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Portfolio watch | Pacific Coast Business Times

S&P Global Market Intelligence writes that “economies have proved more resilient than first anticipated heading into 2023, particularly in the face of the U.S. banking liquidity crunch.” Now investors are waiting for central bank signals before a revival of new deal activity. Debt markets remained active in 2023, S&P writes, but “equity issuance has plummeted.” That
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Dubroff: Gold Team 2.0 targets biotech, manufacturing | Pacific Coast Business Times

When he was campaigning for Ventura County Supervisor, former assembly member Jeff Gorell revived the ex-Lt. Gov. Gavin Newsom concept of a Gold Team to retain and recruit businesses. And just a year after having won election for the District 2 post by the narrowest of margins, Gorell made good on his Gold Team pledge
Gavin Newsom Jeff Gorell Gold Team Ventura County Supervisor Latest News Subscriber Content

Law review: Developer charged with allegedly bribing SLO County supervisor

A Central Coast real estate developer has been indicted in federal court for allegedly paying a San Luis Obispo County supervisor more than $95,000 in bribes and gifts in exchange for the official advocating for the firm’s projects. Ryan Wright, 37, of Grover Beach, is also charged in the indictment with covering up the alleged
Ryan Wright Central Coast San Luis Obispo County Grover Beach Latest News Law Amp Goverment

Dubroff: UCSB celebrates 15 years of innovation in energy efficiency | Pacific Coast Business Times

Fifteen years ago energy efficiency was an idea that was just coming into its own — the idea that the economy could increase its output and reduce carbon intensity was a bit revolutionary. But the signs were there. Solar energy was gaining significant traction as the per-kilowatt price of panels began to plummet and utilities
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'Pig butchering' scams are on the rise | Pacific Coast Business Times

A crypto ATM in a Santa Barbara store. (courtesy photo) Santa Barbara-based American Riviera Bank is aiming to raise public awareness about new cryptocurrency investment frauds called “pig butchering” scams. “We have seen an increase in these types of devastating scams lately, and we will remain vigilant in combating them,” Laurel Sykes, the bank’s executive
United States Santa Barbara Laurel Sykes Santa American Riviera Bank Santa Barbara Based American Riviera Bank Banking Amp Finance

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Street Smarts: Veteran's Day celebrations along the Central Coast | Pacific Coast Business Times

In honor of Veteran’s Day on Nov. 10, several celebrations and events will be held throughout the tri-counties to observe the holiday. In Ventura County, Amazon in Oxnard is partnering with the Military Animal Project for a Paws and Patriots event which will honor local veterans and spotlight the transformative relationships they can forge with
Ventura County Military Animal Project Central Coast Latest News Subscriber Content Tri County Economy

Thornberg grills SLO forecast on need for housing | Pacific Coast Business Times

San Luis Obispo County and its local leaders and business community members have high hopes for the economy over the next decade. With key initiatives from Reach, a regional economic action coalition, making moves in the aerospace industry to Cal Poly SLO’s impressive and growing entrepreneurship culture in its incubator programs the future seems bright. But Christopher
San Luis Obispo County Cal Poly Latest News Subscriber Content Tri County Economy

Vital signs: Santa Barbara County claims expensive zip codes | Pacific Coast Business Times

It is a tall task to live in a place as expensive as California, a task that only grows larger on the Central Coast, particularly Santa Barbara County. A study conducted by Property Shark, a real estate data provider, ranked the 100 priciest zip codes in the United States, of which 79 California zip codes
United States Santa Barbara County Central Coast Santa Barbara Property Shark Latest News

Conception verdict comes amid safety overhaul | Pacific Coast Business Times

It has been more than four years since the Conception dive boat fire in the Santa Barbara Channel claimed the lives of 34 people and new developments aimed at ensuring such a tragic event never happens are still on the horizon. More recently, however, a new conviction from the case was recently delivered. A Los
Santa Barbara Channel Latest News Law Amp Goverment Subscriber Content

Our view: Resources are plentiful for veteran-owned businesses | Pacific Coast Business Times

As we head into the Veteran’s Day holiday we’re going to take a few minutes to recognize veteran-owned businesses and military spouses who play key roles as entrepreneurs and supporters. The Small Business Administration recently recognized service members, those serving in the National Guard and National Reserves and spouses during the 10th annual National Veterans
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