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Bargain boutique

By   /  Monday, April 26th, 2010  /  Small Business  /  Comments Off on Bargain boutique

Whether on the sales rack or in the rental market, Johanna Melamed knows how to snag a bargain when she sees it. Melamed is the owner of The Closet, a boutique consignment and resale clothing business with stores in Santa Barbara and Westlake Village. She recently moved the Santa Barbara store from its first location Read More →

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Countrywide identity theft suit hits home in Ventura County

By   /  Monday, April 26th, 2010  /  Uncategorized  /  Comments Off on Countrywide identity theft suit hits home in Ventura County

Claiming $20 million in identity theft damages, 16 Ventura County residents have sued Countrywide Financial Corp., the defunct subprime lender now owned by Bank of America. The lawsuit comes after the 2008 arrest of two men, one of them a Countrywide analyst, who were accused of stealing and then selling the identity information of 2.4 million Read More →

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Region

By   /  Monday, April 26th, 2010  /  Top Stories  /  Comments Off on Region

The markets have rallied in the past two months, and tri-county stocks have ridden — and, in some cases, blown past — the wave. Some of the strongest resurgences have come in the region’s technology sector. Other big winners are companies with stories about deals or turnarounds, but the region’s banking stocks have also played Read More →

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Coming out of its shell

By   /  Monday, April 26th, 2010  /  Top Stories  /  Comments Off on Coming out of its shell

Within five years, Port Hueneme will be home to about a quarter million giant keyhole limpets, a species of 5-inch-wide sea snail with a cone-shaped shell. It’s part of the business plan for Stellar Biotechnologies, a small firm that today uses about 40,000 limpets to make a protein used in cancer vaccine research. After more Read More →

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Creditor aims to seize 2 Marriott hotels in Thousand Oaks

By   /  Monday, April 26th, 2010  /  Top Stories  /  Comments Off on Creditor aims to seize 2 Marriott hotels in Thousand Oaks

Two Thousand Oaks Marriott hotels in default on a $25 million construction loan and facing foreclosure are just the latest indication that the region’s hotels have been hit hard by a decline in tourism and a sour commercial real estate market. The neighboring hotels on Newbury Road — a Marriott TownePlace Suites and a Courtyard Read More →

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Move-in day at Cal Poly Tech Park, ATA waits for roommates

By   /  Monday, April 26th, 2010  /  Columns  /  Comments Off on Move-in day at Cal Poly Tech Park, ATA waits for roommates

The Cal Poly Technology Park officially has its first tenant.   Applied Technologies Associates, an Albuquerque-based firm that designs and manufactures products for the oil industry, signed a lease for 3,000 square feet in the on-campus park at Cal Poly San Luis Obispo. The firm, which has major technical operations in Paso Robles, will maintain Read More →

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CKE nears buyout endgame

By   /  Friday, April 23rd, 2010  /  Latest news  /  Comments Off on CKE nears buyout endgame

South Coast, meet buyout specialist Leon Black. He does not mess around. Black is believed to be the man behind an April 19 bid of $12.55 per share for Carpinteria-based CKE Restaurants, the parent of Carl’s Jr. and Hardees. That’s a whopping 13.5 percent higher than the $11.05 on the table from Boston-based private equity Read More →