Connexity powers up for profitability with new funds
By Stephen Nellis / 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 Marlize van Romburgh / 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 →
Remembering Jack Gilbert: Legendary Ventura County developer passes away
By Henry Dubroff / Friday, August 10th, 2012 / Nonprofits, Real Estate, Top Stories / Comments Off on Remembering Jack Gilbert: Legendary Ventura County developer passes away
He had an engaging smile, an independent streak and a willingness to stand up for what he thought was right. John B. “Jack” Gilbert brought a level of confidence and charm to everything he did, whether it was running a public company, building a real estate empire or engaging in philanthropy. That’s how the longtime Read More →
Honda contract key to Clean Diesel turnaround
By Stephen Nellis / Friday, August 3rd, 2012 / Technology, Top Stories / Comments Off on Honda contract key to Clean Diesel turnaround
Ventura-based Clean Diesel Technologies is gearing up for the first big test of whether its merger strategy will pay off. The clean tech emissions control company said July 30 that it won a contract to supply catalyst coatings for four- and six-cylinder Honda Accords, some of the best-selling car models in North America. The next Read More →
Raytheon ramps up Vision Systems work force in Goleta
By Stephen Nellis / Friday, August 3rd, 2012 / Technology, Top Stories / Comments Off on Raytheon ramps up Vision Systems work force in Goleta
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Nesbitt hotels file $100M bankruptcy
By Marlize van Romburgh / Thursday, August 2nd, 2012 / Banking & Finance, Personal Finance, Real Estate, Top Stories, Tourism / Comments Off on Nesbitt hotels file $100M bankruptcy
[Editor’s note: See correction appended below.] 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 Read More →
Analysis: John Kerry trades on Amgen show loophole in new law
By Staff Report / Friday, July 27th, 2012 / Banking & Finance, Law & Goverment, Technology, Top Stories, Tri-County Public Companies / 1 Comment
By Julian Moore, Special to the Business Times, on July 27, 2012 In August, stock sales by members of Congress and thousands of federal employees will get new scrutiny under the STOCK Act, a law passed in April to combat insider trading among government officials. But a Business Times examination of the timing of the Read More →