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Crossroads Center developer sues Best Buy over growth plans

By   /  Friday, February 28th, 2014  /  Central Coast, Law, Real Estate, Tri-County Economy  /  Comments Off on Crossroads Center developer sues Best Buy over growth plans

In a suit filed last month in Santa Barbara County Superior Court, developer Santa Maria Associates 101 is suing Best Buy Stores and asking a court to affirm its rights to develop new pads in the center, which is located at Highway 101 and East Betteravia Road.

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Deckers shares plunge with predicted Q1 loss

By   /  Thursday, February 27th, 2014  /  Banking & Finance, South Coast, Top Stories  /  Comments Off on Deckers shares plunge with predicted Q1 loss

Shares of Ugg boot parent Deckers Outdoor Corp. were down almost 14 percent in after-hours trading on Feb. 27 (Deckers media photo)

Shares of Deckers Outdoor Corp. were down sharply in after-hours trading Feb. 27 as the company predicted a loss for this year’s first quarter of 16 cents per share compared to a 10-cent-per-share profit expected by Wall Street.

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Film productions reel in $4.1M for SLO County

By   /  Thursday, February 27th, 2014  /  Central Coast, Latest news, Tourism  /  Comments Off on Film productions reel in $4.1M for SLO County

Film production in San Luis Obispo County is on a roll, creating an estimated $4.1 million economic impact last year over 183 filming days. Notable credits include ABC’s “The Taste” and a slew of car commercials.

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American Airlines to stop flying to LAX from SBA

By   /  Thursday, February 27th, 2014  /  South Coast, Tourism, Tri-County Economy  /  Comments Off on American Airlines to stop flying to LAX from SBA

American Airlines will no longer offer service to Los Angeles from the Santa Barbara Airport starting April 1. The change is due to a nationwide restructuring of the airline’s routes, according to a Feb. 26 announcement.

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CLU receives $4.7M scholarship endowment

By   /  Tuesday, February 25th, 2014  /  East Ventura County, Nonprofits, Tri-County Economy  /  Comments Off on CLU receives $4.7M scholarship endowment

California Lutheran University in Thousand Oaks has received its largest-ever scholarship donation, a $4.7 million estate gift from a Pacific Palisades educator, the university said Feb. 25.

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Amgen Tour includes Pismo Beach, Cambria as first-time host cities

By   /  Friday, February 21st, 2014  /  Central Coast, Latest news, Tourism  /  Comments Off on Amgen Tour includes Pismo Beach, Cambria as first-time host cities

The two cities will play a part in highlighting the beauty of the Central Coast during the 740-mile cycling stage race, which will begin May 11.

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Venture capital raises at Goleta firms Transphorm and Tyrian top $23M

By   /  Friday, February 21st, 2014  /  Green Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Venture capital raises at Goleta firms Transphorm and Tyrian top $23M

Transphorm, a maker of energy-efficient electronic components, has raised $15 million in additional capital related to its recent partnership with Fujitsu Ltd. of Japan. Tyrian Systems, a firm founded by a pair of longtime infrared sensor entrepreneurs to commercialize thermal vision technology, has raised an $8.3 million Series B investment.

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