UCSB center adds nano spin to biotech
By Pacific Coast Business Times Staff / Monday, October 12th, 2009 / Top Stories / Comments Off on UCSB center adds nano spin to biotech
Hoping to carve out a role for nanotechnology in treating life-threatening diseases, the University of California, Santa Barbara, and a medical research institute in San Diego County have formed a multimillion-dollar partnership to recruit up to 150 scientists and support staff and house a research center at UCSB. Called the “Center for Nanomedicine,” the UCSB-Burnham Read More →
Investor tosses business bank a lifeline
By Pacific Coast Business Times Staff / Monday, October 5th, 2009 / Top Stories / Comments Off on Investor tosses business bank a lifeline
While the banking crisis is still far from over, those in the Tri-Counties have a handful of indicators that things aren’t as bad as they seem. Take Ventura County Business Bank in Oxnard. A few months ago, President and Chief Executive Gerald Lukiewski was scrambling to find capital before his FDIC-imposed December deadline. Now, since Read More →
A flood of penalties
By Pacific Coast Business Times Staff / Friday, October 2nd, 2009 / Top Stories / Comments Off on A flood of penalties
Businesses are some of the biggest water polluters in the Tri-Counties, and now they’re facing millions of dollars in penalties. Power-generating stations, oil wells and a high-end resort hotel have all run into allegations from state regulators that they failed to report water quality data or discharged pollutants in amounts greater than they were allowed. Read More →
News analysis: Weighing options for Pacific Capital
By Pacific Coast Business Times Staff / Friday, October 2nd, 2009 / Top Stories / Comments Off on News analysis: Weighing options for Pacific Capital
Pacific Capital Bancorp faces a fork in the road: Go it alone or find a stronger partner. Shareholders passed two proposals Sept. 29 that would let the parent of Santa Barbara Bank & Trust and several other tri-county banking brands go either way. The question now is what each path would hold. What’s not in Read More →
Upscale grocers get ready for Whole Foods debut
By Pacific Coast Business Times Staff / Monday, September 28th, 2009 / Top Stories / Comments Off on Upscale grocers get ready for Whole Foods debut
You can come out now, Santa Barbara. There isn’t going to be a food fight. At least that’s what John Jurey, manager of the incoming Whole Foods grocery store, says. When Whole Foods announced that it would open a Santa Barbara store in fall 2009, the city braced itself for an Old West-style showdown between Read More →
A good year
By Pacific Coast Business Times Staff / Monday, September 28th, 2009 / Top Stories / Comments Off on A good year
It may have been a sour year for the national economy, but bottle it up and 2009 will probably taste better on reflection. Up and down the Central Coast, wineries are frantically bringing grapes in for the crush by the truckload and, by and large, the feedback seems to be that it’s going to be Read More →
CLU Forum: Bank chiefs see few green shoots
By Pacific Coast Business Times Staff / Tuesday, September 22nd, 2009 / Top Stories / Comments Off on CLU Forum: Bank chiefs see few green shoots
After taking a pounding from the fast-falling economy and tough-minded regulators this year, community banks in the Tri-Counties are beginning to think they’re at the bottom. But it’s too early to say if the Tri-Counties are in the recovery phase. That’s the view of four top regional bank chief executives who spoke at a Sept. Read More →
