Santa Barbara firms team up to buy Avila Beach hotel project
By Marlize van Romburgh / Friday, March 28th, 2014 / Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy / Comments Off on Santa Barbara firms team up to buy Avila Beach hotel project
The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.
Read More →AmeriFlex celebrates 25 years of helping entrepreneurs
By Stephen Nellis / Friday, March 28th, 2014 / Banking & Finance, Personal Finance, Small Business, South Coast, Top Stories, Tri-County Economy / Comments Off on AmeriFlex celebrates 25 years of helping entrepreneurs
After a quarter century in an industry that’s changed tremendously, AmeriFlex Financial Services is gearing up for its biggest year.
Read More →Baxter BioScience to be spun out
By Staff Report / Thursday, March 27th, 2014 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Baxter BioScience to be spun out
Baxter International, an Illinois company that is a major employer in the Conejo Valley, is planning to split itself into two companies.
Read More →Startup Paso Robles wine brand Chronic Cellars purchased
By Staff Report / Thursday, March 27th, 2014 / Central Coast, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture / Comments Off on Startup Paso Robles wine brand Chronic Cellars purchased
Novato-based Winery Exchange has purchased Chronic Cellars out of Paso Robles, a young winery known for its red-wine blends and counter-culture branding. Terms of the deal were not disclosed. Chronic Cellars is best known for red blends such as its zinfandel-based Purple Paradise and its syrah-based Sofa King Bueno, Winery Exchange said in a Read More →
Read More →La Entrada to restart construction amid tourism tax boom
By Staff Report / Tuesday, March 25th, 2014 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on La Entrada to restart construction amid tourism tax boom
In another sign that the region’s tourism industry is entering boom times again, the city of Santa Barbara experienced double-digit growth in hotel taxes in the first eight months of its fiscal year. During the annual State of the City breakfast on March 24, City Manager Jim Armstrong said that Transient Occupancy Tax, or TOT, Read More →
Read More →Sonos fights Apple spinoffs in patent battle
By Stephen Nellis / Friday, March 21st, 2014 / Law, Technology, Top Stories / Comments Off on Sonos fights Apple spinoffs in patent battle
Wireless speaker maker Sonos made its first-ever disclosure of $535 million in revenue while locked in a patent fight against sophisticated opponents with ties to Apple.
Read More →Xirrus targets 2015 for IPO, plans new Wi-Fi products
By Stephen Nellis / Friday, March 21st, 2014 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Xirrus targets 2015 for IPO, plans new Wi-Fi products
Thousand Oaks-based Xirrus has rolled out a new line of corporate-grade Wi-Fi devices at a lower price point that it hopes will vastly expand its customer base and set the stage for an initial public offering next year.
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