In this fight the winner, by split decision, is plaintiffs
CallWave’s attempt to take itself private caused a brief flare-up in Santa Barbara County Superior Court that likely will result in a payday for some out-of-town attorneys. The former Santa Barbara company hit the markets with a $40 million initial public offering in 2004. But its flagship products — most notably, a service to let Read More →
Forever 21
Forever 21, a trendy Los Angeles-based clothing store, has run into trouble in its bid to take over a Gottschalks location in Santa Maria vacated by that company’s bankruptcy. Officials behind the company that owns Santa Maria’s Town Center have objected to Forever 21 because they say the property’s lease agreements say that the former Read More →
The Green Coast: A budding initiative
On June 9, more than 30 business and community leaders convened in Santa Barbara to begin the work of creating a Green Coast economic development initiative for the Tri-Counties. The Green Coast initiative began with an April column in the Business Times. The idea behind it is to reinvent the economy of our region, using Read More →
An honor well deserved
Running a Workforce Investment Board is not glamorous work. It means fulfilling the requirements of EDD on a local level and shepherding a rising number of unemployed through the system. But Cheryl Moore at the Ventura County WIB has found ways to innovate in a tradition-bound bureaucracy. She’s helped build a new alliance among Central Read More →
Amgen escapes lawsuit
Ariad Pharmaceuticals lost its appeals court bid to demand royalties from Amgen over the arthritis drug Enbrel, Bloomberg news reported. Enbrel is Thousand Oaks-based Amgen’s top-selling drug with sales of $758 million in the first quarter. The U.S. Court of Appeals for the Federal Circuit in Washington said a lower-court judge was correct in his Read More →
Teledyne scores $18.8M
Thousand Oaks-based tech conglomerate Teledyne Technologies has scored an $18.8 million contract with the Defense Advanced Research Project Agency. Under the agency’s terahertz electronics program, a Teledyne subsidiary will work to advance transistor technology, circuit design and circuit packaging. The first phase of the deal is valued at $8.3 million over two years, and the Read More →
REC goes to Arizona
San Luis Obispo-based solar power installer REC Solar has expanded into Arizona. The company said it has opened an office in Phoenix and has started installing panels in the area. REC already has offices in California, Colorado, Oregon, Hawaii and New Jersey, and has won big contracts with firms such as Costco. Are you a Read More →
