Goleta’s Frinj takes coffee off state’s crop fringe and up to new levels
Coffee, South Coast’s newest emerging agribusiness; Goleta bean grower boosts state’s once-fringe crop, while shaking up traditional practices by shortening supply chain and bringing greater return to farmers.
Stimulus talks renew hope for financial relief
Conversations in Washington of a second round of economic relief are in the works, in hopes to offset the financial impact of COVID-19
Cheesecake Factory settles SEC complaint that it misled investors
The U.S. Securities and Exchange Commission announced Dec. 4 that it settled charges against The Cheesecake Factory for making misleading disclosures about the impact of COVID-19 on its business. The Calabasas-based restaurant chain made statements in its March 23and April 3 filings that it was operating sustainably. According to the SEC, those filings were materially Read More →
New state order could close restaurants, other businesses if ICUs fill up
California Gov. Gavin Newsom announced a revised stay-at-home order on Dec. 3 that is tied to each region of the state’s intensive care capacity. In areas where the ICU capacity falls below 15%, a stay-at-home order will be implemented for three weeks. Under this new order, the state is broken into five regions, with Ventura, Read More →
Semtech reaches record highs after earnings beat
Semtech, a Camarillo semiconductor company specializing in Internet of Things applications, announced earnings on Dec. 2 that beat both the previous quarter and analysts’ estimates. Shares of Semtech were trading at just under $70 my midday on Dec. 3, the highest stock price in the company’s history. The company’s shares are up 23% in the Read More →