March 2, 2024
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Latest

Region’s unemployment rate rises slightly in November

By   /  Friday, December 16th, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Top Stories, Tri-County Economy, Ventura County  /  Comments Off on Region’s unemployment rate rises slightly in November

The unemployment rate in the tri-county region has ticked up steadily over the past couple of months, rising to 3.2% in November, according to data released Dec. 16 by the California Employment Development Department. San Luis Obispo County continues to post the region’s lowest unemployment rate, currently sitting at 2.8%. In Santa Barbara County, the Read More →

Latest

Apeel laying off 96 in second round of the year

By   /  Wednesday, November 30th, 2022  /  Agribusiness, Economy, Latest news, Top Stories, Top Story, Tri-County Economy, Ventura County, Workforce  /  Comments Off on Apeel laying off 96 in second round of the year

Goleta-based Apeel Sciences will lay off a large portion of its workforce, mainly in the Santa Barbara County area, in its second major round of layoffs this year, the company has disclosed. Apeel will lay off a total of 96 employees from its Goleta office, according to a company filing with the state of California.  Read More →

Latest

Trade Desk EPS grew, but stocks still fell

By   /  Friday, November 11th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies, Ventura County  /  Comments Off on Trade Desk EPS grew, but stocks still fell

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Business groups push State Street improvement

By   /  Thursday, November 10th, 2022  /  Latest news, Santa Barbara County, Small Business, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Business groups push State Street improvement

Two influential Santa Barbara business organizations are proposing an improvement district for the city’s ailing downtown area, but some business owners have expressed reservations. The Downtown Organization of Santa Barbara and the Santa Barbara South Coast Chamber of Commerce have proposed a Community Benefit Improvement District aimed at reversing the decline of the area, including Read More →

Latest

Community Bancorp of Santa Maria sees net income dip in second quarter

By   /  Wednesday, July 13th, 2022  /  Banking & Finance, Earnings, Latest news, Santa Barbara County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Community Bancorp of Santa Maria sees net income dip in second quarter

Community Bancorp of Santa Maria saw its net income decline 8.2% in the second quarter, as total assets and deposits increased. In a July 12 earnings statement, the bank reported net income of $1.3 million for the quarter ended June 30. In the same quarter a year earlier, Community Bank of Santa Maria reported net Read More →

Latest

Region’s unemployment rate reaches lowest level of pandemic

By   /  Friday, March 25th, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Top Stories, Tri-County Economy, Ventura County  /  Comments Off on Region’s unemployment rate reaches lowest level of pandemic

The unemployment rate in the tri-county region dropped just below 4% in February, its lowest point since before the pandemic began and down from 4.6% the previous month. The statewide unemployment rate declined, too, as the omicron wave of COVID-19 cases began to subside, dropping from 5.7% in January to 5.4% in February, according to Read More →

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Tips from region’s experts on investing in times of trouble

By   /  Friday, March 18th, 2022  /  Banking & Finance, Latest news, Personal Finance, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Tips from region’s experts on investing in times of trouble

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