Dubroff: Status quo carries the day in Tri-Counties
The political earthquake that upended national politics triggered few aftershocks on the Central Coast. That’s the easiest way to summarize the results of races up and down the ballot in the tri-county region, where outsiders dreaming of an upset funneled millions of Democratic and Republican dollars into races for Congress and the Assembly. A number Read More →
Read More →Third quarter income down at The Trade Desk
The Trade Desk announced third quarter net income of $3.6 million, or 6 cents per share, down from $4.6 million and 10 cents per share for the same period last year. The Ventura advertising technology platform provider earned $73.6 million after costs in its initial public offering Sept. 21 and issued new product features, including Read More →
Read More →Medical marijuana collective raided, CEO arrested
Sespe Creek Collective, one of the tri-county region’s biggest and most visible medical marijuana providers, was raided by Ventura County law enforcement agencies on Nov. 3 and its CEO was arrested on suspicion of multiple felonies. Chelsea Sutula of Ventura, who runs Sespe Creek, spent the night in jail and is now free on bail. Read More →
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Housing solution key to strong Central Coast economy
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Read More →Companies sue Brooks Institute owner over pay
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Read More →Montecito Bank & Trust net income down but loan, deposit growth strong
Santa Barbara-based Montecito Bank & Trust reported $10.9 million of net income in the third quarter, down from $12.2 million over the same period last year, but had strong loan and deposit growth. In 2016, MB&T discontinued reversals of excess loan loss reserves to support loan growth, which is reflected in the reduced year-to-date net Read More →
Read More →Tri-Counties shedding fossil fuels industries
The Tri-Counties is moving away from its legacy of fossil fuels industries. The pace of that move and managing the cost of leaving oil and gas operations behind will say a lot about the region’s future prosperity. The Tri-Counties edged further away from fossil fuels on Oct. 5 when the San Luis Obispo County Planning Read More →
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