Pacific Coast Business Times Staff | Monday, September 7th, 2009
Top Stories Twenty months after financier Michael Klein died in a high-profile plane crash, his Santa Barbara-based hedge fund, Pacificor, is still working through the deals it struck before a private Cesna 172 he chartered flew into a mountain in Panama. Pacificor is still trying to repair its investment in troubled automobile parts maker Dura Automotive Systems, Read More →
Pacific Coast Business Times Staff | Monday, September 7th, 2009
Top Stories A group pulling world-class researchers together in Goleta wants to take the spin out of science in the public debate. Novim brings small bands of researchers to the University of California, Santa Barbara, to tackle global questions. The idea is to get 10 of the world’s smartest experts in a room for a week, cut Read More →
Pacific Coast Business Times Staff | Monday, September 7th, 2009
Uncategorized
Target is one step closer to building in San Luis Obispo, The Tribune reported. What would be the city’s first Target made headway when the City Council approved the environmental report and plans to annex the 31-acre shopping center. The project is proposed for land owned by Madonna Properties across the entrance to Costco, and Read More →
Pacific Coast Business Times Staff | Friday, September 4th, 2009
Top Stories Santa Paula-based avocado distributor Calavo Growers said Sept. 3 that double-digit growth in fresh avocado sales fueled a 77 percent rise in profits to $2.5 million in the third quarter. Since the beginning of the year, Calavo’s profit has soared three-fold compared to 2008, from $3.7 million to $11.3 million. The third quarter earnings came Read More →
Pacific Coast Business Times Staff | Friday, September 4th, 2009
Top Stories Speaking to a crowd at the University of California, Santa Barbara, on Sept. 3, Dallas Federal Reserve Bank President Richard Fisher said that with businesses across the country dealing with overcapacity, deflation is still a greater worry to the U.S. economy than inflation. Fisher, who was invited to speak at UCSB by the Laboratory for Read More →
Pacific Coast Business Times Staff | Monday, August 31st, 2009
Small Business Go to the Plug Nickel Restaurant for lunch during the work-week, and you’ll likely see a lot of suits and ties. The charming Westlake Village restaurant, known for its atmospheric dining, has sat tucked away in the city’s industrial park for 33 years. And now, the family-run business, which takes pride in offering its patrons Read More →
Pacific Coast Business Times Staff | Monday, August 31st, 2009
Top Stories Amid some of the largest shake-ups to hit the tri-county banking world, one area bank has emerged seemingly unscathed. Paso Robles-based Heritage Oaks Bancorp, holding company of Heritage Oaks Bank, which also includes Business First Bank, has seen its stock price surge by almost 40 percent year-to-date — a sharp contrast to the performance of Read More →
