Brooks teams with film fest
NonprofitsOjai’s film festival has not rested on the success of last year’s events but has instead spent time making friends with its neighbors in Ventura. The newly named Ojai-Ventura International Film Festival recently announced its partnership with Brooks Institute in Ventura — a collaboration that organizers believe will create more space for moviegoers to watch Read More →
Health care: The small business view
ColumnsDear President Obama: You recently sent out an e-mail asking small business owners to comment on health care reform. So, here is what I think. When I started the Pacific Coast Business Times 10 years ago, I made a commitment to paying fair wages and providing quality health care for all full-time employees. I have Read More →
Foreclosure plague hits beach projects
UncategorizedIn a sign that Ventura County’s residential real estate market may be nearing a bottom, a $37.5 million, 150-home development in Port Hueneme faces foreclosure and an Oxnard developer trying to launch a handful of condominium projects has filed for bankruptcy with $19.5 million in debt. In both cases, the loans go back to 2006 and Read More →
Pork flows to Tri-Counties
UncategorizedThe U.S. House of Representatives approved $700,000 for the Rice Avenue Interchange transportation project in Ventura County as part of the next fiscal year’s transportation, and housing and urban development appropriations bill passed July 23. The funding request was made by the city of Oxnard, the Ventura County Transportation Commission and the Oxnard Harbor District. Read More →
In memory of Lompoc Mayor Dick DeWees
OpinionThe news that Lompoc Mayor Dick DeWees had died came to me completely out of the blue. I literally picked the news out of the fax machine when Tom Pfeifer of U.S. Rep Elton Gallegly’s office sent out a message of condolence. I had no idea Dick was ill or had a medical condition that Read More →
BREAKING NEWS: Pacific Capital unveils three-year strategy following $362M loss
UncategorizedSanta Barbara-based Pacific Capital Bancorp released its second-quarter earnings on July 30, revealing a staggering net loss of $362.6 million and unveiling a three-year plan to improve the company’s capital position. The net loss, $7.77 per common share, compares to $5.9 million, or 13 cents per share, in the same period a year ago. The Read More →
Hertel debt at $100M, Fowler says
UncategorizedThe business empire controlled by developers Ron Hertel and Bob Fowler racked up $100 million in debts, acquiring five aircraft, a boat, a horse ranch and vineyards before it collapsed last year amid a mountain of real estate-related liabilities. At a hearing in the Santa Barbara office of the U.S. Trustee on July 24, Fowler Read More →
