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From the editor: Closing the turkey deficit

By   /  Thursday, November 18th, 2010  /  Columns, Opinion  /  Comments Off on From the editor: Closing the turkey deficit

There are mega-deficits, there are giant deficits, and then there are smaller deficits that really hurt people in need. Consider, if you will, the turkey deficit facing Foodbank of Santa Barbara County. The deficit was so large that until Nov. 18, some 3,000 local families were in danger of going without this Thanksgiving. Happily, the Read More →

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Venoco drops Ellwood drilling plans

By   /  Wednesday, November 17th, 2010  /  Latest news  /  Comments Off on Venoco drops Ellwood drilling plans

Venoco has dropped its plans to expand oil drilling from its Platform Holly off the coast of Santa Barbara County. In a brief letter sent to the California State Lands Commission on Nov. 9 and widely circulated by environmental groups on Nov. 16, Venoco said it “hereby withdraws its application for its Ellwood Full Field Read More →

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Borders to close Santa Barbara store

By   /  Tuesday, November 16th, 2010  /  Latest news, Real Estate  /  Comments Off on Borders to close Santa Barbara store

National book retailer Borders is closing its downtown Santa Barbara store amid a nationwide wave of store closings. Jason Roy, the general manager of the 900 State St. location, told the Business Times on Nov. 16 that the store would be closing in January. “It’s sad that this Borders is leaving State Street,” said Roy, Read More →

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Deckers weighing Carpinteria, Goleta, airport properties

By   /  Tuesday, November 16th, 2010  /  Latest news, Real Estate  /  Comments Off on Deckers weighing Carpinteria, Goleta, airport properties

As Ugg boot company Deckers Outdoor Corp. strides toward a new South Coast headquarters, sites in Carpinteria, Goleta and at the Santa Barbara Municipal Airport have surfaced as potentially perfect fits.

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Ventura County launches eco-devo ad blitz

By   /  Monday, November 15th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on Ventura County launches eco-devo ad blitz

A coalition of economic development groups in Ventura County launched a federally funded campaign on Nov. 15 to sell the county as the ideal spot to build a business. The initiative is headed by the Workforce Investment Board of Ventura County, with participation from the Economic Development Collaborative-Ventura County, chambers of commerce in the county Read More →

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Santa Barbara restaurant owner sells Seagrass

By   /  Monday, November 15th, 2010  /  Latest news, Small Business  /  Comments Off on Santa Barbara restaurant owner sells Seagrass

Prolific Santa Barbara restaurateur Mitchell Sjerven announced Nov. 15 that he has sold Seagrass Restaurant to a family that recently relocated to Santa Barbara. Terms of the deal were not disclosed. The buyer is the Perez family: chef Robert Perez, his wife, Marianna Perez, and their sons Ruben and Richard. They moved recently from Nevada Read More →

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Editorial: Banks turning a big corner

By   /  Monday, November 15th, 2010  /  Editorials, Opinion  /  Comments Off on Editorial: Banks turning a big corner

Third quarter results on the banking front hint at a long-awaited turnaround in the region’s financial services industry. Pacific Capital Bancorp., the region’s largest banking institution, posted a profit for the month of September after getting a $500 million infusion from the Ford Financial group out of Texas. The bank has essentially got a new Read More →