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Wireless carriers AT&T and Verizon invest millions in Tri-Counties

By   /  Saturday, March 9th, 2013  /  Technology, Top Stories, Tri-County Economy  /  Comments Off on Wireless carriers AT&T and Verizon invest millions in Tri-Counties

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Is going green worth the green?

By   /  Friday, March 8th, 2013  /  Green Coast, Real Estate, Small Business, Top Stories  /  Comments Off on Is going green worth the green?

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New Bacara owners plan millions in upgrades

By   /  Friday, March 1st, 2013  /  Real Estate, Top Stories, Tourism  /  Comments Off on New Bacara owners plan millions in upgrades

The new owners of Bacara Resort & Spa in Goleta plan to spend millions of dollars to upgrade the 78-acre coastal resort. On Feb. 25, Irvine-based Pacific Hospitality Group confirmed it had purchased the 360-room Bacara Resort from Ohana Real Estate Investors and Rockpoint Group for an undisclosed amount. The deal marks a successful turnaround Read More →

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Saddled with debt, Nuveen shakes up Santa Barbara Asset Management

By   /  Friday, March 1st, 2013  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on Saddled with debt, Nuveen shakes up Santa Barbara Asset Management

The debt-burdened parent of the largest wealth management firm in the region is shaking up the Santa Barbara company’s leadership ranks. Michael Mayfield, CEO and co-chief investment officer of Santa Barbara Asset Management, is retiring from the firm effective March 1, after 18 years with the company. James Boothe, a portfolio manager at the Santa Read More →

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Defense leaders: Sequestration would be felt throughout region

By   /  Friday, March 1st, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense leaders: Sequestration would be felt throughout region

Potential furloughs, hiring freezes and other spending cutbacks to the region’s defense institutions could send an economic ripple effect through the Tri-Counties, according to economists and industry leaders. The 2011 Budget Control Act aims to reduce the government’s deficit and will trigger $85 billion budget-wide spending cuts on March 1. The federal spending cuts, also Read More →

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Hardy Diagnostics buys new Midwest manufacturing site

By   /  Friday, February 22nd, 2013  /  Central Coast, Technology, Top Stories  /  Comments Off on Hardy Diagnostics buys new Midwest manufacturing site

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BAROnova backers bet $27.3M on obesity device

By   /  Friday, February 22nd, 2013  /  Technology, Top Stories  /  Comments Off on BAROnova backers bet $27.3M on obesity device

Goleta-based BAROnova has raised $27.3 million to fund clinical trials of its obesity treatment, bringing the medical device firm’s total funds raised to date to $41.3 million. The company is developing a product it calls the TransPyloric Shuttle. The firm said the device may be able to slow the digestion process and create the sensation of Read More →

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