Tsunami advisories
UncategorizedAn 8.3 magnitude earthquake in the South Pacific near Samoa on Sept. 29 caused the National Weather Service to issue tsunami advisories for much of the California and Oregan coastlines, including the San Luis Obispo, Santa Barbara and Ventura county coastlines. No exceptionally large waves or damage were reported in the Tri-Counties. Weather officials had Read More →
Rivals, regulators wait for PCBC results
Personal FinanceAs the end of the third quarter approaches, Wall Street is focused on one number in Pacific Capital Bancorp’s results: tier one capital. After Sept. 30, the region’s largest independent banking company and parent of Santa Barbara Bank & Trust will have to show federal regulators that it’s raised its all-important tier one leverage ratio, Read More →
Your right to know
OpinionThe Business Times Web site received quite a bit of flak from our recent story on a bankruptcy filing involving Montecito’s Klink family. We’ll take a minute to state something that should be obvious — a bankruptcy filing is a public document, which provides any media outlet with an absolute privilege to publish the information Read More →
Let them eat cupcakes
Small BusinessCall it comfort food if you will, but cupcakes may just be the perfect recession-proof little indulgences. In the Tri-Counties, cupcake bakeries – or cupcakeries – have proliferated over the past two years, and their owners say they’re only getting more popular. Maybe it’s because the HBO series “Sex and the City” shows its characters Read More →
Fueling the future
UncategorizedCalifornia has long been famed for its sun, sand and surf, but Dutch financial giant Rabobank is only concentrating on the sunshine. The Netherlands-based bank teamed up with a solar power company from the Bay Area to install a network of solar-powered electric vehicle recharging stations that would let drivers travel from Los Angeles to Read More →
