Montecito Bank & Trust reports growth in deposits, loans and net income
Montecito Bank & Trust grew its assets 5.7 percent over the last 12 months and reported net income of $8.1 million for the first six months of 2017, up 12.5 percent from the prior year. In the earnings release Aug. 4, the Santa Barbara company said a 20.5 percent increase in loan growth year-over-year and Read More →
Aera Energy barrels ahead with East Cat Canyon oil field
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Deckers Brands sales up 20 percent year-over-year
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Sienna stock still soaring after $65 million IPO
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Dubroff: When it comes to LA and the Olympics, let the games begin
Los Angeles has won the right to host the 2028 Olympics. It will likely not be the last time the city welcomes the world’s top athletes to Southern California. In a split decision that was heralded as a successful combination of international deal making and diplomacy, the International Olympic Committee awarded the next two games Read More →
How pirate tactics built an entrepreneurial ecosystem
By Reneé Rock “It’s better to be a pirate than to join the navy.” When Steve Jobs uttered this phrase, he was speaking to the Mac team, which had become a kind of splinter group with its own identity within Apple. Jobs knew what he was up against at fast-growing Apple and intuitively understood that Read More →
Our view: Housing shortage spurs exodus to other states
While California’s housing crisis has begun to trigger a backlash, with some cities hunkering down behind NIMBY walls, the dire shortage of homes is having big impacts on other states. In Colorado, an influx of young, upwardly mobile professionals is fueling a boom in apartment building, driving rents higher and triggering an affordable housing crisis. Read More →
