September 15, 2024
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Bain Capital debt strikes sour note at Guitar Center

By   /  Friday, March 14th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Bain Capital debt strikes sour note at Guitar Center

With rumors swirling of an ownership change at debt-laden Guitar Center, all eyes will be on whether the Westlake Village-based company reversed its sagging online sales over the critical holiday season.

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Thousand Oaks law seminars focus on big questions in biotech

By   /  Friday, March 14th, 2014  /  East Ventura County, Law & Goverment, Technology, Tri-County Economy  /  Comments Off on Thousand Oaks law seminars focus on big questions in biotech

Organizers promise a steady progression from relatively anodyne topics like 3-D printers and intellectual property to touchier subjects, such as genetically engineered salmon, how animals are treated in biotech research and what ethical and legal obligations biotech researchers have when they appropriate and commercialize molecules traditionally used by indigenous cultures.

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Artificial pancreas trials move forward with $2.3M grant

By   /  Friday, March 14th, 2014  /  Health Care & Life Science, Nonprofits, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Artificial pancreas trials move forward with $2.3M grant

With $2.3 million in recent federal funding, Sansum Diabetes Research Institute is moving forward with clinical trials of its artificial pancreas, a device that researchers hope will substantially improve the lives of people living with Type 1 diabetes.

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As big-box firms slash stores, uncertainty for Tri-Counties

By   /  Friday, March 14th, 2014  /  Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on As big-box firms slash stores, uncertainty for Tri-Counties

Radio Shack plans to close up 1,100 stores around the U.S. and Staples, the largest office-supplies company in the U.S., said it would shutter 225 stores nationwide in a plan to cut costs by $500 million.

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Big firms check in to Santa Barbara hotel boom

By   /  Friday, March 14th, 2014  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Big firms check in to Santa Barbara hotel boom

The 122-room Hotel Oceana on Santa Barbara’s waterfront has been purchased for $41.7 million by a Philadelphia investment trust that wants to expand on the West Coast. (Alex Drysdale / Business Times photo)

A Philadelphia company’s $41.7 million purchase of Hotel Oceana in Santa Barbara signals that large out-of-town investors are betting on a major boom in South Coast tourism.

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Angling for change: Bren School startup serves up new model for sustainable seafood

By   /  Friday, March 14th, 2014  /  Agribusiness, Green Coast, Small Business, South Coast, Top Stories, Women Inc.  /  1 Comment

Norah Eddy, left, and Laura Johnson are founders of Salty Girl Seafood. The startup, spun out of the UC Santa Barbara Bren School of Environmental Science and Management, aims to make it easier for restaurants to source seafood directly from fishermen. (Alex Drysdale / Business Times photo)

A team of UCSB graduate students has created an online marketplace where restaurants and fishermen can connect directly to buy sustainable, traceable seafood.

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QAD profits slip despite record revenue

By   /  Thursday, March 13th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on QAD profits slip despite record revenue

Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.