Owners make big investments in waterfront hotels

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6 traffic jam web

Measure AA, Measure F deserve voter support  

Henry Dubroff I 5 hours ago

Ventura County has a lot at stake in the 2016 election. Voters on Nov. 8 will be asked to weigh in on two key issues Read More →
Lee Schuh

Don’t let overhead kill your business  

Guest commentary I 5 hours ago

By Lee Schuh Many businesses consider overhead to be the No. 1 impediment to reaching their business goals. However, it isn’t overhead that is the Read More →
Supervisor candidate Kelly Long with Charles Allison of State Farm.

More than 2,500 people turn out for Latino Business Expo  

Staff Report I 4 hours ago

More than 2,500 people from Ventura County attended the Latino Business Expo on Oct. 27 at the Ventura County Fairgrounds. The twice-a-year event featured exhibits Read More →
Community West

Net income up at Community West Bancshares  

Staff Report I 4 hours ago

Community West Bancshares said third quarter net income was $1.5 million, up from $1.1 million in the second quarter and on pace with year-earlier earnings. Read More →
Henry Dubroff

Merger of AT&T, Time Warner has a familiar ring  

Henry Dubroff I 29 mins ago

Thirty five years ago, I was a reporter for Springfield Newspapers in Massachusetts when AT&T was broken up and the era of the “Baby Bells” Read More →
Deckers corporate headquarters.

Deckers sales down but earnings up for second quarter  

Staff Report I 15 hours ago

Deckers Brands, the Goleta-based footwear, apparel and accessories company, announced net sales of $485.9 million and earnings per diluted share of $1.21 for the second Read More →
Thousand Oaks-based biotech giant Amgen is the region's largest private employer and only blue-chip stock. (Amgen courtesy photo)

Amgen beats analysts’ revenue, earnings per share estimates  

Staff Report I 15 hours ago

Amgen revenues increased 2 percent during the third quarter as it beat analysts’ revenue and earnings per share estimates thanks to cost-cutting measures and lower Read More →

Channel Technologies to lay off 198 employees in Santa Barbara  

Staff Report I 16 hours ago

Channel Technologies, a Santa Barbara-area ceramic components maker that built products used in the Navy’s sonar equipment, will lay off 198 employees after the company Read More →

Santa Barbara Symphony names new executive director  

Staff Report I 16 hours ago

Kevin A. Marvin, who served as executive director of the Santa Barbara Chamber Orchestra, has been named executive director of the Santa Barbara Symphony. He Read More →

Merger pays off for American Riviera Bank  

Staff Report I 17 hours ago

American Riviera Bank reported sharply higher profits and deposits for the third quarter as the benefits of its merger with the Bank of Santa Barbara Read More →
Breast implant manufacturer Sientra’s headquarters in Goleta.

Sientra CFO resigns, new CFO named  

Staff Report I 17 hours ago

Embattled-breast implant manufacturer Sientra said in a news release Oct. 27 that Chief Financial Officer Matthew Pigeon stepped down from his position “to pursue other Read More →
Workers enjoy MindBody’s San Luis Obispo headquarters.

MindBody revenues grew 35 percent in third quarter  

Staff Report I 2 days ago

MindBody continued on its path to profitability during the third quarter as revenues grew 35 percent. Revenues increased from $26 million during the same quarter Read More →

Dignity Health plans merger with Catholic Health Initiatives  

Staff Report I 4 days ago

San Francisco-based Dignity Health plans to merge with Colorado-based Catholic Health Initiatives in a deal that would combine a couple of the largest nonprofit providers Read More →

Freeport-McMoRan sells California onshore oil, gas properties  

Alex Kacik I 7 days ago

Freeport-McMoRan will sell its onshore California oil and gas properties, which include several facilities throughout the Central Coast, to Sentinel Peak Resources California LLC for Read More →
Leonardo DiCaprio Foundation CEO Terry Tamminen speaks at the 6th annual Central Coast Sustainability Summit hosted by UC Santa Barbara on Oct. 17.

Sustainable projects key for Central Coast  

Marissa Nall I 7 days ago

Single-purpose projects have become obsolete for the Tri-Counties, said panelists at the 6th annual Central Coast Sustainability Summit hosted by UC Santa Barbara on Oct. Read More →
A diagram shows the proposed CalWave wave energy test center proposed off the shores of Vandenberg Air Force Base.

Wave energy test center near Vandenberg Air Force Base vies for funds  

Philip Joens I 7 days ago

A proposed CalWave Wave Energy Test Center off the shores of Vandenberg Air Force Base is nearing the end of a competition with a similar Read More →
Alex Kacik

Return of Gold’s Gym has ex-members pumped  

Alex Kacik I 7 days ago

Gold’s Gym has returned to Santa Barbara. The renowned Venice-based fitness chain has reclaimed the three locations it occupied throughout the ’90s and early 2000s Read More →
Henry Dubroff

As Nobel laureate Bob Dylan said, ‘The Times, they are a changin’  

Henry Dubroff I 1 week ago

Some changes are taking place at Pacific Coast Business Times, beginning with the print edition you are holding in your hands or the digital version Read More →
The crew at Tablas Creek Vineyard celebrates the end of harvesting with the last pick: grenache grapes on Oct. 8.

Wine grapes rebound from dismal yields in 2015  

Tom Bronzini I 1 week ago

To be described as average is usually not very exciting. But average is thrilling or at least a great relief when it’s about the yields Read More →

Proposition 61 will not cure sky high drug prices  

Henry Dubroff I 1 week ago

Proposition 61 goes before California voters in just a few weeks. And as the Business Times reported on Oct. 14, Amgen, the Thousand Oaks-based biotech Read More →
Ritch Eich

Being in charge of a company does not make you a leader  

Guest commentary I 1 week ago

By Ritch K. Eich It’s been a bad year for some top business, media and political leaders. Roger Ailes, the founder, former chairman and CEO Read More →

Phillips 66 appeals denial of crude-by-rail expansion project  

Alex Kacik I 1 week ago

In a move many expected, Phillips 66 appealed the San Luis Obispo County Planning Commission’s denial of its proposed crude-by-rail expansion project at its Santa Read More →
Dr. Greg Tchejeyan

Doctor buys Thousand Oaks property for medical clinic  

Staff Report I 1 week ago

Orthopedic and sports medicine specialist Dr. Greg Tchejeyan purchased the 250 Lombard St. property in Thousand Oaks for $1.6 million, Westcord Commercial Real Estate announced Read More →

Channel Technologies files for bankruptcy protection  

Staff Report I 1 week ago

Channel Technologies, a Santa Barbara-area ceramic components maker that built products used in the Navy’s sonar gear for decades, has filed for bankruptcy protection amid Read More →

Montecito Bank & Trust net income down but loan, deposit growth strong  

Staff Report I 1 week ago

Santa Barbara-based Montecito Bank & Trust reported $10.9 million of net income in the third quarter, down from $12.2 million over the same period last Read More →