Montecito Bank & Trust closes out 2022 strong
Despite total assets dropping from the end of last year, Montecito Bank & Trust reported an overall strong growth in income and loans to close out fiscal year 2022, the financial institution reported Jan. 30. Montecito Bank & Trust, the biggest bank in the tri-county region, reported income grew to $18.27 million for the year Read More →
Amgen to lay off 300 U.S. workers
Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →
AppFolio beats revenue estimates
Goleta-based AppFolio beat analysts’ expectations in both earnings and revenue when it released its financial results for the fourth quarter on Jan. 26. AppFolio, a software company for the real estate industry, announced revenue worth $124.1 million in the fourth quarter, a 30% increase from the same quarter a year ago. But the company’s net Read More →
Benn: Inn at Avila Beach sold
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Our View: More work needed to combat hate speech
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Dubroff: Lawsuit vs. Google could pave way for Central Coast companies
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Resources available for small businesses and nonprofits following storm
Small businesses and nonprofits that experienced damage from winter storms are getting help from the SBA and other federal agencies after much of the region was declared a major disaster. Officials in San Luis Obispo and Santa Barbara Counties are setting up disaster recovery centers. Ventura County is not included in the major disaster declaration Read More →
