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 | Thursday, September 27th, 2012

								
Xirrus raises $23.5M in new capital

								Banking & Finance, Latest news, Technology								
Thousand Oaks-based wireless firm Xirrus has raised an additional $23.5 million in venture capital, bringing its total funding to an estimated $122 million. The lastest funding round was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and US Venture Partners. Xirrus makes heavy duty Wi-Fi systems designed to replace wired networks Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, September 27th, 2012

								
Commission approves La Entrada changes

								Latest news								
Plans for La Entrada, the long-awaited hotel and condominium project on lower State Street, took another step forward Sept. 26 as Santa Barbara’s Historic Landmarks Commission approved changes to the 123-unit development’s design. The commission gave the hotel’s developer, 35 State Street Hotel Partners, the go-ahead to alter plans for sidewalk and street-lighting designs adjacent Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, September 26th, 2012

								
VCEDA remains opposed to pair of public education propositions

								Latest news								
The Ventura County Economic Development Association, or VCEDA, has not budged on its opposition to two state ballot measures that would raise money for public education by increasing taxes. Earlier this month, VCEDA’s opposition to Proposition 30 and Proposition 38 — dueling tax measures designed to raise money for public education — kicked off a Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, September 26th, 2012

								
U.S. Chamber endorses Maldonado

								Latest news								
The U.S. Chamber of Commerce has put its weight behind Abel Maldonado, the Republican candidate who’s running against incumbent Lois Capps to represent California’s 24th Congressional District. The endorsement came Sept. 26 in San Luis Obispo at an event hosted by Meathead Movers, a U.S. Chamber member. “Abel Maldonado recognizes that free enterprise, not more Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Tuesday, September 25th, 2012

								
SB Foundation receives grant for journalism project

								Latest news								
The Santa Barbara Foundation will receive a $500,000 matching grant, for a total of $1 million, over two years to create a new journalism platform for the South Coast. Miami-based John S. and James L. Knight Foundation is providing the funding to launch the Santa Barbara Journalism Initiative, described as a “a nonprofit enterprise journalism Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Tuesday, September 18th, 2012

								
Dole sells canned food business to Itochu for $1.7B

								Banking & Finance, Latest news, Tri-County Public Companies								
Produce giant Dole Food Co. sold its worldwide canned food business to Japanese conglomerate Itochu Corp. on Tuesday, fetching $1.7 billion and marking the Westlake Village-based firm’s exit from Asia. Proceeds from the all-cash sale, the biggest in Dole history, will be used to pay down debt, Dole said. Tokyo-based Itochu now has exclusive rights Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, September 13th, 2012

								
Dole nears deal with Itochu

								Banking & Finance, Latest news, Tri-County Public Companies								
Westlake Village-based Dole Food Co. is closing in on a deal to sell its processed food business and Asian fresh fruit and vegetable businesses to a Japanese trading house. In an unusual move, Dole confirmed market rumors on Sept. 12 that it is in “advanced negotiations” with Itochu Corp. to sell the business units. Reuters Read More →