Sientra announces reverse stock split to boost shares
Sientra, a medical aesthetics company focused on breast augmentation, announced on Jan. 20 that its board of directors approved a 1-for-10 reverse stock split of the company’s issued and outstanding common stock. The reverse stock split was effective as of 1 p.m. on Jan. 19 while the company’s common stock began trading on the Nasdaq Read More →
Region’s unemployment rate dips back below 3%
The unemployment rate across all three counties along the Central Coast dipped in the month of December, according to data released on Jan. 20 by the California Employment Development Department. Combined, the tri-county area had an unemployment rate of 2.9% in the month of December, down from 3.2% in the month of November. It is Read More →
Venture capital spending to keep cooling in ’23 amid economic concerns
By Mike Harris, Special to the Business Times This year will be a cautious one for venture capital investors, panelists at a round table discussion in Westlake Village said on Jan. 18. “I think it will be slow and cautious,” said moderator Scott Alderton, managing partner of Los Angeles-based law firm Stubbs, Alderton and Markiles, Read More →
Opinion: How California businesses can prepare for an economic downturn
By Nora Sobottka California finance executives have redefined adaptability with warp-speed reconfiguration of capital investment plans in the wake of a global pandemic. Adaptability is currently a key consideration for the state’s business owners, given that a potential economic slowdown is on the horizon in 2023. With that in mind, how can California businesses prepare? Read More →
Our View: Aftermath from the near-record storm
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Benn: Goodwill location at Grover Beach reopening
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Good Works: Planes of Fame announces new air museum in SM Airport
Santa Maria-based Planes of Fame Air Museum announced that over 60% of its campaign goal to develop a new Museum Campus at the Santa Maria Airport has been raised, the nonprofit said on Jan. 17. According to the 501(c)(3), it has raised $7.5 million of its $12 million goal so far. A benefactor has also Read More →
