Granada leasing is tall order
By Pacific Coast Business Times Staff / Monday, October 26th, 2009 / Top Stories / Comments Off on Granada leasing is tall order
Santa Barbarans like to think they live the good life. They feel like they’re on top of the world. And now they have the chance to claim space atop the city’s tallest building. The Granada Theatre spent the past few years wrapped in a cocoon of scaffolding and tarps before emerging as a fully restored Read More →
Small banks caught in regulation crackdown
By Pacific Coast Business Times Staff / Monday, October 26th, 2009 / Top Stories / Comments Off on Small banks caught in regulation crackdown
[Editor’s note: A clarification regarding Community West Bank’s profits has been added at the bottom of the story.] Two banks with tri-county operations have received orders from federal regulators to raise capital. The parent companies of Solvang-based Los Padres Bank and Woodland Hills-based Western Commercial Bank both now face a series of deadlines to boost Read More →
Bernanke at Bacara
By Pacific Coast Business Times Staff / Monday, October 26th, 2009 / Top Stories / Comments Off on Bernanke at Bacara
Federal Reserve Chairman Ben Bernanke swooped through a Santa Barbara conference on Oct. 19, warning that Asia’s new export policies could lead to renewed trade imbalances if the U.S. doesn’t work with trade partners across the Pacific. During the invitation-only Asian Economic Policy Conference at the posh Bacara Resort & Spa, Bernanke said that low Read More →
Bernanke warns against trade imbalances at Santa Barbara event
By Pacific Coast Business Times Staff / Monday, October 19th, 2009 / Top Stories / Comments Off on Bernanke warns against trade imbalances at Santa Barbara event
Federal Reserve Chairman Ben Bernanke warned a gathering in Santa Barbara on Oct. 19 that Asia’s new export policies could lead to renewed trade imbalances if the U.S. doesn’t work with trade partners across the Pacific. In an event under tight security wraps at the Bacara Resort & Spa, Bernanke said that low interest rates Read More →
Microsoft
By Pacific Coast Business Times Staff / Monday, October 19th, 2009 / Top Stories / Comments Off on Microsoft
With Windows 7 slated for release Oct. 22, information technology firms around the Tri-Counties are gearing up for a flurry of new installations and breathing a sigh of relief that they finally have a decent Microsoft operating system to sell. Whether they have a financial incentive to brag on it or not, all of the Read More →
Thousand Oaks builder counts on tech
By Pacific Coast Business Times Staff / Monday, October 19th, 2009 / Top Stories / Comments Off on Thousand Oaks builder counts on tech
The past year nearly demolished some construction firms in the Tri-Counties, but one Thousand Oaks general contractor that carved out a niche building laboratories and other high-end projects has eked out gains. Wesely-Thomas Enterprises has built or remodeled for Amgen, Teledyne Technologies and facilities for California Lutheran University in Thousand Oaks, among other tri-county clients. Read More →
Debt burdens weigh on Affinity Group
By Pacific Coast Business Times Staff / Monday, October 19th, 2009 / Top Stories / Comments Off on Debt burdens weigh on Affinity Group
The August collapse of Ventura-based Affinity Bank appears to be just one blow in a string of troubles for its owner, Stephen Adams, whose highly leveraged business empire faces more than $746 million in debt payments in coming years. The Montecito businessman and philanthropist controls Ventura-based Affinity Group, a media and direct-marketing firm that targets Read More →
