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Latest

Inogen announces net loss, predicts better 2021

By   /  Thursday, February 25th, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen announces net loss, predicts better 2021

Goleta-based Inogen reported declines in both revenue and net income due to the COVID-19 pandemic on Feb. 24, when the maker of portable oxygen concentrators released its financial results for the fourth quarter and full year of 2020. Total revenue for the fourth quarter was $74 million, a decline of 6.3% from the same quarter Read More →

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AeroVironment makes $30M AI acquisition

By   /  Wednesday, February 24th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment makes $30M AI acquisition

AeroVironment, a drone company based in Simi Valley, announced Feb. 24 that it has acquired the Intelligent Systems Group from Progeny Systems Corp. for $30 million or more in cash. The Intelligent Systems Group develops intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provides those services to United States government customers, AeroVironment said. Read More →

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Santa Maria farm pays $30k to workers to settle labor complaint

By   /  Tuesday, February 23rd, 2021  /  Agribusiness, Central Coast, Latest news, Law, right, Tri-County Economy  /  Comments Off on Santa Maria farm pays $30k to workers to settle labor complaint

More than 200 Santa Maria farmworkers received settlement checks from Rancho Laguna Farms on Feb. 21, a day after the farm agreed to a $30,000 informal settlement of an unfair labor practice charge with the California Agricultural Labor Relations Board. The board distributed checks to 212 farmworkers at the Central Coast United for a Sustainable Read More →

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LTC Properties reports income jump in fourth quarter

By   /  Tuesday, February 23rd, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC Properties reports income jump in fourth quarter

LTC Properties saw steady returns and a higher net income than a year ago when it reported its finances for the fourth quarter of 2020. The Westlake Village-based real estate investment trust, which focuses on senior housing and health care properties, reported net income of $17.5 million, or 45 cents per diluted share, for 2020’s Read More →

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Morro Bay could get world’s biggest battery facility

By   /  Friday, February 19th, 2021  /  Central Coast, Energy, Green Coast, Latest news, left, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Morro Bay could get world’s biggest battery facility

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Film Festival plans to go distanced, virtual

By   /  Friday, February 19th, 2021  /  Latest news, South Coast, Subscriber content, Tourism, Tri-County Economy  /  Comments Off on Film Festival plans to go distanced, virtual

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Downtown Santa Barbara goes to school with two colleges on the move

By   /  Friday, February 19th, 2021  /  Education, Latest news, Real Estate, South Coast, Subscriber content, Tri-County Economy  /  Comments Off on Downtown Santa Barbara goes to school with two colleges on the move

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