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Dubroff: Wall Street rattles the West Coast, shaking up Amgen and Allergan

By   /  Friday, August 1st, 2014  /  Columns, Opinion  /  Comments Off on Dubroff: Wall Street rattles the West Coast, shaking up Amgen and Allergan

Henry Dubroff

What happens on Wall Street is having a direct impact on West Coast jobs, with indirect effects on housing and other markets.

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Direct Relief seeks to purchase airport land for new campus

By   /  Thursday, July 31st, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Direct Relief seeks to purchase airport land for new campus

The Santa Barbara City Council is slated to hear a proposal from Direct Relief, the largest nonprofit headquartered in the region, to buy a parcel of land near the municipal airport and build a 125,000-square-foot facility there. Goleta-based Direct Relief has outgrown its existing facility and wants to build a 100,000-square-foot warehouse and 25,000 square Read More →

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Community West Bank profits fall 19.8 percent

By   /  Friday, July 25th, 2014  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Community West Bank profits fall 19.8 percent

Goleta-based Community West Bancshares, the holding company for Community West Bank, reported that earnings per diluted share fell to $0.18 for the second quarter while net interest income rose to $6.3 million.

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Allergan’s South Coast exit reshapes breast implant industry

By   /  Friday, July 25th, 2014  /  Central Coast Health Watch, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Allergan’s South Coast exit reshapes breast implant industry

The region’s status changed dramatically on July 21 when Irvine-based Allergan announced that it would shutter its Santa Barbara operations and eliminate 300 jobs there.

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Pacific Hospitality plans multimillion-dollar facelift for Bacara

By   /  Friday, July 25th, 2014  /  Real Estate, Top Stories, Tourism  /  Comments Off on Pacific Hospitality plans multimillion-dollar facelift for Bacara

The 360-room Bacara Resort & Spa is slated to undergo a multimillion-dollar top-to-bottom renovation in coming years.

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Community West Bank COO dies

By   /  Monday, July 21st, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  Comments Off on Community West Bank COO dies

Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and Read More →

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Network Hardware Resale becomes Curvature as strategy shifts

By   /  Friday, July 18th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Network Hardware Resale becomes Curvature as strategy shifts

Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.

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