Jesusita tests region
Santa Barbara is the kind of place that in normal times wraps visitors in a warm, soft, fuzzy cocoon. Even on the hottest days of summer, there’s a coolness in the air that cuts through the sunshine. But the cocoon that wrapped its arms around the city for 96 hours starting May 5 was not Read More →
Veterans to soon get new home in Saticoy after 16-year wait
After 16 years of planning, negotiations and compromise, Ventura County will get the veterans’ home it has been waiting for. At 60 beds, the $26.5 million Saticoy facility is much smaller than originally envisioned, but construction is on track and the site is supposed to open late this summer, said a representative from the California Read More →
Oxnard staff pays big price in meltdown
Haas Automation’s 400 laid-off workers are a testament to a financial laboratory experiment gone terribly wrong. Until last fall, the Oxnard-based machine tool company was coping with the recession, pursuing a strategy of diversifying its customer base and building relationships with foreign companies who were opening up plants in the U.S. But as Emily Rancer Read More →
Apple Store opening could prop up Santa Barbara
Finally. The highly anticipated Apple Store on Santa Barbara’s State Street will be unveiled at 10 a.m. on May 9, the company announced. [Editor’s Note: After press time, Apple changed its plans. Read the related story here.] [Editor’s Note: After press time, Apple changed its plans. Read the related story here.] Apple has remained mum Read More →
Employers should weigh options before resorting to staff layoffs
An economic downturn means people lose jobs. And those jobs don’t magically disappear: Businesses have to decide whom to cut and whom to keep, and they expose themselves to lawsuits in the process. Downsizing requires discrimination of some sort, but to avoid legal liability, businesses have to make sure their process stays within the law, Read More →
Did financial journalists miss the meltdown?
DENVER — Did the news media blow it in coverage of the financial mess? This is a question that’s come up in conversation quite a bit lately — I even asked about it during a recent interview on an area television show. That also happens to be the question that kicked off the annual conference Read More →
South Coast sales activity sinks deeper in Q1 as incentives abound
According to the Scott Glenn team at Radius, the most telling statistic from the first quarter of 2009 was the lack of completed sale transactions. “The dramatic decline of both the stock market and credit markets beginning in September of 2008 were contributing factors as very few properties went into escrow in the fourth quarter Read More →
