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Cal Lutheran remembers “Big Red Machine” manager

By   /  Wednesday, November 30th, 2011  /  Latest news  /  Comments Off on Cal Lutheran remembers “Big Red Machine” manager

California Lutheran University honored the memory of Hall of Fame baseball manager Sparky Anderson Tuesday evening in a program full of baseball lore and warm stories about his ties to the university and the community of Thousand Oaks. Former Detroit Tigers shortstop Alan Trammell, Angels manager Mike Scioscia and sportswriter David Lassen traded stories about Read More →

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Dobyns named Mission Community Bank CEO

By   /  Wednesday, November 23rd, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Dobyns named Mission Community Bank CEO

Tom Dobyns is the new CEO of San Luis Obispo-based Mission Community Bank. He was most recently president and CEO of American Security Bank in Newport Beach, prior to which he was with First Interstate Bank of California, Great Western Bank and Home Savings of America. His career started with Bank of America Corp., where Read More →

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Knight named Santa Clara Valley Bank chief exec

By   /  Thursday, November 17th, 2011  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Knight named Santa Clara Valley Bank chief exec

Bank insider Cheryl Knight is the new CEO and president of Santa Clara Valley Bank, the firm said Nov. 17. Knight joined the Santa Paula-based bank in October 2010 as a chief credit officer and senior vice president. She also held the position of chief operating officer when she was named CEO. Before joining Santa Read More →

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Panel tackles startup funding

By   /  Wednesday, November 16th, 2011  /  Latest news, Technology  /  Comments Off on Panel tackles startup funding

There’s less venture capital to start technology businesses, and most of it is being crammed into existing firms rather than raw startups. But for new entrepreneurs who have a viable product in a large market with the team that can make it happen, there are as many opportunities as ever to get started and get Read More →

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Cox kills wireless service

By   /  Wednesday, November 16th, 2011  /  Latest news, Technology  /  Comments Off on Cox kills wireless service

Barely a month after rolling out 3G wireless phone service in Santa Barbara, Cox Communications cut off the offering effective today. Faster competitors and a lack of the iPhone doomed the plan, the company said. A local spokeswoman said that though the rollout in Santa Barbara was going well, a nationwide order to halt the Read More →

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Former telecom mogul dies at 52

By   /  Thursday, November 10th, 2011  /  Latest news  /  Comments Off on Former telecom mogul dies at 52

Chris Edgecomb, co-founder and CEO of Star Telecom, once one of Santa Barbara’s largest public companies, died Nov. 7. He was 52. Star Telecom was among the nation’s largest telecommunications companies. Edgecomb led the firm’s spectacular rise from $67 million in revenue in 1995 to more than $1 billion in 1999 — before it crashed Read More →

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Amgen launches $5B buyback

By   /  Monday, November 7th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Amgen launches $5B buyback

Amgen said Nov. 7 that it plans to buy back $5 billion of its shares as part of a push to return profit to stockholders. Shares of the Thousand Oaks-based drugmaker jumped 4.5 percent in morning trading. Moody’s Investors Service and Fitch Ratings lowered their ratings on Amgen debt after the announcement because the biotech Read More →