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By Henry Dubroff / Thursday, December 17th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on City National bank CEO heralds Fed decision to raise rates
The Federal Reserve’s Dec. 16 decision to begin the long process of normalizing short-term interest rates got a thumbs up from one of Southern California’s most influential bankers. City National Bank CEO Russell Goldsmith heralded the decision to raise the benchmark short-term rate to 25 basis points from zero — the first rate hike in Read More →
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By Henry Dubroff / Friday, December 11th, 2015 / Columns, Energy, Latest news / Comments Off on Low gas prices great for tri-county consumers but not all businesses
Market disruptions have consequences. And the downward spiral in oil prices looks like the sort of disruption that could have far-ranging consequences. For one thing, we may be at the dawn of a decade where baby-boom era memories of gasoline lines fade and global demand for petroleum products is suppressed as China’s appetite for commodities Read More →
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By Henry Dubroff / Friday, November 27th, 2015 / Columns, Tri-County Economy / Comments Off on Dubroff: Small business owners not as optimistic as they should be
Despite the growing hype around Small Business Saturday, the promotion developed by American Express that’s gotten some traction in the past few years, the nation’s small business owners aren’t really that happy a bunch. Writing in a Nov. 13 report, Scott Anderson, the chief economist for Bank of the West, notes that one recent indicator Read More →
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By Henry Dubroff / Friday, November 20th, 2015 / Central Coast Health Watch, Columns, Latest news / Comments Off on Dignity Health investment in Central Coast paying off
During the past five years, Dignity Health has made methodical moves to bolster the healthcare system in North Santa Barbara and San Luis Obispo counties. That strategy has paid off in improved patient care and better facilities. Now health care is emerging as an industry that attracts talent and capital. It’s an industry that has Read More →
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By Henry Dubroff / Friday, November 13th, 2015 / Central Coast, Columns, Latest news, Technology / Comments Off on Dubroff: UCSB grad school will help tech managers innovate in digital age
The Central Coast has a growing reputation as a cool place for startups. But amid dozens of new ventures and talk of a tech-centric future looms the reality of growing a fully functional technology company. Listening to the earnings calls for AppFolio and MindBody, which recently had successful IPOs, you begin to realize just how Read More →
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By Henry Dubroff / Friday, November 6th, 2015 / Columns / Comments Off on Dubroff: Region’s road warriors weary of business in the slow lane
When mudslides shut Interstate Highway 5 through the Grapevine in mid-October, the effect on the Central Coast was immediate and severe. Thousands of cars and trucks had little choice but to travel via Highway 101 and they clogged the route from Ventura to Santa Barbara — a trip that takes 30 minutes in light Read More →
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By Henry Dubroff / Friday, October 30th, 2015 / Columns, Latest news / Comments Off on Dubroff: Obama administration’s anti-trust efforts failing in Tri-Counties
Monopoly is a fun game — as long as you’re the winner. And so it is in the actual game of business, where monopoly has become the all-too-frequent outcome of mergers and acquisitions. It happened just a few months ago in the grocery business. Office supplies and pharmacies could be next. The grocery saga is Read More →
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