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VW unveils $27M Oxnard testing center

By   /  Friday, August 24th, 2012  /  Real Estate, Technology, Top Stories  /  Comments Off on VW unveils $27M Oxnard testing center

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BioIQ deal helps Cottage keep pulse on employee health

By   /  Friday, August 24th, 2012  /  Health Care & Life Science, Technology, Top Stories, Tri-County Economy  /  Comments Off on BioIQ deal helps Cottage keep pulse on employee health

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CKE chief: Corn, Obamacare scuttled IPO

By   /  Friday, August 17th, 2012  /  Banking & Finance, Top Stories, Tri-County Economy, Tri-County Public Companies  /  1 Comment

CKE Restaurants has pulled the plug on a deal that would have made it a public company again and raised as much as $213.3 million for the Carpinteria-based fast-food operator. All sides agree investors ultimately balked because of bad timing. But analysts also lay part of the blame on the heavy debt load CKE incurred Read More →

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200 area jobs in limbo as UTC dumps Clipper

By   /  Friday, August 17th, 2012  /  Technology, Top Stories, Tri-County Economy  /  Comments Off on 200 area jobs in limbo as UTC dumps Clipper

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Marriotts hope to leave troubles behind under new ownership

By   /  Friday, August 17th, 2012  /  Banking & Finance, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Marriotts hope to leave troubles behind under new ownership

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Connexity powers up for profitability with new funds

By   /  Monday, August 13th, 2012  /  Technology, Top Stories  /  Comments Off on Connexity powers up for profitability with new funds

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$100M Nesbitt hotel portfolio files Chapter 11

By   /  Friday, August 10th, 2012  /  Real Estate, Top Stories, Tourism  /  Comments Off on $100M Nesbitt hotel portfolio files Chapter 11

Santa Barbara hotelier Patrick Nesbitt has placed a portfolio of eight Embassy Suites hotels into Chapter 11 bankruptcy, listing at least $100 million in debts. The bankruptcy filing, which gives Nesbitt’s companies protection from creditors while they restructure their debts, arises from a dispute with a lender over a $187.5 million loan used to refinance Read More →