November 19, 2024
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United to connect Santa Barbara and Chicago in June

By   /  Monday, May 24th, 2021  /  Latest news, middle, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on United to connect Santa Barbara and Chicago in June

United Airlines has begun taking reservations for Santa Barbara-to-Chicago service and offering some Windy City-style hot dogs to make a splash. What airport officials describe as Santa Barbara’s longest flight will kick off on June 3 with nonstop daily to O’Hare International Airport, leaving at 7 a.m., according to a May 24 news release from Read More →

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Deckers shares rise on news of record sales and earnings

By   /  Thursday, May 20th, 2021  /  Banking & Finance, Earnings, Latest news, middle, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers shares rise on news of record sales and earnings

Deckers Outdoor Corp. has opened retail stores for its footwear brands at its new campus headquarters in Goleta. The Ugg boot parent's stock spiraled on Feb. 28, after the company predicted a first-quarter loss stemming from costs to build out company-owned Ugg stores around the world. (courtesy photo)

Shares of Deckers Brands, the Goleta-based parent company of Ugg and other footwear brands, jumped 7% on May 20 following the announcement of its fourth quarter and full-year 2020 financial results, which included big jumps in both revenue and net income. Net sales increased 19.4% from 2019 to 2020, to $2.5 billion, the most in Read More →

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New study puts Vandenberg at $5.8B in economic impact, 20K jobs

By   /  Friday, May 14th, 2021  /  Central Coast, Latest news, middle, Technology, Top Stories, Tri-County Economy  /  Comments Off on New study puts Vandenberg at $5.8B in economic impact, 20K jobs

Editor’s note: This article was updated shortly after it was posted to include information about the planned renaming of the base. Vandenberg Air Force Base was responsible for 20,000 jobs and $5.8 billion in economic activity in 2020, with room to grow to $7.9 billion in output by 2030, according to a new study by Read More →

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Direct Relief comes to India’s aid during COVID crisis

By   /  Friday, May 14th, 2021  /  Health Care & Life Science, Latest news, middle, Nonprofits, Subscriber content, Top Stories  /  Comments Off on Direct Relief comes to India’s aid during COVID crisis

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Pandemic has hastened ascent of e-commerce, trade expert tells Port of Hueneme

By   /  Friday, May 7th, 2021  /  Latest news, middle, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Pandemic has hastened ascent of e-commerce, trade expert tells Port of Hueneme

Since the Great Recession of 2008, the e-commerce trade has grown nearly 20% each year, and the COVID-19 pandemic has only accelerated that trend. That was one of the themes of a talk on May 4 by Marianne Rowden, the founder of TradeNerd and former president and CEO of the American Association of Importers and Read More →

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Amgen stock tumbles after earnings report

By   /  Tuesday, April 27th, 2021  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, middle, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen stock tumbles after earnings report

Editor’s note: This article was updated at 8:35 a.m. on April 28 with up-to-date information on Amgen’s stock price. Amgen’s shares fell nearly 8% following the company’s April 27 release of its first quarter 2021 earnings, which saw a decline in both revenue and net income compared to a year earlier. Amgen is headquartered in Read More →

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SLO Brewing incubates its first successful spin-off beer

By   /  Friday, April 23rd, 2021  /  Central Coast, Latest news, middle, Small Business, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on SLO Brewing incubates its first successful spin-off beer

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