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
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 →
Amgen joins new cooperative trials for COVID treatment
With COVID-19 continuing to surge across the globe, a coalition of pharmaceutical companies including Thousand Oaks-based Amgen has announced a joint trial for new coronavirus treatments. Amgen, along with Takeda and UCB, are now collaborating to study methods of treatment for patients who are hospitalized due to COVID-19, the three companies announced. The trial enrolled Read More →
Trade Desk CEO, CSUCI team up to help students stay in school during pandemic
CSU Channel Islands is helping its student stay in school and graduate with $500,000 in funding for scholarships and peer mentors from Jeff Green, the CEO and co-founder of The Trade Desk. Earlier this year, after the COVID-19 pandemic hit, the Jeff Green Family Foundation gave $250,000 to CSUCI’s peer mentorship programs, which provide mentors Read More →
QAD reports slight revenue dip, big earnings jump
Profits at Santa Barbara-based software firm QAD hit $3.2 million in the third quarter of 2020, up from $125,000 in the same quarter of 2019, the company announced Nov. 24. QAD had earnings of 16 cents per share, up from just 1 cent per share a year earlier. “We made significant progress toward our long-term Read More →
