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Dubroff: U.S. and tri-county economies are in a wait-and-see mode | Pacific Coast Business Times

Federal Reserve Board Governor Chris Waller raised the possibility of skipping a rate hike at the June meeting and then revisiting the issue in July in order to wait for more data about inflation, jobs and stress in the banking system. Speaking at the UC Santa Barbara Economic Forecast Summit on May 24, Waller said
Chris Waller Federal Reserve Board Governor Chris Waller Barbara Economic Forecast Summit Central Coast Latest News Subscriber Content

Creating a new way to construct stories | Pacific Coast Business Times

SoCreate's headquarters in San Luis Obispo is filled with creative art throughout. (courtesy photo) Justin Couto is no stranger to creating software companies. The 49-year-old is actually on his third iteration — building his previous two incarnations into big enough entities that could be sold off. But this third one is a lot more personal
Luis Obispo Justin Couto San Luis Obispo Latest News San Luis Obispo County Subscriber Content

Unleashing an industry: Vetama gives more freedom to mobile veterinarians

A Vetama van. (courtesy photo) Mobile veterinarians are nothing new. But, San Luis Obispo-based startup Vetama hopes to distinguish itself from the pack. It offers mobile franchises to veterinarians who can buy or lease fully equipped medical vans for their practices but — unlike solo mobile veterinarians — can receive unlimited business support as well.
San Luis Obispo Based Latest News San Luis Obispo County Subscriber Content

Our view: Westmont leads the way with impressive lineup | Pacific Coast Business Times

When Westmont College launched its “LEAD Where You Stand” program nearly a decade ago, it seemed like a novel way to reach students and attract some community members. Now in its 8th year, the program, which takes place on May 31-June 2 at Westmont’s Global Leadership Center, has broadened its horizons and attracted a wide
Westmont College Westmont Global Leadership Center Global Leadership Center Latest News Op Eds Subscriber Content

Unemployment rate drops across the Central Coast in April | Pacific Coast Business Times

The unemployment rate along the Central Coast hit a new low for the year, combining for a 3.4% unemployment in the month of April, down from a tri-county unemployment rate of 4% the month prior, according to the data released on May 19 from the California Employment Development Department. Santa Barbara County had the highest
Santa Barbara County United States California Employment Development Department Central Coast California Employment Development Latest News

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Dubroff: Small businesses have an uphill battle | Pacific Coast Business Times

With the 20th Anniversary of our Spirit of Small Business awards approaching, I’ve been reflecting on the state of small business in 2023. The Spirit Awards have always had a special meaning for me — I am a small business owner myself. And I’ve got a few thoughts about the current state of small business
Small Business Spirit Awards Latest News Subscriber Content

Street smarts: San Luis Obispo spirit maker takes home prestigious award

Rambling Spirits took home the prestigious silver medal at the 2023 International Spirits Awards, an event sponsored by the American Distilling Institute. The new distillery brews its gin in a small still inside the San Luis Obispo Public Market. The American Distilling Institute is the largest small-batch independently owned craft distillery association in the world.
United States International Spirits American Distilling Institute Rambling Spirits Spirits Awards American Distilling

CRE: DignityMoves welcomes community to new Goleta village | Pacific Coast Business Times

The DignityMoves project, tentatively known as La Posada and slated for Hollister Avenue and Modoc Road, received a lukewarm welcome from around 35 Goleta residents on May 8. The new village, consisting of 90 tiny homes of transitional housing for people experiencing homelessness, will be built on county-owned land at the site of the former
Santa Barbara Madeleine Benn Santa Maria Ed Brown Terri Maus Nisich Matt Riley

FTC blocks Amgen's $28B Horizon deal | Pacific Coast Business Times

Amgen's new research and development facility in San Francisco. (courtesy photo) Amgen’s desire to land its next blockbuster drug — or two — has been put on hold. The Federal Trade Commission sued Amgen in an effort to block the company’s proposed acquisition of Horizon Therapeutics for nearly $28 billion, citing concerns that it would
San Francisco United States Federal Trade Commission Horizon Therapeutics Health Care Amp Life Science Latest News

An Apeel-ing lemon venture for Limoneira | Pacific Coast Business Times

Limoneira packing plant. (courtesy photo) Santa Paula-based Limoneira, a grower of lemons and avocados, has signed an exclusive licensing relationship with Apeel Sciences, the Goleta-based company that has developed a system for increasing the shelf life of fresh produce, the company announced May 11. But for Limoneira CEO Harold Edwards, the most exciting part of
Harold Edwards Apeel Sciences Santa Paula Based Limoneira Central Coast Latest News Subscriber Content

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