Editorial: Geithner gets our vote for worst Treasury secretary
In the firestorm that’s erupted over the targeting of tea party-affiliated nonprofits by the Internal Revenue Service, it has gone largely unnoticed that the IRS is actually part of the U.S. Treasury.
Op/ed: It’s time for California to invest in innovation again by letting businesses grow
The California Jobs and Innovation Act has gained the support of many corporations and industries, as well as community leaders.
Health & Human Services director will keynote June summit
Herb K. Schultz, regional director of the U.S. Department of Health and Human Services, will keynote the Pacific Coast Business Times’ 2013 Champions in Health Care Summit. The event, which also celebrates the 2013 honorees in the Business Times’ Champions in Health Care special section, will take place June 21 at El Encanto in Santa Read More →
Active Life raises 500K
Active Life Scientific, a six-year-old medical device company that develops biopsy technology, has raised $500,000 in a round of financing, the Santa Barbara-based firm said May 16. The Series A round was filled by new and existing investors, and it included an investment by Tech Coast Angels, the largest angel investor network in the U.S. Read More →
FCAL merger with PacWest set to close May 31
Los Angeles-based PacWest Bancorp and Westlake Village-based First California Financial Group have received the go-ahead from federal banking regulators to finalize a $237 million merger. The deal, which will merge First California into PacWest and likely result in about a dozen overlapping branches being shuttered, is expected to close on May 31. The banks said Read More →
KCLU buys Santa Maria station
Thousand Oaks-based National Public Radio station KCLU has purchased a station in Santa Maria that will expand its reach to the Central Coast. The station, which is a community service of California Lutheran University, will begin broadcasting to listeners in Santa Maria, the Santa Ynez Valley, Lompoc, Nipomo and the Five Cities area. The frequency Read More →
Springs Fire throws another challenge at CSU Channel Islands
It could be the understatement of the decade to say that nothing has come easily for CSU Channel Islands. The university, which celebrates its 10th anniversary this year, was created out of a former mental hospital after years of wrangling by area leaders over a suitable location. It emerged from the shadow of its start-up Read More →
