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Smaller, better, faster: Goleta photonics firm looks for a breakthrough

By   /  Friday, May 6th, 2011  /  Features, Technology  /  Comments Off on Smaller, better, faster: Goleta photonics firm looks for a breakthrough

Goleta-based startup Aurrion is working on silicon photonics integration.

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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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Postal Service weighs cuts in Oxnard

By   /  Friday, January 7th, 2011  /  Tri-County Economy  /  Comments Off on Postal Service weighs cuts in Oxnard

The U.S. Postal Service is considering closing its processing and distribution facility in Oxnard and moving the work to its Goleta facility, a move that would save about $1.8 million and cost the region 79 jobs. The Postal Service has scheduled a public meeting for Jan. 20 in Oxnard to review the proposal. At that Read More →

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Orfalea sues cousin and development partner

By   /  Monday, December 20th, 2010  /  Real Estate  /  Comments Off on Orfalea sues cousin and development partner

Paul Orfalea, the founder of Kinko’s and a major presence on the South Coast business and philanthropic scenes, is suing his cousin over $27.8  million in allegedly unpaid loans to a development company the two co-founded. Orfalea and cousin Gary Safady founded Beverly Hills-based O&S Holdings in 1992. Its projects in the Tri-Counties include Zodo’s Bowling Read More →

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Citrix Online to buy European firm

By   /  Friday, December 17th, 2010  /  Latest news, Technology  /  Comments Off on Citrix Online to buy European firm

Citrix Online said on Dec. 17 that it has agreed to buy Netviewer, a private German firm that offers similar products

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Driving into the sunset: Santa Barbara Airbus owner looks back on council term

By   /  Monday, December 13th, 2010  /  Features  /  Comments Off on Driving into the sunset: Santa Barbara Airbus owner looks back on council term

Outgoing Goleta Mayor and Santa Barbara Airbus CEO Eric Onnen looks back on his city government career

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Booting up profits: Ugg puts big spring into Deckers

By   /  Monday, November 29th, 2010  /  Tri-County Public Companies  /  Comments Off on Booting up profits: Ugg puts big spring into Deckers

Deckers Outdoor Corp.’s profits jumped 24.4 percent to $42 million in its most recent quarter on strong sales of its signature Ugg brand of boots and Teva sandals.