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By pacbiztimes / Thursday, December 3rd, 2020 / Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, Restaurants, South Coast, Tri-County Economy, West Ventura County / Comments Off on New state order could close restaurants, other businesses if ICUs fill up
California Gov. Gavin Newsom announced a revised stay-at-home order on Dec. 3 that is tied to each region of the state’s intensive care capacity. In areas where the ICU capacity falls below 15%, a stay-at-home order will be implemented for three weeks. Under this new order, the state is broken into five regions, with Ventura, Read More →
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By Henry Dubroff / Monday, November 23rd, 2020 / Banking & Finance, Banking Industry, Central Coast, East Ventura County, Latest news, Nonprofits, South Coast, Tri-County Economy, West Ventura County, Women Inc. / Comments Off on Montecito Bank & Trust hands out nearly $1.2M in charitable grants
Montecito Bank & Trust upped the ante for the 2020 round of its corporate philanthropy, giving away $1.175 million at its 18th annual Community Dividends program on Nov. 23. The program was presented virtually on Zoom, and around 350 people participated from 194 organizations in Santa Barbara and Ventura counties. The program was the creation Read More →
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By Tony Biasotti / Friday, November 20th, 2020 / Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County / Comments Off on Tri-county unemployment down to 6.8% in October
The unemployment rate dropped by a full percentage point or more in each of the region’s three counties between September and October, according to data released Nov. 20 by the California Unemployment Development Department. Ventura County’s unemployment rate in October was 7.1%, down from 8.3% the previous month. In Santa Barbara County, the rate was Read More →
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By pacbiztimes / Thursday, November 19th, 2020 / Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, South Coast, Tri-County Economy, West Ventura County / Comments Off on Newsom issues COVID curfew for most of state
Gov. Gavin Newsom and the California Department of Public Health announced a limited “stay-at-home order” requiring all non-essential work, travel and gatherings to stop between 10 p.m. and 5 a.m. for the vast majority of the state’s population. The curfew order applies to all counties in California that are in the most restrictive, or purple, Read More →
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By pacbiztimes / Monday, November 16th, 2020 / Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, Restaurants, Small Business, South Coast, Tri-County Economy, West Ventura County / Comments Off on As COVID cases rise, region takes step back on road to re-opening
The entire tri-county region is going back into the most restrictive tier of California’s pandemic reopening system, as a rise in cases across the state forced Gov. Gavin Newsom to take emergency action. Under the state’s rules, all three counties would have re-entered the purple tier on Nov. 24, the Tuesday before Thanksgiving, if case Read More →
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By Jorge Mercado / Wednesday, November 4th, 2020 / Agribusiness, Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Top Story, Tri-County Economy, West Ventura County / Comments Off on Ventura County voters say yes to cannabis in early returns
Preliminary election results looks like Ventura County has been given the green light for cannabis production.
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By pacbiztimes / Friday, October 30th, 2020 / Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Mission Bancorp reports growth in earnings, revenue, deposits
Mission Bancorp, which has business banking offices in Ventura and San Luis Obispo, set a new all-time record for net income when it announced its third quarter financial results. The bank reported a net income of $4.2 million, or $2.07 per basic common share, compared to the net income of $3.7 million, or $1.85 per Read More →