The spirit of entrepreneurship is alive and kicking
One of the reasons why Americans seem to be discontented with the economy is that many of our largest companies seem to have lost the ability to do what Intel and others did so effectively for decades – leapfrog the competition through superior strategy. It’s certainly depressing to see that the hybrid automotive technology, which Read More →
Downtown decision – Meetings slated on proposed improvement district
Ventura city and downtown business leaders again are trying to form an improvement district to keep improving the economy by fixing streets and sidewalks and providing more security. The Downtown Ventura Organization, or DVO, is planning to hold a series of town hall-style meetings beginning Aug. 12 to discuss formation of the district. “The momentum Read More →
Just for laughs – Partners reopen Ventura Harbor Comedy
With the current state of the economy, nobody seems to be laughing – except Randy Lubas and Andres Fernandez, the new owners of the Ventura Harbor Comedy Club. “We are going to turn this into the entertainment source not just for the harbor, but everywhere else,” said co-owner Fernandez. He has been performing stand-up comedy Read More →
Deal gone bad yields lawsuit
Two men who engineered the $190 million sale of Goleta-based Indigo Systems to Oregon-based FLIR Systems have sued the firms, alleging that FLIR scuttled their attempts to start a new business venture with Raytheon and seeking damages for the lost deal. The lawsuit, filed July 10 in Santa Barbara County Superior Court, is the latest Read More →
GRT gets the most out of natural gas
Santa Barbara-based Gas Reaction Technologies, or GRT, doesn’t do alchemy, but it comes pretty close. The company, founded in 1999, has invented a process that turns natural gas that otherwise would be wasted into gasoline and other useful products. The initial advances were discovered at GRT and the University of California, Santa Barbara. On July Read More →
Ventura Co. man remains in custody for alleged unlicensed money-trading
James Michael Fayed, co-owner of a Camarillo-based international gold-trading company is being held without bail as federal prosecutors pursue a charge that he operated an unlicensed money-transmitting business since April 2006 with his wife. The indictment does not mention that Fayed’s estranged wife, Pamela, 45, was stabbed to death July 28 in a Century City Read More →
