Maritime reform bills passed inspired by Conception Boat Fire
The Small Passenger Vessel Liability Fairness Act was signed into law by President Joe Biden on Dec. 23. The measure, championed by Rep. Salud Carbajal, D-Santa Barbara, Sen. Dianne Feinstein and Rep. Julia Brownley, D-Ventura, was crafted in response to the 2019 Conception boat fire off the Central Coast. The law is meant to reform Read More →
Calavo shares down, but company’s optimism remains high for 2023
Shares of Santa Paula-based Calavo Growers faced another steep drop during the trading day Dec. 21, one day after the company’s fourth quarter and full-year earnings announcement. The company limped through the finish line in the fourth quarter, with both revenue and net income falling well below analysts’ expectations. It’s why Calavo’s stock fell as Read More →
New firm wants to play ball at VC Fairgrounds
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Atara receives first drug approval
Thousand Oaks-based Atara Biotherapeutics announced on Dec. 19 that the European Commission has approved its drug, Ebvallo. Ebvallo, also known as tabelecleucel, has been Atara’s main product development in its pipeline since 2015. It is the first time Atara has received approval for one of its treatments. The drug is a monotherapy for the treatment Read More →
Farming First expands Central Coast’s booming cannabis presence
The Central Coast has the potential to be the premier place to grow cannabis, especially if the federal market ever comes into play — that is what Will Terry believes. A fifth-generation farmer, Terry founded a new operation, Farming First Holdings in 2019 and invested his time, money, and effort into building a robust setup. Read More →
Region’s unemployment rate rises slightly in November
The unemployment rate in the tri-county region has ticked up steadily over the past couple of months, rising to 3.2% in November, according to data released Dec. 16 by the California Employment Development Department. San Luis Obispo County continues to post the region’s lowest unemployment rate, currently sitting at 2.8%. In Santa Barbara County, the Read More →
Dantari raises $47M to target cancers and rare diseases
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