SLO County airport chief to depart for SFO
Kevin Bumen, San Luis Obispo County’s director of airports, is stepping down at the beginning of October. Bumen, who has managed San Luis Obispo County’s two airports since 2013, is taking a new position as the first chief commercial officer for San Francisco International Airport. His last day in San Luis Obispo is Oct. 9, Read More →
Carbajal expects more stimulus funds
An agreement on a new round of stimulus funding, including payment to individuals and additional funding for small business, is likely to be reached in mid-September, says U.S. Rep. Salud Carbajal, D-Santa Barbara. In a Sept. 2 phone interview with the Business Times, Carbajal said he expects the White House and House Speaker Nancy Pelosi Read More →
Vista Equity founder Robert Smith under tax investigation
Robert Smith, the founder of Vista Equity Partners, which counts Mindbody and LogicMonitor in its portfolio, is facing an investigation by U.S. tax authorities over his personal offshore holdings. According to reports first published in Bloomberg, then in the Financial Times and others, Smith has come under scrutiny over tax treatment of millions of dollars Read More →
Unemployment rate drops in Tri-Counties, still in double digits
Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties continued to inch downward in July, though all three remained at historically high levels in the fourth month of the coronavirus pandemic. The combined civilian unemployment rate for the tri-county area was 10.7 percent in July, according to a Business Times analysis of data Read More →
Region’s restaurants take it outside
In San Luis Obispo, Santa Barbara and Ventura counties, businesses have been encouraged to take advantage of outdoor spaces around them, and in cities like Paso Robles, Solvang, Santa Barbara and Ventura, cities have shut down main thoroughfares to give restaurants more room to expand into the streets and sidewalks. “It’s a really great opportunity Read More →
Pandemic relief grants available for SLO businesses
A public-private partnership in San Luis Obispo began accepting applications Aug. 10 for $260,000 in small business relief grants. The money will go to 52 local businesses, with each one receiving $5,000, according to a city news release. The application period opens at 11 a.m. on Aug. 10 and will remain open until Aug. 24. Read More →
Coalition set to unveil aerospace economic plan
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