business news

Santa Barbara County Achieves Success with Joint Mental Health Response Teams | Mental health care in crisis

Lenny Marcus came home from work one night about six years ago to find his grown son unconscious, sitting on the floor of his Goleta home, surrounded by his own vomit. Marcus recalled how his son, then 24, could barely speak; he knew they would have to go to the hospital to pump out his …

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Travel costs are rising, but travelers are still not canceling their plans

Tales of summer travel sure ain’t what they used to be. Instead of sun, sand and surf, many travel discussions now focus on inflation, rising fuel costs and flight cancellations, a situation that could derail a much-needed return to summer travel in 2022. Travel conversations on Twitter dropped 75% from April to May, while discussions …

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The Museum of Art, Design and Architecture presents the first museum show of Native American artist Ishi Glinsky | Arts and entertainment

A year and a half ago, Gabriel Ritter visited the Chris Sharp Gallery in Los Angeles in hopes of discovering fascinating new art. He didn’t expect to be struck by a garment. “That jacket stopped me in my tracks,” he recalls. “It’s almost a story. It looks like a punk jacket or a biker jacket …

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Patagonia must stay competitive to make climate donations work: CEO

Patagonia store signs are seen on Greene Street on September 14, 2022 in New York City. Yvonne Chouinard, the founder of Patagonia, his wife and two grown children have announced that they will hand over ownership of their company, which is worth about $3 billion. The company’s private equity will now be owned by a …

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Big firms trumpet ESG. Control is increasing

As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no exception, with banks, energy producers and a host of other big businesses looking to tout their sustainability through advertisements, pledges, social media campaigns and a …

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European companies are rethinking their plans for a “closed” China

Foreign direct investment from Germany to China rose by about 30 percent in the first eight months of the year from a year earlier, China’s Ministry of Commerce said on Monday. Vcg | Visual China Group | Getty Images BEIJING — European firms in China are reassessing their market plans after this year’s Covid control …

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China’s tourism receipts were below pre-Covid 2019 levels amid lockdowns

National tourism receipts for the long weekend that ended Monday reached 28.68 billion yuan ($4.16 billion), just 60.6 percent of pre-pandemic levels in 2019, according to China’s Ministry of Culture and Tourism. Pictured here are visitors at the Nantong Intercontinental Green Expo Park in Jiangsu province on September 11, 2022. Vcg | Visual China Group …

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Goldman’s ( GS ) Apple Card business has a surprising subprime problem

America’s weakest borrowers are starting to miss payments and default on their loans, and it’s showing up in a surprising place: Goldman Sachs. While rivals such as Bank of America are enjoying payoff rates at or near record levels, Goldman’s credit card loan loss rate hit 2.93 percent in the second quarter. That’s the worst …

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