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Latest

Pandemic relief grants available for SLO businesses

By   /  Monday, August 10th, 2020  /  Central Coast, Latest news, Small Business, Tri-County Economy  /  Comments Off on Pandemic relief grants available for SLO businesses

A public-private partnership in San Luis Obispo began accepting applications Aug. 10 for $260,000 in small business relief grants. The money will go to 52 local businesses, with each one receiving $5,000, according to a city news release. The application period opens at 11 a.m. on Aug. 10 and will remain open until Aug. 24. Read More →

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Union Bank unveils $10M grant program for underserved communities

By   /  Thursday, August 6th, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business  /  Comments Off on Union Bank unveils $10M grant program for underserved communities

Editor’s note: An earlier version of this article contained an error in the headline. Union Bank’s Community Recovery Program is grants, not loans. Union Bank is making it easier for marginalized communities to access much-needed grant funds through a new online portal. The Community Recovery Program is a portal through which the bank is pouring Read More →

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Alaska Airlines to add Santa Barbara-San Diego daily flights

By   /  Tuesday, August 4th, 2020  /  Latest news, South Coast, Tourism, Tri-County Economy  /  Comments Off on Alaska Airlines to add Santa Barbara-San Diego daily flights

Alaska Airlines will fly direct daily from Santa Barbara to San Diego starting Nov. 20, Santa Barbara Airport announced Aug. 4. Alaska Airlines already offers daily service from Santa Barbara to Seattle and Portland. The new flight reduces travel between San Diego and Santa Barbara from a car trip that can take anywhere from four Read More →

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Latest

Goleta small-business grants available until Aug. 7

By   /  Monday, August 3rd, 2020  /  Latest news, Restaurants, Small Business, South Coast  /  Comments Off on Goleta small-business grants available until Aug. 7

Grants are available for Goleta’s small businesses, but only for a short time. The grants are being provided by the Santa Barbara Better Together Fund Small Business Grant Program, which was launched in partnership with the city of Goleta, the Santa Barbara Foundation and Deckers Brands. Grants of up to $10,000 will be available for Read More →

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Latest

Deckers beats expectations with rising sales, shrinking losses in second quarter

By   /  Friday, July 31st, 2020  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Deckers beats expectations with rising sales, shrinking losses in second quarter

Goleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →

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Latest

LTC sees big revenue drop after rent losses

By   /  Friday, July 31st, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC sees big revenue drop after rent losses

LTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →

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Latest

Coalition set to unveil aerospace economic plan

By   /  Wednesday, July 29th, 2020  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Coalition set to unveil aerospace economic plan

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