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Ventura County businesses see bright side, could benefit from exports

By   /  Thursday, November 12th, 2009  /  Latest news  /  Comments Off on Ventura County businesses see bright side, could benefit from exports

Ventura County business owners are more optimistic than their tri-county counterparts, economists told a gathering in Camarillo on Nov. 12. Some 31 percent of Ventura County business owners see improvement in the next three months, versus 10 percent of business owners in San Luis Obispo County and just 6.5 percent in Santa Barbara County. That’s Read More →

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Westmont remembers Fire

By   /  Thursday, November 12th, 2009  /  Uncategorized  /  Comments Off on Westmont remembers Fire

The Westmont College Student Association will host a free community reception, “One Year Later: A Tea Fire Commemoration.” The event will take place on Nov. 13, from 3:30 p.m. to 5 p.m. at the Voskuyl Prayer Chapel on campus, and will feature light refreshments, prayer and worship along with a video and photo display. On Read More →

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SLO marketing funding

By   /  Thursday, November 12th, 2009  /  Uncategorized  /  Comments Off on SLO marketing funding

On Nov. 3, the San Luis Obispo County Visitors & Conference Bureau secured a funding commitment from the Pismo Beach City Council. The bureau now has support from every incorporated city in San Luis Obispo County for the first time in more than eight years. As the official tourism marketing agency for the county, the Read More →

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Small plane crashes

By   /  Thursday, November 12th, 2009  /  Uncategorized  /  Comments Off on Small plane crashes

Just after noon on Nov. 10 the Santa Barbara City Fire Department responded to a report of a light aircraft down at the Santa Barbara Airport. Upon arrival, airport fire station personnel found a single-engine aircraft on the southeast side of the airport in the grassy area adjacent to the runway. Initial reports revealed that Read More →

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Social Venture Partners debuts as nonprofit, business collaboration

By   /  Monday, November 9th, 2009  /  Nonprofits  /  Comments Off on Social Venture Partners debuts as nonprofit, business collaboration

Some of the most prominent members of Santa Barbara’s business community are banding together to make an investment in the area’s nonprofit sector through a new Santa Barbara initiative called Social Venture Partners. Members of the area’s nonprofit and business sectors spoke about their new collaboration at a press conference at the Santa Barbara Foundation’s Read More →

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PCBC stems capital bleed despite loss

By   /  Monday, November 9th, 2009  /  Top Stories  /  Comments Off on PCBC stems capital bleed despite loss

Applying a tourniquet to its worst bleeding and quelling any immediate concerns over its survival, Santa Barbara-based Pacific Capital Bancorp lost $40.7   million in the third quarter but held its capital position steady. Federal regulators are keeping a close eye on capital levels at Pacific Capital, the parent of Santa Barbara Bank & Trust and the Read More →

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Regulators force banks to play defense

By   /  Monday, November 9th, 2009  /  Columns  /  Comments Off on Regulators force banks to play defense

Largely innocent bystanders in the financial meltdown that gripped Wall Street a year ago, community banks have been walking around with targets on their backs. A severe crackdown by regulators, including threats to get capital ratios up, shrink loan portfolios or face seizure, has put bank executives on the defensive. “We’re getting speeding tickets for Read More →