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Recession’s legacy playing out as banking jobs disappear

By   /  Friday, May 15th, 2015  /  Latest news, Top Stories  /  Comments Off on Recession’s legacy playing out as banking jobs disappear

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ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on ERG Resources files bankruptcy, business for sale

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →

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Safeway to pay $9.9M after environmental probe

By   /  Monday, January 5th, 2015  /  Latest news, Law, South Coast, Top Stories  /  Comments Off on Safeway to pay $9.9M after environmental probe

The agreement comes as Safeway is clearing the final regulatory hurdles to its sale to rival Albertsons.

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Dubroff: With drought worries shelved, falling oil prices give region a break

By   /  Friday, December 19th, 2014  /  Columns, Latest news, Opinion, Top Stories  /  Comments Off on Dubroff: With drought worries shelved, falling oil prices give region a break

On a drive throughout much of the Highway 101 corridor dodging rainstorms on Dec. 15, I learned a lot about how much the psychology of a return to normal weather is having on the region.

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Editorial: Regional nonprofits star in California rankings

By   /  Friday, December 19th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Regional nonprofits star in California rankings

Recent reporting by the website Charity Navigator gives a bit of insight into how well the best-run nonprofits in the area fare when compared to their peers in California and nationwide.

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Santa Barbara, Ventura County philanthropists honored

By   /  Friday, November 14th, 2014  /  Features, Latest news, Nonprofits, Top Stories, Tri-County Economy  /  Comments Off on Santa Barbara, Ventura County philanthropists honored

Several area businesses and individuals took home awards for their philanthropic contributions at the Association of Fundraising Professionals Santa Barbara and Ventura counties chapter 2014 National Philanthropy Day luncheon held Nov. 13 at the Ventura Beach Marriott. Montectio Bank & Trust, one of the oldest and largest locally owned banks in the region, was named Read More →

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Lack gets nine-plus year sentence, faces additional 11

By   /  Friday, November 7th, 2014  /  Features, Latest news, Law, Real Estate, South Coast, Top Stories  /  Comments Off on Lack gets nine-plus year sentence, faces additional 11

Convicted former contractor, 53-year-old David Lack was slapped nine years and eight months in state prison at his Nov. 6 sentencing, after a jury found him guilty of three counts of grand theft in early August. Lack was also ordered to pay restitution of $300,000 to Mary Belle Snow, $600,508.74 to Rabobank and more than Read More →

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