Invoca raises $30 million from investors
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Central Coast peer-to-peer lending grows
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Dubroff: Raising minimum wage to $15 per hour will hurt businesses
Having pushed through one of the largest tax increases in California history, Gov. Jerry Brown has now put his stamp on a minimum wage hike that will likely take away as much opportunity as it provides. A pragmatist and fiscal prude, Brown jumped into the minimum wage debate and wrung from union advocates concessions that Read More →
Munger pledges $200M for UCSB student housing
A Montecito-based philanthropist pledged at least $200 million to build new student housing on the UC Santa Barbara campus and possibly create a new model for the entire UC system. Charles Munger, the 92-year-old vice chairman of Berkshire Hathaway, presented his plan at a recent UC Board of Regents meeting to replace existing dorms on Read More →
Startup ecosystem alive and well in Tri-Counties
I was struck recently by how rich and diverse our startup community is here in the Tri-Counties. I do my best to get out and about to as many startup events as possible in the region, some days driving from my home in Ventura to remote corners of San Luis Obispo County. A few weeks Read More →
Art teacher sues SBCC for wrongful termination
A former Santa Barbara City College art teacher has sued the school for wrongful termination, claiming that the department is “ushering out an old era,” but some of his assertions do not check out based on Business Times research. William Durham filed a suit in Santa Barbara Superior Court on March 23. The former 20-year Read More →
Forcing workers to save may be key to retirement
Taxes and savings are much in the news these days. Baby boomers aren’t saving enough for retirement. Millennials will need $2 million portfolios in order to achieve a decent level of retirement income. Federal income taxes are too high – and don’t get us started about California. Old-fashioned pensions are largely gone from the private Read More →
