Community Bancorp of Santa Maria saw its net income decline from the first quarter of 2020 to the first quarter of 2021, even though other financial measures soared year-over-year. The bank’s net income declined 7.2%, going from $609,521 to $565,683 in a year’s time, but during the same time total assets grew almost 37%, the Read More →
Caltrans announced that Highway 1 at in Big Sur is reopening April 23 at noon, even sooner than the agency had previously expected. The new opening is a week ahead of what was previously announced, and months ahead of what the agency originally estimated. Pacific Coast Highway has been fully closed near Rat Creek, north Read More →
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Two of the Central Coast’s biggest and oldest breweries announced a deal April 15 in which Firestone Walker will buy the Cali-Squeeze brand from SLO Brewing Co. No details were disclosed about the transaction, except that it is expected to close by July 1, according to a news release from SLO Brewing. Cali-Squeeze is a Read More →
Unemployment in the tri-county region dropped to 6.4% in March, the second lowest rate since the pandemic began, according to Business Times analysis of data released by the California Employment Development Department on April 16. The regional and state job markets improved as COVID-19 declined from their January high mark. The tri-county unemployment rate was Read More →
Santa Barbara rolled out the red, yellow and blue balloons as Southwest Airlines made its Central Coast debut on April 12. The Dallas, Texas-based airline’s brightly painted Boeing 737 aircraft arrived on time or even a few minutes early from Oakland and Denver to start what is expected to be a busy season for Santa Read More →
Changing state regulations, lower transmission rates and a strong push towards vaccinations helped Ventura County become the first county in the tri-county region to reach the orange tier of California’s COVID-19 reopening system. The state announced new regulations on April 6 as it hit its second statewide vaccine equity metric goal, which was designed to Read More →