Top Stories View All →

Atara Biotherapeutics angles for $92M, but jobs are scarce

By   3 days ago

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.

Read More →

Firms shape up for success with workplace wellness programs, perks

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

By   3 days ago

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

Read More →

After Ventura County court battle, pension tensions endure

pensiongraphicscreenshot

By   3 days ago

For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck […]

Read More →

Former deputy sues Ventura County over tax break

By   3 days ago

A former Ventura County Senior Deputy Sheriff who makes $139,771 a year in retirement is suing the county after his application for a service-connected disability designation that would lower his income tax bill was denied.

Read More →

Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   3 days ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

Read More →

Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

Read More →

HG Data signs up for space in Funk Zone

Employees of Santa Barbara-based HG Data, including CEO Craig Harris, front. The company is moving from downtown to an industrial area of the city, citing lower costs. (Business Times file photo)

By   4 days ago

  HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or […]

Read More →

Crunchies moves to block takeover bid with Chapter 11 filing

By   6 days ago

Westlake Village-based Crunchies Food Co. has filed for Chapter 11 bankruptcy protection, alleging that one of its largest vendors has attempted a hostile takeover of the fast-growing freeze-dried snacks maker.

Read More →

Small Business View All →

28 tri-county firms rank on 2014 edition of Inc. 5000

By   3 days ago

Twenty-eight firms based in the Tri-Counties made the 2014 edition of Inc. magazine’s ranking of the fastest-growing private companies in the U.S. This year’s ranking was based on revenue growth between 2010 and 2013. PackIt, a company that makes bags with freezable gel in the linings that keep food and drinks cold for up to […]

Read More →

Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   3 days ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

Read More →

Pour no more: Small wineries oppose Santa Barbara County tasting-room ordinance

WineryWEb1

By   1 week ago

Many small wineries in rural areas of Santa Barbara County such as the Santa Ynez Valley may be unable to house tasting rooms or hold special events if county officials approve changes to a winery ordinance that has been in place since 2004.

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In their own words: Spirit of Small Business 2014 winners

ScreenShot

By   2 weeks ago

The Pacific Coast Business Times’ 2014 class of Spirit of Small Business winners were honored at an awards luncheon on Aug. 14, 2014 following the publication of a special edition on July 25, 2014. The special section, produced in partership with the U.S. Small Business Administration, highlights entrepreneurship in the Tri-Counties, with profiles on successful […]

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Boutique to boutique: Startup launches online fashion marketplace

Gwen Jones inside Whistle Club, a Santa Barbara boutique owned by Rebecca McKinney, right. (Nik Blaskovich / Business Times photo)

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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Persona signs deal to roll out 20 pizza restaurants in Florida

Persona offers a build-your-own pizza that cooks in 90 seconds. (courtesy photo)

By   3 weeks ago

  Santa-Barbara-based Persona Neapolitan Pizzeria has inked a franchising deal to open up to 20 stores in Florida across a 10-year span, kicking off a development plan the restaurant announced earlier this year. The State Street restaurant, which serves fast-casual, thin-crust, Neapolitan-style pizzas, is launching a string of stores in South Florida through Sager Management […]

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Startup Weekend, en Español: Entrepreneurs pitch in Santa Maria

startupweekendWEB1

By   3 weeks ago

  A design for a face-mask to protect farm laborers from dust, pesticides and sun damage took home the top spot at the first Spanish Startup Weekend in the U.S. The event, held the weekend of Aug. 1-3 in Santa Maria, gathered four teams who spent 54 hours working on prototypes and presentations for their […]

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Portable power: Ojai firm makes battery systems that can go anywhere

OESWEB1

By   1 month ago

An Ojai company’s creation that started as a way to run camera and lighting gear for on-location film shoots has evolved into a battery system that can power everything from military forces in Afghanistan to an off-grid organic vodka distillery in Hawaii.

Read More →

Technology View All →

28 tri-county firms rank on 2014 edition of Inc. 5000

By   3 days ago

Twenty-eight firms based in the Tri-Counties made the 2014 edition of Inc. magazine’s ranking of the fastest-growing private companies in the U.S. This year’s ranking was based on revenue growth between 2010 and 2013. PackIt, a company that makes bags with freezable gel in the linings that keep food and drinks cold for up to […]

Read More →

Atara Biotherapeutics angles for $92M, but jobs are scarce

By   3 days ago

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.

Read More →

Firms shape up for success with workplace wellness programs, perks

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

By   3 days ago

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

Read More →

Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   3 days ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

Read More →

Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

Read More →

Amgen seeks approval for new cholesterol drug

By   4 days ago

Amgen became the first drugmaker to seek U.S. regulatory approval for a new class of cholesterol-lowering treatments after it submitted an application to the Food and Drug Administration on Thursday for evolocumab. Thousand Oaks-based Amgen said the drug works by blocking a naturally occurring protein called PCSK9 that prevents the liver from removing LDL cholesterol, […]

Read More →

HG Data signs up for space in Funk Zone

Employees of Santa Barbara-based HG Data, including CEO Craig Harris, front. The company is moving from downtown to an industrial area of the city, citing lower costs. (Business Times file photo)

By   4 days ago

  HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or […]

Read More →

QAD’s second-quarter profits drop despite record revenue

By   5 days ago

Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the […]

Read More →

Real Estate View All →

29-acre home development in Fillmore gets council go-ahead

By   3 days ago

SunCal, a real estate development company that specializes in large-scale, mixed-use, master-planned communities, recently received final approval of an amended tentative tract map for its 29-acre residential community in Fillmore. The Fillmore City Council voted 5-0 to approve the revised plans at its July 8 meeting, according to a statement from the company. The amendment […]

Read More →

Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

Read More →

HG Data signs up for space in Funk Zone

Employees of Santa Barbara-based HG Data, including CEO Craig Harris, front. The company is moving from downtown to an industrial area of the city, citing lower costs. (Business Times file photo)

By   4 days ago

  HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or […]

Read More →

$10M Pismo Beach tract to be preserved

By   6 days ago

The Land Conservancy of San Luis Obispo now has the funds to complete the purchase of the 900-acre Pismo Preserve thanks to an additional contribution from the County Board of Supervisors.

Read More →

Pacifica Hotels, Eastern Real Estate team up on hostel takeover

Elijah Brumback

By   1 week ago

Last week, Santa Barbara firms Pacifica Hotels and Eastern Real Estate purchased the hostel from the Parker family.

Read More →

Architectural products maker to leave Carpinteria

By   2 weeks ago

Forms+Surfaces plans to vacate its 65,000-square-foot campus in Carpinteria, a move that will affect 50 jobs as it shifts work to Arizona and other parts of California.

Read More →

Ventura County Credit Union purchases former Affinity Group HQ

VistaDelMarWEB

By   2 weeks ago

Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union […]

Read More →

Santa Barbara Community Bank to open on Carrillo Street

By   2 weeks ago

OCB Bancorp has taken over the 1,600-square-foot space at 21 E. Carrillo St. in downtown Santa Barbara for its new Santa Barbara Community Bank division. The location is a new branch for Ojai-based OCB Bancorp, which announced last month that it had tapped veteran banker Eloy Ortega to lead its expansion into the South Coast. […]

Read More →

Banking & Finance View All →

Amgen seeks approval for new cholesterol drug

By   4 days ago

Amgen became the first drugmaker to seek U.S. regulatory approval for a new class of cholesterol-lowering treatments after it submitted an application to the Food and Drug Administration on Thursday for evolocumab. Thousand Oaks-based Amgen said the drug works by blocking a naturally occurring protein called PCSK9 that prevents the liver from removing LDL cholesterol, […]

Read More →

QAD’s second-quarter profits drop despite record revenue

By   5 days ago

Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the […]

Read More →

Semtech earnings on track after layoffs

By   2 weeks ago

Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the […]

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IQMS taps venture heavyweights for capital infusion

By   2 weeks ago

Paso Robles-based software firm IQMS has taken an outside investment for the first time in its 25-year history, raising an undisclosed sum from the same financiers who have backed Faceook, Expedia and Netflix. The company said Aug. 19 that Technology Crossover Ventures led the funding round with Banneker Partners participating. The terms of the deal […]

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Ventura County Credit Union purchases former Affinity Group HQ

VistaDelMarWEB

By   2 weeks ago

Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union […]

Read More →

Santa Barbara Community Bank to open on Carrillo Street

By   2 weeks ago

OCB Bancorp has taken over the 1,600-square-foot space at 21 E. Carrillo St. in downtown Santa Barbara for its new Santa Barbara Community Bank division. The location is a new branch for Ojai-based OCB Bancorp, which announced last month that it had tapped veteran banker Eloy Ortega to lead its expansion into the South Coast. […]

Read More →

Billion-dollar bond bonanza bound for ballot box

By   2 weeks ago

Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest […]

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CoastHills Credit Union expands to five counties

By   3 weeks ago

CoastHills Credit Union, the region’s largest credit union, has extended its reach from the southern edge of the Bay Area to the Los Angeles County line. The $750 million-asset financial institution said Aug. 13 that its July conversion from a federal to a state charter will allow it to set its service area as the […]

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Opinion View All →

Op/ed: Top 10 investor presentation tips you can take to the bank

By   3 days ago

By Klara Bergman The Tri-Counties has never seen such a robust environment for startups. Spanning multiple industries, ranging from software and clean tech, to food products and new restaurant concepts, dozens of innovative early-stage companies in the region are making noise — and thriving. They’re also seeking one important ingredient to success:  funding. According to […]

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Dubroff: Beneath the pink hat, a strong mind for building a business

By   3 days ago

You don’t interview Patricia Bragg. You sit in your chair trying to take notes while she tells stories and delivers a lecture or two or four on healthy living. “Sit up straight, don’t slouch, suck in your gut,” she says. “And never cross your legs.” With that, Bragg walks up and down the floor of […]

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Editorial: Earthquake worries rattle future of Diablo Canyon

By   3 days ago

The magnitude 6.0 earthquake centered in Southern Napa County this month has again brought the issue of seismic risk at the Diablo Canyon nuclear plant near San Luis Obispo onto the news pages. Reporting by the Associated Press has revealed a deep internal rift at the Nuclear Regulatory Commission. Officials in the agency are at […]

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Measure P rekindles north-south feud in Santa Barbara County

Henry Dubroff

By   1 week ago

Large energy companies, most of the North County’s elected officials and chambers of commerce and many others are firmly opposed to this November ballot measure, which would bar “high-intensity” energy production in the county.

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Editorial: Paso Robles makes progress on water issue

By   1 week ago

Gov. Jerry Brown has proved himself to be adept at the use of sharp elbows and brute power to get what he wants. His water bond is a clear example of the use of power to tame public policy — it paves the way for voters to approve a scaled-down, $7 billion issue that would […]

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Dubroff: Santa Barbara County’s Economic Vitality Team gets ready for its closeup

Henry Dubroff

By   2 weeks ago

Santa Barbara County is about to fill what some people have taken to calling the region’s doughnut hole when it comes to economic development efforts. Thanks to a $150,000 grant in the recently approved county budget, the Santa Barbara Region Chamber of Commerce will soon begin development of an Economic Vitality Team. What Chamber President […]

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Editorial: South Coast shoppers’ hunt for Target continues

By   2 weeks ago

Let the Target wars begin. South Santa Barbara County once again is in pursuit of the iconic red logo that has become a destination for typically female middle-class shoppers seeking home goods, back-to-school clothes and food at discount prices. Somehow, the South Coast wound up with K-Mart and Sears stores but Target so far has […]

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With pension measure dead, Ventura County needs a new fix

By   3 weeks ago

“You can check out any time you like, but you can never leave.” Whether or not The Eagles’ classic rock song, “Hotel California,” was written as an homage to the former Camarillo State Hospital, now the campus of CSU Channel Islands, one thing about it rings true. When it comes to the Ventura County pension […]

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East Ventura County View All →

Atara Biotherapeutics angles for $92M, but jobs are scarce

By   3 days ago

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.

Read More →

Firms shape up for success with workplace wellness programs, perks

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

By   3 days ago

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

Read More →

After Ventura County court battle, pension tensions endure

pensiongraphicscreenshot

By   3 days ago

For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck […]

Read More →

Former deputy sues Ventura County over tax break

By   3 days ago

A former Ventura County Senior Deputy Sheriff who makes $139,771 a year in retirement is suing the county after his application for a service-connected disability designation that would lower his income tax bill was denied.

Read More →

29-acre home development in Fillmore gets council go-ahead

By   3 days ago

SunCal, a real estate development company that specializes in large-scale, mixed-use, master-planned communities, recently received final approval of an amended tentative tract map for its 29-acre residential community in Fillmore. The Fillmore City Council voted 5-0 to approve the revised plans at its July 8 meeting, according to a statement from the company. The amendment […]

Read More →

Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

Read More →

Crunchies moves to block takeover bid with Chapter 11 filing

By   6 days ago

Westlake Village-based Crunchies Food Co. has filed for Chapter 11 bankruptcy protection, alleging that one of its largest vendors has attempted a hostile takeover of the fast-growing freeze-dried snacks maker.

Read More →

50 Fastest-Growing Companies 2014 announced

Mindbody, ranked No. 11 on the Business Times' 50 Fastest-Growing Companies

By   7 days ago

Learn more about this year’s featured companies and the Sept. 18 awards event.

Read More →

West Ventura County View All →

Firms shape up for success with workplace wellness programs, perks

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

By   3 days ago

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

Read More →

After Ventura County court battle, pension tensions endure

pensiongraphicscreenshot

By   3 days ago

For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck […]

Read More →

Former deputy sues Ventura County over tax break

By   3 days ago

A former Ventura County Senior Deputy Sheriff who makes $139,771 a year in retirement is suing the county after his application for a service-connected disability designation that would lower his income tax bill was denied.

Read More →

Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   3 days ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

Read More →

29-acre home development in Fillmore gets council go-ahead

By   3 days ago

SunCal, a real estate development company that specializes in large-scale, mixed-use, master-planned communities, recently received final approval of an amended tentative tract map for its 29-acre residential community in Fillmore. The Fillmore City Council voted 5-0 to approve the revised plans at its July 8 meeting, according to a statement from the company. The amendment […]

Read More →

Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

Read More →

50 Fastest-Growing Companies 2014 announced

Mindbody, ranked No. 11 on the Business Times' 50 Fastest-Growing Companies

By   7 days ago

Learn more about this year’s featured companies and the Sept. 18 awards event.

Read More →

Venoco to sell Oxnard oil field for $200M

By   1 week ago

With revenue sagging and pressure mounting to reduce its debt load, Venoco has agreed to sell an oil field near Oxnard for $200 million.

Read More →

South Coast View All →

Firms shape up for success with workplace wellness programs, perks

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

By   3 days ago

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

Read More →

After Ventura County court battle, pension tensions endure

pensiongraphicscreenshot

By   3 days ago

For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck […]

Read More →

Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   3 days ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

Read More →

29-acre home development in Fillmore gets council go-ahead

By   3 days ago

SunCal, a real estate development company that specializes in large-scale, mixed-use, master-planned communities, recently received final approval of an amended tentative tract map for its 29-acre residential community in Fillmore. The Fillmore City Council voted 5-0 to approve the revised plans at its July 8 meeting, according to a statement from the company. The amendment […]

Read More →

Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

Read More →

QAD’s second-quarter profits drop despite record revenue

By   5 days ago

Shares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the […]

Read More →

Santa Barbara chamber opposes anti-oil effort Measure P

By   5 days ago

Proponents of Santa Barbara County’s Measure P, an anti-fracking measure that could also shut down conventional oil and gas production, suffered a setback on Aug. 27 when the largest South Coast chamber of commerce said it opposed the November ballot initiative. The Santa Barbara Region Chamber of Commerce said that its board voted to “urge […]

Read More →

50 Fastest-Growing Companies 2014 announced

Mindbody, ranked No. 11 on the Business Times' 50 Fastest-Growing Companies

By   7 days ago

Learn more about this year’s featured companies and the Sept. 18 awards event.

Read More →

Central Coast View All →

Firms shape up for success with workplace wellness programs, perks

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

By   3 days ago

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

Read More →

After Ventura County court battle, pension tensions endure

pensiongraphicscreenshot

By   3 days ago

For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck […]

Read More →

Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   3 days ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

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29-acre home development in Fillmore gets council go-ahead

By   3 days ago

SunCal, a real estate development company that specializes in large-scale, mixed-use, master-planned communities, recently received final approval of an amended tentative tract map for its 29-acre residential community in Fillmore. The Fillmore City Council voted 5-0 to approve the revised plans at its July 8 meeting, according to a statement from the company. The amendment […]

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Stantec to buy tri-county engineering firm Penfield & Smith

Penfield & Smith president and CEO Hady Izadpanah. (courtesy photo)

By   4 days ago

Stantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business […]

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Santa Barbara chamber opposes anti-oil effort Measure P

By   5 days ago

Proponents of Santa Barbara County’s Measure P, an anti-fracking measure that could also shut down conventional oil and gas production, suffered a setback on Aug. 27 when the largest South Coast chamber of commerce said it opposed the November ballot initiative. The Santa Barbara Region Chamber of Commerce said that its board voted to “urge […]

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$10M Pismo Beach tract to be preserved

By   6 days ago

The Land Conservancy of San Luis Obispo now has the funds to complete the purchase of the 900-acre Pismo Preserve thanks to an additional contribution from the County Board of Supervisors.

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50 Fastest-Growing Companies 2014 announced

Mindbody, ranked No. 11 on the Business Times' 50 Fastest-Growing Companies

By   7 days ago

Learn more about this year’s featured companies and the Sept. 18 awards event.

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