Opinion: Why investors fell in love with SPACs — and how the bubble burst
By Daniele D’Alvia, Queen Mary University of London What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent deal-making fad: special purpose acquisition companies (SPACs). SPACs are shell companies that are floated on the stock market with one purpose: to buy another company. This Read More →
Opinion: CRT in schools debate generates more heat than light
By Steven Mintz The teaching of critical race theory in public schools is a hot topic and raises the question of whether it should be taught in our schools. What is it trying to accomplish? Supporters say it teaches K-12 students about equality and inequities in society. Critics claim it is teaching students that America Read More →
Oxnard powers up with region’s biggest battery facility
One of the largest energy storage facilities in the United States was unveiled to the public on June 29, as Oxnard and Ventura County residents, politicians, and business leaders gathered to see the 100-megawatt battery storage system in action. The facility, the Saticoy Energy Storage Site, works by capturing energy during the day when the Read More →
RISE, Stand Strong Merge
Two San Luis Obispo County sexual assault and domestic violence organizations are merging. RISE and Stand Strong announced July 1 that they’re merging, with the new name and logo to be announced on July 14. The new organization’s leadership team will include people from both non-profits, including Jennifer Adams, the former executive director of Stand Read More →
AeroVironment shares drop after earnings report
AeroVironment, a drone and robotics company with its chief operations in Simi Valley, delivered record revenue in the fourth quarter and full year of 2021, according to earnings released June 29, but a couple of key losses led to a year-to-year earnings drop. In the fourth quarter of its 2021 fiscal year, AeroVironment posted a Read More →
Latino Business Awards honorees announced; LBA celebrates 10th anniversary
This year the Business Times is happy to announce our 10th annual Latino Business Awards winners. The 10-year anniversary special report print and digital editions published June 21. Celebrate this year’s award winners at our Latino Business Awards signature special events, recognizing Latino business leaders in dynamic industries, such as banking and finance, health care, nonprofits and Read More →
United Dropping Two Santa Maria Routes
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