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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Uncategorized / Comments Off on Redevelopment agencies pay up
City and county redevelopment agencies in Ventura, Santa Barbara and San Luis Obispo counties handed more than $45 million over to the state schools budget on May 10, according to figures released by the California Redevelopment Association. The Legislature and Gov. Arnold Schwarzenegger agreed to the revenue shift last year in order to make up Read More →
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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Opinion / Comments Off on Editorial: Greece could be our future
We can’t let the European-led rescue plan for Greece pass without a note or two about California. Obviously the excesses of the regime in Athens run closely parallel to the excesses of the various regimes in Sacramento. Too many civil servants make too much money. Too little time has been spent on telling the truth Read More →
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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Opinion / Comments Off on Editorial: In Santa Barbara DA race, chance to focus on economic crime
In an important race to be decided in just a few weeks, Josh Lynn and Joyce Dudley are mounting a spirited campaign for Santa Barbara County district attorney. This tussle between Dudley, the deputy DA, and Lynn, the chief trial attorney in the office, has become a fight to burnish tough-on-crime credentials. A blitz Read More →
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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Top Stories / Comments Off on K-Swiss loses a factory
For the past two and a half years, Westlake Village-based K-Swiss has been trying to transform itself from a staid, shield-logoed company that introduced the first leather tennis shoe at Wimbledon in 1966 into a cutting-edge footwear brand. It’s put millions of dollars into developing and marketing specialized shoes for triathletes and runners, investments that Read More →
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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Top Stories / Comments Off on Building bridges: Ventura chamber CEO reaches out to city
In Ventura, the sometimes fractious relationship between city government and business groups is getting a fresh face and a formal “prosperity council” to keep in touch. On May 17, Sandra Walker, a banking and accounting veteran, will take over as CEO of the Ventura Chamber of Commerce. Her start date comes a week after the Read More →
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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Top Stories / Comments Off on Commerce Planet assets land at Lenco
Santa Barbara-based Lenco Mobile, a designer and distributor of mobile phone advertisements, is testing the waters in the United States after its revenue and share price have risen based on its operations abroad. In an April 15 U.S. Securities and Exchange Commission filing, Lenco said sales had jumped 725 percent to $12.2 million in 2009. Meanwhile, Read More →
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By Pacific Coast Business Times Staff / Monday, May 17th, 2010 / Columns / Comments Off on Recession taking its toll as builders file for bankruptcy
Well-known Santa Barbara contractor David Lack has filed for both business and personal bankruptcy, listing a total of $2.6 million in debts for his firm and $3.1 million for himself. But Lack’s is just one in a flurry of filings that have rushed through the region’s bankruptcy court in recent months — many smaller construction Read More →