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By pacbiztimes / Friday, March 1st, 2013 / Top Stories, Tri-County Economy / Comments Off on Defense leaders: Sequestration would be felt throughout region
Potential furloughs, hiring freezes and other spending cutbacks to the region’s defense institutions could send an economic ripple effect through the Tri-Counties, according to economists and industry leaders. The 2011 Budget Control Act aims to reduce the government’s deficit and will trigger $85 billion budget-wide spending cuts on March 1. The federal spending cuts, also Read More →
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By Stephen Nellis / Friday, February 15th, 2013 / Central Coast, Features, Green Coast, Technology / Comments Off on Someone new under the sun: Mainstream hires former UTC exec
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By Stephen Nellis / Friday, February 15th, 2013 / Nonprofits, Top Stories, Tri-County Economy / Comments Off on CPA’s study: Nonprofits bring billions in to South Coast
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By pacbiztimes / Friday, February 15th, 2013 / Features, Real Estate, Tri-County Economy / Comments Off on A model for work force housing: Partnership helps thousands of people on South Coast
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By Staff Report / Tuesday, February 12th, 2013 / Latest news, Technology, Tri-County Economy / Comments Off on Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas
Officials at Haas Automation appeared flattered by a pre-Valentine’s Day recruitment visit by Texas Gov. Rick Perry, but did not reveal any definitive news about the company’s expansion or relocation plans on Tuesday. The Oxnard-based machine-tool maker was courted by Perry after saying publicly that it is considering locations outside of California to expand beyond Read More →
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By Staff Report / Friday, February 8th, 2013 / Latest news, Tri-County Economy / Comments Off on SB Chamber charts new path
The Santa Barbara Region Chamber of Commerce announced Feb. 7 that it had undertaken its biggest overhaul in decades, bringing a “new vision” to one of the largest and oldest business organizations in the Tri-Counties. Outgoing Chair Janet Garufis, president of Montecito Bank & Trust, said she and her board faced a “daunting task” a year ago Read More →
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By Marlize van Romburgh / Friday, February 8th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy / Comments Off on First California nixes acquisition on eve of PacWest deal
Westlake Village-based First California Financial Group has called off a deal to acquire Premier Service Bank, a small Riverside-based lender it was slated to buy last year. The dashed deal may be a sign that a contentious $231 million acquisition of First California by Los Angeles-based PacWest Bancorp is moving forward. Executives from First California Read More →