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Editorial: The way to San Jose

By   /  Monday, August 2nd, 2010  /  Opinion  /  Comments Off on Editorial: The way to San Jose

An impressive gathering of South Coast business and political leaders met July 21 to map out a strategy for restoring direct service from Santa Barbara’s airport to San Jose.   This service is critical to meeting the needs of the region’s technology industry, and SkyWest Airlines’ decision to suspend the service earlier this summer did Read More →

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Editorial: Oxnard, don't go nuclear on credit union

By   /  Monday, August 2nd, 2010  /  Opinion  /  Comments Off on Editorial: Oxnard, don't go nuclear on credit union

Oxnard has threatened to use eminent domain proceedings to evict a longtime tenant, Pacific Oaks Credit Union, from a troubled property known as Carriage Square. That strikes us as a harsh way to treat a financial institution that’s an important part of the lifeblood of the region’s largest city, and we’d urge the city, property Read More →

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SLO nonprofit guides way to green

By   /  Monday, August 2nd, 2010  /  Nonprofits  /  Comments Off on SLO nonprofit guides way to green

Green Building Pages, a nonprofit based in San Luis Obispo, was started by architect Marilyn Miller Farmer with a simple goal: to make sustainable building more accessible. When Farmer first started as an architect, she wanted to focus on sustainable design, but she kept running into trouble finding reasonably priced green materials. Her brainchild, Green Read More →

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Hoping for

By   /  Monday, August 2nd, 2010  /  Nonprofits  /  Comments Off on Hoping for

At The Good Cookie, a new Santa Barbara bakery with its products now on the shelves at Whole Foods Market, the employees are clients of the Casa Esperanza Homeless Center. They work nights in the center’s kitchen, where they learn job skills and earn money to get themselves off the streets. The revenues support Casa Read More →

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UCSB forecast pulls out of SLO, Ventura counties

By   /  Monday, August 2nd, 2010  /  Top Stories  /  Comments Off on UCSB forecast pulls out of SLO, Ventura counties

The UC Santa Barbara Economic Forecast Project — a major source of economic data and predictions for business owners and government leaders throughout the Tri-Counties — has named a new director and narrowed its focus to Santa Barbara County. Peter Rupert, a UCSB economics professor who came to the school in 2007 after 13 years Read More →

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PCBC execs confident deal will close soon

By   /  Monday, August 2nd, 2010  /  Top Stories  /  Comments Off on PCBC execs confident deal will close soon

Pacific Capital Bancorp executives are calling a $500 million recapitalization agreement with Texas-based Ford Financial Fund a done deal. The Ford infusion, critical for the banking company to meet regulatory standards for capitalization, now has the cooperation of the U.S. Treasury and, pending regulatory approval, will likely be finalized by Aug. 31, Santa Barbara-based Pacific Read More →

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Again, Ford buys a bank at a bargain

By   /  Monday, August 2nd, 2010  /  Columns  /  Comments Off on Again, Ford buys a bank at a bargain

To Carl Webb, California in 2010 looks a lot like California circa 1993. A devastating meltdown in the housing sector. Sky-high unemployment. Deep budget problems. And a crisis in confidence that the Texas banker describes as “a little less spring in the step” of the California consumer. In short, the perfect time to get back Read More →