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Not drilling leaves money on the table

By   /  Monday, January 18th, 2010  /  Opinion  /  Comments Off on Not drilling leaves money on the table

ke for the state Land Board to spurn a hard-fought agreement between South Coast environmentalists and PXP over the future of the so-called Tranquillon Ridge project. To refresh, the agreement would have allowed PXP to drill new wells on an existing platform and drain the field in return for abandonment of the platform and an Read More →

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Inphi technology leads Web growth

By   /  Monday, January 18th, 2010  /  Top Stories  /  Comments Off on Inphi technology leads Web growth

Leaders at Westlake Village-based Inphi Corp. are jetting off to Tokyo to unveil a crucial component in achieving a ten-fold increase in the speed of the Internet backbone. Founded in 2001, Inphi has already shipped 100 million chips aimed at speeding up Internet communications and the servers that power the Web’s most popular sites. The Read More →

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Regulators nixed pick for Oxnard bank

By   /  Monday, January 18th, 2010  /  Top Stories  /  Comments Off on Regulators nixed pick for Oxnard bank

Federal regulators had deep concerns about senior staff at Oxnard-based Banco BuenaVentura and took the uncommon step of explicitly barring founder and chief executive James Montgomery’s son Jeffrey from taking part in the bank’s management. Banco BuenaVentura was liquidated last year amid the worst crisis to hit the global banking industry since the Great Depression. Read More →

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Deckers Outdoor is on the hunt for a new home in SB County

By   /  Monday, January 18th, 2010  /  Columns  /  Comments Off on Deckers Outdoor is on the hunt for a new home in SB County

Deckers Outdoor Corp., the maker of the Ugg boot, is looking for a new stomping ground. The shoemaker wants to move its Goleta headquarters to a new location in the greater Santa Barbara area sometime in 2012. The company’s third-quarter report showed substantial growth, and Deckers Executive Assistant Michelle Apodaca told the Business Times that Read More →

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Fair pay may be key issue for our time

By   /  Monday, January 18th, 2010  /  Columns  /  Comments Off on Fair pay may be key issue for our time

Does the position of state or local bureaucrat come with entitlement to a job and retirement that far exceed those in private industry? Does the job of public company CEO come with an entitlement to get fabulously rich? These are two of the most important questions of our time. My own answer to both questions Read More →

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Pizzeria goes online to save itself

By   /  Monday, January 18th, 2010  /  Small Business  /  Comments Off on Pizzeria goes online to save itself

Lou Torres isn’t on Facebook, but as of Jan. 13 he had 6,116 supporters of his failing restaurant on the social networking site. Torres owns Deano’s Pizzarama in Santa Barbara, a 50-year-old landmark heading for closure in the face of an ugly economy and tough competition. He owes his landlord two months in back rent Read More →

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SB County pushes for green energy district

By   /  Monday, January 18th, 2010  /  Uncategorized  /  Comments Off on SB County pushes for green energy district

Santa Barbara County is taking the first steps toward developing a new kind of special district that would allow property owners to finance insulation, solar and other energy efficiency projects that would be paid for on their property tax bills. After a feasibility study was completed in November and submitted to the Board of Supervisors, Read More →