Opinion: Hospitals bring big questions about our ‘grand bargain’ with nonprofits
By Bruce DeBoskey The charity “grand bargain” in the United States allows nonprofit organizations to perform charitable, religious, educational and scientific duties for the “public good,” often relieving government from performing those same functions. In return for their contribution to the public good, nonprofits are deemed tax-exempt organizations, which means they typically don’t pay income, Read More →
Opinion: Do the right thing for our veterans
By Ritch Eich It wasn’t until several years after the Vietnam War ended that Vietnam veterans who were exposed to toxic herbicides sprayed in the jungle were granted presumptive disability benefits for illnesses caused by exposure to Agent Orange. According to the Agent Orange Act of 1991, veterans who served anywhere in Vietnam from Jan. Read More →
After rapid rise, lumber prices back to 2020 levels
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Rent-a-robot: inVia finds its niche with robotics-as-a-service model
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Santa Barbara County brings back mask rule, with region’s lowest rate of new COVID cases
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Sonos delivers surprise profit, raises revenue guidance
Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30. Read More →
Sientra reports smaller loss for Q2
Sientra recorded a net loss in its most recent quarter, missing investor expectations, even as the company’s financials improved, according to financial results released Aug. 10. The Goleta-based breast implant manufacturer reported an $18.5 million loss from continuing operations in the second quarter, or 32 cents per share. The loss was a 40.7% decrease from Read More →
