A rare packed house filled the Cabrillo Pavilion Arts Center Wednesday night for the MIT Enterprise Forum of the Central Coast. The monthly event brings together businesses and technology experts to educate and inform entrepreneurs. Wednesday night, executives from Santa Barbra’s thermal imaging sector came together to inform entrepreneurs about the possibilities in thermal imaging. Read More →
Just a few months after it shut a Santa Barbara facility, Botox-maker Allergan has re-entered the Tri-Counties, agreeing to buy Kythera Biopharmaceuticals Inc. for about $2.1 billion. The deal will add the Westlake Village-based Kythera’s treatments for double chins and male pattern baldness to Allergan’s existing line of products, including a breast implant operation formerly Read More →
Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →
Plains All American Pipeline, the company responsible for spilling thousands of gallons of crude oil on the Gaviota Coast, said Friday it has spent more than $60 million on clean up efforts to date. There is no timeline on how long it will take to call the response complete, but the most recent update from Read More →
Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →
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