Staff Report | Pacific Coast Business Times

Staff Report | Tuesday, December 16th, 2014

Kimpton sold to UK hotel group in $430M deal, Miramar delayed

Latest news, Real Estate, South Coast, Top Stories, Tourism

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

Staff Report | Monday, December 15th, 2014

Former Raytheon property in Goleta sells for $2.8M

Latest news, Real Estate, South Coast, Top Stories

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.

Staff Report | Thursday, December 11th, 2014

Wells Fargo to open new Santa Barbara location

Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories

San Francisco-based Wells Fargo, one the largest employers in the Tri-Counties, is slated to open its fourth banking branch in Santa Barbara on Dec. 15. The new location is at 101 N. Milpas St. and will serve retail, mortgage and business banking customers. Wells Fargo signed the lease for the 2,600-square-foot former Blockbuster location in Read More →

Staff Report | Wednesday, December 10th, 2014

Port of Hueneme sets record revenue

Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County

The Port of Hueneme near Ventura County Naval Base pulled in roughly $14.3 million in total gross revenue for 2014—its highest annual revenue number since its inception in 1937, according to a draft audit report. The report was submitted to the port’s Board of Harbor Commissioners on Dec. 8 and indicates that the Port of Read More →

Staff Report | Thursday, December 4th, 2014

A small gain in revenue as Vitesse shifts product strategy

Latest news, Technology, Top Stories, Tri-County Public Companies

The Camarillo-based firm recorded revenue of $108.5 million, slightly up from $103.8 million the year before.

Staff Report | Tuesday, December 2nd, 2014

Four face charges for filched bus fares

Latest news, Law & Goverment, Top Stories

Ventura County District Attorney Gregory Totten slapped four Gold Coast Transit employees with criminal charges today for snagging cash from bus fare boxes.

Staff Report | Monday, November 24th, 2014

Giving back: Montecito Bank & Trust gifts nonprofits $1 million

Latest news, Nonprofits, Top Stories, Tri-County Economy

For the 12th consecutive year, Montecito Bank & Trust kicked off Thanksgiving week with $1 million in corporate gifts to regional nonprofits. Precisely 184 organizations received checks at a Nov. 24 luncheon at the Coral Casino at the Four Seasons Santa Barbara Biltmore under a program that the region’s biggest privately owned bank calls “Community Read More →