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Better times at the inn: Thousand Oaks Marriotts signal hotel turnaround

By   /  Friday, May 20th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Better times at the inn: Thousand Oaks Marriotts signal hotel turnaround

Two Marriott hotels in Thousand Oaks that faced foreclosure on a $25  million construction loan have negotiated to extend the terms of the loan and the action has been dismissed, the head of the San Luis Obispo-based firm that owns the properties said.

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C&D hiring hundreds in Santa Maria

By   /  Friday, May 20th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on C&D hiring hundreds in Santa Maria

A sea change in the way airlines are thinking about premium travel has propelled explosive growth at C&D Zodiac, a Santa Maria manufacturer that could see employment approach the 1,000-person mark if the rebound in the aviation business remains on track.

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Software firms trade espionage claims

By   /  Friday, May 6th, 2011  /  Technology, Top Stories  /  Comments Off on Software firms trade espionage claims

The two largest property management software firms in the nation are locked in a court battle over alleged corporate espionage.

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Area banks hiring

By   /  Friday, May 6th, 2011  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on Area banks hiring

After posting mostly solid first-quarter earnings, banks in the region are scouting for resumes again. Three of the largest firms in the region are looking to fill more than 300 open positions among them.

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Santa Barbara startups scramble to find homes

By   /  Friday, May 6th, 2011  /  Real Estate, Technology, Top Stories  /  Comments Off on Santa Barbara startups scramble to find homes

A group of technology veterans and a State Street landowner are working to secure a new home for dozens of tenants — many of them startup companies — that were recently given 30 days to pack up and leave the technology center at 402 E. Gutierrez St. in Santa Barbara.

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Scaling up: Cloud computing firm expands to double its space

By   /  Friday, May 6th, 2011  /  Real Estate, Technology, Top Stories  /  Comments Off on Scaling up: Cloud computing firm expands to double its space

RightScale is taking over 26,000 square feet of space in downtown Santa Barbara.

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Smaller firms win in defense makeover

By   /  Friday, May 6th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Smaller firms win in defense makeover

The defense industry in the Tri-Counties is headed for its biggest shakeup in decades. Longtime players are cutting jobs while younger firms see growth as the Pentagon draws down its two foreign wars and focuses on strategic threats. Raytheon, a major Goleta employer, confirmed layoffs that will affect about 160 of its jobs in Goleta. Read More →