Frontier launches Santa Barbara service
More than 50 political and civic leaders came out to Santa Barbara Airport on June 4 for the inaugural Frontier Airlines flight from Santa Barbara to Denver. The daily flights give United Airlines its first competition in decades for the nonstop Denver route. Frontier will make the trip with 99-seat Embraer jets, the Read More →
Kavli Prize winners announced in Oslo
The winners of the Kavli Prize in astrophysics, neuroscience and nanoscience were announced June 3 in Oslo, Norway, by the Oxnard-based Kavli Foundation and the Norwegian Academy of Science and Letters. Eight American and European scientists won the prizes, which come with an award of $1 million. The astrophysics winners were Jerry Nelson of UC Read More →
Headhunting starts over for Cal Poly
After campus visits by the three finalists being considered for the post of new president of Cal Poly San Luis Obispo, CSU Chancellor Charles B. Reed has recommended that the process start over with a new pool of candidates, Cal Poly announced June 2. The CSU board of trustees has concurred with the chancellor’s recommendation, Read More →
Amgen gets FDA approval for Prolia
Thousand Oaks-based Amgen, the largest biotech company in the country and the tri-county region’s biggest private employer, announced June 1 that a major bone strength drug was approved by the U.S. Food and Drug Administration to treat osteoporosis in postmenopausal women. The approval is a breakthrough for Amgen, as analysts and investors have pinned their Read More →
Limoneira shares climb in Nasdaq debut
Shares of Santa Paula-based Limoneira Co., the largest citrus grower in the Tri-Counties, gained nearly 7 percent in their first day trading on the Nasdaq Stock Market. The company’s stock was formerly traded on the Pink Sheets, an over-the-counter exchange. Moving to the higher-visibility Nasdaq on May 27 was part of a plan Limoneira announced Read More →
Maldonado touts Gills Onions' fuel cell project
Making a pitch for California to lead the world in clean technology research, Lt. Gov. Abel Maldonado said a $10 million project in Oxnard shows how innovation can create jobs in old-line industries such as agriculture. “This is an important project for California,” said Maldonado, speaking May 14 at Gills Onions, where a waste recycling Read More →
Feds give Pacific Capital September deadline to raise cash
Pacific Capital Bancorp, parent of Santa Barbara Bank & Trust and the largest banking company in the Tri-Counties, is under new orders from regulators to boost its capital levels by September or potentially sell or liquidate the bank. Pacific Capital, which is in talks over a $500 million rescue that would transfer control of the Read More →
