenue for Q3

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Atara shares drop after larger Q3 loss than expected

By   /  Tuesday, November 8th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Tri-County Public Companies, Ventura County  /  Comments Off on Atara shares drop after larger Q3 loss than expected

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Arcutis reports Q3 loss, but first product revenue

By   /  Tuesday, November 8th, 2022  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Regions, Subscriber content, Tri-County Public Companies, Ventura County  /  Comments Off on Arcutis reports Q3 loss, but first product revenue

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Velocity picks up speed with revenue and income growth

By   /  Monday, November 7th, 2022  /  Banking & Finance, Earnings, Latest news, Real Estate, Regions, Tri-County Public Companies, Ventura County  /  Comments Off on Velocity picks up speed with revenue and income growth

Velocity Financial, a real estate finance company based in Westlake Village, reported increases in both revenue and net income for the third quarter, compared to a year earlier. Velocity’s net income grew to $10 million from $8 million, an increase of 24.4%, while its diluted earnings per share grew to 29 cents from 23 cents, Read More →