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You are here:  Home  >  Articles by Pacific Coast Business Times Staff  -  Page 164
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Budget troubles spur pessimism

By   /  Sunday, December 7th, 2008  /  Opinion  /  Comments Off on Budget troubles spur pessimism

Amid all the talk about bailouts and megabucks deals for automakers, there’s been precious little talk about the small-business owners who create most of America’s jobs. Gov. Arnold Schwarzenegger is to be congratulated for convening a small business summit that presented a host of suggestions for improving access to bidding on state projects and for Read More →

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Pacificor, Michael Klein

By   /  Sunday, December 7th, 2008  /  Uncategorized  /  Comments Off on Pacificor, Michael Klein

Santa Barbara hedge fund Pacificor – once headed by Michael Klein, who was killed in a plane crash in Panama in December 2007 – has been sued for $30 million by the one-time owners of Quality Home Loans. The lawsuit joins hundreds of millions of dollars being sought in legal proceedings surrounding Pacificor and Klein’s Read More →

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Ampersand cuts more staff

By   /  Sunday, December 7th, 2008  /  Uncategorized  /  Comments Off on Ampersand cuts more staff

The parent company of the Santa Barbara News-Press said Dec. 3 that it is eliminating 17 positions and consolidating operations of two other publications it owns. Ampersand Publishing LLC, which owns the News-Press and other publications, said that its Carpinteria Valley Living and Valley Voice editions will be “incorporated into the daily pages” of the Read More →

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A special editor's note on the Miramar project

By   /  Sunday, December 7th, 2008  /  Opinion  /  Comments Off on A special editor's note on the Miramar project

Julia Louis Dreyfus, aka Elaine from the Seinfeld show, is about to take her long-running protest act before the Santa Barbara County Board of Supervisors. Dreyfus and a few neighbors have become the hecklers in the audience at one of the most interesting dramas to unfold on the South Coast in recent years. That is Read More →

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Strickland wins 19th Dist.

By   /  Sunday, December 7th, 2008  /  Uncategorized  /  Comments Off on Strickland wins 19th Dist.

With most of the ballots counted in Santa Barbara, Ventura and Los Angeles counties, Democrat Hannah-Beth Jackson conceded the 19th District State Senate race to rival Republican Tony Strickland Nov. 26.  With more than 415,000 votes cast in the Nov. 4 election, Strickland squeaked past Jackson by about 900 votes. The concession marks the conclusion Read More →

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Mentor fetches $1B but J&J walks away with bargain

By   /  Sunday, December 7th, 2008  /  Columns  /  Comments Off on Mentor fetches $1B but J&J walks away with bargain

There is a saying on Wall Street that industries consolidate at the top of a market and at the bottom. Consider, if you will, the case of Johnson & Johnson, which is buying Santa Barbara-based Mentor Corp. for $31 per share — or slightly more than $1 billion total. That’s basically a 100 percent premium Read More →

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Turbulent ride

By   /  Sunday, December 7th, 2008  /  Top Stories  /  Comments Off on Turbulent ride

Tri-county airports are reporting hefty declines in air traffic this year, a significant drop in business that managers are blaming on the newly-named recession. Year-to-date declines in passengers range from 30 percent to roughly 6 percent thanks to higher fuel costs, flight cutbacks and fewer business travelers. At the Santa Barbara Municipal Airport, the region’s Read More →

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