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By Staff Report / 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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By Stephen Nellis / Friday, March 21st, 2014 / Law & Goverment, Technology, Top Stories / Comments Off on Sonos fights Apple spinoffs in patent battle
Wireless speaker maker Sonos made its first-ever disclosure of $535 million in revenue while locked in a patent fight against sophisticated opponents with ties to Apple.
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By Stephen Nellis / Friday, March 21st, 2014 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Xirrus targets 2015 for IPO, plans new Wi-Fi products
Thousand Oaks-based Xirrus has rolled out a new line of corporate-grade Wi-Fi devices at a lower price point that it hopes will vastly expand its customer base and set the stage for an initial public offering next year.
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By Tom Bronzini / Friday, March 21st, 2014 / Central Coast, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture / Comments Off on Turn of fate on 9/11 spurred dramatic career shift to winemaking
On the morning of Sept. 11, 2001, Peter Work and wife Rebecca watched from the Newark, N.J., Airport as the twin towers of the World Trade Center went crashing down in a cloud of dust and debris.
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By Marlize van Romburgh / Friday, March 21st, 2014 / Banking & Finance, Banking Industry, Real Estate, Top Stories / Comments Off on Cashing out: Bank of America consolidates Simi operations
Bank of America has shed a 1 million-square-foot portfolio of former Countrywide Financial Corp. office buildings for $200 million and plans to consolidate its Simi Valley campus.
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By Tom Bronzini / Thursday, March 20th, 2014 / Top Stories, Tourism, Wine & Viticulture / Comments Off on Eberle Winery to retain founder as ambassador, hold production steady
[EDITOR’S NOTE: This story, originally published on March 20, was updated on March 31 with additional reporting.] When Paso Robles viticulture pioneer Gary Eberle was unexpectedly ousted as general manager at Eberle Winery in January, it sounded like the new majority partners had some radical changes in mind to boost profits. Eberle told several media Read More →
