Pacific Coast Business Times Staff | Monday, March 1st, 2010
Top Stories In celebration of its 10th anniversary this year, the Pacific Coast Business Times is launching its first annual Tri-County Business Hall of Fame. The five people inaugurated into this year’s hall of fame are dynamic leaders who have shaped the tri-county region in unprecedented ways. They will be honored at the Business Times’ 10th Anniversary Read More →
Pacific Coast Business Times Staff | Friday, February 26th, 2010
Top Stories Carpinteria-based CKE Restaurants, parent company of the Carl’s Jr. and Hardee’s fast food restaurants, announced Feb. 26 that it is being sold to Boston-based private equity firm Thomas H. Lee Partners for $928 million. The deal, expected to close in the second quarter of 2010, will include the assumption of about $309 million of CKE Read More →
Pacific Coast Business Times Staff | Monday, February 22nd, 2010
Opinion The surest way to kill an economy is to kill its entrepreneurial spirit. In the brief, 10-year history of the Business Times, we’ve seen this attempted on a few occasions. The killers can wear suits — as in the case of the tort lawyer who went up and down the Central Coast filing Americans for Read More →
Pacific Coast Business Times Staff | Monday, February 22nd, 2010
Columns Here’s the million-dollar question every business owner in the Tri-Counties should be asking: Which communities are in the best position to capitalize on a recovery? Businesses in relatively healthy cities will have brighter growth prospects, while those in communities that are behind the curve will struggle much longer. Guessing right about the pace of recovery Read More →
Pacific Coast Business Times Staff | Monday, February 22nd, 2010
Opinion Speaking of free enterprise, United Airlines is about to get some competition on its heavily traveled route from Santa Barbara to Denver. Frontier Airlines, which emerged from bankruptcy recently under the ownership of Republic Airways of Indiana, is going to give United its first head-to-head competition to Denver in decades. Business travelers and ski fans Read More →
Pacific Coast Business Times Staff | Monday, February 22nd, 2010
Top Stories With its public option off the table, Santa Barbara-based Select Staffing is returning its focus to family ownership and a fundamentals-first approach to growth. Select, a temporary staffing firm, is the largest private company in the Tri-Counties, with revenue last year of $1.5 billion. Saddled with $535.5 million in debt and facing pressure from lenders Read More →
Pacific Coast Business Times Staff | Monday, February 22nd, 2010
Top Stories It’s still not clear whether the real estate market will thaw in 2010, but the South Coast scene is certainly heating up. After months of sluggish sales volume and anemic pricing, credit lines seem to be loosening up and organizations big and small are looking for their own slice of the South Coast. Among them Read More →