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Philanthropist, banker and developer Michael Towbes dies at 87

By   /  Thursday, April 13th, 2017  /  Banking Industry, Latest news, Nonprofits, Real Estate  /  Comments Off on Philanthropist, banker and developer Michael Towbes dies at 87

  Updated at 10 a.m. April 14: Michael Towbes, the tri-county region’s most prominent philanthropist, banker and real estate developer, whose influence spanned nearly six decades, died April 13. He was 87. “He passed away early this morning, surrounded by family, in peace,” said Towbes Group President Craig Zimmerman, in an email to the Business Read More →

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QAD declares quarterly dividend

By   /  Thursday, April 13th, 2017  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on QAD declares quarterly dividend

The board of directors for manufacturing software provider QAD, based in Santa Barbara, declared a quarterly dividend on April 13 for stockholders of record April 25. Stockholders will receive 7.2 cents for Class A common stock and 6 cents for Class B common stock, payable on May 2. • Contact Marissa Nall at [email protected].

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SBCAG upbeat on state funds for Highway 101 widening

By   /  Monday, April 10th, 2017  /  Latest news, South Coast  /  Comments Off on SBCAG upbeat on state funds for Highway 101 widening

More highway lanes, yes. Commuter trains, not so much. That was the word from Santa Barbara County Association of Governments Executive Director Marjie Kirn, who told business leaders on April 10 she’s optimistic that passage of a California transportation tax will fill a big part of the $300 million gap in funding for the Highway Read More →

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Cottage Health settles flesh-eating disease death lawsuit

By   /  Friday, April 7th, 2017  /  Columns, Health Care & Life Science, Latest news, Law & Goverment  /  Comments Off on Cottage Health settles flesh-eating disease death lawsuit

Cottage Hospital wants to merge with Sansum Clinic. Regulators are studying the proposal. (Nik Blaskovich)

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Summit Financial moving to Westlake Park Place

By   /  Friday, April 7th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Summit Financial moving to Westlake Park Place

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Central Coast foster care system needs more families

By   /  Friday, April 7th, 2017  /  Latest news, Op/Eds, Opinion  /  Comments Off on Central Coast foster care system needs more families

By Jim Roberts I believe it goes without saying, it is far better for our communities to solve local needs rather than depend upon the government. Right now on the Central Coast there is a significant need to which our families and individuals need to rally to solve. To put it bluntly, there are not Read More →

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Towbes giving up reins at Montecito Bank & Trust

By   /  Friday, April 7th, 2017  /  Banking & Finance, Banking Industry, middle, Nonprofits, Real Estate  /  Comments Off on Towbes giving up reins at Montecito Bank & Trust

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