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By Stephen Nellis / Friday, February 24th, 2012 / Banking & Finance, Small Business, Top Stories / Comments Off on In a crunch, State Fund targets small businesses
The State Compensation Insurance Fund, a government-sponsored insurer of last resort that’s hurting for business, has taken its hunt for cash into the courts, suing mom-and-pop contractors and billion-dollar companies alike in the Tri-Counties. The suits appear to be part of a crackdown on collections as the fund prepares to lay off thousands of workers Read More →
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By Dana Olsen / Friday, February 17th, 2012 / Top Stories, Tri-County Economy / 2 Comments
Five of the six community colleges in the Tri-Counties came under fire in early February as the regional accreditation agency issued the latest in a string of negative report cards. The worst report went to San Luis Obispo County’s Cuesta College, now in danger of closing if it doesn’t improve its educational standards. Santa Barbara Read More →
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By Stephen Nellis / Friday, February 17th, 2012 / Technology, Top Stories / Comments Off on Chip company launches cell spinoff in Santa Barbara
A new life sciences company could help researchers sort out cells better and faster, a potential breakthrough in the treatment of cancer, diabetes and stroke. Santa Barbara-based Owl Biomedical was founded last year and has raised about $6 million in capital so far. It is being headed by John Foster, the founder and former chief Read More →
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By Dana Olsen / Friday, February 10th, 2012 / Real Estate, Top Stories, Tourism / 1 Comment
A year after 35 State Street Hotel Partners took over the long-dormant La Entrada project on the waterfront end of Santa Barbara’s State Street, plans to jolt the hotel back to life are right on schedule. The hotel partnership, led by Michael Rosenfeld of Los Angeles-based investment and development company Next Century Associates, bought the Read More →
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By Stephen Nellis / Friday, February 3rd, 2012 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen looks for new life with Micromet
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By Dana Olsen / Friday, February 3rd, 2012 / Agribusiness, Top Stories, Tri-County Economy / Comments Off on Wells Fargo warns growers of globalization risks
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