December 2, 2022
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Federal, state authorities flag 71 bridges in tri-county region as ‘poor’

By   /  Thursday, February 10th, 2022  /  Central Coast, East Ventura County, Government, Latest news, South Coast, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Federal, state authorities flag 71 bridges in tri-county region as ‘poor’

Each day, an estimated 72,500 vehicles cross a bridge on the southbound lanes of Highway 101 over railroad tracks at the Montalvo Metrolink station in Ventura. In Santa Barbara County, bridges on the northbound and southbound lanes of Highway 101 over San Jose Creek, west of Highway 217 in Goleta, carry about 60,500 vehicles every Read More →

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Sonos shares up after Q1 earnings report

By   /  Thursday, February 10th, 2022  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos shares up after Q1 earnings report

Santa Barbara-based Sonos delivered revenue growth and beat analysts’ expectations when it announced its results for the first quarter of 2022 on Feb. 9. Sonos, a maker of audio speakers, generated record revenue in the first quarter, with sales worth $664.5 million, a 3% increase year-over-year, driven largely by strong demand in both existing and Read More →

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Our View: Santa Barbara City Council misses the point on rents, housing

By   /  Friday, February 4th, 2022  /  Editorials, Government, Latest news, Opinion, Real Estate, South Coast, Tri-County Economy  /  Comments Off on Our View: Santa Barbara City Council misses the point on rents, housing

When it comes to wasteful government spending, it’s hard to find a worse case in recent memory than the $200,000 the Santa Barbara City Council is spending to study a 2% cap on residential rents. Such a cap would be one of the most onerous in the nation. It is astonishing to think that after Read More →

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Hoka, Ugg drive Deckers to record-high revenue

By   /  Thursday, February 3rd, 2022  /  Banking & Finance, Earnings, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Hoka, Ugg drive Deckers to record-high revenue

Goleta-based Deckers Brands saw revenue increase more than 10% in the third quarter of its 2021-22 fiscal year, beating analysts’ expectations in both revenue and net income with its Feb. 3 earnings release. Deckers’ revenue hit $1.18 billion for the quarter ended Dec. 31, its largest figure ever for a single quarter, CEO David Powers Read More →

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Montecito Bank and Trust assets grew 20% in 2021

By   /  Monday, January 31st, 2022  /  Banking & Finance, Banking Industry, Latest news, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Montecito Bank and Trust assets grew 20% in 2021

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American Riviera Bank reports growth in income, loans, assets

By   /  Monday, January 31st, 2022  /  Banking & Finance, Banking Industry, Earnings, Latest news, middle, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on American Riviera Bank reports growth in income, loans, assets

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Experts talk progress, equity in artificial intelligence

By   /  Friday, January 28th, 2022  /  Latest news, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Experts talk progress, equity in artificial intelligence

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