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Ozena mine to shut down

By   /  Tuesday, November 30th, 2010  /  Latest news  /  Comments Off on Ozena mine to shut down

The owners of the Ozena Valley Ranch gravel mine in northwestern Ventura County have told the county they will shut down the mine and return the property to farmland.

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RingRevenue announces $4M capital raise

By   /  Tuesday, November 30th, 2010  /  Latest news, Technology  /  Comments Off on RingRevenue announces $4M capital raise

RingRevenue has raised $4 million in a second round of venture capital financing, bringing its funding to $7.5 million since its launch in 2009.

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Pacific Capital wraps up $76.4M rights offering

By   /  Monday, November 29th, 2010  /  Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital wraps up $76.4M rights offering

Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.

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Editorial: Bidding good riddance to the awful 1099 rule

By   /  Monday, November 29th, 2010  /  Editorials, Opinion  /  Comments Off on Editorial: Bidding good riddance to the awful 1099 rule

The so-called “1099 rule” was a disaster waiting to happen. Happily, it is a disaster that looks like it will be averted. News shortly before Thanksgiving that the U.S. Small Business Administration was publicly opposing the rule seems to be the last nail in the coffin for this ill-conceived tax on entrepreneurship. As the Business Read More →

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Cal Poly breezes into wind research

By   /  Monday, November 29th, 2010  /  Features  /  Comments Off on Cal Poly breezes into wind research

Construction will start within the next few weeks on a 70-foot-tall wind turbine near San Luis Obispo as part of a wind energy research center at Cal Poly.

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GE backs Camarillo’s grass-to-gas firm

By   /  Monday, November 29th, 2010  /  Green Coast, Technology  /  Comments Off on GE backs Camarillo’s grass-to-gas firm

CoolPlanetBioFuels has brought its fundraising total to $11.5 million with a capital infusion from GE Energy Financial Services.

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Booting up profits: Ugg puts big spring into Deckers

By   /  Monday, November 29th, 2010  /  Tri-County Public Companies  /  Comments Off on Booting up profits: Ugg puts big spring into Deckers

Deckers Outdoor Corp.’s profits jumped 24.4 percent to $42 million in its most recent quarter on strong sales of its signature Ugg brand of boots and Teva sandals.