Santa Barbara-based e-commerce company FastSpring has potentially received as much as $12.4 million in venture capital and has plans to boost hiring in the region. FastSpring, which was founded in 2005, saw its revenue reach $95 million last year. Despite having topped the Business Times’ list of fastest-growing companies and ranking high on national and Read More →
California State University Channel Islands has grown at a rapid clip since it opened its doors in 2002, a pace that’s expected to continue over the next decade as the school depends less on the state for funding and reaches out to the private sector. Timothy White, who became chancellor of the California State University Read More →
The city of Santa Barbara’s living wage, the highest in California, has tacked more than $1 million on to city services contracts during the past six years. But the city has never determined whether the increased wages are actually reaching workers because no contractor has ever been formally audited for compliance. The living wage ordinance Read More →
By Stephen Nellis / Friday, April 19th, 2013 / Top Stories / Comments Off on Funari, Sonos, Westmont headline South Coast awards
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Atlanta-based firm Jamestown has acquired a prime parcel of downtown San Luis Obispo from Copeland Properties in a deal valued at more than $100 million. Jamestown, which invests in commercial real estate around the country, purchased the 10-building retail and office property from Copeland Enterprises in exchange for the assumption of about $50 million in Read More →
WASHINGTON, D.C. — The Federal Reserve’s unprecedented actions to drive down interest rates and stimulate recovery have sparked a political backlash, adding a new dimension to the polarization in the nation’s capital. The latest political celebrity or political scourge, depending on your point of view, is former Reagan Administration budget director David Stockman, who argues Read More →
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