Pappas vies for Santa Barbara Co.'s 3rd District seat
UncategorizedEntrepreneur Steve Pappas said he believes his independent position will carry him into office in the race for the Santa Barbara County’s 3rd Supervisor District. “I think people are getting my nonpartisan message,” Pappas told the Business Times. He has been in business for 22 years and currently owns and operates Vocational Trends and Employers’ Read More →
Region
UncategorizedWhile a volatile quarter in the financial sector has translated to a string of extreme ups and downs in the stock market, regionally based public companies have come out on top. “The whole arrangement of Wall Street in 10 days changed what took 75 years to build,” said Mark Fingerlin, executive vice president of Read More →
Credit woes put Kreido
UncategorizedCamarillo-based Kreido Biofuels has given itself two months to live. In recent filings with the U.S. Securities and Exchange Commission, the development-stage renewable energy company said it has enough money to keep going until the end of November. Its net losses for the six months ended June 30 soared 908 percent, from $1.7 million in Read More →
Judge delays Wells Fargo deal for Wachovia
UncategorizedA New York state judge temporarily agreed to block the sale of Wachovia to Wells Fargo on Oct. 4, Citigroup officials announced in a news release. State Supreme Court Justice Charles Ramos issued the order blocking the sale of Wachovia Corp., which Wells Fargo & Co. had agreed to purchase in a $14.8 billion deal. Read More →
Edison pays the price for mistakes
OpinionThe California Public Utilities Commission has slammed Southern California Edison Co. with a $30 million fine and orders to refund more than $81 million to customers. The record fine was levied at the conclusion of a probe into Edison’s shady practices in winning maximum rewards for customer satisfaction from 1997 through 2003. Those rewards were Read More →
SLO
OpinionBusiness and political leaders in San Luis Obispo have shown a lot of moxie lately in their battle to restore air service to the county’s regional airport. After flying to Dallas in a vain attempt to get American Airlines to restore commuter service to Los Angeles, they remained undaunted. And their efforts were rewarded in Read More →
