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November 17, 2023
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
November 17, 2023
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
November 11, 2023
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
November 11, 2023
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
November 10, 2023
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
November 10, 2023
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
November 10, 2023
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
November 10, 2023
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
November 10, 2023
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
November 10, 2023
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