Street Smarts: United Airlines magazine puts spotlight on Santa Barbara, SLO
Santa Barbara gets its 15 minutes of fame as the “Three Perfect Days” subject for the November issue of Hemispheres, the United Airlines inflight magazine. The article by UCSB alum Justin Goldman, class of 2003, features outings in the Funk Zone, the Ritz-Carlton Bacara spa, La Super-Rica, and the Rosewood Miramar. But the scene stealer Read More →
Opinion: Putting DEI principles into practice
By Cynder Sinclair Have you been hearing more and more about organizations creating a policy to address diversity, equity, and inclusion? Sometimes referred to as “DEI” and sometimes “DEIJ,” with the J signifying justice, many nonprofits and businesses are adopting such policies as part of their board governance to guide their organization. I recently met Read More →
Opinion: Turning back the Doomsday Clock means thinking about the common good
By Jamshid Damooei The Doomsday Clock is a symbol that represents the likelihood of man-made global catastrophe. It was created and maintained since 1947 by the members of the Bulletin of the Atomic Scientists, a nonprofit organization concerning science and global security issues resulting from accelerating technological advances that have negative consequences for humanity. Our Read More →
Inogen beats earnings expectations, but supply issues persist
Goleta-based Inogen was able to deliver another earnings beat on Nov. 4 behind positive financial results for the third quarter of fiscal year 2021, but supply chain constraints continue to hinder the company’s potential. Inogen, a medical device company that manufactures and supplies portable oxygen containers, saw its net income and revenue increase year-over-year for Read More →
New owners have plans to transform Nordstrom building in downtown Santa Barbara
Three out-of-area firms have acquired the now-vacant building formerly occupied by Nordstrom in downtown Santa Barbara, the companies announced Nov. 4. Shopoff Realty Investments and Praelium Commercial Real Estate, both based in Orange County, bought the property in partnership with an affiliate of New York City-based Dune Real Estate Partners. Shopoff Realty Investments representatives declined Read More →
Our View: New mayor could herald changes in Santa Barbara
With preliminary results from the Nov. 2 election available as this issue of the Business Times went to press, former City Council member and retired restaurant owner Randy Rowse appeared headed for victory in the closely watched Santa Barbara mayor’s race. The early results had Rowse with 40.4% of the vote, ahead of James Joyce’s Read More →
Velocity Financial reports earnings growth in Q3
Westlake Village-based mortgage lender Velocity Financial reported an increase in net income and net interest margin for the third quarter, compared to the same quarter last year, in an earnings statement released Nov. 3. Velocity reported net income of $8.02 million in the third quarter, or 23 cents per diluted share, compared to $3.5 million, Read More →
