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Ventura BioCenter provides facilities, equipment for startups

George Savic of Analytical Ventura prepares pipe samples in his incubator space at the Ventura BioCenter.

By   2 hours ago

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Happy Harry’s in Goleta on selling block, deal pending

By   2 hours ago

The freshest news in Goleta is that Happy Harry’s Produce Market is looking for new owners as three longtime partners split ways. Located at 7020 Calle Real, near the Glen Annie and Storke Road exit off Highway 101, the green grocer and all-natural foods store is on the market for just under $2.4 million. The […]

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Vintners decry proposed changes to Santa Barbara County winery ordinance

A worker harvests Shiraz grapes by hand at the Helen & Joey Estate vineyard in the Yarra Valley region of Greater Melbourne, Australia, on Monday, March 23, 2015. Though the area's 100-plus wineries make only 4 percent of Australia's wine, the Yarra Valley is a hotbed of young ambitious winemakers. Photographer: Carla Gottgens/Bloomberg

By   3 hours ago

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Drought will make water pricey, stymie development

By   3 hours ago

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Tri-county drone companies compete for air supremacy

18 drones web

By   3 hours ago

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Refugio oil spill pinches tri-county small businesses

Jaime Diamond, owner of the Coral Sea and Stardust Sportfishing.

By   4 hours ago

Jamie Diamond is thrilled that the region’s fishing ban has been lifted but her sportfishing business is still reeling from the Refugio oil spill. Diamond has owned and operated Santa Barbara-based Stardust Sportfishing with her husband Jason for the past 20 years. They take private charters and open parties of tourists and local regulars fishing […]

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UC sells ag land in Ventura to South Coast homebuilder, proceeds could help fund new research center

By   21 hours ago

The roughly 36-acre parcel located at the southeast corner of Saticoy Avenue and Telegraph road was sold to Williams Homes — the top bidder for the land — and comes with entitlements to build a new residential neighborhood.

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Baxter Bioscience becomes Baxalta

By   2 days ago

East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the […]

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Small Business View All →

Ventura BioCenter provides facilities, equipment for startups

George Savic of Analytical Ventura prepares pipe samples in his incubator space at the Ventura BioCenter.

By   2 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →

Refugio oil spill pinches tri-county small businesses

Jaime Diamond, owner of the Coral Sea and Stardust Sportfishing.

By   4 hours ago

Jamie Diamond is thrilled that the region’s fishing ban has been lifted but her sportfishing business is still reeling from the Refugio oil spill. Diamond has owned and operated Santa Barbara-based Stardust Sportfishing with her husband Jason for the past 20 years. They take private charters and open parties of tourists and local regulars fishing […]

Read More →

Vapur relocates distribution center from Midwest to Oxnard

From left, Vapur marketing manager Francesca Hardy, co-founder Brent Reinke, co-founder Dave Czerwinski, and sales manager Ashley Doran in the new Vapur distribution center, which recently moved to Oxnard.

By   1 week ago

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Supreme Court rules for small business owners, not government

By   1 week ago

Big companies can afford armies of lawyers to keep government regulators at bay. Just look at the big banks’ response to the financial crisis or the clever-but-stupid way Plains All American used the courts to get around state pipeline regulations, then had a nasty oil spill due to negligence or worse. But rare is the […]

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Santa Barbara-based Ontraport named great place for millennials to work

By   1 week ago

Ontraport, a Santa Barbara-based small businesses management and marketing company, made the Fortune Magazine and Great Places to Work “100 Best Companies for Millennials” list. Ontraport is ranked No. 81 on the list, which looks at what millennials value most when finding a workplace. Respondents to Fortune’s survey said they desire open communication, collaboration, and […]

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State Street becoming factory outlet center

By   2 weeks ago

It was a retail icon, a testament to the 1990s rise of State Street in Santa Barbara as a shopping mecca. The very name oozed luxury and aspiration. Saks Fifth Avenue. And soon it will be gone. The property at the corner of State and Carrillo streets in the 1000 block of the center of […]

Read More →

Paso Robles wine castle’s woes fade into medieval history

Rob Murray, a longtime vineyard owner who has moved into winemaking with Tooth & Nail Winery, shown with Direct to Consumer Manager Jo Armstrong.

By   2 weeks ago

The former Eagle Castle Winery, a Paso Robles wine country landmark overlooking Highway 46 West, has emerged from its version of the Dark Ages with a more modern look and visitor-friendly improvements after sitting vacant for 18 months and being sold while under Chapter 11 bankruptcy protection. Now the home of Tooth & Nail Winery, […]

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San Luis Obispo supervisors deny appeal over Harbor Terrace project

An appeal of a development project near Avila Beach was denied June 16.

By   2 weeks ago

On June 16, Michael Kidd and his Concerned Citizens for Avila army rallied as hard as they could against a proposed redevelopment of 32 acres in the hills above the Port San Luis Harbor District, but couldn’t stop more than a decade of momentum behind the project. The proposed $20 million development could include up […]

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Technology View All →

Ventura BioCenter provides facilities, equipment for startups

George Savic of Analytical Ventura prepares pipe samples in his incubator space at the Ventura BioCenter.

By   2 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Tri-county drone companies compete for air supremacy

18 drones web

By   3 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Baxter Bioscience becomes Baxalta

By   2 days ago

East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the […]

Read More →

Appfolio has successful IPO; stock closes Monday at $13.70

Robert Greifeld, Nasdaq CEO, left, and Brian Donahoo, AppFolio CEO.

By   7 days ago

Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 […]

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Vapur relocates distribution center from Midwest to Oxnard

From left, Vapur marketing manager Francesca Hardy, co-founder Brent Reinke, co-founder Dave Czerwinski, and sales manager Ashley Doran in the new Vapur distribution center, which recently moved to Oxnard.

By   1 week ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Tri-county tech scene taking off

By   1 week ago

The tri-county tech scene is buzzing at a rate unseen since the dot-com boom of the late 1990s and early 2000s. Invoca, the Santa Barbara-based telephone marketing automation firm, has joined the ranks of companies in the Tri-Counties on the path to an IPO. Invoca’s announcement June 25 capped a whirlwind spring for tri-county tech […]

Read More →

Westlake Village-based Qualstar Corp. releases Q1 archive solution

By   1 week ago

Westlake Village-based Qualstar Corp., a manufacturer of data and archive storage solutions and high efficiency power supplies, released the Qualstar Q1 on Thursday. The Qualstar Q1 is a archive solution to transfer and archive data. Qualstar describes the product as a cost effective solution for people who want to restore archives or review data. The […]

Read More →

Goleta-based Transphorm gets $70M investment

By   1 week ago

Goleta-based Transphorm has received a $70 million investment. Transphorm, an early stage semi-conductor company focused on creating ways to convert electricity more efficiently, announced the investment Monday, which was led by global investment firm KKR. Transphorm will use the money to fund product innovation and expansion projects. “By merging the technological leadership of Transphorm with […]

Read More →

Real Estate View All →

UC sells ag land in Ventura to South Coast homebuilder, proceeds could help fund new research center

By   21 hours ago

The roughly 36-acre parcel located at the southeast corner of Saticoy Avenue and Telegraph road was sold to Williams Homes — the top bidder for the land — and comes with entitlements to build a new residential neighborhood.

Read More →

SLO forum highlights new infrastructure tool for cities

By   1 week ago

The San Luis Obispo Regional Forum, organized by the Economic Vitality Corp., recently brought together more than 45 elected officials, local government representatives and private industry stakeholders in the same room talking about infrastructure. The forum was opened by Mike Manchak, president and CEO of the Economic Vitality Corp., and Guy Savage, deputy administrative officer […]

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Carpinteria office campus sale largest deal this year

By   1 week ago

Santa Monica-based Montana Avenue Capital Partners purchased the 118,394-square-foot oceanfront office campus at 6303-6309 Carpinteria Ave. in Carpinteria in a record setting deal, according to brokers who worked on the deal. The sale price was not disclosed, although the property was listed for $32.5 million. Francois DeJohn and Steve Hayes of Hayes Commercial Group represented […]

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State Street becoming factory outlet center

By   2 weeks ago

It was a retail icon, a testament to the 1990s rise of State Street in Santa Barbara as a shopping mecca. The very name oozed luxury and aspiration. Saks Fifth Avenue. And soon it will be gone. The property at the corner of State and Carrillo streets in the 1000 block of the center of […]

Read More →

San Luis Obispo supervisors deny appeal over Harbor Terrace project

An appeal of a development project near Avila Beach was denied June 16.

By   2 weeks ago

On June 16, Michael Kidd and his Concerned Citizens for Avila army rallied as hard as they could against a proposed redevelopment of 32 acres in the hills above the Port San Luis Harbor District, but couldn’t stop more than a decade of momentum behind the project. The proposed $20 million development could include up […]

Read More →

Local companies relocating to bigger spaces in Goleta

By   3 weeks ago

Seek Thermal was getting too big for its britches at its former headquarters just off Calle Real in Goleta, so the company recently sized up to 10,000-plus square feet of space at 111 Castilian Drive. The company, which makes thermal imaging devices for the consumer market, is effectively doubling its footprint in its move from […]

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Even Kanye isn’t sure about $100M for Neverland Ranch

Neverland Ranch

By   4 weeks ago

The latest rumor to moonwalk around the blogosphere is that rapper Kanye West is interested in buying Michael Jackson’s former Neverland estate — but for nowhere near the asking price. Colony Capital, the Santa Monica-based firm headed by real estate mogul Tom Barrack, is trying to sell the late pop star’s notorious estate for $100 […]

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High-end hotelier Rosewood will run Caruso’s Miramar resort

Aerial Watercolor.jpg

By   4 weeks ago

With luxury resort operator Rosewood Hotels & Resorts signed on to run the Miramar resort and a large construction loan secured, some of the final pieces of the nearly decade-long puzzle are falling into place. Terms of the agreement weren’t disclosed when the deal was announced on June 3. But talks between the two firms […]

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Banking & Finance View All →

Going public with companies fuels healthy communities in Tri-Counties

By   1 hour ago

The health of our communities is directly tied to the health of our local businesses. We cannot have one without the other. Although in good economic times it is easy to lose sight of our region’s competiveness to attract and retain businesses in a world where many companies can operate from anywhere. If our communities […]

Read More →

Baxter Bioscience becomes Baxalta

By   2 days ago

East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the […]

Read More →

James W. Lokey appointed to board of Community West Bancshares

By   4 days ago

Veteran community banker James W. Lokey has been appointed to the board of Community West Bancshares, bringing a veteran dealmaker into the Community West ranks and strengthening the Goleta-based bank’s push into San Luis Obispo County. Lokey, a resident of SLO County, was the longtime CEO of Mid-State Bank & Trust and negotiated that bank’s […]

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Appfolio has successful IPO; stock closes Monday at $13.70

Robert Greifeld, Nasdaq CEO, left, and Brian Donahoo, AppFolio CEO.

By   7 days ago

Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 […]

Read More →

Tri-county tech scene taking off

By   1 week ago

The tri-county tech scene is buzzing at a rate unseen since the dot-com boom of the late 1990s and early 2000s. Invoca, the Santa Barbara-based telephone marketing automation firm, has joined the ranks of companies in the Tri-Counties on the path to an IPO. Invoca’s announcement June 25 capped a whirlwind spring for tri-county tech […]

Read More →

Goleta-based Transphorm gets $70M investment

By   1 week ago

Goleta-based Transphorm has received a $70 million investment. Transphorm, an early stage semi-conductor company focused on creating ways to convert electricity more efficiently, announced the investment Monday, which was led by global investment firm KKR. Transphorm will use the money to fund product innovation and expansion projects. “By merging the technological leadership of Transphorm with […]

Read More →

Reality sets in for San Luis Obispo’s MindBody

By   2 weeks ago

For San Luis Obispo’s MindBody, reality has set in. The party is over. After early excitement about its initial public offering Friday, reality set in when shares plummeted about 17.4 percent by the end of the day. MindBody shares were rebounding slightly Monday morning. MindBody raised $101 million by selling 7.2 million shares at $14 […]

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Westlake Village’s Cynvenio Biosystems raises $25.5 million in equity financing

By   2 weeks ago

Westlake Village-based Cynvenio Biosystems raised $25.5 million in Series B equity financing Wednesday. Cynvenio’s LiquidBiopsy technology allows doctors to access populations of rare cancer cells in whole blood. At the same time, it allows doctors to analyze complex characteristics of cancers in a single blood sample. The investment was led by Livzon Pharmaceutical Group, which […]

Read More →

Opinion View All →

Going public with companies fuels healthy communities in Tri-Counties

By   1 hour ago

The health of our communities is directly tied to the health of our local businesses. We cannot have one without the other. Although in good economic times it is easy to lose sight of our region’s competiveness to attract and retain businesses in a world where many companies can operate from anywhere. If our communities […]

Read More →

‘Making things right’ after Refugio oil spill more than lip service

A California Highway Patrol officer warns volunteers who showed up May 20 to clean up oil near Refugio State Beach from a 21,000-gallon pipeline spill to leave the area because it was too hazardous.

Photo by Debra Giles

By   2 hours ago

Plains All American Pipeline, the Houston-based company responsible for the oil spill near Refugio Beach on May 19, should stop the bullshit. Plains’ aversion to providing honest answers about the spill was on full display June 26 at a joint oversight hearing by the Assembly Natural Resources Committee and the Senate Select Committee on the […]

Read More →

A look at Central Coast entrepreneurial ecosystem

By   1 week ago

Entrepreneurship is a word we hear often, with good reason: More people are choosing to forgo the predictable paycheck as an employee for the opportunity to spin their idea into a tangible business of their own. For the first time in five years, the Startup Activity Index rose in 2015, showing the largest year-over-year increase […]

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Trans Pacific Partnership will benefit Tri-Counties

By   1 week ago

The Obama Administration racked up one of the biggest wins in decades for global trade when it won approval in the Senate to move forward with the Trans Pacific Partnership. The partnership will open the doors for trade and development with a dozen Asian nations. China is not included but passage of TPP, which is […]

Read More →

State Street becoming factory outlet center

By   2 weeks ago

It was a retail icon, a testament to the 1990s rise of State Street in Santa Barbara as a shopping mecca. The very name oozed luxury and aspiration. Saks Fifth Avenue. And soon it will be gone. The property at the corner of State and Carrillo streets in the 1000 block of the center of […]

Read More →

Central Coast economy depends on politicians, Plains making it right

Workers donned protective gear to clean up the Refugio oil spill.

By   3 weeks ago

When it comes to oil and politics, the conventional wisdom has been that Central Coast politicians can’t overplay their hands in expressing outrage over environmental issues. That conventional wisdom is about to get a major test. Already a parade of elected officials has toured the damage wrought by the May 19 oil spill that made […]

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Mindbody, Appfolio IPOs might be start of South Coast tech boom

By   3 weeks ago

You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the […]

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Oil spill claims process will likely be long, ugly legal battle

Workers clean up the Refugio oil spill.

By   3 weeks ago

Plains All American Pipeline is taking a page straight out of BP’s oil spill response playbook, according  to at least one attorney with firsthand experience in oil spill litigation. Thomas Young, a Tampa-based attorney who went to work trying to secure claims for clients in the aftermath of the BP Deepwater Horizon disaster, told the […]

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East Ventura County View All →

Baxter Bioscience becomes Baxalta

By   2 days ago

East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the […]

Read More →

Westlake Village-based Qualstar Corp. releases Q1 archive solution

By   1 week ago

Westlake Village-based Qualstar Corp., a manufacturer of data and archive storage solutions and high efficiency power supplies, released the Qualstar Q1 on Thursday. The Qualstar Q1 is a archive solution to transfer and archive data. Qualstar describes the product as a cost effective solution for people who want to restore archives or review data. The […]

Read More →

Allergan buys Westlake Village-based Kythera for $2.1 billion

By   2 weeks ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Entrepreneurs in Tri-Counties leading resurgence of innovation

By   2 weeks ago

Amid a startup wave in Santa Monica, a revitalizing downtown and an emerging tech corridor on Highway 101, a younger and hipper group of entrepreneurs is beginning to reshape the corporate culture of Greater Los Angeles. That’s part of the reason why it put a smile on my face to see two companies from Ventura […]

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Allergan buying Westlake Village-based Kythera Biopharmaceuticals Inc.

By   2 weeks ago

Just a few months after it shut a Santa Barbara facility, Botox-maker Allergan has re-entered the Tri-Counties, agreeing to buy Kythera Biopharmaceuticals Inc. for about $2.1 billion. The deal will add the Westlake Village-based Kythera’s treatments for double chins and male pattern baldness to Allergan’s existing line of products, including a breast implant operation formerly […]

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Fighting for control of hospice dollars in Tri-Counties

Ted Hughes speaks with massage therapist Denise Zayas at Sarah's House, a hospice in Santa Barbara. Hughes died on June 5.

By   3 weeks ago

  Gardening made Ted Hughes feel alive. The gentle caress of the soil, a flower’s sweet smell — they grounded Hughes, who was dying of cancer, reminding him to live in the moment. “It gives you a chance to see that there’s more to life than what you’re living in,” Hughes said before passing away […]

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Amgen boosts outlook on positive first-quarter results

By   2 months ago

On the strength on the results, the company raised its full-year earnings per share guidance to between $9.35 and $9.65 from its previous forecast of $9.05 to $9.40.

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Amgen alum speeds toward OK for chin drug

By   3 months ago

Known as ATX-101, the facial injection for the treatment of double chins has been recommended for approval by an FDA advisory committee.

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West Ventura County View All →

Ventura BioCenter provides facilities, equipment for startups

George Savic of Analytical Ventura prepares pipe samples in his incubator space at the Ventura BioCenter.

By   2 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →

Drought will make water pricey, stymie development

By   3 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →

Trans Pacific Partnership will benefit Tri-Counties

By   1 week ago

The Obama Administration racked up one of the biggest wins in decades for global trade when it won approval in the Senate to move forward with the Trans Pacific Partnership. The partnership will open the doors for trade and development with a dozen Asian nations. China is not included but passage of TPP, which is […]

Read More →

Vapur relocates distribution center from Midwest to Oxnard

From left, Vapur marketing manager Francesca Hardy, co-founder Brent Reinke, co-founder Dave Czerwinski, and sales manager Ashley Doran in the new Vapur distribution center, which recently moved to Oxnard.

By   1 week ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →

SLO forum highlights new infrastructure tool for cities

By   1 week ago

The San Luis Obispo Regional Forum, organized by the Economic Vitality Corp., recently brought together more than 45 elected officials, local government representatives and private industry stakeholders in the same room talking about infrastructure. The forum was opened by Mike Manchak, president and CEO of the Economic Vitality Corp., and Guy Savage, deputy administrative officer […]

Read More →

Ventura County Medical Center seismic upgrades on track

Jack Reddehase, left, project manager for Clark Construction, talks about the new wing being built at Ventura County Medical Center. At right is Matt Ehret, project director of the Ventura County Engineering Services Department.

By   1 week ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →

Tri-county tech scene taking off

By   1 week ago

The tri-county tech scene is buzzing at a rate unseen since the dot-com boom of the late 1990s and early 2000s. Invoca, the Santa Barbara-based telephone marketing automation firm, has joined the ranks of companies in the Tri-Counties on the path to an IPO. Invoca’s announcement June 25 capped a whirlwind spring for tri-county tech […]

Read More →

Westlake Village’s Cynvenio Biosystems raises $25.5 million in equity financing

By   2 weeks ago

Westlake Village-based Cynvenio Biosystems raised $25.5 million in Series B equity financing Wednesday. Cynvenio’s LiquidBiopsy technology allows doctors to access populations of rare cancer cells in whole blood. At the same time, it allows doctors to analyze complex characteristics of cancers in a single blood sample. The investment was led by Livzon Pharmaceutical Group, which […]

Read More →

South Coast View All →

‘Making things right’ after Refugio oil spill more than lip service

A California Highway Patrol officer warns volunteers who showed up May 20 to clean up oil near Refugio State Beach from a 21,000-gallon pipeline spill to leave the area because it was too hazardous.

Photo by Debra Giles

By   2 hours ago

Plains All American Pipeline, the Houston-based company responsible for the oil spill near Refugio Beach on May 19, should stop the bullshit. Plains’ aversion to providing honest answers about the spill was on full display June 26 at a joint oversight hearing by the Assembly Natural Resources Committee and the Senate Select Committee on the […]

Read More →

Vintners decry proposed changes to Santa Barbara County winery ordinance

A worker harvests Shiraz grapes by hand at the Helen & Joey Estate vineyard in the Yarra Valley region of Greater Melbourne, Australia, on Monday, March 23, 2015. Though the area's 100-plus wineries make only 4 percent of Australia's wine, the Yarra Valley is a hotbed of young ambitious winemakers. Photographer: Carla Gottgens/Bloomberg

By   3 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Dubroff: Litigation, criminal probe could put squeeze on oil pipeline operator

Workers clean up the Refugio oil spill.

By   3 hours ago

When Barry Cappello litigates, people listen. Which is why his June 23 lawsuit seeking class action status and unspecified damages against Plains All American Pipeline may prove to be a turning point in the sorry history of the Refugio oil spill. “It was a disaster waiting to happen again and again,” is the way Cappello […]

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Drought will make water pricey, stymie development

By   3 hours ago

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Read More →

Refugio oil spill pinches tri-county small businesses

Jaime Diamond, owner of the Coral Sea and Stardust Sportfishing.

By   4 hours ago

Jamie Diamond is thrilled that the region’s fishing ban has been lifted but her sportfishing business is still reeling from the Refugio oil spill. Diamond has owned and operated Santa Barbara-based Stardust Sportfishing with her husband Jason for the past 20 years. They take private charters and open parties of tourists and local regulars fishing […]

Read More →

UC sells ag land in Ventura to South Coast homebuilder, proceeds could help fund new research center

By   21 hours ago

The roughly 36-acre parcel located at the southeast corner of Saticoy Avenue and Telegraph road was sold to Williams Homes — the top bidder for the land — and comes with entitlements to build a new residential neighborhood.

Read More →

Refugio oil spill cleanup costs near $100 million

Patrick Hodgins, director of safety and security for Plains All American Pipeline, answers questions about the Refugio oil spill at the Santa Barbara County Board of Supervisors hearing room Friday. (Alex Kacik)

By   6 days ago

  Plains All American Pipeline estimates that the cleanup of the oil spill near Refugio Beach has cost $96 million thus far, but the economic and environmental consequences may be more difficult to quantify. The Assembly Natural Resources Committee and Senate Select Committee on the Refugio Oil Spill held a joint oversight hearing at the […]

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Appfolio has successful IPO; stock closes Monday at $13.70

Robert Greifeld, Nasdaq CEO, left, and Brian Donahoo, AppFolio CEO.

By   7 days ago

Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 […]

Read More →

Central Coast View All →

Going public with companies fuels healthy communities in Tri-Counties

By   1 hour ago

The health of our communities is directly tied to the health of our local businesses. We cannot have one without the other. Although in good economic times it is easy to lose sight of our region’s competiveness to attract and retain businesses in a world where many companies can operate from anywhere. If our communities […]

Read More →

‘Making things right’ after Refugio oil spill more than lip service

A California Highway Patrol officer warns volunteers who showed up May 20 to clean up oil near Refugio State Beach from a 21,000-gallon pipeline spill to leave the area because it was too hazardous.

Photo by Debra Giles

By   2 hours ago

Plains All American Pipeline, the Houston-based company responsible for the oil spill near Refugio Beach on May 19, should stop the bullshit. Plains’ aversion to providing honest answers about the spill was on full display June 26 at a joint oversight hearing by the Assembly Natural Resources Committee and the Senate Select Committee on the […]

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Vintners decry proposed changes to Santa Barbara County winery ordinance

A worker harvests Shiraz grapes by hand at the Helen & Joey Estate vineyard in the Yarra Valley region of Greater Melbourne, Australia, on Monday, March 23, 2015. Though the area's 100-plus wineries make only 4 percent of Australia's wine, the Yarra Valley is a hotbed of young ambitious winemakers. Photographer: Carla Gottgens/Bloomberg

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Dubroff: Litigation, criminal probe could put squeeze on oil pipeline operator

Workers clean up the Refugio oil spill.

By   3 hours ago

When Barry Cappello litigates, people listen. Which is why his June 23 lawsuit seeking class action status and unspecified damages against Plains All American Pipeline may prove to be a turning point in the sorry history of the Refugio oil spill. “It was a disaster waiting to happen again and again,” is the way Cappello […]

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Drought will make water pricey, stymie development

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James W. Lokey appointed to board of Community West Bancshares

By   4 days ago

Veteran community banker James W. Lokey has been appointed to the board of Community West Bancshares, bringing a veteran dealmaker into the Community West ranks and strengthening the Goleta-based bank’s push into San Luis Obispo County. Lokey, a resident of SLO County, was the longtime CEO of Mid-State Bank & Trust and negotiated that bank’s […]

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A look at Central Coast entrepreneurial ecosystem

By   1 week ago

Entrepreneurship is a word we hear often, with good reason: More people are choosing to forgo the predictable paycheck as an employee for the opportunity to spin their idea into a tangible business of their own. For the first time in five years, the Startup Activity Index rose in 2015, showing the largest year-over-year increase […]

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Trans Pacific Partnership will benefit Tri-Counties

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The Obama Administration racked up one of the biggest wins in decades for global trade when it won approval in the Senate to move forward with the Trans Pacific Partnership. The partnership will open the doors for trade and development with a dozen Asian nations. China is not included but passage of TPP, which is […]

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