Breaking news: Pacific Capital aims for reverse stock split
Pacific Capital Bancorp, parent of Santa Barbara Bank & Trust, wants to execute a reverse split of its stock to bolster its sagging stock price. The region’s biggest independent banking company said Aug. 17 that it will hold a special shareholder meeting in Santa Barbara on Sept. 29 to vote on the reverse split. The Read More →
Carp fights oil
Carpinteria’s City Council voted 4-1 on Aug. 10 to appeal a defeat it suffered in a challenge to oil firm Venoco’s efforts to get a drilling initiative on the ballot this fall. The city council voted in closed session to continue its legal efforts after it lost a Santa Barbara County Superior Court case Read More →
Beyond war games
If a terrorist attack or natural disaster hit the Tri-Counties, the first businesses asked for help might not be the ones you’d think. “When you have a mass-casualty event, one of the first businesses that gets tapped is the ice cream companies,” said David Banks, executive director of the Center for Asymmetric Warfare at Point Read More →
Coast Village Shopping Center will become country-style market
In one of the largest retail deals in California this year, an investment group led by J.S. Rosenfield & Company has purchased the 30-year ground lease from Pacific Capital Bancorp on the Coast Village Shopping Center in Montecito. The Santa Monica-based real estate company plans to convert the 45-year-old center into a country mart, said Read More →
College has tools for making business leaders
Thomas Aquinas College may have the key to creating better employees for companies everywhere. The Santa Paula school’s uncommon curriculum and learning structure set it apart from other liberal arts colleges. But most important to employers, graduates are trained in sparking discussions and handling ethical issues. Thomas Aquinas bases its entire curriculum on the Read More →
New event runs on a fast track
June Snow had a great idea and she ran with it. Snow and her husband, Rusty, are the founders and producers of the Santa Barbara Marathon, which will hold its first race this December. The course will take runners from just west of the Camino Real Marketplace on Hollister Avenue, loop around through Goleta Read More →
