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Editorial: Santa Barbara politicos trade places as fiscal clock ticks

By   /  Friday, March 28th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Santa Barbara politicos trade places as fiscal clock ticks

Santa Barbara County Supervisor Peter Adam and Santa Barbara Mayor Helene Schneider are an unlikely political pairing.

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La Entrada to restart construction amid tourism tax boom

By   /  Tuesday, March 25th, 2014  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on La Entrada to restart construction amid tourism tax boom

In another sign that the region’s tourism industry is entering boom times again, the city of Santa Barbara experienced double-digit growth in hotel taxes in the first eight months of its fiscal year. During the annual State of the City breakfast on March 24, City Manager Jim Armstrong said that Transient Occupancy Tax, or TOT, Read More →

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Sonos fights Apple spinoffs in patent battle

By   /  Friday, March 21st, 2014  /  Law & Goverment, Technology, Top Stories  /  Comments Off on Sonos fights Apple spinoffs in patent battle

Wireless speaker maker Sonos made its first-ever disclosure of $535 million in revenue while locked in a patent fight against sophisticated opponents with ties to Apple.

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Health leaders: ‘Ambitious’ Obamacare goals tough to implement

By   /  Wednesday, March 19th, 2014  /  Central Coast, East Ventura County, Health Care & Life Science, Nonprofits, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Health leaders: ‘Ambitious’ Obamacare goals tough to implement

Uncertainties shrouding Obamacare implementation are leaving many health-care providers strained, and consumers are thus far seeing few of the cost cuts promised by the overhaul. That was the theme that emerged from a March 18 forum in Santa Barbara hosted by nonprofit Visiting Nurse & Hospice Care.

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Sonos snags Xbox product chief

By   /  Tuesday, March 18th, 2014  /  Technology  /  Comments Off on Sonos snags Xbox product chief

Santa Barbara-based wireless speaker maker Sonos has recruited the head of Microsoft’s Xbox product team to become its new chief product officer.

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Michael and Anne Towbes give $5M to Granada Theatre group

By   /  Monday, March 17th, 2014  /  Nonprofits, Real Estate, Tourism  /  Comments Off on Michael and Anne Towbes give $5M to Granada Theatre group

Developer and banker Michael Towbes and his wife, Anne, have made a $5 million gift to the Santa Barbara Center for the Performing Arts. The gift is irrevocable, the organization said in a March 17 announcement, and is in addition to the $15 million the couple has previously given to SBCPA.

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Sonos’ revenue revelation generates buzz among IPO speculators

By   /  Friday, March 14th, 2014  /  Columns, Opinion  /  Comments Off on Sonos’ revenue revelation generates buzz among IPO speculators

It takes a ton of revenue — or some very foolishly spent capital — to support a multimillion-dollar ad campaign, including a coveted spot in the Super Bowl commercials.