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Dole CEO Murdock, ex-president ordered to pay $148M

By   /  Thursday, August 27th, 2015  /  Agribusiness, Latest news  /  Comments Off on Dole CEO Murdock, ex-president ordered to pay $148M

Dole Food Co. Chief Executive Officer David Murdock and a former executive of the fresh-fruit producer were ordered to pay $148.1 million over allegations they drove down the value of the company so Murdock could take it private on the cheap in a $1.2 billion deal, Bloomberg News reported Aug. 27. Murdock received an “improper Read More →

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Goleta-based Community West Bancshares reports loss

By   /  Friday, August 21st, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Community West Bancshares reports loss

Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →

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In memoriam: Former Westmont President David Winter

By   /  Friday, August 21st, 2015  /  Columns, Latest news  /  Comments Off on In memoriam: Former Westmont President David Winter

I got to know David Winter shortly after the Business Times had begun production in the spring of 2000. We had hired a recent Westmont graduate, Laura Polland, who turned out to be a terrific writer and our founding technology editor. And we’d been encouraged to reach out to Westmont by Ed Birch, who was Read More →

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Drought impacts housing projects on Central Coast

By   /  Friday, August 21st, 2015  /  Central Coast, Latest news, Top Stories  /  Comments Off on Drought impacts housing projects on Central Coast

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Madonna plans $500 million development in SLO

By   /  Friday, August 21st, 2015  /  Central Coast, Latest news, Real Estate, Top Stories  /  Comments Off on Madonna plans $500 million development in SLO

John Madonna plans to transform 111 acres in San Luis Obispo into a $500 million mixed-use project that caters to the city’s aging population. The proposed Froom Ranch project includes a continuing care retirement community (CCRC) that offers 350 residential units for seniors, 150,000-350,000 square feet of commercial retailers for its residents, 200 apartments and Read More →

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32 tri-county firms on list of Inc. 5000 fastest growing companies

By   /  Friday, August 21st, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on 32 tri-county firms on list of Inc. 5000 fastest growing companies

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Study: Women in short supply on tri-county boards, offices

By   /  Friday, August 21st, 2015  /  Latest news, Top Stories  /  Comments Off on Study: Women in short supply on tri-county boards, offices

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