Reagan library gets gift of $12.75M
UncategorizedThe Simi Valley-based Ronald Reagan Presidential Foundation said Feb. 6 that it has received a $12.75 million gift from the Donald W. Reynolds Foundation to fund renovations at the Regan Library and Museum’s exhibit galleries. The gift is timed to coincide with Reagan’s 100th birth day in 2011. In the past, the Reynolds Foundation, named Read More →
Firm sees China in its future
TechnologySanta Barbara-based medical equipment maker TrueVision Systems plans to enter a joint venture with one of the biggest health care technology firms in China. TrueVision makes a 3-D heads-up display system that attaches to microscopes used in brain, spine and eye surgery, along with software that helps guide the surgeon’s cuts. Think “Avatar” meets neurosurgery. Read More →
PCBC buys time to survive
UncategorizedThough Pacific Capital Bancorp announced narrower losses and an intent to sell branches, the drama surrounding the fate of the struggling parent of Santa Barbara Bank & Trust is likely to continue for months. On Feb. 1, Pacific Capital, which has been under pressure from regulators to boost its capital ratios, announced a $20 million Read More →
Hayes report: Half of 2009 sales on South Coast from four transactions
ColumnsHayes Commercial Group in Santa Barbara just released its year-end report, with some grim numbers that just go to prove 2009 is best left forgotten. To its credit, the Hayes team found some unexpected countertrends and even signs of growth among the depressing stats, but the fact remains that real estate remained lackluster in 2009 Read More →
Editorial: Behind McCaw’s victory, a chance to reset her role
Editorials, OpinionWendy McCaw has notched an admirable victory for the First Amendment, but her job as the owner and co-publisher of the Santa Barbara News-Press may need some reinvention. McCaw’s struggle with her newsroom over who controls the content of the news pages came to a head in 2006, when the paper’s top editors and reporters Read More →
Quality guru weighs in on Toyota
ColumnsWith pundits, politicians and even Apple co-founder Steve Wozniak piling on Toyota Motor Co. over acceleration problems with U.S. and European models, I turned to one of the experts in quality and consumer preferences. Jamey Power is former vice president of international operations at Thousand Oaks-based J.D. Power & Associates and co-author of “Satisfaction: How Read More →
Santa Paula: Showing true grit
OpinionAs Mayor Jim Tovias explained in his state of the city address on Groundhog Day, Santa Paula hasn’t spent the past year hiding from a weak economy. Without a single layoff or salary reduction, the city has shaved $1 million from a $10 millon budget and reached zero deficit without tapping into reserves. Fearing another Read More →
