Ventura's Pierpont Inn sold to investment group
After a proposed deal fell through a year ago, the Pierpont Inn in Ventura has been sold to a group of investors. The Pierpont Inn said April 17 that it had been acquired by Pierpont Group LLC. Last March, the hotel’s owner – Central Coast Management – tried to engineer a sale to an investment Read More →
Cal Poly, UCSB engineer new research pact
The two top engineering schools in the Tri-Counties are joining forces in a new center for research and education. The engineering colleges at California Polytechnic State University, San Luis Obispo, and the University of California, Santa Barbara, will bring together graduate and undergraduate students and to let both schools tackle projects they couldn’t take on Read More →
CapTech sued by investors
Six lawsuits filed in Ventura County Superior Court allege that investors lost more than $1 million through investments in Central Valley real estate made through a Camarillo firm. The civil complaints allege that CapTech Advisors took investors’ money to buy lots in the Taft area and begin building houses on them. The investors claim in Read More →
Proposed bill would tax e-sales in Calif.
A piece of sales tax legislation making its way through Sacramento is pitting brick-and-mortar mom-and-pops against some of their online counterparts. Assembly Bill 178 would require online retailers to collect California sales tax at checkout. The bill is being championed by physical retailers, especially small ones who’ve seen their sales eroded by online-only competitors. But Read More →
Specialty retail on the edge – Area companies adapt to changing sales environment
As retail sales fell another 1.1 percent in March — even though economists had expected a modest increase — tri-county businesses continue to shift their sales tactics to pull enough customers through their doors to stay afloat. Compared with the same month in 2008, March’s retail sales were off by 9.4 percent, according to the Read More →
Atascadero robotics team rolls to nationals
High school sophomore Dustin Wyke plans to hit the joystick again this weekend, manipulating objects in a simulated space mission. He reached a new level in March, and hopes to conquer the top level of the game. But Wyke won’t be vegging out in front of a computer screen. The joystick he wields controls a Read More →
