May 14, 2025

		

Editorial Department


| Monday, January 25th, 2010

Donor in default on $75M gift

Top Stories

Stephen Adams, owner of Affinity Group in Ventura and former owner of the failed Affinity Bank, appears to have defaulted on his $75 million gift to Westmont College, slamming the brakes on the school’s most ambitious building project in a quarter century. Though Westmont could not confirm it, Adams is believed to be the man Read More →

| Monday, January 25th, 2010

On an avocado Mission

Top Stories

Oxnard-based Mission Produce is turning almost as green as its avocados. The avocado and asparagus distributor, which pulled in $226 million in revenue last year, is seeing shades of green in its future — of both the energy and monetary variety. Sales are strong, and with worldwide avocado supply projected to increase in the next Read More →

| Monday, January 25th, 2010

Investors hold breath as PCBC reports

Top Stories

With Pacific Capital Bancorp’s earnings call slated for Jan. 28, investors and analysts will be looking for clarity and answers now that the bank’s most likely fate is a merger. Failing that or a big infusion of capital, a regulatory seizure looms on the horizon. On Jan. 14, Pacific Capital, the parent of Santa Barbara Read More →

| Monday, January 18th, 2010

Deckers Outdoor is on the hunt for a new home in SB County

Columns

Deckers Outdoor Corp., the maker of the Ugg boot, is looking for a new stomping ground. The shoemaker wants to move its Goleta headquarters to a new location in the greater Santa Barbara area sometime in 2012. The company’s third-quarter report showed substantial growth, and Deckers Executive Assistant Michelle Apodaca told the Business Times that Read More →

| Monday, January 18th, 2010

Pizzeria goes online to save itself

Small Business

Lou Torres isn’t on Facebook, but as of Jan. 13 he had 6,116 supporters of his failing restaurant on the social networking site. Torres owns Deano’s Pizzarama in Santa Barbara, a 50-year-old landmark heading for closure in the face of an ugly economy and tough competition. He owes his landlord two months in back rent Read More →

| Monday, January 18th, 2010

Fair pay may be key issue for our time

Columns

Does the position of state or local bureaucrat come with entitlement to a job and retirement that far exceed those in private industry? Does the job of public company CEO come with an entitlement to get fabulously rich? These are two of the most important questions of our time. My own answer to both questions Read More →

| Monday, January 18th, 2010

Not drilling leaves money on the table

Opinion

ke for the state Land Board to spurn a hard-fought agreement between South Coast environmentalists and PXP over the future of the so-called Tranquillon Ridge project. To refresh, the agreement would have allowed PXP to drill new wells on an existing platform and drain the field in return for abandonment of the platform and an Read More →