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Oxnard merits better treatment in capital

By   /  Monday, August 31st, 2009  /  Opinion  /  Comments Off on Oxnard merits better treatment in capital

Oxnard is the biggest city in the biggest county in the tri-county region. It has a pro-business attitude, plenty of land and utility resources, a large and eager workforce and a desire to lead the state’s economic recovery. But that apparently means nothing in Sacramento, where the California Enterprise Zone Program recently turned down Oxnard’s Read More →

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Heritage Oaks defies trend, shares up 40% year-to-date

By   /  Monday, August 31st, 2009  /  Top Stories  /  Comments Off on Heritage Oaks defies trend, shares up 40% year-to-date

Amid some of the largest shake-ups to hit the tri-county banking world, one area bank has emerged seemingly unscathed. Paso Robles-based Heritage Oaks Bancorp, holding company of Heritage Oaks Bank, which also includes Business First Bank, has seen its stock price surge by almost 40 percent year-to-date — a sharp contrast to the performance of Read More →

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Scooting along

By   /  Monday, August 31st, 2009  /  Top Stories  /  Comments Off on Scooting along

Tri-county consumers are cutting back on extravagant toys as their investments diminish and jobs grow less secure. But while big motorcycles may be experiencing a slump in sales, those looking to lower their expenses are seeking out small scooters as a pragmatic way of around-town transportation. “We’re seeing a lot of inconsistency,” said Carlin Dunne, Read More →

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Breaking news: Affinity Bank seized by regulators

By   /  Friday, August 28th, 2009  /  Latest news  /  Comments Off on Breaking news: Affinity Bank seized by regulators

In the first bank failure in the Tri-Counties in almost 20 years, Ventura-based Affinity Bank was seized by federal regulators Aug. 28. The Federal Deposit Insurance Corp. took Affinity into receivership and said San Diego-based Pacific Western Bank will assume Affinity’s ten branches and $922 million in deposits. Pacific Western also agreed to buy essentially Read More →

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In memoriam: Brian Wolverton

By   /  Friday, August 28th, 2009  /  Opinion  /  Comments Off on In memoriam: Brian Wolverton

These days we spend our time consumed with the economy, business, careers, politics and family matters and we often forget that others are doing far more important work on behalf of our nation.   Our freedom to speak, conduct commerce and fret about all things American ultimately relies on our nation’s ability to defend itself. Read More →

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State order targets PRstore sales pitch

By   /  Thursday, August 27th, 2009  /  Top Stories  /  Comments Off on State order targets PRstore sales pitch

[Editor’s note: This story appeared in the Aug. 21 print edition of the Business Times. Ira Distenfield’s response, attached below, will appear in the Aug. 28 print edition. Source documents used to report this story are also attached below.] Ira Distenfield, the Santa Barbara man who built up and sold legal services franchise We the Read More →

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Legal discord over music festival

By   /  Wednesday, August 26th, 2009  /  Latest news  /  Comments Off on Legal discord over music festival

[Editor’s note: See correction below.] A battle of the band bookers is breaking out in Santa Barbara. The organizers of the West Beach Music & Arts Festival face a civil lawsuit from another concert organizer who demands nearly $500,000. Jackie Kane also alleges that the West Beach organizers froze her out of her share of Read More →