Demand for office space shifts from big spaces to small spaces
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Minimum wage hike ‘cataclysmic’ for tri-county restaurants
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Insufficient housing supply chases employers away
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Port of Hueneme getting funds from Army Corps of Engineers
Updated at 4 p.m. May 26: The Port of Hueneme will receive $778,000 from the Army Corps of Engineers, the first of the port funds it became eligible to receive with the passing of the Water Infrastructure Improvement for the Nation Act in December. The port was previously ineligible to receive money for maintenance from Read More →
Manufacturing software provider QAD reports net loss
Santa Barbara-based manufacturing software provider QAD reported a $2.6 million net loss for the fiscal first quarter 2018, ended April 30. Revenues grew 9.1 percent compared to the same period the previous year to $71.4 million, despite a $1.2 million impact from currency. This was primarily driven by a 34 percent increase in subscription revenue Read More →
Deckers Brands’ losses grow as footwear sales decline
Updated at 4:20 p.m. May 26: Deckers Brands shares jumped more than 18.8 percent to $67.21 on May 26 following an earnings announcement that beat analyst expectations and continued to climb in after-hours trading. Deckers reported a net loss of $15.76 million for its fourth quarter, bringing it to a net loss of $12.7 million Read More →
Cryptix wins top prize at UCSB New Venture Competition
Ticketing platform software company Cryptix took home the $10,000 top prize at the UC Santa Barbara New Venture Competition on May 24. Hosted by the school’s Technology Management Program, the competition is the origin of such Santa Barbara companies as Inogen, Apeel Sciences, TrackR, Salty Girl Seafood and others. All of the participants walked away Read More →
