Donation clouds Blue Shield complaint
By Pacific Coast Business Times Staff / Monday, April 5th, 2010 / Top Stories / Comments Off on Donation clouds Blue Shield complaint
Thanks to a law firm’s $10,000 contribution to an assemblymember’s campaign for Insurance Commissioner, a Santa Barbara agent’s crusade to get small-business coverage looks like one more piece of political theater in a tough election year. On March 23, Brent Anderson filed a complaint with the California Department of Insurance against Blue Shield of California Read More →
South Coast Business & Technology Awards honor five
By Pacific Coast Business Times Staff / Monday, April 5th, 2010 / Top Stories / Comments Off on South Coast Business & Technology Awards honor five
An international medical nonprofit, the chairman of Oracle Corp. and a top female software entrepreneur will be honored at the region’s biggest business and technology fundraiser. The South Coast Business & Technology Awards Dinner in Santa Barbara is in its 16th year. Regularly drawing more than 600 guests and 70 corporate sponsors to Fess Parker’s Read More →
Health care
By Pacific Coast Business Times Staff / Monday, April 5th, 2010 / Top Stories / Comments Off on Health care
Tri-county hospitals are ready to put the recession behind them as they look toward the brave new world of health care reform. For the most part, reform means area hospitals will receive less for reimbursements but will have fewer uninsured patients coming through the system. “The net effect will be the reduction in charity care,” Read More →
Limoneira readies for Wall Street
By Pacific Coast Business Times Staff / Monday, March 29th, 2010 / Top Stories / Comments Off on Limoneira readies for Wall Street
Santa Paula-based Limoneira is ready to put a sour year behind it as it gears up to become a fully publicly traded company in coming months. In mid-February, the citrus and avocado giant filed papers with the Securities and Exchange Commission to begin trading its shares on the Nasdaq stock exchange. The move to Wall Read More →
Dining dilemma
By Pacific Coast Business Times Staff / Monday, March 29th, 2010 / Top Stories / Comments Off on Dining dilemma
Fine dining is a tough business in downtown Santa Barbara. Even a helping hand from a Hollywood star sometimes isn’t enough to pull a family business through. Consider Epiphany Restaurant & Bar. After eight and a half years in business and backing from onetime co-owner Kevin Costner, the Academy Award-winning actor who maintains a villa Read More →
Banks bring $100M in capital into region
By Pacific Coast Business Times Staff / Monday, March 29th, 2010 / Top Stories / Comments Off on Banks bring $100M in capital into region
Some $100 million in new capital has poured into tri-county banks in recent weeks, providing a potential new flow of credit to businesses. But how fast that new cash translates into loans depends on the remaining fallout from the recession and what regulators are willing to allow as commercial real estate bottoms. While economists called Read More →
Products power Semtech growth
By Pacific Coast Business Times Staff / Monday, March 22nd, 2010 / Top Stories / Comments Off on Products power Semtech growth
Camarillo chipmaker Semtech Corp.’s $180 million, all-cash acquisition of an Orange County firm is paying off with profits and a new product mix analysts say sets the semiconductor company up for steady, high-margin growth in coming years. In December, Semtech, which has a market capitalization of about $1.1 billion and makes chips for consumer products Read More →