Tri-county unemployment rate drops below 4%
The unemployment rate for the Central Coast fell below 4% in the month of April, according to the latest data provided by the California Employment Development Department. Released on May 17, the unemployment rate of the tri-counties was at 3.96% for the month of April, down from a 4.56% unemployment rate in the month of Read More →
$70M Refugio oil spill deal gets tentative OK
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.
Wendy Foster’s State Street location closing
State Street icon Wendy Foster is becoming the latest casualty of Santa Barbara’s retail apocalypse. The trend-forward fashion retailer said May 14 that it was closing its location at 1220 State Street after a nearly 40-year run that featured some of the most iconic apparel on the Central Coast. Although technically a “pause,” according to a statement, Read More →
Vital signs: AI is used to supplement workers, not replace them
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.
Portfolio watch
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.
Housing crunch: 11,000+ new homes could ease area shortage
More than 11,000 housing units in the tri-county region are being built, have been ap- proved or are proposed to help tackle the area’s acute housing shortage. One such housing project is the 1,500-unit Harvest in Limoneira in Santa Paula. The development is a 50/50 joint venture between Santa Paula-based lemon grower Limoneira and The Read More →
Judge grants preliminary approval of $70M oil spill settlement
A federal judge has granted preliminary approval of a $70 million class action settlement to property owners impacted by a 2015 oil spill along the Santa Barbara coastline. U.S. District Court Judge Philip Gutierrez issued his ruling May 1, it was announced May 9. On May 19, 2015, a pipeline ruptured, spilling oil onto private Read More →
