November 19, 2024

		

Editorial Department


| Monday, January 25th, 2010

Westmont neglected as donor defaults on $75M

Opinion

By any account, $75 million is a lot of money. If you are a small, Christian college laboring with recovery from a major fire and an ambitious expansion plan, it’s an enormous amount of money. Which is why the report in this issue of the Business Times that Westmont College’s mystery donor won’t be able Read More →

| Monday, January 25th, 2010

Region shows compassion for Haiti

Opinion

When tragedy strikes, our region steps up. That’s one of the truly remarkable things about living and working in the tri-county region. The Business Times takes some space on these pages to pay tribute to all the innovative ways our businesses and nonprofits have found to raise money for earthquake relief for Haiti. Rather than Read More →

| Monday, January 25th, 2010

Donor in default on $75M gift

Top Stories

Stephen Adams, owner of Affinity Group in Ventura and former owner of the failed Affinity Bank, appears to have defaulted on his $75 million gift to Westmont College, slamming the brakes on the school’s most ambitious building project in a quarter century. Though Westmont could not confirm it, Adams is believed to be the man Read More →

| Monday, January 25th, 2010

On an avocado Mission

Top Stories

Oxnard-based Mission Produce is turning almost as green as its avocados. The avocado and asparagus distributor, which pulled in $226 million in revenue last year, is seeing shades of green in its future — of both the energy and monetary variety. Sales are strong, and with worldwide avocado supply projected to increase in the next Read More →

| Monday, January 25th, 2010

Investors hold breath as PCBC reports

Top Stories

With Pacific Capital Bancorp’s earnings call slated for Jan. 28, investors and analysts will be looking for clarity and answers now that the bank’s most likely fate is a merger. Failing that or a big infusion of capital, a regulatory seizure looms on the horizon. On Jan. 14, Pacific Capital, the parent of Santa Barbara Read More →

| Monday, January 25th, 2010

NAI report: Ventura County has seen the worst of CRE woes

Columns

Ventura County’s office market is still reeling from the Countrywide collapse, according to a recently released NAI report.   Office vacancy in the county is still up, and the NAI market report puts the number around 20 percent and notes that net absorption was negative through the third quarter of 2009. “Office space is tough Read More →

| Monday, January 25th, 2010

Green Coast summit puts iZone on map

Columns

On Jan. 21, some 80 business, community and educational leaders met to kick off a project that has evolved from a column in this newspaper into something called the Green Coast Innovation Zone. It was a rare moment when the leadership of all three counties — Ventura, Santa Barbara and San Luis Obispo — were Read More →