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SBAM parent to sell to TIAA-CREF

By   /  Monday, April 14th, 2014  /  Banking & Finance, Top Stories  /  Comments Off on SBAM parent to sell to TIAA-CREF

New York-based TIAA-CREF is buying Nuveen Investments, the debt-saddled parent company of Santa Barbara Asset Management, for $6.3 billion.

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Cal Poly names new business dean

By   /  Thursday, April 10th, 2014  /  Central Coast, Tri-County Economy  /  Comments Off on Cal Poly names new business dean

Scott Dawson, dean of the School of Business and Administration at Portland State University, has been named the new dean of Cal Poly San Luis Obispo’s Orfalea College of Business. He will begin his post on Aug. 1. At Portland State, Dawson previously served as interim dean for the School of Business and Administration and Read More →

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Clean Diesel raises $6.9M in stock offering

By   /  Wednesday, April 9th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel raises $6.9M in stock offering

Clean Diesel Technologies has raised $6.9 million in a sale of common stock and warrants. The Ventura-based auto emissions technology firm said it sold about 2 million shares and warrants in a direct offering. The proceeds will be used for “general corporate purposes.”

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Sebelius speaks frankly about women in leadership at Fielding talk

By   /  Tuesday, April 8th, 2014  /  Central Coast Health Watch, Top Stories, Women Inc.  /  Comments Off on Sebelius speaks frankly about women in leadership at Fielding talk

  [EDITOR’S NOTE: Kathleen Sebelius resigned on April 10, the New York Times and other national media outlets reported.] On a day when President Barack Obama signed an executive order mandating equal pay for women working for federal contractors, Fielding Graduate University hosted Health and Human Services Secretary Kathleen Sebelius for a more down-to-earth discussion Read More →

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Invoca garners Salesforce.com investment, rolls out new technology

By   /  Tuesday, April 8th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Invoca garners Salesforce.com investment, rolls out new technology

Santa Barbara-based inbound call technology firm Invoca has added Salesforce.com to its investor roster and released a new voice intelligence technology to help its customers decode incoming calls. Invoca’s software lets marketers generate unique phone numbers for campaigns and then route and track the calls and sales that result. The company has raised more than Read More →

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Business Times to induct Dave Power into Hall of Fame

By   /  Monday, April 7th, 2014  /  Tri-County Economy  /  Comments Off on Business Times to induct Dave Power into Hall of Fame

Auto industry legend J.D. “Dave” Power III, co-founder of J.D. Power & Associates, will become the ninth member of the Pacific Coast Business Times’ regional Business Hall of Fame. Power and the rankings produced by the firm he founded, Westlake Village-based J.D. Power & Associates, have been hugely influential on the auto industry. Power’s pioneering Read More →

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Montecito’s Starbucks center sells for $14.5M

By   /  Monday, April 7th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Montecito’s Starbucks center sells for $14.5M

The 13,800-square-foot retail center at 1046 Coast Village Road in Montecito has been purchased by a local couple for $14.5 million. (Photo courtesy of Radius Commercial Real Estate & Investments)

  The Starbucks-anchored retail center at 1046 Coast Village Road in Montecito has been sold to a local couple for $14.5 million. Montecito residents Deborah and James Longo purchased the 13,800-square-foot property in an off-market deal, according to Radius Commercial Real Estate & Investments. Along with the coffee shop, the other long-term tenants at the Read More →

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