New laws for 2016 will impact tri-county employers
Columns, Latest news, Law & GovermentA flurry of new laws went into effect at the start of the New Year, but the one that likely will have the biggest impact on tri-county employers has been long expected. California’s minimum wage was raised to $10 an hour on Jan. 1, which has some businesses rethinking strategies. While proponents argue that higher Read More →
Bank of the Sierra buying Coast National Bank
Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Public CompaniesSierra Bancorp, the holding company of Bank of the Sierra, will acquire San Luis Obispo-based Coast Bancorp, pending regulatory approval, the banks announced late Jan. 4. It’s the latest move in a wave of tri-county banking mergers and industry sources have told the Business Times there are likely more in the works. “Bank of the Read More →
Crab fishing ban in tri-counties partially lifted
Central Coast, Latest newsTri-county crab fishermen have some reprieve from the near two-month fishing ban. The California Department of Public Health partially lifted the ban on Dec. 31, saying that all crab caught on the mainland south of Piedras Blancas Light Station in northern San Luis Obispo County was safe to eat. Officials have found high levels of Read More →
Voters to decide Ventura County growth
Agribusiness, East Ventura County, Latest news, Real Estate, Top Stories, Top Story, West Ventura CountyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
More bank mergers on tap for 2016
Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
2016 expected to be good year for real estate in Tri-Counties
Columns, Latest news, Real EstateDespite the slight increase of interest rates and the drought’s persistence, real estate brokers are bullish on 2016. The Federal Reserve’s decision to gradually raise interest rates throughout 2016 will not likely have a short-term impact on development and real estate activity, industry sources told the Business Times. And while the city of Pismo Beach Read More →
Santa Barbara’s Saks building sells for $15 million
Latest news, Real Estate, South Coast, Top StoriesThe Saks OFF 5TH building in downtown Santa Barbara was sold to a private out-of-the-area investor for more than $15 million, Lee & Associates recently announced. The nearly 47,000-square-foot property at the corner of State and Carrillo streets represents a continuing trend of discount retailers snatching up valuable downtown space. Saks Fifth Avenue had been Read More →
