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SBMA gets $1.1M gift from Schlosser family

By   /  Monday, May 21st, 2012  /  Latest news, Nonprofits  /  Comments Off on SBMA gets $1.1M gift from Schlosser family

The Santa Barbara Museum of Art said May 21 that it has received a $1.1 million gift pledge from the Schlosser Family Trust to fund the organization’s education programs. The gift will be given over 10 years, the nonprofit museum said. Nancy Schlosser, a member of the museum’s Legacy Society, established a Charitable Lead Trust Read More →

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Williams: Green jobs key to Central Coast economy

By   /  Monday, May 21st, 2012  /  Green Coast, Latest news, Tri-County Economy  /  Comments Off on Williams: Green jobs key to Central Coast economy

The Central Coast has the potential to be a green-jobs leader, but the public sector must provide supportive policies. That was the view from 35th District Assembly Member Das Williams, D-Santa Barbara, who hosted the second annual Green Jobs Summit at Ventura City Hall on May 19. Government needs to “send the right signals,” he Read More →

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CKE to go public again in $100M offering

By   /  Thursday, May 17th, 2012  /  Banking & Finance, Latest news  /  Comments Off on CKE to go public again in $100M offering

Less than two years after a $1 billion buyout by Apollo Management, CKE Restaurants, the Carpinteria-based parent of burger chains Carl’s Jr. and Hardees, is preparing to go public again in a $100 million offering. The company said in a brief statement on May 17 that it had filed regulatory papers with the U.S. Securities Read More →

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Yardi adds 200 employees with purchase of billing company

By   /  Thursday, May 17th, 2012  /  Latest news  /  Comments Off on Yardi adds 200 employees with purchase of billing company

Yardi Systems said May 17 that it purchased  Ista North America’s Multifamily Services Group, a business that provides utility billing services for owners and managers of apartment complexes. The deal brings 200 employees into Yardi’s fold. Goleta-based Yardi  makes property management software for apartment complexes. With about 350 employees, it’s one of the largest private Read More →

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Transphorm hiring heats up

By   /  Wednesday, May 16th, 2012  /  Latest news, Technology  /  Comments Off on Transphorm hiring heats up

Goleta-based energy efficiency firm Transphorm has broken the 100-employee mark and set its sights on markets that could save four times the electricity consumed by New York City. The company, a UC Santa Barbara spinout headed by electrical engineering professor Umesh Mishra and business partner Primit Parikh, laid out the company’s growth and plans at Read More →

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Allegiant Air debuts flight from Santa Maria to Honolulu

By   /  Tuesday, May 15th, 2012  /  Latest news  /  Comments Off on Allegiant Air debuts flight from Santa Maria to Honolulu

Allegiant Air is introducing a direct flight from Santa Maria to Hawaii, the airline announced May 15. Weekly nonstop flights from Santa Maria Public Airport to Honolulu International Airport will start in November. Fares for the new route start at $199 each way, the airline said in a news release. News of the route comes Read More →

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Ergomotion pens year’s largest lease in Santa Barbara

By   /  Monday, May 14th, 2012  /  Latest news, Real Estate  /  1 Comment

Ergomotion, a company that makes adjustable bed bases, has signed the largest commercial lease in Santa Barbara so far this year. Year-to-date, the 9,656-square-foot lease at 203 Chapala St. is the largest in Santa Barbara in terms of square footage, according to Hayes Commercial Group. The commercial real estate firm brokered both sides of the Read More →