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Goleta’s Frinj takes coffee off state’s crop fringe and up to new levels

By   /  Sunday, December 6th, 2020  /  Agribusiness, Latest news, Small Business, South Coast, Subscriber content, Tri-County Economy  /  Comments Off on Goleta’s Frinj takes coffee off state’s crop fringe and up to new levels

Coffee, South Coast’s newest emerging agribusiness; Goleta bean grower boosts state’s once-fringe crop, while shaking up traditional practices by shortening supply chain and bringing greater return to farmers.

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Latest

New state order could close restaurants, other businesses if ICUs fill up

By   /  Thursday, December 3rd, 2020  /  Central Coast, Central Coast Health Watch, East Ventura County, Latest news, Law, 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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QAD reports slight revenue dip, big earnings jump

By   /  Tuesday, November 24th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD reports slight revenue dip, big earnings jump

Profits at Santa Barbara-based software firm QAD hit $3.2 million in the third quarter of 2020, up from $125,000 in the same quarter of 2019, the company announced Nov. 24. QAD had earnings of 16 cents per share, up from just 1 cent per share a year earlier. “We made significant progress toward our long-term Read More →

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Montecito Bank & Trust hands out nearly $1.2M in charitable grants

By   /  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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Latest

Tri-county unemployment down to 6.8% in October

By   /  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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Latest

Newsom issues COVID curfew for most of state

By   /  Thursday, November 19th, 2020  /  Central Coast, Central Coast Health Watch, East Ventura County, Latest news, Law, 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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As COVID cases rise, region takes step back on road to re-opening

By   /  Monday, November 16th, 2020  /  Central Coast, Central Coast Health Watch, East Ventura County, Latest news, Law, 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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