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Resonant IPO raises $16.2M to fuel Skyworks deal

By   /  Thursday, May 29th, 2014  /  South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Resonant IPO raises $16.2M to fuel Skyworks deal

Shares of Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to Apple, were up 50 percent in the first day after it raised $16.2 million in an initial public offering.

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Attorney General goes after Distenfield venture in N.Y.

By   /  Friday, May 23rd, 2014  /  Law, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Attorney General goes after Distenfield venture in N.Y.

The New York State Attorney General has sent a cease and desist letter to a legal documents business run by a member of Santa Barbara’s Distenfield family, alleging the firm is illegally practicing law in the Empire State. The order is the first deep scrutiny of the newest document filing venture by a new generation Read More →

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Snapwire connects amateur photographers and publishers

By   /  Friday, May 23rd, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Snapwire connects amateur photographers and publishers

Chad Newell, founder of Santa Barbara-based Snapwire, a mobile stock photography company. (Nik Blaskovich / Business Times photo)

Snapwire is hoping to solve several problems that plague stock photography, chief among them the issue of freshness. I

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Great Danes: Andersen’s celebrates four decades in Santa Barbara

By   /  Friday, May 23rd, 2014  /  Restaurants, Small Business, Top Stories, Tourism, Women Inc.  /  Comments Off on Great Danes: Andersen’s celebrates four decades in Santa Barbara

A Danish immigrant and professional chef named Alfred Andersen opened a small bakery on Santa Barbara’s Milpas Street in 1976, with his wife Birte and 2-year-old daughter Charlotte at his side. Today, that same Danish pastry shop is Andersen’s Danish Restaurant and Bakery, a nearly 40 year-old landmark in downtown Santa Barbara. The birth of Read More →

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City National hires set stage for South Coast expansion

By   /  Tuesday, May 20th, 2014  /  Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on City National hires set stage for South Coast expansion

City National Bank has hired a team of prominent South Coast private bankers as it gets ready to launch an expansion into Santa Barbara County. The Los Angeles-based bank, one of the largest based in California, said Tuesday that it has hired Leo Hamill, Susan Rogers, Annamarie Cole, Amber Ortiz and Roy Martinez. All are Read More →

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Nonprofit aims to connect entrepreneurs

By   /  Monday, May 19th, 2014  /  Latest news, Nonprofits, Small Business, South Coast, Technology, Tri-County Economy  /  Comments Off on Nonprofit aims to connect entrepreneurs

A new Santa Barbara-based nonprofit is hoping to connect entrepreneurs with mentors.

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UPDATED: Bank of Santa Barbara CEO search underway

By   /  Friday, May 16th, 2014  /  Banking & Finance, Banking Industry, South Coast, Top Stories, Tri-County Economy  /  Comments Off on UPDATED: Bank of Santa Barbara CEO search underway

The Bank of Santa Barbara is searching for a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules. Eloy Ortega has left his position as chief executive and Joanne Funari has been appointed interim CEO while a special committee recruits a new leader.

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