PG&E to close Diablo Canyon Power Plant by 2025
Pacific Gas and Electric plans to close the Diablo Canyon Power Plant near Avila Beach by 2025, the company announced June 21. The nuclear power plant has been controversial since starting operations in 1985 because fault lines run under and near the plant. PG&E said in a news release that it has plans to replace Read More →
Sherpa Fire 89 percent contained as firefighters gain upper hand
Updated at 1:15 p.m. June 22: The Sherpa Fire is 89 percent contained, according to an incident report updated by fire officials at 1:07 p.m. June 22. Updated at 9:40 a.m. June 21: The Sherpa Fire is now 70 percent contained, according to an incident report updated by fire officials at 8:16 a.m. June 21. Read More →
Land O’Lakes buying Thousand Oaks-based Ceres for $17.2 million
Land O’Lakes is buying Thousand Oaks-based Ceres for $17.2 million, the companies announced June 17. Under the terms of the agreement, Minneapolis-based Land O’Lakes will buy all outstanding shares of Ceres common stock for 40 cents per share, in cash. The price per share of common stock represents an 81 percent premium to the closing Read More →
2016 Latino Business Awards winners announced
The Business Times is pleased to announce our 2016 class of Latino Business Awards winners. Now in its fifth year, this annual special section published with the June 17 print edition. The award winners will be honored at an evening reception Thursday, July 14 at the Crowne Plaza Ventura Beach hotel. [For tickets, call (805) Read More →
HotHouse heating up in San Luis Obispo
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Panel: Water conservation key to prosperity
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Dubroff: Why Microsoft’s acquisition of LinkedIn might be out of sync
Just one year ago, LinkedIn made history on the Central Coast when it created the region’s first unicorn, buying Lynda.com for $1.5 billion. Now LinkedIn is selling itself to Microsoft for $26 billion, or an estimated 79 times operating earnings, in what Bloomberg and the New York Times DealBook column describe as one of the Read More →
