Bankruptcy flood may be just starting
The flood of bankruptcies pouring from the tri-county region may well pass the high-water mark by year’s end. The Santa Barbara district of the U.S. Bankruptcy Court — the office that encompasses the tri-county region — saw 4,134 bankruptcy filings from the beginning of 2009 just through September, the last month through which statistics have Read More →
A high-tech patent war
In what could become a contest of war chests, Westlake Village-based chipmaker Inphi has fired back in a patent battle with a struggling Orange County firm over products for one of the hottest parts of the semiconductor market. The dispute started on Sept. 23 when Irvine-based Netlist, a money-losing company whose stock had traded Read More →
Economy encourages women to look to entrepreneurship
Rosandra Heffefingers was a successful project leader at a Ventura insurance brokerage firm — until her job fell out from beneath her. “They just decided it was no longer a lucrative project, so my position wasn’t necessary,” she said. Facing dim prospects in a difficult job market, she decided to look into entrepreneurship as an Read More →
Area leads the way in sustainable ag
Agriculture still dominates much of the landscape across the Tri-Counties. And thanks to a new wave of interest in creating a “sustainable” economy, agriculture is being reinvented for the 21st Century. Gone in large part are the pesticide-heavy, water-guzzling practices of the past. Instead, farmers across the region are focusing on efficiency, environmentally sound practices Read More →
Clipper Windpower sells 49.5% stake to United Technologies
After suffering losses despite explosive revenue growth, Carpinteria-based wind turbine maker Clipper Windpower has sold 49.5 percent of the company to industrial giant United Technologies Corp. for $270 million. The transaction, announced Dec. 9, sets into motion a battle between U.S. industrial giants for the large wind turbine market. Clipper’s primary U.S. rival and the Read More →
Clipper Windpower sells 49.5% stake to United Technologies
After suffering losses despite explosive revenue growth, Carpinteria-based wind turbine maker Clipper Windpower has sold 49.5 percent of the company to industrial giant United Technologies Corp. for $270 million. The transaction, announced Dec. 9, sets into motion a battle between U.S. industrial giants for the large wind turbine market. Clipper’s primary U.S. rival and the Read More →
