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Schniepp: Outlook calls for robust housing recovery, modest job gains

By   /  Thursday, September 19th, 2013  /  Latest news, Real Estate, Tri-County Economy  /  Comments Off on Schniepp: Outlook calls for robust housing recovery, modest job gains

Expect home prices to continue to rise and slow job-growth gains in Ventura County next year. That was the outlook from regional economist Mark Schniepp of the California Economic Forecast, speaking at Hyatt Westlake Plaza in Thousand Oaks on Sept. 19. Tracking trends at the statewide level, Ventura County will see more housing starts, retail Read More →

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Warner pleads guilty to tax evasion, faces $53M penalty

By   /  Wednesday, September 18th, 2013  /  Latest news, Law  /  Comments Off on Warner pleads guilty to tax evasion, faces $53M penalty

Ty Warner, the Chicago billionaire and part-time Santa Barbara resident who owns the Four Seasons Biltmore, has been charged with federal tax evasion and plans to pay a $53 million penalty. Warner, the mind behind the wildly successful Beanie Baby toys, was charged with allegedly failing to report income he earned in a secret offshore Read More →

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Business Times founder honored with entrepreneurship award

By   /  Tuesday, September 17th, 2013  /  Latest news, Small Business, Technology  /  Comments Off on Business Times founder honored with entrepreneurship award

Henry Dubroff, the founder, editor and chairman of the Pacific Coast Business Times, was honored with the Joe Nida Entrepreneurial Spirit Award at the 2013 Clean Business Investment Summit in Santa Barbara on Sept. 12.

The award recognizes exceptional work promoting entrepreneurship on the South Coast. “Henry has been at the heart of the success of so many entrepreneurs, businesses, and organizations throughout our region — including our own,” California Coast Venture Forum CEO Jerry Knotts said in a statement. “We are extremely honored to present The Joe Nida Spirit Award to Henry, to acknowledge his exhaustive efforts on behalf of entrepreneurs and to salute him as an example of entrepreneurship and clean business growth.”

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Health leaders: ACA gets top marks for access but implementation still lags

By   /  Tuesday, September 17th, 2013  /  Central Coast Health Watch, Latest news, Tri-County Economy  /  Comments Off on Health leaders: ACA gets top marks for access but implementation still lags

As it nears the takeoff point, Obamacare gets an “A” for increased access but just average grades for implementation, so far. That was the consensus view among a panel of health care experts at the kickoff on Sept. 17 for California Lutheran University’s Corporate Leader’s Breakfast series. Dr. Matteo Dinolfo of UCLA Health gave the Read More →

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Sellout crowd at clean investment forum

By   /  Thursday, September 12th, 2013  /  Banking & Finance, Latest news, Technology  /  Comments Off on Sellout crowd at clean investment forum

More than a dozen companies pitched to a crowd of several hundred investors at the Clean Business Investment Summit in Santa Barbara on Sept. 12. The summit is hosted by the California Coast Venture Forum and is in its fifth year at its new home at the Corwin Pavilion on the UC Santa Barbara Campus. Read More →

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Murdock emerges as likely buyer for Dole

By   /  Wednesday, September 11th, 2013  /  Banking & Finance, Latest news  /  1 Comment

Dole Food Co. shares fell slightly to the $13.50 range after the company announced that a sale to Chairman and CEO David Murdock had cleared two key hurdles. Westlake Village-based Dole said that a 30-day “go shop” period had expired without a third party emerging as a competitive bidder. The company also announced that the Read More →

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MB&T chief highlights role of community banks

By   /  Friday, September 6th, 2013  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on MB&T chief highlights role of community banks

Locally based banks that take deposits from and make loans to the community form the lifeblood of many regional economies, and yet these institutions have only recently secured a voice in the national debate on financial policy. That was the view from Janet Garufis, CEO and president of Santa Barbara-based Montecito Bank & Trust, in Read More →

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