CPUC OKs construction of NRG Energy’s Puente Power Project in Oxnard
The California Public Utilities Commission greenlit Oxnard’s Puente Power Project at a May 26 meeting in San Francisco. In a 5-0 vote, the commission unanimously approved a contract between Southern California Edison and Houston-based NRG Energy to build a 262-megawatt peaker plant on the site of the 57-year-old Mandalay Generating Station. Over the past several Read More →
Deckers Brands CEO retiring; earnings per share nose dive
Goleta-based Deckers Brands beat quarterly revenue estimates but still posted a loss of 73 cents per share when the company reported fourth quarter and fiscal year 2016 earnings results May 26 as unseasonably warm weather ate into profit margins. Deckers’ sales increased 11 percent during the quarter from $340.6 million in 2015 to $378.6 million Read More →
2016 Champions in Health Care announced
The Pacific Coast Business Times announced its 2016 Champions in Health Care. The special report published May 20. The winners will be honored at a luncheon on Thursday, June 9 at the Topa Tower Club from 11:30 a.m. to 1:30 p.m. The luncheon will feature a panel discussion with all nine winners. Congratulations to Read More →
EVC of SLO County rolls out Economic Dashboard
The Economic Vitality Corp. of San Luis Obispo County launched a web-based Economic Dashboard to give residents and businesses a quick look at the area economy. The dashboard will get quarterly updates and it focuses on 24 key indicators for the county. EVC Chair Bruce Ray said it was “the only resource of its kind Read More →
Ventura’s Biodico gets $1.2 million grant farm electricity project
Ventura biofuel company Biodico received a $1.2 million grant from the California Energy Commission for its solar, wind and bioenergy project, “Zero Net Energy Farms.” Through the project, Biodico plans to generate enough electricity to power a farm onsite and reduce greenhouse gas emissions. The grant was awarded through the CEC’s Electric Program Investment Charge Read More →
Labor secretary defends new overtime rules
WASHINGTON, D.C. — Labor Secretary Thomas Perez mounted a vigorous defense of the administration’s new overtime rules, saying objections by universities and retailers are overblown. In remarks to business journalists, Perez said the rules, which go into effect Dec. 1, are designed to play catch up with standards that were “manipulated” in 2004. He said Read More →
Ex-Kythera execs build Westlake Village startup
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