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Waste-to-energy company raises $500K, reports big loss

By   /  Friday, December 19th, 2014  /  Central Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Waste-to-energy company raises $500K, reports big loss

Greenbelt Resources Corp., which counts Diversified Ethanol Corp. as a subsidiary, reported a loss of $217,469 for the third quarter compared to an $18,144 profit a year earlier amid a steep decline in revenue.

Latest

Water district sues state to overturn $1.1M fine

By   /  Friday, December 19th, 2014  /  Central Coast, Latest news, Top Stories  /  Comments Off on Water district sues state to overturn $1.1M fine

The South San Luis Obispo County Sanitation District has upped the ante in its battle with the State Water Resources Control Board over a $1.1 million fine the district received for a sewer spill in 2010.

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Editorial: Regional nonprofits star in California rankings

By   /  Friday, December 19th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Regional nonprofits star in California rankings

Recent reporting by the website Charity Navigator gives a bit of insight into how well the best-run nonprofits in the area fare when compared to their peers in California and nationwide.

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Reporting oversight costs SCE $170,000 in penalties

By   /  Thursday, December 18th, 2014  /  East Ventura County, Latest news, Law & Goverment, Top Stories, West Ventura County  /  Comments Off on Reporting oversight costs SCE $170,000 in penalties

SCE started notifying authorities of the undisclosed facilities after discovering it had not submitted reports for many of its Ventura County facilities through a self-audit.

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Simi chamber CEO set to retire

By   /  Thursday, December 18th, 2014  /  Latest news, Top Stories  /  Comments Off on Simi chamber CEO set to retire

Following a 30-year career with the chamber, Nixon will be moving to Sumerlin, Nevada, with her husband. The organization’s board of directors will be conducting a search for her replacement over the next five months.

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Kimpton sold to UK hotel group in $430M deal, Miramar delayed

By   /  Tuesday, December 16th, 2014  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on Kimpton sold to UK hotel group in $430M deal, Miramar delayed

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

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Former Raytheon property in Goleta sells for $2.8M

By   /  Monday, December 15th, 2014  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Former Raytheon property in Goleta sells for $2.8M

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.