Portfolio watch
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FTC pauses suit against Amgen on $28B acquisition
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Umbra captures revenue with satellite snapshots
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Street smarts: Santa Maria Valley Chamber announces award winners
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Our view: Central Coast avoids major disaster as emergency prep remains top of mind
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AppFolio cuts jobs to address profitability concerns, stock gains 10%
Santa Barbara-based AppFolio has seen its shares rise as much as 12.6% in the days since the company announced it would be laying off 9% of its workforce on Aug. 17. Shane Trigg, the company’s CEO recently hired in March, wrote in a letter sent out to employees on Aug.17 that it would be cutting Read More →
Federal funding allocated to disaster recovery efforts
The Central Coast will receive a financial boost to its disaster recovery efforts, after the federal government announced it would be allocating $115 million to the state of California on Aug. 25. That money is to aid recovery efforts brought upon by the storms that ravaged the Central Coast in January. Secretary of Housing and Read More →
