Grass-to-gas firm to get $100M for first project
By Stephen Nellis / Friday, June 14th, 2013 / Technology, Top Stories / Comments Off on Grass-to-gas firm to get $100M for first project
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$243M merger comes with fine, branch closures
By Marlize van Romburgh / Friday, June 7th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $243M merger comes with fine, branch closures
PacWest Bancorp’s contentious acquisition of First California Bank has closed but the dust hasn’t settled yet on the $243 million merger. As the deal was sealed, the banks announced that federal regulators had ordered First California to pay a $600,000 fine and set up $1.1 million in restitution to more than 64,000 consumers who had Read More →
County to seize Lompoc pond for salamander
By Stephen Nellis / Friday, June 7th, 2013 / Agribusiness, Law & Goverment, Real Estate, Top Stories, Tri-County Economy / Comments Off on County to seize Lompoc pond for salamander
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ECA Medical expands into new Thousand Oaks facility
By Dana Olsen / Friday, June 7th, 2013 / Technology, Top Stories / Comments Off on ECA Medical expands into new Thousand Oaks facility
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State exec to shed light on insurance exchange costs
By Dana Olsen / Friday, May 31st, 2013 / Banking & Finance, Health Care & Life Science, Small Business, Top Stories, Tri-County Economy / Comments Off on State exec to shed light on insurance exchange costs
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$118M Hertel bankruptcy signals end of saga
By Stephen Nellis / Friday, May 31st, 2013 / Features, Top Stories, Tri-County Economy / 1 Comment
Ventura-based developer Ronald W. Hertel has filed for personal bankruptcy, listing assets of $591,000 and debts of $118.4 million, likely signaling the final chapter in the spectacular collapse of his business empire. At his peak, Hertel claimed large stakes in homebuilder R.W. Hertel & Sons, private jets, vineyards and a thoroughbred horse ranch. He tried Read More →
Mission and State to launch in early June
By Dana Olsen / Friday, May 31st, 2013 / Top Stories / Comments Off on Mission and State to launch in early June
Come next week, there will be a new voice in Santa Barbara’s journalism market. Mission and State, a nonprofit news website that’s been in the works for more than a year, will consist mostly of in-depth, long-form stories about the Santa Barbara area and its residents. Joe Donnelly, Mission and State’s executive editor, told the Read More →