If a $55 billion cut to the U.S. defense budget takes effect on Jan. 2 as planned, small and mid-sized military contractors in the Tri-Counties stand to be hit the hardest by a $113 million reduction in the $1.2 billion that currently goes to defense spending in the region. The military cuts are part of Read More →
By Julian Moore on August 24, 2012 A Santa Barbara company that produces lavish luxury and collectible car shows has suspended its event schedule amid a financial shortfall and turmoil in its executive suite. Stratus Media Group, the luxury car show and fight promoter that owns the event, has sacked its CEO and given him Read More →
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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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