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Pacificor, Terminator producers wrangle in court

By   /  Friday, August 21st, 2009  /  Top Stories  /  Comments Off on Pacificor, Terminator producers wrangle in court

Santa Barbara-based hedge fund Pacificor has grappled with hard-money lenders and auto-parts firms. Now it’s going up against the Terminator. The producers who own the Terminator franchise – whose “Terminator Salvation” film, released earlier this summer, raked in $370 million at the box office but hasn’t yet come out on DVD – filed for Chapter Read More →

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Looking for company

By   /  Friday, August 21st, 2009  /  Top Stories  /  Comments Off on Looking for company

As California Polytechnic State University, San Luis Obispo, mulls bringing a master’s of business administration program to Santa Barbara, business schools around the Tri-Counties say demand for the degree is booming because of a down economy and that their satellite campuses are going strong. Cal Poly said Aug. 12 that it plans to conduct a Read More →

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AppFolio gains $8M more in venture capital

By   /  Tuesday, August 18th, 2009  /  Top Stories  /  Comments Off on AppFolio gains $8M more in venture capital

Santa Barbara-based software firm AppFolio has gained another $8 million in venture capital. The investment came from the Investment Group of Santa Barbara, one of the company’s existing investors. It brings the total venture capital raised by the Web-based software company since last year to $30 million, more than any other investments disclosed by tri-county Read More →

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FDIC deadline looms for Affinity Bank

By   /  Monday, August 17th, 2009  /  Top Stories  /  Comments Off on FDIC deadline looms for Affinity Bank

Mark your calendars, bank watchers. Aug. 20 could be a big day for Ventura-based commercial real estate lender Affinity Bank. That’s the day the bank will have to show state and federal regulators that it’s either raised a lot of money, shed a lot of troubled loans or come up with some other way to Read More →

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Words from the Oracle

By   /  Monday, August 17th, 2009  /  Top Stories  /  Comments Off on Words from the Oracle

Oracle chairman and Santa Barbara resident Jeff Henley gave a motivational talk to teens at the start of a business leadership program sponsored by the Small Business Development Center. Henley spoke at the Lompoc Boys and Girls Club Aug. 10 to about a dozen youth members and a handful of adults as SBDC consultant for Read More →

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Big cuts for small business

By   /  Monday, August 17th, 2009  /  Top Stories  /  Comments Off on Big cuts for small business

Just when it seemed that the credit crunch couldn’t squeeze any harder, thousands of small businesses in California found that it could. Nationwide, credit cards rates were up, bank loans were trickling out and federal aid was still slow in taking effect. And then, with a few sentences of legislation tacked on to the state Read More →

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Comics

By   /  Monday, August 10th, 2009  /  Top Stories  /  Comments Off on Comics

Like the characters they create, many comic book artists and writers in the Tri-Counties find themselves moonlighting after their 9-to-5 jobs. The onset of the recession — combined with a continued decline in self-publishing revenues and fewer available distribution channels — has made it harder for independent writers and artists to earn a living from Read More →