One year later, Plains still dragging feet over oil spill
Nearly a year after a Plains All American pipeline broke, spilling an estimated 123,270 gallons of oil into the Pacific Ocean and disrupting tourism along the California Coast, there has been little progress in resolving the underlying issues that led to the region’s biggest environmental disaster in decades. Plains All American has proved adept at Read More →
Anti-Trump surge could change tri-county results
Will an anti-Trump backlash affect elections far down the ballot on the Central Coast? Perhaps. Which is why the billionaire developer’s triumph in the Indiana primary, and the abrupt suspension of campaigns by Texas Sen. Ted Cruz and Ohio Gov. John Kasich, has ripple effects down to county and regional elections. For one thing, any Read More →
Impact of Diablo Canyon closure needs studying
We didn’t pull any punches when we wrote about California’s war on business in the April 22 edition of the Business Times. For a classic example of the kind of thinking that’s just wrong about California’s path forward, it’s worth looking at opposition to SB 968. Introduced by Sen. Bill Monning, a Democrat from Santa Read More →
California must end war on businesses
We’ve had the war on women. And the war on immigrants. Is the war on business, next? That’s a fair question raised by many, including Ventura employer General Magnaplate Corp., which is closing after settling with the Environmental Defense Center over charges it polluted the Santa Clara River. In a statement, the company said it Read More →
Rush developed CSUCI into source of pride
Call him the Socrates of Camarillo. That’s the clever phrase used by Sage Publications CEO Blaze Simqu in tribute to outgoing CSU Channel Islands President Richard Rush. And while the line got a big laugh from the 900 people who attended Rush’s retirement dinner in Simi Valley on April 9, it is more than a Read More →
New adviser rules may bolster retirement plans
New rules for financial planners advising retirement plans and Health Savings Accounts could have an unexpected benefit for small businesses. The rules, from the U.S. Department of Labor, place new “fiduciary” responsibilities on financial advisers and consultants. They must pick the most economical plans – without regard to their own compensation — when advising clients. Read More →
Forcing workers to save may be key to retirement
Taxes and savings are much in the news these days. Baby boomers aren’t saving enough for retirement. Millennials will need $2 million portfolios in order to achieve a decent level of retirement income. Federal income taxes are too high – and don’t get us started about California. Old-fashioned pensions are largely gone from the private Read More →
