May 16, 2024

		


| Thursday, March 21st, 2013

At annual address, SB leaders say city is going strong

Latest news

As Santa Barbara continues its upward climb out of the Great Recession, civic leaders are working hard to make sure the city remains a hub for startup businesses and tourism. City Administrator Jim Armstrong told a crowd of business leaders gathered at the Fess Parker Doubletree Resort on March 21 that despite the economic downturn, Read More →

| Wednesday, March 20th, 2013

Amgen shares jump on good news from melanoma drug study

Latest news

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”20-09-2012″ enddate=”20-03-2013″ width=”300″ height=”245″] Shares of Thousand Oaks-based Amgen rose in light trading on March 20 after the company announced favorable results from a drug that treats advanced melanoma. The drug, dubbed T-VEC, uses a virus to infiltrate tumors and shrink them. It achieved positive results in a large number Read More →

| Tuesday, March 19th, 2013

VSolvit wins $53M Navy contract

Latest news, Small Business, Technology

Thousand Oaks-based firm VSolvit has won a $53.1 million contract to provide support services to the U.S. Navy’s IT center at Naval Base Ventura County. Founded in 2006 by Payal Kamdar, VSolvit, pronounced “we solve it,” has in the past produced mapping systems for the USDA and the White House, for which it produced maps Read More →

| Monday, March 18th, 2013

Real estate investor buys $16.5M Venoco HQ in Carpinteria

Latest news, Real Estate

A South Coast investor has purchased Venoco’s 50,955-square-foot headquarters building in Carpinteria. The property at 6267 Carpinteria Ave. was purchased by real estate investor Victor Schaff for an undisclosed amount. The property was listed by Hayes Commercial Group for $16.5 million. Denver-based oil and gas company Venoco has leased the glass-and-steel building, which sits on Read More →

| Thursday, March 14th, 2013

Dole to appeal $59M fine

Banking & Finance, Latest news, Tri-County Public Companies

Westlake Village-based Dole Food Co. said it will appeal to Europe’s highest court after a lower-court decision that upholds a $59.8 million fine levied by the European Union over allegations that the fresh fruit company colluded with German banana importers to fix prices. The decision, issued by the E.U.’s General Court, upheld the fine of  Read More →

| Wednesday, March 13th, 2013

HG Data raises $2M, looks to Asia

Latest news, Technology

Santa Barbara-based business intelligence firm HG Data has raised $2 million in venture capital from EPIC Ventures. HG Data’s technology combs millions of web documents and offline sources to create comprehensive databases of business relationships. In 2012, for example, the company released a census of which worksites were operating thousands of specific kinds of software, Read More →

| Tuesday, March 12th, 2013

Sansum, Towbes break ground on new South Coast surgery center

Latest news, Nonprofits, Real Estate

Sansum Clinic has started construction on its first new South Coast building in decades. The new surgery and medical office suite is a joint venture with Santa Barbara-based Towbes Group and is located on Foothill Road on a vacant property adjacent to Highway 154. The site will include two buildings totaling approximately 60,000 square feet. Read More →