George Leis leads CalPrivate’s expansion into region
Central Coast residents have a new banking option as CalPrivate Bank opens a new branch in Montecito led by veteran banker George Leis. Leis, who will serve as the executive vice president and market president, has a long career in Santa Barbara County, most recently serving as the president and COO of Montecito Bank & Read More →
Energy Vault faces delisting from the NYSE
Westlake Village-based Energy Vault, a global energy storage company, received a notice from the New York Stock Exchange on April 16 that the company is not in compliance with NYSE’s continued listing standards. This is because the average closing price of Energy Vault’s common stock was less than $1 over a consecutive 30-trading-day period. Shares Read More →
Occuspace raises $6M to expand capabilities
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IPO, VC market gridlock hits the region
The tariffs that have sent the stock market into a frenzy could also be hitting the companies that were hoping to go public or raise more capital in 2025. Nationally, tech firms like Klarna and Stubhub have paused their plans for an initial public offering in 2025, while locally, experts are cautioning small- to medium-sized Read More →
2025 South Coast Business & Technology honorees announced
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National, Central Coast home prices staying high
WASHINGTON, D.C – Don’t expect relief from sky high home prices on the Central Coast – or across the nation. That was one message delivered by Federal Reserve Chair Jerome Powell who spoke to a conference of business journalists on April 4. Powell said the Fed was taking a “wait and see” approach to the Read More →
