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Tri-county malls could change ownership in hostile takeover bid

By   /  Monday, March 9th, 2015  /  Latest news, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Tri-county malls could change ownership in hostile takeover bid

If the deal moves forward, a number of tri-county properties would wind up under the Simon banner, including the The Oaks, Pacific View Mall and La Cumbre Plaza in Santa Barbara.

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Santa Barbara Fresh Market closing shop, company exiting California

By   /  Friday, March 6th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Santa Barbara Fresh Market closing shop, company exiting California

The presence of grocery chain The Fresh Market in Santa Barbara and all of California is stale. The company announced in an earnings release March 6, it’s retreating out of the state completely, nixing the short-lived Milpas Street location along with stores in Palo Alto and Laguna Hills. The Milpas locations was up and running Read More →

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Calavo shares shoot up on Q1 earnings

By   /  Friday, March 6th, 2015  /  Agribusiness, Earnings, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo shares shoot up on Q1 earnings

Santa Paula-based Calavo Growers roared out of the gate with a profit of $5.3 million in its fiscal 2015 first quarter, according to a release from the company. The company’s shares jumped nearly 6.5 percent to $45.05 at the market’s close. After recording a $1.8 million loss in the same period last year, Calavo appears Read More →

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Amgen’s portfolio threatened as FDA paves path for lower-cost drugs

By   /  Friday, March 6th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen’s portfolio threatened as FDA paves path for lower-cost drugs

Zarxio, the first biopharmaceutical copycat approved in the U.S., will pave the way for lower-cost alternatives to existing treatments.

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Westmont launches Center for Social Entrepreneurship downtown SB

By   /  Friday, March 6th, 2015  /  Features, Latest news, Real Estate, Small Business, South Coast, Top Stories  /  Comments Off on Westmont launches Center for Social Entrepreneurship downtown SB

Santa Barbara’s Christian liberal arts college is tapping into the downtown business community with a new program that focuses on entrepreneurship and social change.

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Legendary family unwraps Creston film studio

By   /  Friday, March 6th, 2015  /  Central Coast, Latest news, Small Business, Top Stories  /  Comments Off on Legendary family unwraps Creston film studio

Hollywood Motion Picture Experience will begin filming “Emerald Bay,” the first movie to put Central Coast communities in the spotlight, at the end of next month.

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Isla Vista lawsuit claims red flags were ignored

By   /  Friday, March 6th, 2015  /  Latest news, Law & Goverment, Top Stories  /  Comments Off on Isla Vista lawsuit claims red flags were ignored

The causes of action include violations of due process and negligence and the case will likely revolve around whether Rodger’s behavior in the months before his rampage warranted a warning to prospective roommates.