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Lawsuit alleges Montecito man sold stocks despite FINRA ban

By   /  Saturday, April 19th, 2014  /  Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Lawsuit alleges Montecito man sold stocks despite FINRA ban

A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor Read More →

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Health care prices under scrutiny in Sansum-Cottage merger

By   /  Friday, April 18th, 2014  /  Health Care, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Health care prices under scrutiny in Sansum-Cottage merger

As the regulatory review of the proposed merger between Cottage Health System and Sansum Clinic  stretches to the six-month mark, a recent federal court ruling points out key issues that arise when a dominant hospital system buys a major physician group. In an Idaho case decided earlier this year, the Federal Trade Commission intensely focused Read More →

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A dose of kindness: Vitamin Angels celebrates 20 years

By   /  Friday, April 18th, 2014  /  Nonprofits, South Coast, Top Stories, Tri-County Economy  /  Comments Off on A dose of kindness: Vitamin Angels celebrates 20 years

  The 1994 Northridge Earthquake turned Howard Schiffer’s priorities upside-down. After spending years as an entrepreneur in the natural products industry, the earthquake’s aftermath, particularly among marginalized communities, left Schiffer feeling helpless. He was also forced to confront the broader impacts his merchandise could have on public health. Using his business connections to secure product Read More →

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Hotel Oceana gets a new name as waterfront inns ready for boom

By   /  Friday, April 18th, 2014  /  Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Hotel Oceana gets a new name as waterfront inns ready for boom

The 122-room property at 202 W. Cabrillo Blvd. was purchased last month by Philadelphia-based investment firm HHM for $41.7 million, including the assumption of $24.9 million in mortgage debt.

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Tuning in to the Tri-Counties: KEYT, KCOY team on news coverage

By   /  Friday, April 18th, 2014  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Tuning in to the Tri-Counties: KEYT, KCOY team on news coverage

Under a deal announced last year, CBS affiliate KCOY’s news will be produced under a shared-services agreement with Santa Barbara-based ABC affiliate KEYT. Journalists on the ground in Santa Maria will contribute to a live newscast from studios in Santa Barbara, replacing the old setup in which the evening KCOY newscast is produced in Salinas at station KION.

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Invoca snags Salesforce.com investment, launches new products

By   /  Friday, April 11th, 2014  /  South Coast, Technology, Top Stories  /  Comments Off on Invoca snags Salesforce.com investment, launches new products

Employees of the call technology firm Invoca pose on the lawn of the Santa Barbara courthouse. The company recently added Silicon Valley giant Salesforce.com to its investment roster and is rolling out new products. (courtesy photo)

The company has raised more than $30.8 million to date, with the most recent round a $20 million infusion from Accel Partners.

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Artisan food vendors flock to Santa Barbara Public Market

By   /  Friday, April 11th, 2014  /  Latest news, Small Business, South Coast, Top Stories, Tourism  /  Comments Off on Artisan food vendors flock to Santa Barbara Public Market

Vendors will offer sustainably and humanely-raised meat and poultry; vegetable and fruit juices pressed on site; fresh seafood; cheeses and salumi; cupcakes and cakes; olive oils and vinegars; and a wine and beer tasting bar.

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