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Fox tells VCEDA group state must improve business climate

By   /  Friday, October 15th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on Fox tells VCEDA group state must improve business climate

The pain of the status quo will determine the pace of California’s reform effort. That’s the view of Joel Fox, head of the Los Angeles-based Small Business Action Committee. In a keynote presentation on Oct. 15 at the 40th annual Ventura County Economic Development Association business outlook conference, Fox said reforms take place in waves Read More →

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Teledyne gets $25.5M contract

By   /  Thursday, October 14th, 2010  /  Latest news  /  Comments Off on Teledyne gets $25.5M contract

Thousand Oaks-based Teledyne Technologies has won a $25.5 million federal contract for technology that would guide a single .50-caliber bullet to a faraway moving target in high winds. Teledyne Scientific & Imaging, a Teledyne subsidiary, announced the award on Oct. 14. It comes from the Defense Advanced Research Projects Agency, or DARPA, the arm of Read More →

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FPPC approves Copeland fine

By   /  Thursday, October 14th, 2010  /  Latest news  /  Comments Off on FPPC approves Copeland fine

California’s Fair Political Practices Commission fined San Luis Obispo businessmen James and Thomas Copeland and banker David Booker $80,000 at its Oct. 14 meeting for violating the state Political Reform Act. The Copelands and Booker are accused of staging a secret and illegal campaign in 2006 to block rancher Ernie Dalidio’s development plans. The five-member Read More →

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Pacific Capital gets delisting warning

By   /  Wednesday, October 13th, 2010  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital gets delisting warning

Pacific Capital Bancorp said in an Oct. 13 filing with the U.S. Securities and Exchange Commission that the Nasdaq stock market has told it to get its stock price back above $1 before April 6, 2011, or potentially be delisted. The Santa Barbara-based banking firm — the holding company for Santa Barbara Bank & Trust Read More →

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Harmony landowners sue Coastal Commission

By   /  Monday, October 11th, 2010  /  Latest news, Real Estate  /  Comments Off on Harmony landowners sue Coastal Commission

A family that owns property along the coast of northern San Luis Obispo County has sued the California Coastal Commission over its decision in August to require public access to a mile-long stretch of coastline. The family trust — led by sisters Denise McLaughlan, Sharyn Schrick, and Sandra Bowman — owns 400 acres near the Read More →

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Southwest on South Coast: A LUV story

By   /  Monday, October 11th, 2010  /  Columns, Opinion  /  Comments Off on Southwest on South Coast: A LUV story

At Santa Barbara Municipal Airport these days, construction crews are making progress on a $60  million expansion. When it opens next spring, the airport will get a new, two-story terminal, waiting areas that actually have bathrooms and five gates served by jetways. Thirteen hundred miles away in Dallas, the nation’s most profitable airline is also in Read More →

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AOL’s $50M local news venture hits region

By   /  Monday, October 11th, 2010  /  Top Stories  /  Comments Off on AOL’s $50M local news venture hits region

Internet giant AOL moved into the already-crowded tri-county media scene with the launch of its first Patch.com news website in the region on Sept 28. Moorpark Patch is one of about 150 community news-oriented websites that AOL plans to roll out in California over the next year, and the company has “significant” plans for the Read More →