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Strawberry grower, Heritage Oaks head to trial over loan contract

By   /  Friday, July 11th, 2014  /  Agribusiness, Banking & Finance, Central Coast, Law & Goverment, Top Stories, Tri-County Economy  /  Comments Off on Strawberry grower, Heritage Oaks head to trial over loan contract

A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.

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Pent-up demand drives surge of deals on Chapala Street

By   /  Friday, July 11th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Pent-up demand drives surge of deals on Chapala Street

With highly coveted square footage virtually unavailable on State Street in downtown Santa Barbara, many companies trying to stay in the market are gobbling up space on the nearby Chapala Street corridor.

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Playing your cards right: How to pick a payment processing service

By   /  Friday, July 11th, 2014  /  Small Business, Technology, Tri-County Economy  /  Comments Off on Playing your cards right: How to pick a payment processing service

The Business Times spoke with several retailers and merchant-processing services to find out what sorts of factors small-business owners should weigh when deciding on a point-of-sales system.

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Ventura County to get $4.1M Health Care Innovation Award

By   /  Thursday, July 10th, 2014  /  East Ventura County, Health Care & Life Science, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County to get $4.1M Health Care Innovation Award

The Ventura County Health Care Agency is slated to receive $4.1 million in federal funding to study treatment of chronic obstructive pulmonary disease, or COPD, one of the most common lung conditions in the U.S.

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Historic Ventura hotel changes hands

By   /  Wednesday, July 9th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Sandpiper Capital Partners has purchased the 37-room Leewood Hotel in downtown Ventura from its longtime owner and plans to convert it to an apartment complex. The firm purchased the property for just under $2.7 million, Justin Egerer, founder and managing member of Sandpiper Capital Partners, said in an email to the Business Times. The property is Read More →

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Officials discuss gun laws proposed in wake of Isla Vista tragedy

By   /  Monday, July 7th, 2014  /  Law & Goverment, South Coast, Top Stories, Tri-County Economy  /  1 Comment

In the wake of the May 23 mass murder in Isla Vista, a coalition of public officials has formed to support a set of state and federal gun-control proposals designed to fill “gaps” in the way firearms laws and the mental health system mesh.

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Clean Diesel names new CEO

By   /  Monday, July 7th, 2014  /  Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel names new CEO

Ventura-based Clean Diesel Technologies has promoted Christopher Harris to president and CEO, filling a vacancy created by former chief executive Craig Breese’s sudden departure in late 2013. Harris joined Clean Diesel as chief operations officer in late 2010, with the merger of Clean Diesel and Catalytic Solutions. He has served as the company’s chief operating Read More →