Tri-county unemployment rate drops below 4%
The unemployment rate for the Central Coast fell below 4% in the month of April, according to the latest data provided by the California Employment Development Department. Released on May 17, the unemployment rate of the tri-counties was at 3.96% for the month of April, down from a 4.56% unemployment rate in the month of Read More →
$70M Refugio oil spill deal gets tentative OK
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Wendy Foster’s State Street location closing
State Street icon Wendy Foster is becoming the latest casualty of Santa Barbara’s retail apocalypse. The trend-forward fashion retailer said May 14 that it was closing its location at 1220 State Street after a nearly 40-year run that featured some of the most iconic apparel on the Central Coast. Although technically a “pause,” according to a statement, Read More →
Vital signs: AI is used to supplement workers, not replace them
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Portfolio watch
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Housing crunch: 11,000+ new homes could ease area shortage
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Judge grants preliminary approval of $70M oil spill settlement
A federal judge has granted preliminary approval of a $70 million class action settlement to property owners impacted by a 2015 oil spill along the Santa Barbara coastline. U.S. District Court Judge Philip Gutierrez issued his ruling May 1, it was announced May 9. On May 19, 2015, a pipeline ruptured, spilling oil onto private Read More →
