Again, Ford buys a bank at a bargain
To Carl Webb, California in 2010 looks a lot like California circa 1993. A devastating meltdown in the housing sector. Sky-high unemployment. Deep budget problems. And a crisis in confidence that the Texas banker describes as “a little less spring in the step” of the California consumer. In short, the perfect time to get back Read More →
Read More →One of nation
One of the largest greenhouses on the West Coast has been put up for sale with an asking price of $18.5 million. Carpinteria orchid grower Gallup & Stribling’s 45-acre property includes 1.5 million square feet of greenhouse and industrial space. The property, just off of Highway 101 at 3450 Via Real, has been used to grow Read More →
Read More →Banks report mixed results, some growth
Tri-county banks reported mixed second-quarter results, but banker optimism and improved balance sheets suggest a measured economic turnaround is under way. “The worst is behind us and the economy is gradually picking up,” Sung Won Sohn, a CSU Channel Islands professor and former Wells Fargo economist, told the Business Times. “Earnings have stabilized. However, when Read More →
Read More →Dreaming of a new Old Town: Goleta looks to spruce up its downtown core
Goleta’s Old Town may soon get a new look, courtesy of City Hall. Business owners in the colorful but mismatched and rundown area of town, best known for its grocery stores and taquerías, may be able to give their storefronts a facelift and have the city foot the bill. On July 20 the Goleta City Read More →
Read More →Editorial: The way to San Jose
An impressive gathering of South Coast business and political leaders met July 21 to map out a strategy for restoring direct service from Santa Barbara’s airport to San Jose. This service is critical to meeting the needs of the region’s technology industry, and SkyWest Airlines’ decision to suspend the service earlier this summer did Read More →
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