Small speaker is a big move for Sonos
The newest speaker from Sonos, Roam, made its debut April 20 and has the potential to help the Santa Barbara smart-speaker company grow in 2021 and beyond. Roam is Sonos’ first attempt into breaking into the portable Bluetooth speaker market, a market that is expected to see an annual growth rate of 11.71% from 2019 Read More →
Business Times Hall of Fame: UCSB Chancellor Henry Yang
Editor’s note: Henry Yang, the chancellor of UC Santa Barbara since 1994, is this year’s entry into the Pacific Coast Business Times tri-county business Hall of Fame. He will be honored in a virtual event on May 20. Register for the event here and check out the entire Hall of Fame special section here. He’s Read More →
Opinion: Doors are open at Ventura County hotels
By Victor Dollar After more than a year of restrictions, California’s tourism sector reopens for small gatherings, meetings and events this month — the first step on the state’s journey to economic recovery. Gov. Gavin Newsom’s “Blueprint for a Safer Economy” and “Beyond the Blueprint for a Safer Economy” lays out the COVID-19 safety requirements Read More →
UC, CSU campuses plan to require COVID-19 vaccinations in fall
UC Santa Barbara, Cal Poly San Luis Obispo, CSU Channel Islands and the other 30 public four-year universities in California will require students and employees to be vaccinated against COVID-19 before they return to campus in the fall, the University of California and California State University systems announced April 22. The requirement will only go Read More →
Dispute between Biltmore hotel, furloughed employees headed to mediation
At the end of the month, the executives and furloughed employees from Four Seasons Resort The Biltmore Santa Barbara will sit down for a mediation, the latest step in a conflict between the two parties over whether the workers are owed severance from the Biltmore’s closure. The hotel closed in March 2020 and has remained Read More →
Citizens Business bank reports income jump
Citizens Business Bank saw its net income rise more than 30% in the first quarter of 2021 as it blew past analysts’ estimates. The Ontario-based bank, which has five branches in the tri-county region, recorded a net income of $50.1 million, or 47 cents per diluted share, compared to $38 million, or 27 cents per Read More →
Pacific Western Bank reports earnings recovery in first quarter
PacWest Bancorp saw its net income soar a year after a devastating low. The parent company of Pacific Western Bank, which is based in Los Angeles and has 15 branches in the Tri-Counties, reported net income of $150 million, or $1.27 per diluted share, for the first quarter of 2021. In the first quarter of Read More →
