Gottschalks starts liquidating
Gottschalks is expected to begin liquidation sales and to close by July 15 after the company announced March 30 that a group of liquidators won a court-supervised auction for the business. Gottschalks operates 58 department stores in California, Washington, Alaska, Oregon, Nevada and Idaho. Its largest market is California, where it has 38 stores, including Read More →
CLU guarantees four years
A four-year education at California Lutheran University is now guaranteed, the school’s officials announced. If students have to spend any more than four years, the school said it will pick up the tab. The “4 to Finish” program is designed to help families save money, especially those affected by the current economic crisis. The program Read More →
Planting the seeds of success
With spring here and planting season in many places just around the corner, I came across a garden plan that you might consider this year. • First, plant three rows of peas: passion, performance and persistence. • Then three rows of squash: squash gossip, squash indifference and squash criticism. • There should be three rows Read More →
Vitesse cuts 60 jobs
Vitesse Semiconductor Corp. is laying off about 60 of its roughly 500 employees, the company said in a release. The Camarillo company makes high-speed semiconductors for networks. It said the cut of 12 percent of its global workforce is designed to reduce operating expenses. “While we do see a few positive indicators in the market, Read More →
Recession infects tech; job cuts add up
Job cuts are hitting the Tri-Counties’ technology sector, with more than 365 positions shed in recent months. The list of afflicted firms includes some homegrown success stories such as Goleta’s Citrix Online, a Web collaboration software firm, and Clipper Windpower, the Carpinteria-based maker of some of the world’s largest wind energy turbines. Also cutting back Read More →
Salem tunes up its costs
It’s a tough time to be in the radio business. That’s what Salem Communications, the Camarillo-based owner of nearly 100 Christian and conservative-talk radio stations, has found over the last year. The company, which has owned Oxnard’s KDAR-FM since 1974 and has stations in all of the top 10 U.S. radio markets, watched its balance Read More →
