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T.O. culture chief says arts are a vital economic driver

By   /  Thursday, January 31st, 2013  /  Latest news, Tri-County Economy  /  Comments Off on T.O. culture chief says arts are a vital economic driver

Tapping the region’s economic potential means developing better relationships between businesses and arts organizations, said Barry McComb, cultural affairs director for the city of Thousand Oaks. Speaking at California Lutheran University’s kickoff for its Corporate Leaders Breakfast series, McComb said rather than looking at business and the arts sectors as separate interests, the right path Read More →

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Cuesta president says college is moving past accreditation worries

By   /  Thursday, January 24th, 2013  /  Latest news  /  Comments Off on Cuesta president says college is moving past accreditation worries

After a hearing earlier this month, Cuesta College appears to be on track to putting its accreditation woes behind it. College officials said that a team put together by President Gil Stork made an appearance before a review panel to answer questions about progress made in addressing issues that threatened the future existence of the Read More →

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Caruso, county resume talks over Miramar wages

By   /  Wednesday, January 23rd, 2013  /  Latest news, Tourism  /  Comments Off on Caruso, county resume talks over Miramar wages

Los Angeles developer Rick Caruso said Jan. 23 that he has resumed talks with Santa Barbara County officials to implement a hotel incentive program to kickstart work on the Miramar Hotel. First District Supervisor Salud Carbajal and Montecito Association President Richard Nordlund joined Caruso at the recently demolished Miramar site in Montecito to discuss the Read More →

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Target aims for Westlake Village

By   /  Friday, January 18th, 2013  /  Latest news, Real Estate  /  Comments Off on Target aims for Westlake Village

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K-Swiss agrees to $170M buyout by Korean firm

By   /  Thursday, January 17th, 2013  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on K-Swiss agrees to $170M buyout by Korean firm

Shares of Westlake Village-based footwear firm K-Swiss soared 48 percent on the morning of Jan. 17 after the company agreed to a $170 million buyout. E.Land World Ltd. of South Korea offered to pay $4.75 per share for K-Swiss, which has struggled with huge losses in recent years as sales of its iconic white tennis Read More →

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Sientra’s CEO tells of startup’s struggle and success

By   /  Thursday, January 17th, 2013  /  Latest news, Technology  /  Comments Off on Sientra’s CEO tells of startup’s struggle and success

In 2007, it seemed like an simple path to success: Sientra, a startup led by breast implant industry veterans, would acquire a portfolio of silicone implants, raise money and seek approval from the U.S. Food and Drug Administration to become the first new player in the industry in two decades. Between then and now, however, Read More →

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Lynda.com raises $103M

By   /  Wednesday, January 16th, 2013  /  Banking & Finance, Latest news, Technology  /  1 Comment

In a move that could change online education, Carpinteria-based lynda.com has raised $103 milllion from a group of investors, marking the first time the company has taken outside funding in its 17-year history. Lynda.com, one of the fastest-growing firms in the Tri-Counties, employs about 400 people and generated $100 million in revenue in 2012. It Read More →