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By Pacific Coast Business Times Staff / Monday, October 5th, 2009 / Top Stories / Comments Off on Investor tosses business bank a lifeline
While the banking crisis is still far from over, those in the Tri-Counties have a handful of indicators that things aren’t as bad as they seem. Take Ventura County Business Bank in Oxnard. A few months ago, President and Chief Executive Gerald Lukiewski was scrambling to find capital before his FDIC-imposed December deadline. Now, since Read More →
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By Pacific Coast Business Times Staff / Monday, October 5th, 2009 / Columns / Comments Off on San Luis Obispo Kohl
The former Mervyn’s in San Luis Obispo opened its doors for the first time as a Kohl’s on Sept. 30. The grand opening comes as the company unveils 37 locations across the country. The 30 new California stores, including the San Luis Obispo location, are all refurbished Mervyn’s buildings. “We are situated in a great Read More →
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By Pacific Coast Business Times Staff / Monday, October 5th, 2009 / Columns / Comments Off on 25-year view: Putting it all in perspective
Twenty-five years ago, a recently retired New York banker stopped by a cabin in New Hampshire for a chat with a few friends. I was fortunate enough to have been present that day — as a relatively new reporter for a medium-sized newspaper in Massachusetts, I got a glimpse behind the scenes on Wall Street. Read More →
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By Pacific Coast Business Times Staff / Monday, October 5th, 2009 / Technology / Comments Off on Wet gold
Water supply has been a critical issue throughout the history of the American West, but in an age when global warming concerns and an increasingly complex water distribution system create new challenges for regulators the world over, Mark Twain’s words — “Whiskey is for drinking; water is for fighting over” — have renewed meaning. In Read More →
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By Pacific Coast Business Times Staff / Monday, October 5th, 2009 / Uncategorized / Comments Off on Tsunami advisories
An 8.3 magnitude earthquake in the South Pacific near Samoa on Sept. 29 caused the National Weather Service to issue tsunami advisories for much of the California and Oregan coastlines, including the San Luis Obispo, Santa Barbara and Ventura county coastlines. No exceptionally large waves or damage were reported in the Tri-Counties. Weather officials had Read More →
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By Pacific Coast Business Times Staff / Friday, October 2nd, 2009 / Top Stories / Comments Off on News analysis: Weighing options for Pacific Capital
Pacific Capital Bancorp faces a fork in the road: Go it alone or find a stronger partner. Shareholders passed two proposals Sept. 29 that would let the parent of Santa Barbara Bank & Trust and several other tri-county banking brands go either way. The question now is what each path would hold. What’s not in Read More →
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By Pacific Coast Business Times Staff / Friday, October 2nd, 2009 / Top Stories / Comments Off on A flood of penalties
Businesses are some of the biggest water polluters in the Tri-Counties, and now they’re facing millions of dollars in penalties. Power-generating stations, oil wells and a high-end resort hotel have all run into allegations from state regulators that they failed to report water quality data or discharged pollutants in amounts greater than they were allowed. Read More →
