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ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →
By Henry Dubroff / Monday, May 4th, 2015 / Latest news, Opinion / Comments Off on Baltimore takes meaningful step back after night of chaos
Tragedy and redemption is a theme that runs through American history. A new chapter has just been written in Baltimore, the place that is home to our national anthem, itself a story of survival in the face of war and invasion. The scene of race riots in the civil war and an industrial decline that Read More →
By Guest commentary / Monday, May 4th, 2015 / Latest news, Opinion / Comments Off on State of region report pinpoints dwindling middle class
As any regular reader of the Pacific Coast Business Times knows, there is no shortage of experts and organizations churning out reports and studies and economic forecasts for our region. Why, then, did the Ventura County Civic Alliance decide to add to this plenitude by turning its State of the Region Report from an every-five-years Read More →
By Adam Hill I recently had the privilege of honoring MindBody at the opening of their campus in San Luis Obispo. As I gazed out at a sea of people — most in commemorative T-shirts identifying them as employees — my throat swelled with excitement. Why was I overcome in that moment, and why have Read More →
In an update to the Business Times’ April 3 story on the trials and tribulations of the Santa Barbara Public Market, some tenant angst is starting to spill over. While a few tenants, including Rori’s Artisanal Ice Cream and Empty Bowl, are exceeding revenue expectations, at least one merchant feels misled by claims project developer Read More →
A Nobel Prize winner, two recent IPOs, a cultural icon who knows how to innovate and a startup entrepreneur will be honored this year at the South Coast Business and Technology Awards. The Scholarship Foundation of Santa Barbara has announced that Nobel Laureate Shuji Nakamura, the founders of device makers Inogen and Sientra, the Santa Read More →
