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Region’s unemployment rate drops below 5%

By   /  Friday, October 22nd, 2021  /  Central Coast, East Ventura County, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s unemployment rate drops below 5%

The unemployment rate in the tri-county region dropped nearly a full percentage point between August and September, to reach its lowest level since before the COVID-19 pandemic began. The combined unemployment rate of Ventura, Santa Barbara and San Luis Obispo counties was just under 5% in September, down from 5.9% in August, according to a Read More →

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MannKind shares drop 18% after FDA says it will pass on new blood pressure drug

By   /  Monday, October 18th, 2021  /  Banking & Finance, Biotech, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Shares of Westlake Village-based MannKind Corp. dropped 18% on Oct. 18, after the U.S. Food and Drug Administration did not approve a hypertension treatment the company is developing with United Therapeutics. In a complete letter response, the FDA declined to approve a new drug application for Tyvasio DPI, a treatment being developed by MannKind and Read More →

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Latest

Alisal Fire now 41% contained, Highway 101 reopened

By   /  Friday, October 15th, 2021  /  Central Coast, Latest news, left, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Alisal Fire now 41% contained, Highway 101 reopened

Firefighters got the upper hand Thursday on the Alisal Fire in Santa Barbara County, and on Friday morning Highway 101 was fully open between Goleta and Buellton after a three-day closure. The fire started Monday afternoon in Refugio Canyon, a few miles north of Refugio State Beach. By Friday morning, it was 41% contained, according Read More →

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Fire closes Highway 101 near Goleta

By   /  Wednesday, October 13th, 2021  /  Central Coast, Latest news, left, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Fire closes Highway 101 near Goleta

Highway 101 remained closed Wednesday morning at its midpoint in Santa Barbara County as a wildfire that started Oct. 11 continued to burn through the hills northwest of Goleta. The Alisal Fire jumped Highway 101 along the Gaviota coast on Oct. 12 and sent smoke and ash into downtown Santa Barbara and even Ventura County. Read More →

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Latest

Olaplex with ‘strong performance’ after IPO

By   /  Friday, October 8th, 2021  /  Banking & Finance, Latest news, left, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Olaplex with ‘strong performance’ after IPO

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Amgen invests $100M in startup pursuing brain treatments

By   /  Thursday, October 7th, 2021  /  Banking & Finance, Biotech, Central Coast Health Watch, East Ventura County, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen invests $100M in startup pursuing brain treatments

An Amgen-funded biotech company launched Oct. 7, announcing a strategic partnership between the two companies that includes $100 million in funding and global rights to develop and sell some of Amgen’s experimental drugs for neurodegenerative diseases. Thousand Oaks-based Amgen, one of the largest biotech companies in the world, committed $100 million in equity investment to Read More →

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Central Coast wins its first three Michelin stars

By   /  Tuesday, September 28th, 2021  /  Latest news, left, Restaurants, Top Stories, Wine & Viticulture  /  No Comments

Ricky Odbert spent the first part of his culinary career working in fine dining in San Francisco, restaurants where the all-consuming obsession was to earn one or more stars in the Michelin Guide. He never quite got there — for four years, he was sous chef at a one-star restaurant, and leaving without getting a Read More →

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