Central Coast’s talent will help shape the aerospace industry
The Central Coast’s economy is mostly reliant on tourism. But with its strong ties to the aerospace industry, one day, that same economy could be linked directly to the advancements in space travel, space technologies, etc. That is the main reason hundreds of locals gathered inside the Cabrillo Pavilion on Oct. 15 to listen to Read More →
Chipotle to pay $246k fine for alleged gift card violations
Chipotle Mexican Grill, Inc., with 499 locations in California, will pay $246,000 in civil penalties, restitution, and costs to resolve allegations of violating the state’s gift card redemption law, the Ventura County District Attorney’s Office announced Oct. 23. “California law ensures that consumers can keep every dollar that is rightfully theirs,” District Attorney Erik Nasarenko Read More →
Sable’s troubled project, sagging stock gets federal boost
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Teledyne highlights record revenue, non-GAAP earnings in Q3
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Santa Barbara AI firm raises $21M in Series A
Santa Barbara’s influence in the AI/Quantum landscape will stay in the headlines at least one more week after ChipAgents, a Goleta-based AI chip design company, announced it has raised $21 million in an oversubscribed Series A funding round. Announced Oct. 22, ChipAgents has raised $24 million since being founded in 2024 by UC Santa Barbara Read More →
Community West Bank announces earnings
Community West Bank, which has nine officers throughout the Central Coast, announced it generated $10.8 million for the quarter ended Sept. 30, an increase from $3.3 million in the same quarter a year ago. Gross loans increased by $51.8 million or 2.16% for the quarter ended Sept. 30 compared to the quarter ended June 30. Read More →
CalPrivate Bank announces third quarter earnings
Private Bancorp of America and CalPrivate Bank, which has one location in Montecito, announced its financial results for the third quarter of 2025 on Sept. 30. Announced Oct. 18, the bank reported net income of $9.7 million, or $1.65 per diluted share, for the third quarter of 2025, compared to $9.5 million, or $1.63 per Read More →
