March 9, 2024
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Latest

Inogen shares rise on rosier outlook

By   /  Wednesday, May 14th, 2014  /  Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares rise on rosier outlook

Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.

Latest

Goleta office building sells after listing for $14.2M

By   /  Tuesday, May 13th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Goleta office building sells after listing for $14.2M

  The 39,875-square-foot office building at 6550 Hollister Ave. in Goleta has been sold to an undisclosed South Coast investor after listing for $14.2 million. The property is leased to Cottage Health System and is located diagonally across from the new Deckers Outdoor Corp. headquarters. “The recession triggered a ‘flight to quality’ among investors, and Read More →

Latest

Kimpton raises flag in Goleta

By   /  Tuesday, May 13th, 2014  /  Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Kimpton raises flag in Goleta

The former Holiday Inn on Calle Real in Goleta will officially start flying the Kimpton Hotels & Restaurants flag in July. The San Francisco-based boutique hotel operator said it has partnered with Newport Beach-based hotel owner Makar Properties to rebrand the 150-room hotel as The Goodland following a renovation. Makar Properties purchased the hotel for Read More →

Latest

Rupert: IT and finance lead Santa Barbara County growth

By   /  Monday, May 12th, 2014  /  Banking & Finance, Central Coast, South Coast, Tri-County Economy  /  Comments Off on Rupert: IT and finance lead Santa Barbara County growth

Led by “off the charts” growth in the information technology, banking and finance sectors, Santa Barbara County is outpacing California when it comes to economic growth.

Latest

UCSB spinout Lettuce Apps acquired by Intuit

By   /  Friday, May 9th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on UCSB spinout Lettuce Apps acquired by Intuit

Lettuce Apps, a spinout out of UC Santa Barbara, has been acquired by financial software giant Intuit for an estimated $30 million. The Los Angeles-based company got its start in UCSB’s Technology Management Program, which has produced a number of successful startups including medical device maker Inogen, now a publicly traded company based in Goleta. Read More →

Latest

Costly eye drug drives up region’s Medicare bills

By   /  Friday, May 9th, 2014  /  Central Coast, East Ventura County, Features, Health Care & Life Science, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Costly eye drug drives up region’s Medicare bills

A Santa Barbara eye doctor and a drug that costs $2,000 per dose are at the center of the debate over how to control the spiraling cost of Medicare.

Latest

Court certifies class-action suit over Santa Barbara insurance scam

By   /  Friday, May 9th, 2014  /  Law & Goverment, South Coast, Tri-County Economy  /  Comments Off on Court certifies class-action suit over Santa Barbara insurance scam

A class-action lawsuit over whether a Santa Barbara insurance agent’s employers knew about the “churning” scam he was running and let it continue because it boosted profits is headed to trial after its class certification was upheld at the California Supreme Court in March.