Federal banking regulators have halted dividends at Paso Robles-based Heritage Oaks Bank and given the company two months to submit a plan to keep up its capital levels.

Moorpark’s proposed $125 million soundstage is still in development, but its major roles are being recast.

When the profits and politics of oil collide in a small town, it puts business owners in a sticky spot.

In June, the voters of Carpinteria, a seaside town of 14,200, will decide whether to allow Denver-based Venoco to drill an offshore oil lease from a 175-foot onshore rig concealed in a lighthouse façade. After trying to get the so-called Paredon Project through the city’s approval process for several years, Venoco gathered signatures last year to take its proposal directly to voters, offering to give a cut of profits to local governments and schools.

Though it’s going private, CKE Restaurants is hinting that it plans to stay on the South Coast.

Isla Vista, the run-down student community neighboring the University of California, Santa Barbara, is in the midst of a long-awaited facelift and now the first private development project under that revitalization effort is gearing up to break ground.