Tri-county unemployment down to 6% in November
Unemployment in the Tri-Counties and all over California hit its lowest levels in November since before the pandemic began, though the latest figures come from surveys taken before the post-Thanksgiving surge in COVID-19 cases and the new round of stay-home orders and business closures. California’s unemployment rate in November was 8.2%, down from 9% in Read More →
Southwest’s next destination: Santa Barbara Airport
Southwest Airlines announced Dec. 16 that it plans to start flying out of Santa Barbara Airport in the spring, something airport officials and frequent fliers have wanted for decades. The airline has not said yet which cities it would serve from Santa Barbara, or how often, but airport officials anticipate “several departures a day,” Deanna Read More →
State of Santa Barbara County: waiting for vaccines, making do in the meantime
The pandemic has hit Santa Barbara County in a myriad of ways, making life harder for everyone, but the county is still trying to wring a few good measures out of hard situations. At the annual State of the County address on Dec. 11, put on by a coalition of the county’s chambers of commerce, Read More →
Region’s PPP loans totaled $2.87B
Businesses in the tri-county region received more than $2.87 billion in potentially forgivable loans through the federal Paycheck Protection Program, according to an early December release of data from the U.S. Small Business Administration.
Central Coast counties ask to go their own way on pandemic rules
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Amazon’s Santa Barbara office sold in one of downtown’s biggest commercial deals ever
Amazon’s downtown Santa Barbara building got a new landlord when the property was sold in early December to an international investor. Global Mutual, a London-based investment firm, bought the three-story building for close to its listed price of $38.4 million, making it one of the largest sales ever of commercial property in the downtown Santa Read More →
InTouch founder Yulun Wang joins Cottage board
Yulun Wang, the head of research and development at Teladoc Health and a pioneer in the field of remote and robotic surgery, has joined the volunteer Board of Directors for Cottage Health. Wang has deep roots in the area, having earned his doctorate in electrical and computer engineering from UC Santa Barbara. He then spent Read More →
