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German entrepreneur tunes into hearing loops with Otojoy

By   /  Friday, March 7th, 2014  /  Columns, Technology  /  Comments Off on German entrepreneur tunes into hearing loops with Otojoy

A Santa Barbara entrepreneur is hoping to make life in public places a little easier for people with hearing loss. Otojoy installs hearing loops, which take audio signals from sound systems and then transmit them electromagnetically to be picked up by a special feature found in most hearing aids.

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Hotel Oceana sells to Philadelphia firm for $41.7M

By   /  Thursday, March 6th, 2014  /  Real Estate, Top Stories, Tourism  /  Comments Off on Hotel Oceana sells to Philadelphia firm for $41.7M

Hersha Hospitality Trust said it purchased the 122-room Santa Barbara hotel as part of a strategy to get into one of the “highest-demand gateway markets in the United States.”

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Sonos headquarters sold after listing for $21.5M

By   /  Monday, March 3rd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Sonos headquarters sold after listing for $21.5M

The 47,000-square-foot building at 25 E. Mason St. in Santa Barbara’s Funk Zone has been sold to an unnamed investor for an undisclosed amount. The property was listed for $21.5 million.

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Microlending founder urges business leaders to reinvest profits

By   /  Friday, February 28th, 2014  /  Banking & Finance, Nonprofits, Top Stories  /  1 Comment

Nobel Laureate and founder of Grameen Bank Muhammad Yunus never intended to create a microlending juggernaut or invent the idea of a social business. “My work was not pre-planned,” he said. “It was an action born out of desperation.”

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Wells Fargo wealth managers move into new LEED offices

By   /  Friday, February 21st, 2014  /  Columns, Real Estate  /  Comments Off on Wells Fargo wealth managers move into new LEED offices

The Private Bank at Wells Fargo has moved into 10,000 square feet of shiny new digs at 118 Carrillo St. in Santa Barbara.

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Santa Barbara summit seeks to draw businesses to region’s homeless issue

By   /  Friday, February 21st, 2014  /  East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  2 Comments

The event will host several national speakers on the topic, but the organizers say the goal is to encourage data-driven methods of addressing homelessness that have measurable goals and a clear plan for achieving them.

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50 years after British Invasion, Peter Noone muses on music’s future

By   /  Friday, February 21st, 2014  /  Columns, Opinion  /  Comments Off on 50 years after British Invasion, Peter Noone muses on music’s future

Henry Dubroff

For five decades, entertainer and longtime South Coast resident Peter Noone has kept alive the legacy of the band now known as Herman and the Hermits, providing the world with some of the most enduring music of the British Invasion. During the past few weeks, Noone offered to spend a bit of airplane time answering a few questions from the Business Times about his life and the music business.

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