July 16, 2024
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Officials gather to discuss options available to the public following storm

By   /  Thursday, February 2nd, 2023  /  Central Coast, East Ventura County, Economy, Latest news, middle, Regions, San Luis Obispo County, Santa Barbara County, Small Business, Tri-County Economy  /  Comments Off on Officials gather to discuss options available to the public following storm

With the near-record storm behind the Central Coast, all that is left now is to pick up the pieces. The Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA) have been the ones trying to accomplish that goal, teaming up to provide the tri-counties with a slew of help. “Partnering with FEMA and Read More →

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Santa Barbara powers tourism rebound on the coast

By   /  Thursday, February 2nd, 2023  /  Destinations, Economy, Latest news, middle, Regions, Santa Barbara County, Tourism, Tri-County Economy  /  Comments Off on Santa Barbara powers tourism rebound on the coast

Despite potential headwinds going into 2023, Santa Barbara had a lot to celebrate in in the past year with regards to the success in the tourism sector. For the second year in a row, Santa Barbara saw growth, even reaching pre-pandemic levels, Kathy Janega-Dykes, Visit Santa Barbara’s president and CEO said during the Tourism Summit Read More →

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Amgen to lay off 300 U.S. workers

By   /  Monday, January 30th, 2023  /  East Ventura County, Economy, Latest news, left, Technology  /  Comments Off on Amgen to lay off 300 U.S. workers

Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →

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Housing projects in Ventura are well-funded but need to happen quicker

By   /  Wednesday, January 25th, 2023  /  Economy, Infrastructure, Latest news, Ventura County  /  Comments Off on Housing projects in Ventura are well-funded but need to happen quicker

The Housing Trust Fund of Ventura County has made impressive progress over the last year in its move to develop affordable housing units throughout the county. At its annual meeting on Jan. 18, HTFVC described the steps they’ve taken to ensure future housing projects as well as the state of current projects. Alexander Russell, HTFVC’s Read More →

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Venture capital spending to keep cooling in ’23 amid economic concerns

By   /  Friday, January 20th, 2023  /  Banking & Finance, Economy, Latest news, left, Tri-County Economy  /  Comments Off on Venture capital spending to keep cooling in ’23 amid economic concerns

By Mike Harris, Special to the Business Times This year will be a cautious one for venture capital investors, panelists at a round table discussion in Westlake Village said on Jan. 18. “I think it will be slow and cautious,” said moderator Scott Alderton, managing partner of Los Angeles-based law firm Stubbs, Alderton and Markiles, Read More →

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Travel Forecast: Central Coast to remain desirable spot

By   /  Friday, January 6th, 2023  /  Central Coast, Economy, Latest news, middle, Regions, Tourism, Tri-County Economy  /  Comments Off on Travel Forecast: Central Coast to remain desirable spot

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Vital signs: Unemployment held steady in November

By   /  Friday, December 16th, 2022  /  Columns, Economy  /  Comments Off on Vital signs: Unemployment held steady in November

The number of those unemployed in the U.S. was essentially unchanged in November from October, according to data released by the U.S. Bureau of Labor Statistics. The national unemployment range has remained essentially stabile since March at 3.5 % to 3.7 %. The number of unemployed persons was essentially unchanged at 6.0 million in November.  Read More →