Travel industry set to roll big gains into 2015
By Elijah Brumback / Friday, January 2nd, 2015 / Latest news, Top Stories, Tourism, Tri-County Economy / Comments Off on Travel industry set to roll big gains into 2015
For the year ahead, industry professionals expect more growth, but a slightly slower pace.
Albertsons & Safeway to sell 168 stores before merger is approved
By Staff Report / Friday, December 19th, 2014 / Banking & Finance, Latest news, Real Estate, Restaurants, Top Stories, Tri-County Economy / 1 Comment
The divestiture of the stores is part of another deal to secure FTC clearance for Albertons to acquire Safeway in a $9.2 billion deal. That transaction, which the companies are calling a merger, was announced in March and is expected to close in January.

Auto sales surge has big area impact
By Marissa Wenzke / Friday, December 12th, 2014 / Latest news, Subscriber content, Top Stories, Tri-County Economy / Comments Off on Auto sales surge has big area impact
From car dealers in San Luis Obispo to shippers at the Port of Hueneme, businesses are benefiting from improved consumer confidence, lower auto prices and easier credit.
Port of Hueneme sets record revenue
By Staff Report / Wednesday, December 10th, 2014 / Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Port of Hueneme sets record revenue
The Port of Hueneme near Ventura County Naval Base pulled in roughly $14.3 million in total gross revenue for 2014—its highest annual revenue number since its inception in 1937, according to a draft audit report. The report was submitted to the port’s Board of Harbor Commissioners on Dec. 8 and indicates that the Port of Read More →
Giving back: Montecito Bank & Trust gifts nonprofits $1 million
By Staff Report / Monday, November 24th, 2014 / Latest news, Nonprofits, Top Stories, Tri-County Economy / Comments Off on Giving back: Montecito Bank & Trust gifts nonprofits $1 million
For the 12th consecutive year, Montecito Bank & Trust kicked off Thanksgiving week with $1 million in corporate gifts to regional nonprofits. Precisely 184 organizations received checks at a Nov. 24 luncheon at the Coral Casino at the Four Seasons Santa Barbara Biltmore under a program that the region’s biggest privately owned bank calls “Community Read More →

Edison taps area company to add storage
By Erika Martin / Friday, November 21st, 2014 / Green Coast, Latest news, Subscriber content, Technology, Top Stories / Comments Off on Edison taps area company to add storage
Five companies received 260-megawatts’ worth of energy storage deals, with the other 2000-megawatts worth of contracts allocated toward energy efficiency, demand response, behind-the-meter renewables and gas-fired generation, with natural being the biggest winner.
Santa Barbara, Ventura County philanthropists honored
By Staff Report / Friday, November 14th, 2014 / Features, Latest news, Nonprofits, Top Stories, Tri-County Economy / Comments Off on Santa Barbara, Ventura County philanthropists honored
Several area businesses and individuals took home awards for their philanthropic contributions at the Association of Fundraising Professionals Santa Barbara and Ventura counties chapter 2014 National Philanthropy Day luncheon held Nov. 13 at the Ventura Beach Marriott. Montectio Bank & Trust, one of the oldest and largest locally owned banks in the region, was named Read More →