The top five financial truths in blockbuster Amgen-Onyx deal
For sheer size and scale, Amgen’s $10.4 billion purchase of South San Francisco-based cancer drug maker Onyx Pharmaceuticals dwarfs any recent deal in the Tri-Counties. For size, let’s remember that Dole Food Co. is selling its entire self for about $1.3 billion and that Santa Barbara Bank & Trust parent Pacific Capital Bancorp, previously the Read More →
Read More →The Golden State needs to stop scaring away its manufacturers
What California doesn’t have is a government that provides a clear set of rules for manufacturers or a playing field that’s remotely level with other states.
Read More →Editorial: Government to government talks needed in SYV debate
The county can’t really afford a protracted legal battle to stall the project nor can it afford to buy it from the Chumash.
Read More →Op/ed: Bank of America should own up to its part in the mortgage mess
By Steven Mintz on August 23, 2013 The crackdown on financial institutions whose disgraceful actions in the subprime mortgage mess triggered the 2008 financial crisis have finally hit Bank of America. On Aug. 6, the Department of Justice and the U.S. Securities and Exchange Commission sued BofA for alleged securities fraud. The DOJ and SEC Read More →
Read More →Editorial: County should work with Chumash on vision for the Santa Ynez Valley
The Santa Ynez Band of Chumash Indians is asking the federal government to annex the so-called Camp Four property in the Santa Ynez Valley into its reservation, a move that would remove it from Santa Barbara County’s property tax rolls and from its onerous development process. The Chumash bought the 1,390-acre property in 2010 for Read More →
Read More →Op/ed: Business owners should deal with new health care rules now
Confusion and uncertainty about the Affordable Care Act was heightened in July, when the Obama Administration postponed the large-employer health care mandate for one year, until January 2015.
Read More →Editorial: Mortgage fraud crackdown counts another success
The Ventura County District Attorney’s office has struck pay dirt in its long-running investigation into mortgage fraud.
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