Latest
By Staff Report / Thursday, May 7th, 2015 / Banking & Finance, Latest news, Real Estate, South Coast, Top Stories / Comments Off on ERG Resources files bankruptcy, business for sale
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 →
Latest
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 →
Latest
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 →
Latest
By Guest commentary / Monday, May 4th, 2015 / Latest news, Opinion / Comments Off on Why opportunity matters
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 →
Latest
By Elijah Brumback / Friday, May 1st, 2015 / Columns, Latest news, Real Estate / Comments Off on The knives come out at the Santa Barbara Public Market
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 →
Latest
By Henry Dubroff / Friday, May 1st, 2015 / Latest news, Technology, Tri-County Economy / Comments Off on South Coast Biz Tech Awards: 2015 winners include Nobel winner, startups and a zoo
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 →
Latest
By Henry Dubroff / Friday, May 1st, 2015 / Columns, Latest news / Comments Off on The sudden awakening of antitrust regulators may be temporary
Just a few weeks ago, it looked like some of the crown jewels of tri-county commerce were about to change hands. Simon Property Group was mounting a hostile takeover of Macerich, looking to add The Oaks, Pacific View and La Cumbre to holdings that already include the Camarillo and Pismo Beach shopping outlet complexes. And Read More →
