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Clipper Windpower appears ready to implement a plan to eliminate all of its South Coast positions and shutter its Carpinteria headquarters by early next year. Employees learned of impending cuts, which could impact up to 200 workers, at an all-hands meeting on Nov. 7, according to a person who was present. The briefing came from Read More →
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With the Tri-Counties’ two largest banks being acquired by bigger players, the regional lending landscape is shifting dramatically away from community financial institutions. Los Angeles-based PacWest Bancorp said Nov. 6 that it is buying First California Financial Group for $231 million in an all-stock deal. At $8 per share, PacWest’s bid represents an 18.5 percent Read More →
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A Santa Maria company’s subcontractor was the last firm to sign off on the food-safety practices at a farm that produced listeria-laced cantaloupe that led to dozens of deaths throughout the country, several lawsuits allege. PrimusLabs is a third-party food auditor that’s hired by growers to inspect whether their facilities, equipment and practices meet industry Read More →
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