SBA offers tri-county crab fishermen low-interest loans
Tri-county crab fishermen impacted by the four-month fishery closure can apply for low-interest federal disaster loans, the U.S. Small Business Administration announced on Feb. 12. The SBA is offering working capital loans of up to $2 million with a 4 percent interest rate for small businesses and 2.625 percent for nonprofits with terms up to 30 Read More →
Crude-by-rail plan spurs legal debate
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Ventura County economy underperforming
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New app helps travelers reduce carbon footprint
A new app created by a Santa Barbara travel shop owner caught my eye when I walked into Vita Travel on Feb. 5 because it seems like the perfect app for eco-conscious Millennial travelers. Greg Bellowe created VitaExplorer as a way to force people to think about their impact on the environment when they travel. Read More →
Central banks losing ability to steer global economies
Upheaval in the global markets in recent months may be signaling that the era of the all-powerful central bank may be coming to an end. Evidence is mounting that central bank moves are having less and less of the desired impact on regional economies. For Exhibit A we turn to the People’s Bank of China, Read More →
Oxnard food processor closing, tri-county farm workers laid off
Oxnard-based food processing company Coastal Green Vegetable Co. is closing after 27 years in business. Coastal Green contracts with growers of cauliflower, broccoli, peppers, kale, spinach and other produce, freezes the food and sends it to repackagers. Increasing costs have slimmed margins, President and General Manager James Pickworth said. About 34 full-time employees and 100 Read More →
Compass manager sued by Coldwell Banker over ‘secrets’
Coldwell Banker is suing a former employee for allegedly stealing the company’s trade secrets. The residential real estate brokerage company is going after John Nisbet, who left Coldwell Banker’s Santa Barbara office to work for the rapidly expanding residential real estate firm Compass. Coldwell Banker is accusing Nisbet of stealing confidential data, including market data, Read More →
