The Federal Reserve began its historic pivot on Sept. 18 moving to unwind interest rates and stave off recession. The 50-basis point move on Sept. 18 met Wall Street expectations for bold action and was greeted with relief and rising stock prices. In remarks after the meeting Chair Jay Powell talked about the Fed’s confidence Read More →
Editor’s note: This story was updated on Sept. 19. A judge ruled Sept. 17 that there is a contractual basis for the establishment of a replica of former Congressman Elton Gallegly’s office on the California Lutheran University campus in Thousand Oaks. “The court has been asked to determine if there is a contractual basis for Read More →
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This 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.
Agilent Technologies, a supplier of laboratory medical equipment to the biotechnology industry, is an extremely largecompany headquartered in Santa Clara — but to the people of Santa Barbara County, the company has long had a presence in Carpinteria. On Sept. 9, the company decided to double down on that presence announcing the opening of its Biopharma CDx Read More →
People who work in nonprofits are passionate, committed to a cause and not necessarily in it for the money. In recognition of that commitment, the Santa Barbara Foundation scheduled its second “Toast to the Nonprofit Community” at Vega Vineyards in Buellton on Sept. 5. When I talked to her a day before the invitation-only event, Foundation CEO Read More →