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Smaller firms win in defense makeover

By   /  Friday, May 6th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Smaller firms win in defense makeover

The defense industry in the Tri-Counties is headed for its biggest shakeup in decades. Longtime players are cutting jobs while younger firms see growth as the Pentagon draws down its two foreign wars and focuses on strategic threats. Raytheon, a major Goleta employer, confirmed layoffs that will affect about 160 of its jobs in Goleta. Read More →

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ValueClick defies its skeptics

By   /  Friday, May 6th, 2011  /  Banking & Finance, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on ValueClick defies its skeptics

ValueClick is out to prove to investors that it still has some pluck after more than a decade in the digital marketing business.

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Pouring in millions: Japanese food oil venture proposed for harbor area

By   /  Friday, May 6th, 2011  /  Top Stories  /  Comments Off on Pouring in millions: Japanese food oil venture proposed for harbor area

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Lawsuits question foreclosure system

By   /  Friday, April 29th, 2011  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Lawsuits question foreclosure system

A Westlake Village attorney is asking a judge to rip up a homeowner’s mortgage and strike down the legal framework the lending industry uses to foreclose on notes that have been sliced, diced and sold so many times that it’s impossible for borrowers to tell who owns them.

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Sorkin, Zakaria up close

By   /  Friday, April 29th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Sorkin, Zakaria up close

Andrew Ross Sorkin, M&A reporter for the New York Times, and CNN host Fareed Zakaria will speak in Santa Barbara.

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Bank earnings rebound signals better times

By   /  Friday, April 29th, 2011  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Bank earnings rebound signals better times

Santa Barbara Bank & Trust and its smaller banking peers in the region are reporting improved earnings.

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EDCO faces shakeup

By   /  Friday, April 22nd, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on EDCO faces shakeup

EDCO is scrambling to restore its image after five directors resigned and its staff came under fire for spending taxpayer dollar sat faraway restaurants and resorts.