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Banks bring $100M in capital into region

By   /  Monday, March 29th, 2010  /  Top Stories  /  Comments Off on Banks bring $100M in capital into region

Some $100 million in new capital has poured into tri-county banks in recent weeks, providing a potential new flow of credit to businesses. But how fast that new cash translates into loans depends on the remaining fallout from the recession and what regulators are willing to allow as commercial real estate bottoms. While economists called Read More →

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Economists: coastal regions better than inland, but state faces exodus

By   /  Monday, March 29th, 2010  /  Columns  /  Comments Off on Economists: coastal regions better than inland, but state faces exodus

Inland and coastal California might as well be two different worlds — at least that’s the view of California Lutheran University real estate economist Kirk Lesh.   Lesh and the rest of CLU’s forecasting team presented their first economic prophecies for the new year at a March 24 event at the Thousand Oaks campus. Lesh Read More →

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Remembering Fess Parker, businessman

By   /  Monday, March 29th, 2010  /  Columns  /  Comments Off on Remembering Fess Parker, businessman

The first time I asked Fess Parker to keynote the Business Times’ Spirit of Small Business Awards, his office had a polite reply: “Thanks, but no thanks.” A year later, I tried again. I called his office around noontime and got no farther than an assistant who said she was going to lunch. “Try back Read More →

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Eyeing new concepts

By   /  Monday, March 29th, 2010  /  Small Business  /  Comments Off on Eyeing new concepts

Health care reform may be the hottest topic in the United States, but one Goleta medical equipment firm is focusing its attention on developing low-cost medical imaging technology for overseas markets. Pointe Conception Medical is launching what it says is the first integrated and networked endoscopic camera system in the world. The new medical video Read More →

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Brave new broadband

By   /  Monday, March 29th, 2010  /  Uncategorized  /  Comments Off on Brave new broadband

In the past few weeks, private-sector and public-sector visions have unfolded for the United States’ 21st-century information infrastructure. The business version has drawn rallies with hundreds of enthusiastic supporters in the Tri-Counties while the broader government plan has generated reserved optimism. Google announced in February that it will install for fiber a city of 50,000 Read More →

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Former MySQL exec to spearhead Eucalyptus

By   /  Monday, March 29th, 2010  /  Uncategorized  /  Comments Off on Former MySQL exec to spearhead Eucalyptus

As a chief executive, Marten Mickos took MySQL, the open-source database firm whose technology powers Facebook and other Web sites, from a startup to its $1 billion sale to Sun Microsystems in 2008. On March 19, Mickos became CEO of Santa Barbara-based Eucalyptus Systems, an open-source software firm whose code forms private cloud computing networks and Read More →

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A green future

By   /  Monday, March 29th, 2010  /  Opinion  /  Comments Off on A green future

The green economy holds great promise for the tri-county region. With thousands of jobs at stake, some interesting new players are emerging on the economic development scene. Sen. Tony Strickland, the Republican who won the narrowest of victories in a contested district, scored points when he backed a bill to exempt green manufacturing equipment from Read More →