UCSB ramps up cybersecurity measures
Like many of the region’s institutions and companies, UC Santa Barbara has scaled up its cybersecurity measures to better protect the university’s information systems. The university has taken out a $5 million cybersecurity insurance policy, among other measures, said Matthew Hall, the associate vice chancellor for information technology and chief information officer. It has regulator Read More →
Read More →QAD announces quarterly dividend
QAD announced a quarterly dividend of 7.2 cents per share for Class A common stock and 6 cents per share for Class B common stock on Sept. 15. QAD has declared the same dividend for 13 of the past 14 quarters. Headed by QAD President and Chairman Pamela Lopker and her husband and CEO Karl Read More →
Read More →Rocket carrying satellite to launch Sept. 16 from Vandenberg Air Force Base
An Atlas V rocket once destined for Mars will instead carry an observation satellite into orbit when it blasts off from Vandenberg Air Force Base on Sept. 16. The United Launch Alliance, a joint venture between Lockheed Martin Space Systems and Boeing Defense, Space and Security, will launch the WorldView-4 observation satellite into orbit on Read More →
Read More →Zodiac Seat Shells in Santa Maria laying off another 205 workers
Zodiac Seat Shells will lay off 205 additional workers at its Santa Maria facility, according to filings with the California Employment Development Department. The filing said the layoffs are expected to start Oct. 26. In April, Zodiac announced plans to lay off 168 employees in Santa Maria starting in June. Zodiac Seat Shells, a subsidiary Read More →
Read More →Newbury Park man gets 5 years in prison for elder scam
A Newbury Park man was sentenced to five years in state prison on Sept. 9 for his role in an investment scheme targeting elders. Rod Hormell was a financial adviser. In May, the 59-year-old pleaded guilty to felony violations of theft from an elder and fraudulent sale of securities, admitting to stealing more than $100,000. Read More →
Read More →Brown signs bill to cap idle oil, gas wells
Gov. Jerry Brown signed a bill on Sept. 9 that aims to cap more idle oil and gas wells. Assemblyman Das Williams, D-Santa Barbara, authored AB 2729, which ensures that funding is available to cap idle wells and creates disincentives for operators to maintain large numbers of idle wells. The bill also broadens the definition Read More →
Read More →Industrial project breaks ground in Simi Valley
Updated on Sept. 13 at noon: A 141,000-square-foot industrial project broke ground in Simi Valley. The four-building property coined The Point at the Simi Valley Business Center can accommodate companies looking for 30,000 to 42,000 square feet of Class A industrial space. Construction is scheduled for an April 2017 completion. “Initial interest has been strong, Read More →
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