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Merger gives WCAM position in Colorado oil

By   /  Friday, August 2nd, 2013  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on Merger gives WCAM position in Colorado oil

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Make It Work creditors demand $150K from defunct firm

By   /  Friday, July 26th, 2013  /  Banking & Finance, Banking Industry, Law & Goverment, Technology, Top Stories  /  Comments Off on Make It Work creditors demand $150K from defunct firm

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Calient snags $27M amid bandwidth boom

By   /  Friday, July 26th, 2013  /  Technology, Top Stories  /  Comments Off on Calient snags $27M amid bandwidth boom

Santa Barbara-based photonics firm Calient Technologies has raised $27 million in venture capital and hired a new chief financial officer to lead growth. The latest funding round brings Calient’s total raised over the past two years to $46.4 million. Calient’s core technology is what are called micro electromechanical devices — MEMs for short. On a Read More →

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Mentor inks deal and gets FDA approval for new implants

By   /  Friday, July 26th, 2013  /  Technology, Top Stories  /  Comments Off on Mentor inks deal and gets FDA approval for new implants

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Honda deal accelerates Clean Diesel business

By   /  Friday, July 19th, 2013  /  Technology, Top Stories  /  Comments Off on Honda deal accelerates Clean Diesel business

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Defense furloughs ripple across region’s bases

By   /  Friday, July 19th, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense furloughs ripple across region’s bases

More than 6,100 civilian Department of Defense employees in the Tri-Counties have started taking one-day-a-week unpaid furloughs between now and the end of September. But economic experts expect the immediate impact to be minimal. Any deep effects on the regional economy aren’t likely to emerge unless and until families begin to feel their net worth Read More →

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Waterfront Hyatt in Santa Barbara sells for $61M

By   /  Friday, July 12th, 2013  /  Real Estate, Top Stories, Tourism  /  Comments Off on Waterfront Hyatt in Santa Barbara sells for $61M

Two years after the historic Hotel Mar Monte was rebranded as the Hyatt Santa Barbara, the property has changed hands for more than $60 million. Chesapeake Lodging Trust, a Maryland-based hotel investment company, purchased the 171-room hotel from a Hyatt Hotel Corp. affiliate for $61 million, or $305,000 per room. In a July 1 announcement, Read More →