The Obama Administration has achieved an important milestone in getting a general agreement on the Trans-Pacific Partnership. The TPP involves roughly 40 percent of the global economy and includes most of Asia except China. It lowers tariffs, reduces informal barriers that get in the way of U.S. exports of services and adds new protections for Read More →
By Staff Report / Monday, October 5th, 2015 / Latest news, Top Stories / Comments Off on Haggen lines up buyers for 10 stores in Tri-Counties
Haggen is looking to sell some of its soon-to-be vacant stores in the Tri-Counties to Gelson’s Markets and Smart & Final pending bankruptcy court approval, the company announced Oct. 5. Gelson’s and Smart & Final got the first pick of 127 shuttering Haggen stores. The high-end Encino-based grocer Gelson’s signed an asset purchase agreement Read More →
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The announcement that Richard Rush was going to retire next spring after a decade at the helm of CSU Channel Islands took a number of folks by surprise. And as Business Times writer Tony Biasotti pointed out in his article on the resignation in our Aug. 28 edition, his departure leaves a vision for the Read More →
Westlake Village-based Kythera Biopharmaceuticals missed analyst estimates when it released second quarter earnings on Aug. 6. Kythera lost $1.44 per share, missing analyst estimates of a loss of $1.10 per share. For the quarter, Kythera lost $37.2 million, compared to $19.5 million during the second quarter of 2014. On June 17, Allergan announced that it Read More →
Goleta-based nonprofit Direct Relief is one step closer to building a new 155,000-square-foot facility by the Santa Barbara Airport where it could produce and distribute humanitarian aid, medicine and other vital supplies to impoverished and disaster-stricken communities around the world. The Santa Barbara Architectural Board of Review continued the project after its first concept review Read More →