Santa Barbara

Santa Barbara News

  • Subaru Awaits Toyota Indiana Decision as It Lifts Output

    Fuji Heavy Industries Ltd.’s Subaru, which added more U.S. market share than any international carmaker last year, is pushing ahead with U.S. expansion plans as it awaits a Toyota Motor Corp. decision on whether to keep using its Indiana plant to build Camrys.

  • Trillion-Dollar Firms Dominating Bonds Prompting Probes

    Bill Gross and Larry Fink manage a $3 trillion pile of bonds -- an amount almost as big as Germany’s economy. Their firms, Pacific Investment Management Co. and BlackRock Inc., doubled holdings since 2008, outpacing the market’s growth of 50 percent.

  • Spiritual Adviser Williamson Makes New Age Bid for U.S. House

    In the sanctuary above an herbal tonic bar, before a seated Buddha and a pair of mandalas, 48 volunteers for congressional candidate Marianne Williamson close their eyes and meditate as Annelise Balfour, the manager and head facilitator of the Source Spiritual Center, intones a welcome prayer.

  • California Lawmakers Advance Bills to Stop Fracking

    Bloomberg BNA — The Senate Committee on Natural Resources and Water Quality advanced measures April 8 seeking to impose a moratorium on hydraulic fracturing activities at oil and gas fields in California and to update the state's oil spill response program to address the risks of importing crude oil by rail.

  • Toyota’s Lentz Seeks Fuel Cell Sedan Supply Boost to U.S.

    Toyota Motor Corp.’s North American chief, preparing to sell Camry-sized hydrogen sedans next year, said he’s “bullish” about advances in the company’s fuel cell system and wants more U.S. supply of the Japan-built cars.

  • Former McDonald’s Store Managers Say They Withheld Wages

    Two former McDonald’s Corp. store managers, assisting with a campaign to raise pay for fast-food workers, said they helped withhold employees’ wages at the restaurant chain after facing pressure to keep labor costs down.

  • GM Puts Margins Before Sales Defying Chrysler Discounts

    Chevrolet dealer Gordon Stewart knows what it takes to sell a truck: cash discounts. Yet General Motors Co. won’t increase incentives to match its U.S. rivals.

  • Japan Military Fair Attracts Gamers, Recruiters in Tokyo

    A record number of Japanese flocked to a trade show for military paraphernalia and gaming that attracted recruiters for the country’s Self-Defense Forces, the latest sign Japan is shaking off its postwar pacifism.

  • Billionaire Developer Lures Wealthy Chinese to Gated Polo Community

    Pan Sutong proudly displays the 4.5-liter jeroboam of 1900 Chateau Latour he uncorked on Dec. 8 after his two thoroughbreds placed first and second in their respective races at the Hong Kong Jockey Club.

  • Meat Eaters Gulp Record Prices Before U.S. Grilling Peaks

    Competitive eater and restaurant owner Jamie McDonald had no problem downing almost a dozen 11.5- ounce hamburgers in 10 minutes, or 9 pounds, 7.4 ounces of pulled pork. It’s the cost of the meat that’s making him gag.

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