Cal Oaks merger nears close
Shareholders of both California United Bank and California Oaks State Bank gave the final go-ahead for the merger of the two institutions on Dec. 9
Semtech to pay $20M to settle options suit
Semtech Corp. said Dec. 8 that it will pay $20 million in cash to settle a class action securities lawsuit.
UCSB economist warns of future tax hikes
Higher taxes are an inevitable consequence of ad-hoc policymaking, according to UC Santa Barbara economics professor Peter Rupert. Rupert, who heads the UCSB Economic Forecast Project, told a breakfast audience of Santa Barbara-area business leaders on Dec. 8 that temporary subsidies such as “cash for clunkers” and payments to first-time homebuyers were largely useless. He Read More →
Fiji Water owners buy Justin Vineyards
Justin Vineyards & Winery in Paso Robles has been purchased by the owners of Fiji Water and Pom Wonderful
Cabrillo EDC chief to retire
Rodney Fernandez will retire at the end of the year after nearly 30 years as executive director of Cabrillo Economic Development Corp.
Ventura County health care chief tabbed as new CEO
Michael Powers, the director of the Ventura County Health Care Agency, was chosen Dec. 2 as the county’s next chief executive, the county Board of Supervisors announced. The supervisors voted unanimously to hire Powers to replace current County Executive Officer Marty Robinson, who plans to retire in March. Powers has run the Health Care Agency Read More →
New backer for SLO solar project
A new financial backer is pursuing federal loan backing for the smaller of the two utility-scale solar farms slated for the Carrizo Plain in San Luis Obispo County.
