Pacific Coast Business Times Staff | Sunday, October 25th, 2009
Uncategorized
A groundbreaking ceremony to mark the beginning of construction for the $32 million terminal project at the Santa Barbara Municipal Airport was held on Oct. 22. The project includes construction of a new two-story 67,000-square-foot terminal built in Spanish Colonial Revival architecture, reconfiguration and landscaping of a new short-term parking lot, construction of a Read More →
Pacific Coast Business Times Staff | Monday, October 19th, 2009
Top Stories Federal Reserve Chairman Ben Bernanke warned a gathering in Santa Barbara on Oct. 19 that Asia’s new export policies could lead to renewed trade imbalances if the U.S. doesn’t work with trade partners across the Pacific. In an event under tight security wraps at the Bacara Resort & Spa, Bernanke said that low interest rates Read More →
Pacific Coast Business Times Staff | Monday, October 19th, 2009
Opinion When it comes to cleaning up the fiscal mess that goes by the name “California,” there’s no shortage of proposed solutions. Two very different approaches were the subject of the Ventura County Economic Development Association’s 2009 Outlook Conference. Solution one is a series of targeted, single-purpose ballot initiatives aimed at ending the annual budget gridlock Read More →
Pacific Coast Business Times Staff | Monday, October 19th, 2009
Opinion We were disappointed to learn that a representative of the Office of the Comptroller of the Currency backed out of a recent speaking engagement at Coastal Business Finance, the Santa Maria-based leader in small business finance. Such a talk might have done a lot to help bankers and borrowers meet face-to-face with one of the Read More →
Pacific Coast Business Times Staff | Monday, October 19th, 2009
Top Stories The past year nearly demolished some construction firms in the Tri-Counties, but one Thousand Oaks general contractor that carved out a niche building laboratories and other high-end projects has eked out gains. Wesely-Thomas Enterprises has built or remodeled for Amgen, Teledyne Technologies and facilities for California Lutheran University in Thousand Oaks, among other tri-county clients. Read More →
Pacific Coast Business Times Staff | Monday, October 19th, 2009
Top Stories The August collapse of Ventura-based Affinity Bank appears to be just one blow in a string of troubles for its owner, Stephen Adams, whose highly leveraged business empire faces more than $746 million in debt payments in coming years. The Montecito businessman and philanthropist controls Ventura-based Affinity Group, a media and direct-marketing firm that targets Read More →
Pacific Coast Business Times Staff | Monday, October 19th, 2009
Top Stories With Windows 7 slated for release Oct. 22, information technology firms around the Tri-Counties are gearing up for a flurry of new installations and breathing a sigh of relief that they finally have a decent Microsoft operating system to sell. Whether they have a financial incentive to brag on it or not, all of the Read More →