July 15, 2024
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Hospitals cope with staffing shortages

By   /  Thursday, April 6th, 2023  /  Health Care & Life Science, Latest news, Top Stories, Top Story  /  Comments Off on Hospitals cope with staffing shortages

About 1-in-5 healthcare workers quit their job during the COVID-19 pandemic, according to a study from the U.S. Bureau of Labor Statistics. But, despite common belief, the nursing shortage is actually not a symptom of the COVID-19 pandemic. Rather, it had been a creeping phenomenon for several decades now. The pandemic only quickened the process.“We Read More →

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Meet 2023’s Top Women in Business

By   /  Friday, March 24th, 2023  /  Latest news, Top Stories, Top Story  /  Comments Off on Meet 2023’s Top Women in Business

The Pacific Coast Business Times is honoring its 2023 Top Women in Business class at its event on Thursday, April 20 at the Santa Barbara Hilton. This year’s editor’s picks include: Fay Sien Goon, AppFolio, Tech Shawna Morris, Casa Pacifica, Nonprofits Joanne Funari, American Riviera Bank, Regional Banking Kristina Alameda, Bank of America, National Banking Read More →

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Precision Construction wins federal award

By   /  Monday, March 20th, 2023  /  Economy, Latest news, San Luis Obispo County, Top Stories, Top Story  /  Comments Off on Precision Construction wins federal award

San Luis Obispo-based Precision Construction Services received one of the Small Business Administration’s highest honors, being selected as the Small Business Persons of the Year Award, the SBA announced on March 20. The award recognizes Precision for both business success and local community contributions, the SBA said in a press release. The company was founded Read More →

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Amgen lays off another 450 workers

By   /  Thursday, March 16th, 2023  /  Health Care & Life Science, Latest news, Top Stories, Top Story  /  Comments Off on Amgen lays off another 450 workers

For the second time this year, Amgen is cutting hundreds of jobs in an effort to curtail expenses in the face of an uncertain economy. Amgen, the largest employer in Ventura County, announced on March 16 that it would be laying off 450 workers, which equates to 2% of its current workforce. In a statement Read More →

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Updated: Feds take swift action to avoid financial crisis

By   /  Sunday, March 12th, 2023  /  Banking & Finance, Economy, Latest news, Top Stories, Top Story  /  Comments Off on Updated: Feds take swift action to avoid financial crisis

Update: This article was updated on March 13 to include stock prices of banks both inside and outside the region as well as include an exclusive interview with American Riviera Bank President Jeff Devine. This article was updated again on March 14 to update stock prices. Regional bank stocks were headed into recovery mode on Read More →

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Bank CEO, economist see little impact from SVB failure

By   /  Friday, March 10th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Bank CEO, economist see little impact from SVB failure

The chair of the region’s biggest bank a leading economist responded quickly to the biggest bank failure since the financial crisis with reassurances that Silicon Valley Bank is unlikely to have broad impacts. Based in Santa Clara, Silicon Valley Bank had its doors closed and its deposits seized by the Federal Deposit Insurance Corp., the Read More →

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Simi Valley attracts corporate HQs

By   /  Friday, March 3rd, 2023  /  East Ventura County, Economy, Latest news, Regions, Subscriber content, Top Stories, Top Story  /  Comments Off on Simi Valley attracts corporate HQs

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