American Riviera Bank reports income drop due to end of PPP program
Santa Barbara-based American Riviera Bank reported July 21 that its net income in the first half of 2022 shrank to $5.7 million, compared with $6.1 million in the same period a year earlier. For the second quarter, which ended June 30, American Riviera reported unaudited net income of $2.5 million, or 49 cents per share, Read More →
Despite pro-housing laws, shortages persist in region and statewide
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Santa Barbara scores a soccer club
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New chair takes helm at UCSB Technology Management Program
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Unemployment in region ticks up in June but remains near historic lows
The June 2022 combined unemployment rate for the tri-county area was 2.96%, an increase from the record-low regional unemployment rate of 2.5 in May 2022, according to data released July 22 by the California Unemployment Development Department. The June 2022 tri-county was still well below last year’s June unemployment rate of 6.2%. California’s unemployment rate Read More →
Real Estate: Downtown Santa Barbara sale means new landlord for PCBT
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House approves funding for Highway 101 widening from Goleta to Ventura
A massive project to expand lanes on Highway 101 between Santa Barbara and Ventura received a slice of federal funding recently approved by the U.S. House of Representatives, after lobbying by Congressman Salud Carbajal. Carbajal, D-Santa Barbara, announced on July 21 that he had secured more than $16.6 million in federal money for projects in his district Read More →
