FAA shutdown grounds airport projects
The shutdown of the Federal Aviation Administration will put Santa Maria’s runway extension and two airport improvement projects in Ventura County in a holding pattern.
K-Swiss shares stumble on $20M loss
K-Swiss reported a second-quarter loss of $20 million, or 56 cents per share, on Aug. 4, tripping up analysts who had predicted a 30-cent per share loss.
Marshalls replaces Borders in Santa Barbara
Discount department store Marshalls opened on Santa Barbara’s State Street at 7:30 a.m. Aug. 4, ending a prominent vacancy in one of the region’s busiest retail districts.
ValueClick to buy Dotomi for $295M
ValueClick said Aug. 2 that it will pay $295 million to acquire Chicago-based online advertising firm Dotomi, the same day the Westlake Village-based firm announced earnings that beat analyst expectations.
Nahra surfaces at PacWest
Lynda Nahra has been hired by Los Angeles-based Pacific Western Bank to run its Central Coast region.
Scanlon Guerra Burke, Northridge Insurance combine forces
Scanlon Guerra Burke of Woodland Hills and Ventura-based Northridge Insurance Agency will combine their operations, creating one of the largest independent insurance brokerages in the region.
Business degree still on tap at city college
Four-year degrees in nursing and business shepherded by Santa Barbara City College President Andreea Serban will remain intact despite a recent vote by the school’s board of trustees to remove Serban from her position.
