Chevron and commercial real estate leaders says the project, which includes a business park at full build-out, will act as a catalyst for private-sector development in that portion of San Luis Obispo.
Since filing for bankruptcy protection on Aug. 15, Crunchies has laid off eight people — about a third of its full-time staff — at its Westlake Village headquarters, has reduced expenses by about $2 million and has put marketing initiatives and new product development on hold for the rest of the year.
Santa Barbara-based Social Intelligence, a firm that combs social media and other sites for red flags about potential employees, has inked a new deal to help combat workers’ compensation fraud.
Dear Editor: Construction is a cyclical industry. As the owner of a construction company in Santa Barbara County, I have focused on trying to dampen these high and low swings. By not having to lay off any employees since the 2008 economic downturn, it seems fair to say that we have been reasonably successful. For Read More →
Dear Editor: I was one of 50 South Coast business owners and founders who sent a letter to the Santa Barbara Region Chamber of Commerce asking it to endorse Measure P, the Healthy Air & Water Initiative to ban fracking and other extreme oil extraction in Santa Barbara County. This was an impressive and diverse Read More →
Since coming out of the recession, Penfield & Smith had been growing between 5 percent and 10 percent annually but that the company wasn’t hitting its full potential, CEO Hady Izadpanah told the Business Times.
An unrepentant Angelo Mozilo remains a key figure at the center of the housing collapse and financial crisis. Interviewed by Bloomberg News from his home in Montecito in early September, the former Countrywide Financial Corp. Chairman said he had no regrets about the wild ride that transformed the Calabasas firm from a small mortgage company Read More →