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State Street becoming factory outlet center

By   /  Friday, June 19th, 2015  /  Latest news, Opinion, Real Estate, Small Business, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on State Street becoming factory outlet center

It was a retail icon, a testament to the 1990s rise of State Street in Santa Barbara as a shopping mecca. The very name oozed luxury and aspiration. Saks Fifth Avenue. And soon it will be gone. The property at the corner of State and Carrillo streets in the 1000 block of the center of Read More →

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Group tackles broadband in Tri-Counties

By   /  Friday, June 19th, 2015  /  Central Coast, Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Group tackles broadband in Tri-Counties

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Plains has spent more than $60 million on Refugio oil spill cleanup

By   /  Friday, June 12th, 2015  /  Central Coast, Energy, South Coast, Top Stories, Tourism  /  Comments Off on Plains has spent more than $60 million on Refugio oil spill cleanup

Plains All American Pipeline, the company responsible for spilling thousands of gallons of crude oil on the Gaviota Coast, said Friday it has spent more than $60 million on clean up efforts to date. There is no timeline on how long it will take to call the response complete, but the most recent update from Read More →

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Goleta’s Community West Bancshares settles with Residential Funding Company

By   /  Friday, June 12th, 2015  /  Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Goleta’s Community West Bancshares settles with Residential Funding Company

Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →

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Jail time unlikely for Plains executives

By   /  Friday, June 12th, 2015  /  Energy, Latest news, South Coast, Technology, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Jail time unlikely for Plains executives

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Central Coast economy depends on politicians, Plains making it right

By   /  Friday, June 12th, 2015  /  Central Coast, Editorials, Energy, Latest news, Opinion, South Coast, Tourism  /  Comments Off on Central Coast economy depends on politicians, Plains making it right

When it comes to oil and politics, the conventional wisdom has been that Central Coast politicians can’t overplay their hands in expressing outrage over environmental issues. That conventional wisdom is about to get a major test. Already a parade of elected officials has toured the damage wrought by the May 19 oil spill that made Read More →

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Mindbody, Appfolio IPOs might be start of South Coast tech boom

By   /  Friday, June 12th, 2015  /  Banking & Finance, Central Coast, Columns, Latest news, Opinion, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Mindbody, Appfolio IPOs might be start of South Coast tech boom

You might call it the Mindbody-Appfolio effect. The pair of $100 million-plus initial public stock offerings filed last month has caught the attention of dealmakers from the Bay Area to Los Angeles. Add to that the stunning, $1.4 billion sale of Lynda.com to Linkedin and you have the most buzz in the region since the Read More →

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