Judge grants preliminary approval of $70M oil spill settlement
A federal judge has granted preliminary approval of a $70 million class action settlement to property owners impacted by a 2015 oil spill along the Santa Barbara coastline. U.S. District Court Judge Philip Gutierrez issued his ruling May 1, it was announced May 9. On May 19, 2015, a pipeline ruptured, spilling oil onto private Read More →
Building something special: Santa Barbara software startup focuses on public works
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HTSI aims to bring robust superconductor industry to Santa Barbara
Ray Karam is no stranger to the startup world, but his latest company — High Temperature Superconductors — is more than a startup, it is a true passion project that is beginning to make a big impact from its Santa Barbara headquarters. “It’s not as though I had to start another company. Financially, I could have retired,” Read More →
Developers eye 36 sites rezoned for housing by Santa Barbara County
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Street smarts: Santa Barbara tourism appears optimistic as summer nears
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Precision Construction Services earns prestigious Prime Contractor of the Year from SBA
San Luis Obispo-based Precision Construction Services was highlighted for yet another award on May 6, with the Small Business Administration honoring the company with the 2024 Small Business Prime Contractor of the Year for the Pacific Region of the United States. Prime Contractor of the Year is the SBA’s highest award for Federal procurement. According Read More →
Amgen shares pop 12% after excitement from obesity drug candidate
Shares of Thousand Oaks-based Amgen gained 12% on May 3, one day after the company disclosed its earnings for the first quarter of 2024 and highlighted the excitement around its weight-loss drug. During the company’s earnings call, Amgen CEO Bob Bradway commented on their obesity drug candidate, MariTide. He noted that while the company does Read More →
