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Goleta’s Community West Bancshares settles with Residential Funding Company

By   /  Friday, June 12th, 2015  /  Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Goleta’s Community West Bancshares settles with Residential Funding Company

Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →

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Oil spill claims process will likely be long, ugly legal battle

By   /  Friday, June 12th, 2015  /  Columns, Energy, Latest news, Law, Opinion, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Oil spill claims process will likely be long, ugly legal battle

Plains All American Pipeline is taking a page straight out of BP’s oil spill response playbook, according  to at least one attorney with firsthand experience in oil spill litigation. Thomas Young, a Tampa-based attorney who went to work trying to secure claims for clients in the aftermath of the BP Deepwater Horizon disaster, told the Read More →

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Local companies relocating to bigger spaces in Goleta

By   /  Friday, June 12th, 2015  /  Agribusiness, Central Coast, Columns, Latest news, Opinion, Real Estate, Small Business, South Coast, Technology, Top Stories  /  Comments Off on Local companies relocating to bigger spaces in Goleta

Seek Thermal was getting too big for its britches at its former headquarters just off Calle Real in Goleta, so the company recently sized up to 10,000-plus square feet of space at 111 Castilian Drive. The company, which makes thermal imaging devices for the consumer market, is effectively doubling its footprint in its move from Read More →

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Ty Warner donating Barnsdall-Rio Grande Gas Station to Goleta

By   /  Thursday, June 11th, 2015  /  Latest news, South Coast, Top Stories  /  Comments Off on Ty Warner donating Barnsdall-Rio Grande Gas Station to Goleta

Ty Warner, the real estate tycoon and creator of Beanie Babies, is donating the Barnsdall-Rio Grande Gas Station to the city of Goleta, a representative announced at a news conference today. Originally part of the Sandpiper Golf Course property, the Spanish colonial-designed station includes a nearly 500-square-foot structure and access to a small parcel of Read More →

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Goleta telehealth firm’s robot lets doctors interact with patients miles away

By   /  Friday, June 5th, 2015  /  Central Coast Health Watch, Latest news, Small Business, South Coast, Technology, Top Stories  /  Comments Off on Goleta telehealth firm’s robot lets doctors interact with patients miles away

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Beach closures take toll on Santa Barbara County businesses

By   /  Friday, May 29th, 2015  /  Energy, Latest news, Small Business, South Coast, Top Stories, Tourism  /  Comments Off on Beach closures take toll on Santa Barbara County businesses

The oil spill near Refugio State Beach dealt a financial blow to a handful of businesses with more revenue being lost every day. Although the total impact on Santa Barbara’s $1 billion tourism industry is likely to be offset by increased hotel stays by cleanup crews, there was no sign of relief for those directly Read More →

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Cry grows to stop new oil production in Santa Barbara County

By   /  Friday, May 29th, 2015  /  Energy, Latest news, South Coast, Technology, Top 25 lists  /  Comments Off on Cry grows to stop new oil production in Santa Barbara County

The Refugio oil spill cleanup will keep area beaches closed at least until June 4, the number of wildlife affected continues to grow, Canada de Alegria to Coal Oil Point fisheries are off limits and a geyser of negative national media attention has tarnished the region’s pristine reputation. The spill, which was the result of Read More →

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