Morro Bay makes its BID
Morro Bay is set to start taxing visitors to the coastal town to help pay for promoting and marketing the city, The [San Luis Obispo] Tribune reported. City leaders approved a Business Improvement District that will charge 3 percent of gross lodging sales per property the first year of the tax and 2 percent in Read More →
Ventura home prices rise
Ventura County’s median price of sold homes climbed in April, marking the first increase the county has seen in a year. The median price for new and existing homes and condominiums was $340,000 in April, a $14,000 jump compared to March, according to MDA DataQuick. April’s price, however, was down 23.6 percent compared to the Read More →
Book of Lists Confirmation
Thank you for ordering the book of lists! It should arrive in about two weeks. For questions, contact circulation director Genevieve Lund at 805-560-6950.
Insurance fight may be ugly
Santa Barbara residents who are thinking insurance money will flow in easily to rebuild homes burned in the Jesusita Fire may have to think again. Many of the 78 destroyed houses sat in high-risk areas where it’s tough to get robust policies, and a sagging economy means insurers and their backers will get aggressive in Read More →
Power-One pays price for $60M infusion
Thanks to a $60 million capital infusion on May 8, Camarillo-based Power-One now has the cash it needs to continue restructuring and to push into renewable energy markets. But the move spurred a public outcry from some shareholders over what they see as the potential for massive dilution to their investments. The power supply maker’s Read More →
Spinning the Web – Internet-based firms find creative ways to turn profits
Bryan Brand wants to let the Internet make you dinner. Brand’s Web site, SBmenus.com, allows hungry people to browse the menus of 400 Santa Barbara area restaurants. Rather than fumbling with a phone or waiting in lines, the customer orders through an online order form, bypassing human contact altogether. Through efficiency and convenience, Web-based businesses Read More →
