Goolsbee: Inflation must pass sniff test
As a self-described “data dog,” Federal Reserve Bank of Chicago President Austan Goolsbee has done a lot of sniffing this year. With inflation seemingly stuck roughly half a percentage point above the Fed’s 2% target, Goolsbee is firm about one thing. There will be no moving the goalposts, he told a group of 150 business Read More →
Mental health experts, facilities grow to meet a demand for services
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Beni CEO steps down due to personal health issues
Sarah Pinner, one of the co-founders of Santa Barbara-based Beni, stepped down from her post as CEO of the company on April 12, citing personal health issues as the reason. In a LinkedIn post, Pinner noted that she was “simply no longer mentally or physically healthy enough to continue in this role.” “I can live Read More →
Ranch at Moorpark sells for $133.2M
The Ranch at Moorpark, a 376-unit multifamily community in Moorpark, has been sold for $133.2 million, according to an April 11 report. Decron Properties, one of the largest privately owned real estate firms in California, sold the property AEW Capital Management. According to a press release, Decron acquired the asset, located at 51 Majestic Court Read More →
A2 Bio’s new CEO aims to grow platform
James Robinson, the new CEO of Agoura Hills-based A2 Biotherapeutics, has several priorities he wants to tackle, not the least of which is to accelerate the company’s proprietary Tmod cell therapy platform. “First principle for us is to maximize the value of the platform that we’ve built,” Robinson, 54, told the Business Times on April Read More →
EP Wealth snaps up Wacker Wealth in SLO
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Grand jury says $500k under-reported in Lompoc tourism pact
Annual reporting by Visit Lompoc LLC shows hundreds of thousands of dollars in unaccounted-for funds, according to a Santa Barbara County Grand Jury report. Released March 22, the report says that over the first five years of the current agreement between Visit Lompoc and the City of Lompoc, the cumulative value of those under-reported funds Read More →