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1,000 area jobs in peril

By   /  Friday, September 9th, 2011  /  Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy  /  3 Comments

By Stephen Nellis and Marlize van Romburgh on September 9, 2011 Nearly 1,000 jobs are either at risk or being cut in the Tri-Counties in manufacturing, medical device research and finance. On Sept. 1, Bank of America said it planned to sell or shutter its correspondent lending arm, imperiling as many as 700 jobs in Read More →

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Guest op/ed: UCLA sells its soul for Milken’s gift

By   /  Friday, September 9th, 2011  /  Op/Eds  /  9 Comments

The thinly veiled message is that convicted felons can benefit from such crimes simply by having their unconvicted business partners donate enough money to make the recipient overlook the offenses.

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A roundup of hires, promotions and events at region’s law firms

By   /  Friday, September 9th, 2011  /  Columns, Law & Goverment  /  Comments Off on A roundup of hires, promotions and events at region’s law firms

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Calavo Growers’ Q3 profits bruised

By   /  Wednesday, September 7th, 2011  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Calavo Growers’ Q3 profits bruised

Food marketer Calavo Growers saw earnings slide 54.4 percent to $2.7 million, or 18 cents per diluted share, despite higher revenues in the third quarter, it said Sept. 7. Its profits were constrained by high fruit costs in its fresh foods segment and a smaller supply of fresh avocadoes, it said, although sales jumped 44 Read More →

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Heritage Oaks Bank names new CEO

By   /  Wednesday, September 7th, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks Bank names new CEO

Simone Lagomarsino will take the reins at Paso Robles-based Heritage Oaks Bank as president and CEO on Sept. 10. Lagomarsino succeeds current CEO Larry Ward, who announced his retirement earlier this year. Heritage Oaks, the parent of the Business First Bank brand in Santa Barbara, is the third-largest regionally based bank in the Tri-Counties. It Read More →

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Camp Roberts gets $35M project

By   /  Wednesday, September 7th, 2011  /  Latest news  /  Comments Off on Camp Roberts gets $35M project

Camp Roberts, the California National Guard base that straddles San Luis Obispo and Monterey counties near Paso Robles, is slated to receive a $34.8 million, 43,000-square-foot satellite communications facility. Almost all California National Guard troops who deployed to Afghanistan and Iraq passed through Camp Roberts for training. In addition to shooting ranges and assault courses, Read More →

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Make It Work rolls into Costco

By   /  Tuesday, September 6th, 2011  /  Latest news, Technology  /  Comments Off on Make It Work rolls into Costco

Santa Barbara-based Make It Work has inked a deal to offer its consumer-oriented tech support services at 20 Costco store locations in Southern California. Make It Work’s fleet of signature red Mini Coopers performs tech support house calls throughout Southern California for consumers and very small businesses. Through the deal with Costco, a membership wholesaler, Read More →