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USDA creates emergency response framework to fight citrus disease

By   /  Friday, December 20th, 2013  /  Agribusiness, East Ventura County, Latest news, South Coast  /  Comments Off on USDA creates emergency response framework to fight citrus disease

The framework will allow the USDA and its partners to coordinate resources, share information and develop strategies to combat a serious bacterial disease affecting citrus crops locally and in other states.

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SLO Spencer’s to close, be replaced by Grocery Outlet

By   /  Monday, December 16th, 2013  /  Central Coast, Latest news, Real Estate  /  Comments Off on SLO Spencer’s to close, be replaced by Grocery Outlet

Spencer’s Fresh Markets in the Laguna Village Shopping Center in San Luis Obispo is closing at the end of January and will be replaced by two new stores, according to the business and mall management.

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Digital West adds New York node, looks to Australia

By   /  Thursday, December 12th, 2013  /  Central Coast, Latest news, Technology  /  Comments Off on Digital West adds New York node, looks to Australia

San Luis Obispo-based Digital West Networks has added a data co-location center in New York and is set to bring another online in Australia early next year.

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Lucas to retire from UCSB after 36 years

By   /  Tuesday, December 10th, 2013  /  Latest news, South Coast, Tri-County Economy  /  Comments Off on Lucas to retire from UCSB after 36 years

Gene Lucas, longtime executive vice chancellor of US Santa Barbara and a fixture on campus for more than three decades, will retire at the end of the year, the university said Dec. 10.

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Investors happy to pay retail for prime shopping properties

By   /  Friday, December 6th, 2013  /  Latest news  /  Comments Off on Investors happy to pay retail for prime shopping properties

There were no Black Friday markdowns on prime retail buildings in the Tri-Counties. In recent weeks, two high-profile retail properties have changed hands in deals totaling more than $31 million.

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Inogen files IPO to raise up to $86.2M

By   /  Tuesday, December 3rd, 2013  /  Latest news, Technology  /  Comments Off on Inogen files IPO to raise up to $86.2M

Inogen was founded in 2001 by three UCSB students, one of whom had a grandmother who had recently been placed on oxygen therapy. The therapy required heavy, bulky oxygen tanks that could not be taken on airplanes and other places.

After winning the New Venture Competition business plan contest at UCSB, the team went on to develop a device that used electricity to concentrate oxygen from the air. The concentrators were lighter and less bulky, weighting between 4.8 and 7 pounds.

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Judge tosses patent in FindTheBest case

By   /  Monday, December 2nd, 2013  /  Latest news, Law, Technology  /  Comments Off on Judge tosses patent in FindTheBest case

Summerland-based FindTheBest has secured a court victory in a patent lawsuit. A federal court in New York ruled on Nov. 22 that a patent held by Delaware-based Lumen View Technology was invalid. Lumen View, which does not produce products or services based on the patent, had sued FindTheBest alleging infringement.

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