Hardy Diagnostics distributing rapid test for coronavirus
Santa Maria-based Hardy Diagnostics is distributing a rapid test for coronavirus. Hardy said the test takes 15 minutes, doesn’t need to be processed by a lab, and it has clear, easy-to-read results. The test can use either a blood, serum or plasma sample, a departure from current testing methods which use swabs from where the Read More →
Tri-county stocks bounce back as market soars
The Dow Jones Industrial Average surged at historic rates March 24, as pressure came down from President Donald Trump on Congress to pass a fiscal stimulus bill and regulators to reopen businesses by Easter. Tri-county public companies rebounded 9.4 percent from the past week’s declines, including a 68 percent jump for Goleta breast implant supplier Read More →
Amgen, WEV step up with pledge and online resources
Regional organizations have jumped into action to support communities affected by the global health crisis. Thousand Oaks biotech giant Amgen pledged up to $12.5 million to support emergency response efforts for the coronavirus pandemic, including operations by Goleta-based Direct Relief and the Los Angeles humanitarian nonprofit International Medical Corps. “The COVID-19 pandemic is precipitating a Read More →
Tri-county stocks mixed as stimulus package stalls
A 3 percent drop in U.S. equities markets hit smaller stocks in the Tri-Counties on March 23, as a stimulus package to combat the economic fallout of the coronavirus failed for a second time to gain legislative approval. The region’s companies had mixed results, with gains for eight out of the 10 largest firms. Goleta Read More →
CLU economists predict downturn worse than Great Recession
California Lutheran University’s economic forecast group is warning that policymakers have limited options to head off a downturn that could be worse than the Great Recession. In an update to recent forecasts, the Center for Economic Research & Forecasting warns that massive stimulus efforts may not help speed a recovery if “countless numbers of small Read More →
T.O. industrial building sold for biotech lab redevelopment
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SB County response effort to provide $1 million in assistance
The COVID-19 Joint Response Effort for Santa Barbara County announced March 19 that it will provide more than $1 million in assistance to individuals and families as well as organizations actively assisting members of the community affected by the COVID-19 pandemic. The Santa Barbara Foundation, United Way of Santa Barbara County and the Hutton Parker Read More →
