Santa Barbara’s QAD announces dividend
Latest news, Tri-County Public CompaniesSanta Barbara cloud software manufacturer QAD announced a dividend of .072 cents per share of Class A common stock June 15. The company also said it would pay .06 cents per share of Class B common stock. Both dividends will be paid to investors who are shareholders on July 7. QAD announced the dividend after Read More →
Court delays hearing on Plains’ motion to seal Refugio oil spill transcripts
Energy, Latest news, Law & GovermentSanta Barbara Superior Court will review Plains All American Pipeline’s motion to seal the transcripts of its indictment from the Refugio oil spill on June 30, the same day of the arraignment. The hearing was continued on the morning of June 16. Plains filed a motion on May 27 to seal all California grand jury Read More →
Santa Barbara’s LogicMonitor gets $130 million investment
Latest news, TechnologyA fast-growing Santa Barbara IT firm has hit it big with a $130 million capital raise. LogicMonitor, headquartered at two offices in Santa Barbara, said Providence, R.I.,-based Providence Equity Partners invested $130 million in the IT service firm June 16. Steve Francis created the cloud-based service in 2008 that allows businesses or IT departments to Read More →
2016/2017 Giving Guide goes to press September 9
Latest news, Nonprofits, Special SectionsThe Pacific Coast Business Times Giving Guide is an annual publication featuring nonprofits, foundations, health service agencies, youth programs, educational, cultural and arts organizations. The publication offers a needed, in-depth look at many of these organizations — highlighting their goals and sharing many of the ways they contribute to our community. It is our hope Read More →
Bill would hold pipeline regulators responsible for safety oversight
Energy, Latest newsStory updated at 2 p.m. on June 15: U.S. Rep. Lois Capps’ office proposed a bill that strives to hold federal regulators responsible for inadequate pipeline safety oversight, the office announced June 14. The Pipeline and Hazardous Materials Safety Administration Accountability Act is a provision of the Pipes Act, which recently passed the House and the Read More →
Microsoft buying Lynda.com parent LinkedIn for $26 billion
Latest newsLynda.com parent LinkedIn is being acquired by Microsoft for $26 billion. LinkedIn bought the Carpinteria-based web tutorial service Lynda.com just over a year ago for $1.5 billion. Lynda.com still has about 350 employees at its office at 6410 Via Real in Carpinteria. Microsoft’s acquisition of professional social network LinkedIn is one of the largest technology Read More →
Lois Capps’ Pipeline Safety Act passes House
Energy, Latest newsThe Pipeline Safety Act, a bill that aims to improve federal oil and gas pipeline safety regulation, passed the House, U.S. Rep. Lois Capps’ office announced on June 8. Capps, D-Santa Barbara, authored the bill after last year’s Refugio oil spill, the consequences of which are still playing out throughout the Tri-Counties. This bill aims Read More →
