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Tri-county tourism, hospitality hurting but region suited for recovery

By   /  Friday, April 17th, 2020  /  Banking Industry, Central Coast, Destinations, Education, Latest news, Restaurants, Small Business, South Coast, Tourism, Tri-County Economy, Wine & Viticulture, Women Inc.  /  Comments Off on Tri-county tourism, hospitality hurting but region suited for recovery

Keeping the economy closed has saved lives, but it has hurt and will continue to hurt tri-county residents in the pocketbook. A webinar put on by UC Santa Barbara on April 16 probed the different ways the community’s businesses were hurting and panelists talked about solutions to help ease the pain. “I think we can Read More →

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More questions than answers as PPP runs out of loan funds

By   /  Friday, April 17th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Law, Small Business, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on More questions than answers as PPP runs out of loan funds

Questions remain as the Small Business Administration ran out of funding for the Payroll Protection Program on April 16. The fund started with $349 billion, which was quickly loaned out to businesses across the nation — but not to everyone at the same time. Independent contractors and self-employed people were able to apply for the Read More →

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Market gains but most tri-county stocks fall

By   /  Thursday, April 16th, 2020  /  Biotech, Earnings, East Ventura County, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Market gains but most tri-county stocks fall

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MannKind getting $5M loan to avoid layoffs and tackle COVID-19

By   /  Thursday, April 16th, 2020  /  Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MannKind getting $5M loan to avoid layoffs and tackle COVID-19

Westlake Village-based MannKind said it expects $4.9 million in federal forgivable loan relief, among other financial measures that will help it avoid furloughs and layoffs as it pursues potential therapies for the COVID-19 pandemic. The company is currently exploring four potential anti-infective and antiviral therapies, said CEO Michael Castagna.  “These are high risk areas and Read More →

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Most tri-county stocks gain as market rises

By   /  Tuesday, April 14th, 2020  /  Biotech, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Most tri-county stocks gain as market rises

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Teledyne, Interlink making tech to fight COVID-19

By   /  Tuesday, April 14th, 2020  /  Biotech, Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  Comments Off on Teledyne, Interlink making tech to fight COVID-19

Tri-county firms Teledyne and Interlink Electronics joined the list of regional suppliers of technology to respond to the COVID-19 epidemic.  Teledyne DALSA, a subsidiary of Thousand Oaks-based Teledyne’s imaging division, released a new line of long wave infrared cameras to provide contact-free skin temperature and fever detection.  “Its small form factor and architecture allows integrators Read More →

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Community Bank of Santa Maria reports first quarter increases

By   /  Monday, April 13th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Community Bank of Santa Maria reports first quarter increases

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