Layoffs ‘largely not’ California-based, Apeel says
Goleta-based Apeel Sciences will lay off an unspecified amount of workers and downsize its operations after years of continued growth that took it past a valuation of $2 billion in its last funding round. In a statement provided to the Business Times on July 11, an Apeel spokesperson said the company is “working tirelessly to Read More →
Community Bancorp of Santa Maria sees net income dip in second quarter
Community Bancorp of Santa Maria saw its net income decline 8.2% in the second quarter, as total assets and deposits increased. In a July 12 earnings statement, the bank reported net income of $1.3 million for the quarter ended June 30. In the same quarter a year earlier, Community Bank of Santa Maria reported net Read More →
CLU advocate Howard Wennes passes at 83
Howard Wennes, a minister who played key roles in the development of California Lutheran University, passed away July 12 following a recent hospitalization. His death at age 83 was announced in a statement from CLU President Lori Varlotta. Known as “Howie” he and his wife Mary, were advocates for California Lutheran during more than a Read More →
Goleta’s Apeel lays off undisclosed number of employees
Goleta-based Apeel Sciences will lay off an unspecified amount of workers and downsize its operations after years of continued growth that took it past a valuation of $2 billion in its last funding round. In a statement provided to the Business Times on July 11, an Apeel spokesperson said the company is “working tirelessly to Read More →
Cox Communications president announces $60M broadband investment in Santa Barbara
Cox Communications, the largest private broadband company in the United States, announced July 11 that it will invest at least $60 million over the next three years to deliver multi-gigabit internet service in the Santa Barbara South Coast community. Mark Greatrex, the president of Cox, told the Business Times the Santa Barbara area is a Read More →
Ventura Land Trust gets state funding to complete newest hillside preservation purchase
The state of California has awarded $7.2 million to the Ventura Land Trust to complete the acquisition and preservation of the 1,645-acre Mariano Rancho property in the Ventura hillsides, the Land Trust announced July 8. The state funding will help ecological restoration aimed at supporting recovery of endangered coastal sage scrub plants and safeguard a Read More →
Dubroff: This Fourth of July marked the latest in a long line of American tragedies
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