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Op/ed: An open letter to Ventura County — True pension reform is long overdue

By   /  Friday, February 17th, 2012  /  Op/Eds, Opinion  /  2 Comments

Ventura County is clearly an outlier in its pension system and taxpayers are bearing the burden.

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Editorial: Community colleges are too important to fail

By   /  Friday, February 17th, 2012  /  Editorials, Opinion  /  Comments Off on Editorial: Community colleges are too important to fail

This wake-up call should be taken seriously by the colleges and the business community.

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Towbes Group grabs Goleta with Groupon-like deals at retailers

By   /  Friday, February 17th, 2012  /  Columns  /  Comments Off on Towbes Group grabs Goleta with Groupon-like deals at retailers

The Towbes Group is using its marketing muscle to cross-promote its shopping center and apartment complexes in the Goleta area.

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Chip company launches cell spinoff in Santa Barbara

By   /  Friday, February 17th, 2012  /  Technology, Top Stories  /  Comments Off on Chip company launches cell spinoff in Santa Barbara

A new life sciences company could help researchers sort out cells better and faster, a potential breakthrough in the treatment of cancer, diabetes and stroke. Santa Barbara-based Owl Biomedical was founded last year and has raised about $6 million in capital so far. It is being headed by John Foster, the founder and former chief Read More →

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$40M deposit: PCBC launches technology overhaul

By   /  Friday, February 17th, 2012  /  Banking & Finance, Banking Industry, Features, Technology  /  Comments Off on $40M deposit: PCBC launches technology overhaul

The parent of Santa Barbara Bank & Trust is investing $40 million into a comprehensive technology overhaul.

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Orfalea offers advice to start-ups

By   /  Wednesday, February 15th, 2012  /  Latest news  /  2 Comments

Kinko’s founder Paul Orfalea hates working long hours — and he said that’s a big part of the reason his small business turned into one of the most successful start-ups ever to come out of Santa Barbara County. Orfalea shared personal advice on how to manage a start-up company with a group of about 200 Read More →

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Ceres delays its IPO, slashes price

By   /  Friday, February 10th, 2012  /  Agribusiness, Banking & Finance, Green Coast, Latest news, Tri-County Public Companies  /  Comments Off on Ceres delays its IPO, slashes price

Thousand Oaks-based energy crop maker Ceres has drastically lowered expectations for its initial public offering and delayed it for a week, according to regulatory filings and investment banking sources. The company was set to raise as much as $132 million on the Nasdaq when shares hit the markets under the name CERE on Feb. 9. Read More →