Stop-and-start reopening starts again
Restaurants are open outdoors again, as California is back under the county-by-county tiered reopening system after more than a month under a stay-at-home order that split the state into five regions. Ventura, Santa Barbara and San Luis Obispo counties are all again in the state’s purple tier, the most restrictive one, as cases in the Read More →
Teledyne earnings report shows best-ever performance in 2020
Teledyne Technologies beat analysts’ expectations when it announced its fourth quarter results Jan. 27, with a slight decrease in revenue but a bump in net income compared to the same quarter a year earlier. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported earnings per share of $3.48 for the fourth quarter of 2020, up Read More →
Obituary: PennyMac founder Stanford Kurland
EDITOR’S NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. Stanford Kurland made a fortune from his first foray into mortgage banking, and his timely exit from Countrywide Financial came just before the housing bubble burst. His second foray made him even richer, but it also Read More →
California lifts stay-home orders as ICU capacity grows; COVID remains “widespread” in region
California Gov. Gavin Newsom lifted the state’s regional stay-home orders Monday morning, paving the way for the return of outdoor restaurants service and a few other business activities. Ventura, Santa Barbara and San Luis Obispo counties are now back in the “purple” or “widespread” tier of the state’s color-coded pandemic regulations—the most restrictive level, but Read More →
Wall Street loves AeroVironment’s latest acquisition
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Community choice aggregator brings new energy option to Santa Barbara County
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Unemployment in region, state rose in December as pandemic worsened
The tri-county region’s combined unemployment rate shot up from 6% in November to 7.4% in December as a wave of COVID-19 cases brought the most widespread business closures since the spring. The rest of the state suffered a similar fate, with California’s unemployment rate going from 8.1% in November to 9% in December, according to Read More →
