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By Pacific Coast Business Times Staff / Monday, September 21st, 2009 / Top Stories / Comments Off on Flir scores victory in Raytheon battle
In one of the most-watched legal fights in the defense industry, infrared camera maker Flir Systems has won a preliminary victory against Raytheon over infrared sensor technology developed in Goleta. In 2007, Raytheon sued Flir, alleging the smaller company had stolen its trade secrets, competed unfairly and infringed its patents. On Aug. 31, a federal Read More →
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By Pacific Coast Business Times Staff / Saturday, September 19th, 2009 / Uncategorized / Comments Off on GreatWay presents
The Best of Success roofing industry conference selected Rod Menzel for a presentation at its fifth annual conference in Nashville, Tennessee. Menzel is the founder of GreatWay Roofing, a commercial and residential roofing company. He was also selected as this year’s winner in the Green Business category for the Business Times’ Spirit of Small Business Read More →
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By Pacific Coast Business Times Staff / Saturday, September 19th, 2009 / Uncategorized / Comments Off on Dole banana saga continues
A federal judge in Miami said he may decide that Westlake Village-based Dole Food Inc. can’t be forced to pay a Nicaraguan court’s $97 million verdict awarded to banana plantation workers, Bloomberg News reported. In a Sept. 4 hearing, U.S. District Judge Paul C. Huck said that he didn’t see how he could sustain Read More →
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By Pacific Coast Business Times Staff / Wednesday, September 16th, 2009 / Top Stories / Comments Off on Green Coast goes to Washington
WASHINGTON, D.C. — With the Obama administration nudging climate change toward the top of the political agenda, the new energy economy was a timely topic as 25 business and community leaders from the Tri-Counties convened for a day of discussions hosted by U.S. Rep. Lois Capps, D-Santa Barbara. Capps said she was encouraged by efforts Read More →
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By Staff Report / Monday, September 14th, 2009 / Latest news / Comments Off on Local economist: Real estate will unfreeze slowly
Luxury home prices are likely to remain frozen at current levels for a long time, a lingering effect of the panic that disrupted financial markets a year ago, a top economist said in Santa Barbara. Speaking on the anniversary of the collapse of Lehman Brothers, California State University Channel Islands economist Sung Won Sohn said Read More →
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By Pacific Coast Business Times Staff / Monday, September 14th, 2009 / Top Stories / Comments Off on $22M bankruptcy spotlights Montecito
A year after the worst market quake since the Great Depression, aftershocks from the credit crunch are rumbling through Montecito’s upper crust. Patricia Klink filed for Chapter 11 bankruptcy protection Aug. 17 with $29.3 million in assets and $22.2 million in liabilities. She is the wife of John Klink, a longtime high-level Vatican adviser whose anti-abortion Read More →
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By Pacific Coast Business Times Staff / Monday, September 14th, 2009 / Columns / Comments Off on San Luis Obispo holds its own in commercial real estate market
While San Luis Obispo was busy weighing the pros and cons of a possible Target or an Ernie Dalidio development, Lee & Associates released its commercial real estate update, which showed that vacancy is actually down 33 percent from a year ago. The commercial vacancy rate for San Luis Obispo County is relatively small at Read More →
