NiMin reports $1.5M loss
NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →
Deckers’ $686M win sets standard for fighting counterfeiters
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Spurned bid for First California sets off battle of the banks
Westlake Village-based First California Bank has rejected an unsolicited all-stock takeover offer from Los Angeles-based PacWest Bancorp at $7.25 a share, 32 percent higher than First California’s recent trading price. For its part, PacWest has signaled publicly that it now wants to enlist the energy of disgruntled First California shareholders to help push through a Read More →
$152M courthouse could be scrapped for renovation option
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What would Louis Lancaster think about our world economy?
Who was Louis Lancaster? What would he think about the world economy today? Those are deeply interrelated questions that UC Santa Barbara economics professor Benjamin J. Cohen will be answering when he gives the 65th anniversary talk to the Channel City Club on May 18. Cohen, who goes by Jerry, holds the Lancaster Chair in Read More →
Editorial: Giving California the tools it needs to succeed
Sacramento, we’ve got a problem. CEO Magazine has ranked California dead last among the 50 states in its annual survey of the best and worst places to do business. An Ewing Marion Kauffman Foundation study of 6,000 small business owners has given California an F grade when it comes to business friendliness. When your state Read More →
County: Wage rules apply to hotel rebate
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