Bill Foley buys Hotel Californian
Foley Entertainment Group, founded by Las Vegas Golden Knights hockey owner and Santa Barbara County wine magnate Bill Foley, has purchased the Hotel Californian on lower State Street in Santa Barbara. Foley Entertainment Group announced the purchase Sept. 1 and did not disclose the price. The property’s assessed value is $33.5 million, according to Santa Read More →
SLO County joins Santa Barbara and Ventura with new mask mandate
Public health officials in San Luis Obispo, Santa Barbara and Ventura counties now require everyone to wear face coverings in all indoor public settings to protect against COVID-19, after San Luis Obispo County reinstated its mask mandate on Aug. 31. Citing rising case rates in San Luis Obispo County, Health Officer Dr. Penny Borenstein issued Read More →
Limoneira predicts earnings growth despite drought and supply chain woes
Santa Paula-based agribusiness Limoneira released preliminary financial results on Aug. 24 for its most recent quarter, highlighting strong fresh lemon utilization which helped offset a smaller-than-expected avocado output. Limoneria said it expects revenue of $49 million in the third quarter of 2021, which would be a slight decrease from the same quarter a year ago, Read More →
EPA chief visits Ventura, talks drought, water infrastructure
The United States Environmental Protection Agency’s top official visited the city of Ventura‘s wastewater operations on Aug. 18 to get a first-hand look at water systems and discuss the upcoming investments in the nation’s infrastructure. EPA Administrator Michael Regan and U.S. Rep. Julia Brownley, a Democrat who represents most of Ventura County, were led on Read More →
Sonos wins patent dispute with Google
A judge from the U.S. International Trade Commission ruled in favor of Santa Barbara based Sonos on Aug. 13, finding that Alphabet Inc’s Google infringed upon five of Sonos’ patents for wireless speakers and related technology. Judge Charles E. Bullock did not give a reason for the decision but the ruling did find that Google Read More →
Sonos delivers surprise profit, raises revenue guidance
Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30. Read More →
Highway 101 widening on tap for Ventura County
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