Tri-county stocks end week with mixed results
Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak. Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →
Plains oil spill settlement to fund Gaviota restoration
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MannKind adapting technology for coronavirus
Westlake Village-based MannKind became the latest company to turn its efforts toward treating the COVID-19 pandemic, with the announcement of a collaboration with a Los Angeles firm that aims to adapt its inhalable drug delivery technology to combat the respiratory infection. The company best known for its inhalable insulin product Afrezza said it would reorient Read More →
Mintz: Personal responsibility and the coronavirus
By Steven Mintz As the number of COVID-19 cases continue to grow and the death toll mounts, we should use our experiences so far to evaluate our personal responsibilities to each other and whether the government has met its burden in handling the crisis. Why does this matter? Our society depends on communal efforts to Read More →
Garufis: Reflections on leadership
By Janet Garufis This week, Pacific Coast Business Times is celebrating 20 years in business. When most newspapers are facing existential moments, the PCBT thrives, bringing the business community essential news and reporting for the Central Coast. Congratulations to Henry and Linda and the team on your success. And on March 17, Montecito Bank & Read More →
Our view: Communication is key to managing epidemic
A test of digital leadership. That’s how retired Gen. Stanley McChrystal described the challenge of managing an enterprise during the coronavirus pandemic. And that was a comment that struck home as we imagine dozens of business owners, used to holding court or huddling with employees now hunkered down in their home offices trying to navigate Read More →
Dubroff: Assessing the impact on tri-county economy
It might be the understatement of the new decade to say that the economics of coronavirus are not well understood. That doesn’t help the hundreds of hotel and restaurant workers who’ve been laid off during a crisis that Acme Hospitality Group leader Sherry Villanueva described as “unprecedented and still unfolding” in a note explaining why Read More →