They
As we approach the end of October, Halloween forces us to think about things that are typically considered scary: monsters, witches, ghosts … the real estate market. This year has seen some truly horrific home sales statistics, and now spooked real estate agents and developers can only dream of the good ol’ days when Read More →
States sue Amgen, alleging drug kickback scheme
Thousand Oaks-based Amgen faces a lawsuit from New York, California and 13 other states alleging that the company took illegal kickbacks for Aranesp, one of the biotech firm’s top-selling kidney drugs. The case, filed Oct. 29 in federal court and being led by New York, accuses Amgen, a purchasing group and a wholesale provider of Read More →
Navy
When Secretary of the Navy Ray Mabus came to Santa Barbara to speak before the regional chapter of the Navy League, not many people had heard of the “Green Fleet.” And, indeed, there is a fair amount of public relations value involved — just as Theodore Roosevelt’s “Great White Fleet” which sailed the Pacific at Read More →
Warner credit watch
Ty Warner, Montecito resident and luxury hotel magnate, may be in danger of defaulting on debt and faces a potential ratings agency downgrade on $425 million debt backed buy four resorts, including Four Seasons in New York, according to Bloomberg News. Standard & Poor’s placed Warner’s debt on “credit watch with negative implications” after net Read More →
Paso Robles shopping center debuts with opening of Lowe
Lowe’s is now open for business in San Luis Obispo County. The home improvement store had its grand opening Oct. 23 near Highway 46 in northeastern Paso Robles. The 169,112-square-foot Lowe’s is a strong anchor for the 287,900-square-foot Golden Hills Plaza, a $70 million shopping center that is also slated to include a Bed, Bath Read More →
Fed gives Main Street the brush-off
Perhaps in some Hollywood version of reality, the Bacara resort in Goleta really could pass for The Mount Washington Hotel in Bretton Woods, New Hampshire. Bretton Woods, as it is commonly known, was the getaway spot where the framework for the modern financial system was created in the summer of 1944 as the U.S. and Read More →
