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Ojai Community Bank out from regulatory order

By   /  Tuesday, March 27th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Ojai Community Bank out from regulatory order

Ojai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →

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Gov. Brown talks high-speed rail, energy

By   /  Friday, March 23rd, 2012  /  Latest news  /  1 Comment

During Gov. Jerry Brown’s first term as head of the state, he green-lighted a plan for a high-speed rail. Thirty years later, the statewide rail project remains a priority for Brown — and it’s one way the California government is working to make the state green. “What’s really interesting right now is to look back Read More →

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P&G, Paul Mitchell execs say mass-market is key for green

By   /  Thursday, March 22nd, 2012  /  Green Coast, Latest news, Tri-County Economy  /  Comments Off on P&G, Paul Mitchell execs say mass-market is key for green

Reaching the 85 percent of American consumers who won’t buy a more expensive product simply because it’s the eco-friendly alternative is one of the largest challenges facing American manufacturers. That was the discussion Thursday morning between Wall Street Journal editors, Procter & Gamble Co.’s chief executive, the entrepreneur behind Paul Mitchell shampoos and Patrón tequila, Read More →

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Lovins: Green energy a $1 trillion prize for private sector

By   /  Wednesday, March 21st, 2012  /  Green Coast, Latest news, Tri-County Economy  /  Comments Off on Lovins: Green energy a $1 trillion prize for private sector

Energy efficiency represents a $5 trillion business opportunity to reshape civilization and make a profit. That’s the view of Rocky Mountain Institute founder Amory Lovins, who spoke to a capacity filled audience at UC Santa Barbara on March 21. Lovins spoke in advance of the Wall Street Journal’s annual Eco:nomics conference taking place at the Read More →

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Canary sale finalized

By   /  Wednesday, March 21st, 2012  /  Latest news  /  Comments Off on Canary sale finalized

Santa Barbara’s Canary Hotel changed hands on March 22, when Kimpton Hotels & Restaurants finalized an estimated $40 million deal that’s been in the works since January. The private equity branch of the San Francisco-based hotel company acquired the 97-room boutique hotel along with its attached eatery, Coast Restaurant and Bar, Canary general manager Laura Read More →

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U.S. cracks down on Chinese solar

By   /  Tuesday, March 20th, 2012  /  Latest news  /  Comments Off on U.S. cracks down on Chinese solar

Handing a victory to SolarWorld Industries, which maintains offices in Camarillo, the U.S. Department of Commerce has issued a preliminary ruling that would impose a series of small tariffs on solar panels imported from China. According to a press release from a coalition of panel makers that supported the SolarWorld dumping case, the March 20 Read More →

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Tech leaders preview new incubator in Santa Barbara

By   /  Monday, March 19th, 2012  /  Latest news, Real Estate, Technology  /  Comments Off on Tech leaders preview new incubator in Santa Barbara

Santa Barbara will soon have a new technology incubator space, and its organizers are giving technology insiders a sneak peak on March 21. The Synergy Business & Technology Center at 1 N. Calle Cesar Chavez is slated to open next month. Its organizers hope it will restore some of the cheap, flexible office space for Read More →