Staff Report | Monday, March 31st, 2014
Whole Foods buys New Frontiers in SLO for first Central Coast store
Central Coast, Real Estate, Top Stories, Tri-County EconomyGrocery giant Whole Foods Market has purchased the New Frontiers Natural Marketplace in San Luis Obispo, setting the stage for its first Central Coast store. Austin-based Whole Foods announced on March 31 that it has purchased the New Frontiers stores in San Luis Obispo and in Flagstaff, Prescott and Sedona, Ariz. Terms of the Read More →
Staff Report | Friday, March 28th, 2014
Reason study: Taxpayers would save $460M with pension overhaul
East Ventura County, Top Stories, Tri-County Economy, West Ventura CountyA proposal to change Ventura County’s public-employee pension system from a defined-benefit to a 401(k)-style system would save taxpayers $5.4 million in cash flow over the first two years and $51.6 million in cumulative savings over five years of reform, according to a study by the Los Angeles-based Reason Foundation, a libertarian think tank. The Read More →
Staff Report | Friday, March 28th, 2014
Inogen swings to $18.2M profit in 2013
Banking & Finance, Earnings, South Coast, Technology, Top Stories, Tri-County Public CompaniesMedical device maker Inogen notched $18.2 million in profits, or $1.10 per diluted share, on $75.4 million in revenue last year, the Goleta firm said in its first earnings report as a public company.
Staff Report | Friday, March 28th, 2014
2014 class of Top Women in Business announced
Special Sections, Top Stories, Women Inc.This special section honors 50 women business leaders in the Tri-Counties. In addition, we’ve profiled our awards reception keynote speaker: Zhena Muzyka, founder of Zhena’s Gypsy Tea.
Staff Report | Thursday, March 27th, 2014
Baxter BioScience to be spun out
East Ventura County, Technology, Top Stories, Tri-County EconomyBaxter International, an Illinois company that is a major employer in the Conejo Valley, is planning to split itself into two companies.
Staff Report | Thursday, March 27th, 2014
Startup Paso Robles wine brand Chronic Cellars purchased
Central Coast, Top Stories, Tourism, Tri-County Economy, Wine & ViticultureNovato-based Winery Exchange has purchased Chronic Cellars out of Paso Robles, a young winery known for its red-wine blends and counter-culture branding. Terms of the deal were not disclosed. Chronic Cellars is best known for red blends such as its zinfandel-based Purple Paradise and its syrah-based Sofa King Bueno, Winery Exchange said in a Read More →
Staff Report | Tuesday, March 25th, 2014
La Entrada to restart construction amid tourism tax boom
Real Estate, South Coast, Top Stories, Tourism, Tri-County EconomyIn another sign that the region’s tourism industry is entering boom times again, the city of Santa Barbara experienced double-digit growth in hotel taxes in the first eight months of its fiscal year. During the annual State of the City breakfast on March 24, City Manager Jim Armstrong said that Transient Occupancy Tax, or TOT, Read More →