Cottage Health receives largest donation to create new center
Health Care & Life Science, Latest news, Top Stories, Top StoryThe Santa Barbara Cottage Health Foundation received a $50 million donation, the single largest gift in Cottage’s 135-year history, from philanthropists Mary and Richard Compton, the hospital recently announced on Aug. 22. In total, the Comptons have donated $65 million to support medical excellence and innovation at Cottage Health. The couple, who live in Santa Read More →
Embracing new possibilities: Ventura tourism sees X Games boost, SB and SLO counties see positive trends
Central Coast, Latest news, middle, Subscriber content, Tourism, Tri-County EconomySummer is a time of great expectations for the tri-counties. As people look to venture out and do things near the beach, near the mountains and anything else in between, the Central Coast has three counties that can fulfill those needs. While it might have been a late start for some, all saw some big Read More →
UPDATE: Direct Relief provides aid to Hawaii in response to deadly wildfires
Latest news, middleIn the week following the Maui wildfires that destroyed thousands of structures and killed more than 100 people as of Aug. 16, Santa Barbara-based Direct Relief has provided immediate support to help the locals recover from the deadliest natural disaster in Hawaii’s history. Direct Relief’s first large shipment of medical supplies arrived on Aug. 12 Read More →
AppFolio lays off 9% of workforce in second round of 2023 cuts
Latest news, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public CompaniesAppFolio CEO Shane Trigg announced that the company would be firing 9% of its workforce, or 149 employees, effectively immediately, he wrote in a letter sent out to employees on Aug. 17. The letter, filed with the U.S. Securities and Exchanges Commission, said the company’s lack of profitability hurt “our ability to achieve our potential.” Read More →
24 tri-county companies earn a spot on national fastest-growing companies list
Latest news, Subscriber content, Top Stories, Top Story, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Transphorm reports slightly higher revenue in first quarter
Earnings, Latest news, Tri-County Public CompaniesGoleta-based Transphorm reported its first-quarter earnings after the markets closed on Aug. 14, noting a slight raise in revenue. Transphorm, a supplier of gallium nitride power conversion products, generated $5.9 million in revenue in the first quarter up from $5.2 million in the same quarter a year ago. Moreover, the company’s net loss was $7.4 Read More →
Pearce Renewables acquires leading solar engineer
Energy, Latest news, Tri-County EconomyPaso Robles-based Pearce Renewables, a subsidiary of Pearce Services, has acquired Natron Resources, a leading provider of design and engineering services for solar photovoltaic (PV) and energy storage systems, the company announced in an Aug. 14 press release. The company did not disclose the financials of the acquisition. Pearce Renewables is the largest independent services Read More →
