When Mike Towbes stepped down as chair at Montecito Bank & Trust on April 3, he deftly handed the reins of the region’s largest banking company to incoming Chair Janet Garufis and President George Leis. As with just about everything Towbes does, the move was carefully calibrated. At age 87, Towbes has earned the right Read More →
When the Business Times broke the story that Amgen was cutting roughly 500 support and operations jobs at its sprawling Thousand Oaks campus, there were gasps — and sighs of relief. Gasps because the world’s largest biotechnology company is the economic engine for the Conejo Valley, East Ventura County and, for that matter, a big Read More →
At a time when hand wringing over the high cost of housing has become more of a political cop out than a panacea, a new study underscores the benefits of infill development. Next 10, a group that relies on interdisciplinary research from UC Berkeley’s law, environmental and business experts, has cited infill housing for many Read More →
A cardinal rule about covering politics these days is that it’s never too early to speculate. So, with the contours of the Trump administration’s approach to budgeting just coming to light, it seemed timely to begin to try to sort out winners and losers among major tri-county institutions. It’s way too early to predict what Read More →
In fits and starts, the inevitable widening of Highway 101 from Carpinteria to Santa Barbara is proceeding at a steady pace. The latest sign of progress on the project is the Santa Barbara County Association of Governments’ approval for building HOV lanes in the Linden Avenue to Casitas Pass Road portion of the project. It Read More →
Amid the turmoil of November’s election results, it was easy to overlook passage of the Measure O sales tax increase for the city of Ventura. The Business Times took some heat for endorsing Measure O, which clearly struck a chord with voters who rejected a countywide transportation tax measure. A transportation tax initiative in San Read More →
When UC Santa Barbara hands out its annual “Venky” award for entrepreneurial leadership each spring, typically it is a top scientist who gets the hardware. That’s because the award is named after Venky Narayanamurti, the former UCSB dean of engineering and an architect of the strategy that made UCSB a world leader in materials, photonics Read More →