Public health meets private sector with Charity Dean’s new venture
Months into the COVID-19 pandemic, Dr. Charity Dean realized a harsh reality. She was then assistant director of the California Department of Public Health, and she knew the state and nation were literally in a do-or-die situation. “As a local health officer, I learned painfully that no one is coming to save me,” Dean, who Read More →
QAD stock rises after earnings beat
QAD, a Santa Barbara-based cloud software company for the manufacturing industry, beat analysts’ expectations with its earning for the first quarter of its 2021-22 fiscal year on May 26. QAD’s net income for the quarter was $1.8 million, or 7 cents per share, compared to a loss of $410,000 in the same quarter a year Read More →
Feds, state reach agreement for Morro Bay offshore wind project
The U.S. Department of Defense gave the green light on May 25 to 3 gigawatts of offshore wind energy development off the coast of Morro Bay, culminating a years-long collaboration between state and federal regulators to advance the industry on the West Coast. U.S. Secretary of the Interior Deb Haaland and California Gov. Gavin Newsom Read More →
Invoca makes first acquisition, will push company past $100M annual revenue
Invoca, a marketing call analytics company based in Santa Barbara, announced its first acquisition May 24, the purchase of a Chicago-based call tracking and analytics company called DialogTech in a combined cash and stock deal. Terms of the deal were not disclosed. Invoca said the puts it on track to exceed $100 million in revenue Read More →
United to connect Santa Barbara and Chicago in June
United Airlines has begun taking reservations for Santa Barbara-to-Chicago service and offering some Windy City-style hot dogs to make a splash. What airport officials describe as Santa Barbara’s longest flight will kick off on June 3 with nonstop daily to O’Hare International Airport, leaving at 7 a.m., according to a May 24 news release from Read More →
Region’s unemployment dropped to 6% in April, but shrinking workforce played a part
The tri-county region’s unemployment rate dropped from 6.4% in March to 6% in April, equaling its lowest rate since the pandemic began, according to a Business Times analysis of data released May 21 by the California Employment Development Department. The drop in the unemployment rate was due in part to job growth, but a shrinking Read More →
Opinion: Source of labor shortage not so simple
By Bruce Stenslie We all know from the shared experiences of employers across a wide range of industries and business models that it’s become an enormous challenge to hire the workers needed to keep up with demand as the economy re-opens. We know too that the most commonly presumed cause for the worker shortage is Read More →
