By Sabith Khan More than 90 percent of the transfers of remittances, money sent by migrants to their home countries, take place in cash. The total estimated volume of remittances is over $700 billion per year, according to the World Bank. And much of this money is not regulated in the traditional sense because it Read More →
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The lack of serious attention to the dismal state of small business formation in California and across the nation has been one of the most disappointing aspects of the 2016 campaign. Small business gets a lot of lip service but scant real attention. Meanwhile, the number of small business failures continues to outpace new starts. Read More →
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Organizations representing more than 700 public-safety officials in Santa Barbara County have taken a stand against a ballot initiative that could eventually shut down much of the oil and gas production in the county. The Santa Barbara County Firefighters Association, the county Deputy Sheriffs Association and the Santa Barbara Police Officers Association all said Sept. Read More →
The Bank of Santa Barbara is searching for a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules. Eloy Ortega has left his position as chief executive and Joanne Funari has been appointed interim CEO while a special committee recruits a new leader.