Region’s unemployment rate dips below 3%
The unemployment rate in the tri-county region dipped just below 3% in September, as the state of California hit a new record low of 3.9%, according to data released Oct. 21 by the California Employment Development Department. Ventura County’s unemployment rate in September was 3.3%, down from 3.5% in August. In Santa Barbara County, the Read More →
New state Medicaid program arrives in tri-county region
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UCSB’s mega-dorm gets smaller
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Real Estate: L.A. firm buys Ventura complex, hints at more purchases to come
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Olaplex shares plummet after company cuts guidance
Shares of Montecito-based Olaplex dropped more than 50% on Oct. 19 after the hair care products company slashed its revenue guidance for the full 2022 fiscal year fiscal. Olaplex shares closed at $4.24 on Oct. 19, down 56.7% from the previous day’s close. The company released preliminary third quarter earnings on Oct. 18, with executives Read More →
ExxonMobil buys damaged Plains All American oil pipeline
For more than seven years, ExxonMobil has left its oil in the ground off the coast of Santa Barbara County, with no way to transport it since the rupture of Plains All American’s pipeline near Refugio State Beach. Now ExxonMobil will take a shot at moving the oil itself, after purchasing the broken pipeline from Read More →
Wine Buzz: Alma Rosa, a pioneering winery, moves into a new era
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