UCSB economist warns of future tax hikes
Higher taxes are an inevitable consequence of ad-hoc policymaking, according to UC Santa Barbara economics professor Peter Rupert. Rupert, who heads the UCSB Economic Forecast Project, told a breakfast audience of Santa Barbara-area business leaders on Dec. 8 that temporary subsidies such as “cash for clunkers” and payments to first-time homebuyers were largely useless. He Read More →
Kathy Ireland to female entrepreneurs: ‘Don’t let rejection stop your dreams’
Swimsuit model turned fashion mogul Kathy Ireland was in downtown Santa Barbara on Dec. 5 to tout her new jewelry collection. Ireland, who was a model for Sports Illustrated’s annual swimsuit issue for 13 consecutive years from 1984 to 1996, is now the CEO and chief designer of Kathy Ireland Worldwide, a $1.4 billion clothing Read More →
Fiji Water owners buy Justin Vineyards
Justin Vineyards & Winery in Paso Robles has been purchased by the owners of Fiji Water and Pom Wonderful
Deductions digitized: Software keeps tabs on your donations
It’s getting close to tax time, and as you start to organize your receipts to itemize your deductions, you run across notes of the thrift store donations you’ve made throughout the year: two bags of clothing, a box of books, a children’s bike, several kitchen appliances and your old couch. You know they’re worth something Read More →
Oxnard hotels snared in $163M lawsuit
The Residence Inn by Marriott and the Courtyard by Marriott in Oxnard are both being foreclosed upon and face lawsuits asking for court appointment of a receiver to step in and take control of the properties
Seagate deal shows what it takes to get tenants in a tough market
Ventura County’s industrial vacancy rate spiked to a 10-year high during the third quarter despite its highest leasing activity in more than a year. Now, one Oxnard landlord has shown that even in a difficult market, clever negotiating can snag a large, quality tenant. Rexford Industrial recently signed warehouse distributor Worldwide Plastics to 28,815 square Read More →
Suddenly, deficit is talk of the town
WASHINGTON, D.C. — All of a sudden, deficit reduction is the name of the game. It is as though someone flipped a switch on Nov. 2 and suddenly the one-trick pony that is politics in the nation’s capital is obsessed with the idea of balancing the federal budget. Not that I am complaining. As I Read More →