Real Estate: Hayes looks back on a year of pandemic; Las Posas Country Club sold
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Amgen shares slip after projections of flat 2021 sales
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Opinion: To fix the region’s housing shortages, look to parking and racism
By Roy Prince Are we going to make the hard policy choices to create more housing, or will we continue to allow systemic racism, stodgy planning policy, and outdated zoning to kill sorely needed housing options for our communities? What are the root causes of housing and homelessness in our community, and more importantly, what Read More →
Our View: The ancient origins of the South Coast economy
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PennyMac reports earnings jump, tops $2B in income in 2020
PennyMac Financial Services hit a record high with pretax income of more than $2 billion last year as the company saw a sharp increase in both its fourth quarter and year-end results. The Westlake Village-based mortgage firm reported a net income of $452.8 million for the fourth quarter of 2020, or $5.97 per share on Read More →
Facebook to give UCSB $1.5M to study data centers
Facebook will give $1.5 million to UC Santa Barbara’s Institute for Energy Efficiency to fund research into energy-efficient data centers and artificial intelligence, UCSB announced Feb. 4. The institute will use the three-year grant to “investigate advanced energy-efficient data center infrastructure, including low-power optical interconnects for computer networks and machine learning with reduced carbon footprint,” Read More →