Coast Guard says it will enforce new safety rules to prevent another deadly boat fire
The U.S. Coast Guard says it will require interconnected smoke detectors, night watch patrols and other safety measures recommended for small passenger boats after the deadly fire on board the Conception dive boat in the Santa Barbara Channel in 2019. In a Feb. 10 letter to the National Transportation Safety Board, Coast Guard Vice Admiral Read More →
UCLA opens cancer clinic in Santa Barbara
UCLA Health has opened a new cancer care clinic near Cottage Hospital in Santa Barbara. The new clinic, at 309 W. Quinto St., will expand treatment options for residents of Santa Barbara and the surrounding areas, as they will be able to get regular treatment and participate in more than 600 UCLA cancer clinical trials Read More →
Santa Barbara County approves $13.4M rent program
The Santa Barbara County Board of Supervisors has voted to use $13.4 million in federal pandemic relief funds for direct assistance to low-income renters who lost income because of COVID-19. The money was part of the stimulus bill approved in December. In Santa Barbara County, it will go toward a three-month rental subsidy up to Read More →
Sonos shares rise on earnings beat
Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021. Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →
Amgen to lay off hundreds, including in Thousand Oaks
Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2. Less than 20% of those workers are located in Thousand Oaks. Amgen employs around 22,000 Read More →
Dubroff: Today’s tech titans owe a debt to Dave Power
Big data. Brand value. Customer satisfaction. In the 21st century, these are crucial elements for success in business and they have driven the growth of the technology titans that dominate our everyday lives. But Jeff Bezos, Tim Cook, Mark Zuckerberg and countless others owe a debt to J.D. “Dave” Power, who laid out the design Read More →
Montecito Bank & Trust reports growth in assets, deposits and income
Montecito Bank & Trust saw its total assets grow more than 20% during 2020, on the back of strong loan production, deposit growth and higher net income, the bank said Feb. 5. The bank’s total assets grew $344.1 million, a boost of about 21.4% from the previous year, bringing Montecito Bank & Trust’s total assets Read More →
