Forecast: hope for SB tourism
Santa Barbara County’s tourism industry has reached bottom, and the slow crawl out will mean reaching out to markets both close to home and across the Pacific. That’s the message industry experts delivered to hoteliers and restaurateurs at a tourism and travel outlook forecast for the county on Nov. 17. Particular bright spots are continued Read More →
Mixed signals from the top ruin strong economic foundations
As an awful year for business heads for the history books, we’re going to sound a couple of warning notes about 2010. What troubles us more than anything else are what economists like to call “externalities” — events clearly beyond control of those of us who operate in the Tri-Counties. Here’s a look at two Read More →
Conjeo Valley
She’s been at the job for less than a year, but former Domino’s pizza queen Jill Lederer’s kingdom may already be expanding. Lederer is the president of the Thousand Oaks-Westlake Village Regional Chamber of Commerce, an organization that may just add Agoura Hills to its title if city officials decide to swap chambers next month. Read More →
Breaking news: Weyrich auction postponed
UPDATE: The auctioning off of San Luis Obispo businessman David Weyrich’s properties on York Mountain Road near Templeton and Los Ranchos Road near San Luis Obispo was postponed Friday morning — at the beneficiaries’ request — until Tuesday Nov. 24. • Click here to read the previous story and check the Nov. 27 print issue Read More →
Pacific Capital shares up 35 percent
Shares of Pacific Capital Bancorp soared 35 percent in unusually heavy trading on Nov. 18 as the stock closed at 91 cents. Volume was more than 2 million shares compared with the normal 1.3 million shares daily. No news was announced, but as earlier reported, the region’s largest banking company has been seeking a buyer Read More →
Semtech announces profit, acquisition
Camarillo-based chipmaker Semtech, which makes parts for the BlackBerry and other mobile phones, announced an $11.9 million third-quarter profit Nov. 18 and said it had purchased Irvine-based chipmaker Sierra Monolithics for $180 million in cash. Revenues were down 6 percent from a year ago to $75.1 million, but that figure represented a 13 percent increase Read More →
