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Latest

Sientra funding rises to $151M

By   /  Thursday, March 29th, 2012  /  Latest news, Technology  /  Comments Off on Sientra funding rises to $151M

Sientra, the Santa Barbara breast implant company that recently received the first FDA approval in several decades for new implants for the U.S. market, has closed a $65 million funding round, bringing its total capital raised to $151 million. The lead investor on the private equity deal was London-based life sciences fund Abingworth. Sientra’s existing Read More →

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Ojai Community Bank out from regulatory order

By   /  Tuesday, March 27th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Ojai Community Bank out from regulatory order

Ojai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →

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With awards and promotions, our 13th year is off to a strong start

By   /  Friday, March 23rd, 2012  /  Columns, Opinion  /  Comments Off on With awards and promotions, our 13th year is off to a strong start

I’d like to exercise my editor’s prerogative and talk about two promotions that have taken place in our newsroom, two big awards and the way forward for the Business Times.

Latest

Gov. Brown talks high-speed rail, energy

By   /  Friday, March 23rd, 2012  /  Latest news  /  1 Comment

During Gov. Jerry Brown’s first term as head of the state, he green-lighted a plan for a high-speed rail. Thirty years later, the statewide rail project remains a priority for Brown — and it’s one way the California government is working to make the state green. “What’s really interesting right now is to look back Read More →

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Bill Gates: New nuclear could be “energy miracle”

By   /  Friday, March 23rd, 2012  /  Features, Green Coast, Technology  /  3 Comments

Microsoft founder Bill Gates is placing his chips on nuclear technology these days.

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Khosla: Wood chips could be part of U.S. energy future

By   /  Friday, March 23rd, 2012  /  Features, Green Coast  /  Comments Off on Khosla: Wood chips could be part of U.S. energy future

Vinod Khosla has seen the United States’ energy future, and it is wood chips.

Latest

200 jobs in limbo as UTC dumps Clipper

By   /  Friday, March 23rd, 2012  /  Technology, Top Stories  /  2 Comments

The fate of Carpinteria-based Clipper Windpower and roughly 200 South Coast jobs hang in the balance after owner United Technologies Corp. abruptly disclosed plans to sell the turbine maker. A top official for United Technologies Corp. called the 2010 acquisition of Clipper a  “mistake” on a call with Wall Street analysts. Indeed, the Clipper acquisition Read More →