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Montecito Bank & Trust
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AmeriFlex celebrates 25 years of helping entrepreneurs

By   /  Friday, March 28th, 2014  /  Banking & Finance, Personal Finance, Small Business, South Coast, Top Stories, Tri-County Economy  /  Comments Off on AmeriFlex celebrates 25 years of helping entrepreneurs

After a quarter century in an industry that’s changed tremendously, AmeriFlex Financial Services is gearing up for its biggest year.

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La Entrada to restart construction amid tourism tax boom

By   /  Tuesday, March 25th, 2014  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on La Entrada to restart construction amid tourism tax boom

In another sign that the region’s tourism industry is entering boom times again, the city of Santa Barbara experienced double-digit growth in hotel taxes in the first eight months of its fiscal year. During the annual State of the City breakfast on March 24, City Manager Jim Armstrong said that Transient Occupancy Tax, or TOT, Read More →

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Building on a green foundation: SLO interiors firm expands down the coast

By   /  Friday, March 21st, 2014  /  Central Coast, East Ventura County, Green Coast, Small Business, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Building on a green foundation: SLO interiors firm expands down the coast

Green Goods is expanding from its San Luis Obispo base into Santa Barbara and Ventura counties.

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Health leaders: ‘Ambitious’ Obamacare goals tough to implement

By   /  Wednesday, March 19th, 2014  /  Central Coast, East Ventura County, Health Care, Nonprofits, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Health leaders: ‘Ambitious’ Obamacare goals tough to implement

Uncertainties shrouding Obamacare implementation are leaving many health-care providers strained, and consumers are thus far seeing few of the cost cuts promised by the overhaul. That was the theme that emerged from a March 18 forum in Santa Barbara hosted by nonprofit Visiting Nurse & Hospice Care.

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Bain Capital debt strikes sour note at Guitar Center

By   /  Friday, March 14th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Bain Capital debt strikes sour note at Guitar Center

With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.

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Artificial pancreas trials move forward with $2.3M grant

By   /  Friday, March 14th, 2014  /  Health Care, Nonprofits, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Artificial pancreas trials move forward with $2.3M grant

With $2.3 million in recent federal funding, Sansum Diabetes Research Institute is moving forward with clinical trials of its artificial pancreas, a device that researchers hope will substantially improve the lives of people living with Type 1 diabetes.

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As big-box firms slash stores, uncertainty for Tri-Counties

By   /  Friday, March 14th, 2014  /  Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on As big-box firms slash stores, uncertainty for Tri-Counties

Radio Shack plans to close up 1,100 stores around the U.S. and Staples, the largest office-supplies company in the U.S., said it would shutter 225 stores nationwide in a plan to cut costs by $500 million.

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