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 →
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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