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Housing solution key to strong Central Coast economy

By   /  Friday, October 28th, 2016  /  Central Coast, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Housing solution key to strong Central Coast economy

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Montecito Bank & Trust net income down but loan, deposit growth strong

By   /  Tuesday, October 18th, 2016  /  Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Montecito Bank & Trust net income down but loan, deposit growth strong

Santa Barbara-based Montecito Bank & Trust reported $10.9 million of net income in the third quarter, down from $12.2 million over the same period last year, but had strong loan and deposit growth. In 2016, MB&T discontinued reversals of excess loan loss reserves to support loan growth, which is reflected in the reduced year-to-date net Read More →

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Tri-county flower growers cut out the middleman

By   /  Friday, September 16th, 2016  /  Agribusiness, left  /  Comments Off on Tri-county flower growers cut out the middleman

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Venoco offers early end to offshore oil production if it can draw more sooner

By   /  Thursday, September 15th, 2016  /  Energy, Latest news, South Coast  /  Comments Off on Venoco offers early end to offshore oil production if it can draw more sooner

Updated Sept. 16 at 2:30 p.m.: Venoco has proposed to bring an early end to its offshore oil and gas production if the company’s Lease Line Adjustment Project is approved. Denver-based Venoco, which has significant operations in Santa Barbara County, proposed on Sept. 16 that it would hand its offshore oil leases back to the Read More →

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Trader Joe’s planning to move to bigger Santa Barbara space

By   /  Friday, June 24th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Trader Joe’s planning to move to bigger Santa Barbara space

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Senior living facility coming to Carpinteria

By   /  Friday, June 17th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Senior living facility coming to Carpinteria

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Microsoft buying Lynda.com parent LinkedIn for $26 billion

By   /  Monday, June 13th, 2016  /  Latest news  /  Comments Off on Microsoft buying Lynda.com parent LinkedIn for $26 billion

Lynda.com parent LinkedIn is being acquired by Microsoft for $26 billion. LinkedIn bought the Carpinteria-based web tutorial service Lynda.com just over a year ago for $1.5 billion. Lynda.com still has about 350 employees at its office at 6410 Via Real in Carpinteria. Microsoft’s acquisition of professional social network LinkedIn is one of the largest technology Read More →