Biosimilar market continues cutting into Amgen’s top line
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American Riviera reports smaller net income, adds hundreds of new depositors
American Riviera Bank, based in Santa Barbara, reported a net income of $3 million for the quarter ending on March 31, representing a decrease of 6% over the same period last year. Earnings per share for the first quarter totaled 52 cents per share, compared with 55 cents per share this time last year, according Read More →
Former Santa Barbara official files lawsuit against the city
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Teledyne starts the new year strong with earnings beat
Thousand Oaks-based Teledyne Technologies kicked off the earnings season right here on the Central Coast, delivering an earnings and revenue beat for the first quarter of 2023, the company announced on April 26 before the markets opened. Teledyne, a technology and defense conglomerate, delivered record revenue results in the first quarter, generating $1.38 billion in Read More →
Goleta struggles to meet state housing standards
It’s hard to attract and retain workers if they can’t afford to live in the region they work in, and housing elements on every level across the state are trying to fix that issue. While initially, it seemed as if the city of Goleta was the only local jurisdiction on track to meet state deadlines Read More →
Ventura County facing slow economic growth in 2023
Echoing other local economists, Mark Schniepp told attendees at the Ventura County Taxpayers Foundation’s economic outlook conference on April 14 that the county will see slow growth the rest of this year. “We have two scenarios,” Schniepp, director of the California Economic Forecast in Santa Barbara, said at the annual event at the Hyatt Regency Read More →
CSUCI’s animal house expands onto campus
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