Economic summit in Santa Maria focuses on challenges
Sacramento Bee journalist Dan Walters told a crowd of more than 300 people on Friday that liberals need to stop fretting over Donald Trump and realize that most of the problems choking California existed before 2017. “California has a lot of issues that need to be resolved,” Walters said at the UC Santa Barbara North Read More →
UCSB chancellor backs call to divest from fossil fuel companies
After a four-day sit-in, UC Santa Barbara students won the endorsement of Chancellor Henry Yang on the divestiture of the University of California’s $2.8 billion in its endowment from fossil fuel companies. Margaret Klawunn, vice president of student affairs, delivered the statement May 11 on behalf of the chancellor at Cheadle Hall, where around 400 Read More →
The Trade Desk reports $4.9 million net income for first quarter
The Trade Desk reported $4.9 million in net income for its first quarter ended March 31 and announced that it has secured a $200 million line of credit. Revenues for the Ventura-based advertising platform increased more than 75 percent over the first quarter of 2016, reaching $53.4 million. Operating expenses almost doubled, from $27 million Read More →
Cottage Health-Sansum Clinic merger proposal withdrawn
Story updated at 5:20 p.m. May 11: The proposed merger between Cottage Health and Sansum Clinic is dead. Both parties agreed to withdraw the application after nearly four years of awaiting approval from the Federal Trade Commission. “As we approach the four-year mark, we have decided together to withdraw the proposal so we can better Read More →
Discovery Museum adds Space Shuttle exhibit
The Santa Maria Valley Discovery Museum unveiled its newest exhibit on May 10, a Space Shuttle created in partnership with the 30th Space Wing at Vandenberg Air Force Base. The interactive exhibit simulates rocket launches with audio recordings from NASA’s Space Shuttle Discovery. A hands-on launch sequence and video feed from the base highlight science, Read More →
Soraa’s Sky bulb wins LED lamp innovation award
Soraa’s Sky bulb won the top award for innovation in the LED lamp category at the Lightfair International 2017 in Philadelphia on May 10. The Sky bulb, previously called Helia, automatically adjusts color according to the body’s natural circadian rhythms, the Santa Barbara company said in a news release, using blue light in the morning Read More →
Resonant’s revenue up but net losses grow
Goleta-based Resonant quadrupled its first quarter revenue compared to the first quarter of 2016, but net losses increased 58 percent to $4.9 million or 37 cents per share. The mobile device filter designer reported $156,000 in revenues, up from $27,000 for the same period last year, but operating expenses grew from $3.1 million to nearly Read More →
