March 16, 2024
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Flood of IPOs has slowed to a trickle in 2022

By   /  Thursday, June 2nd, 2022  /  Latest news, left, Regions, San Luis Obispo County, Santa Barbara County, Technology, Top Stories, Ventura County  /  Comments Off on Flood of IPOs has slowed to a trickle in 2022

After reaching new heights in 2021, including a $150 million capital raise that closed in July and surpassing $100 million in annual recurring revenue, Santa Barbara-based Impact Technologies was preparing to go public in 2022. But, with rising inflation and interest rates decimating the stock market, the IPO money that was available in 2021 has Read More →

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Dayspring sentenced to 22 months for bribing county supervisor for cannabis permits

By   /  Tuesday, May 31st, 2022  /  Government, Latest news, left, Regions, San Luis Obispo County  /  Comments Off on Dayspring sentenced to 22 months for bribing county supervisor for cannabis permits

The cannabis grower who bribed a San Luis Obispo County supervisor has been sentenced to 22 months in federal prison. Helios Dayspring, who also goes by “Bobby,” was sentenced on May 27 by U.S. District Judge André Birotte Jr. in his Los Angeles courtroom. Dayspring has also paid $3.4 million to the IRS as restitution Read More →

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Arroyo Grande developer charged with obtaining $1.5M in fraudulent pandemic relief loans

By   /  Thursday, May 26th, 2022  /  Latest news, Law & Goverment, Regions, San Luis Obispo County, Top Stories  /  Comments Off on Arroyo Grande developer charged with obtaining $1.5M in fraudulent pandemic relief loans

A real estate broker and developer from Arroyo Grande was in federal court May 26 on charges that he stole the identifies of employees and business associates to obtain more than $1.5 million in fraudulent pandemic relief loans. Alfred Nevis, 52, has been charged with wire fraud, aggravated identity theft and money laundering. He made Read More →

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Gender pay gap has faded away among region’s younger workers

By   /  Thursday, May 26th, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Top Stories, Top Story, Ventura County, Women Inc.  /  Comments Off on Gender pay gap has faded away among region’s younger workers

Historically, women in America have earned lower average wages than men. But according to a recent study by the Pew Research Center, the wage gap among people under 30 has significantly narrowed in some areas, including the entire tri-county region. Recent Pew analysis of the 2019 American Community Survey, an annual Census Bureau program and Read More →

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Region’s unemployment at record low

By   /  Friday, May 20th, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Top Stories, Ventura County  /  Comments Off on Region’s unemployment at record low

The tri-county region’s unemployment rate dipped below 3% in April for the first time on record, as unemployment across the state continued its long post-pandemic decline. Ventura, Santa Barbara and San Luis Obispo counties had a combined unemployment rate of 2.9%, down from 3.4% the month before and 6.5% a year earlier, according to data Read More →

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Real Estate: Ground lease at AppFolio campus sells for $13.9M

By   /  Tuesday, May 17th, 2022  /  Columns, Latest news, Real Estate, Regions, San Luis Obispo County, Santa Barbara County, Subscriber content, Ventura County  /  Comments Off on Real Estate: Ground lease at AppFolio campus sells for $13.9M

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Glass House to buy dispensaries linked to SLO County bribery scandal

By   /  Friday, May 13th, 2022  /  Latest news, left, Regions, San Luis Obispo County, Santa Barbara County, Top Stories  /  Comments Off on Glass House to buy dispensaries linked to SLO County bribery scandal

NOTE: This article was posted May 13 and updated May 17 to add comments from Graham Farrar of Glass House Brands and from the city manager of Grover Beach. Carpinteria-based cannabis company Glass House Brands is buying three dispensaries from Natural Healing Centers, the company at the center of a bribery scandal in San Luis Read More →