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Chevron, SLO weigh development pact

By   /  Friday, October 7th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Chevron, SLO weigh development pact

Chevron has big plans for remediation and commercial development of a 332-acre plot along the Tank Farm Road corridor of San Luis Obispo. But the petroleum giant says those plans don’t pencil out unless the city agrees to a development agreement that would have taxpayers reimbursing $11.1  million of the costs. San Luis Obispo city officials Read More →

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Area community colleges get $8.4M

By   /  Friday, September 30th, 2011  /  Top Stories  /  Comments Off on Area community colleges get $8.4M

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Delta Liquid Energy puts propane stations on tap

By   /  Friday, September 30th, 2011  /  Top Stories  /  Comments Off on Delta Liquid Energy puts propane stations on tap

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Topaz Solar Farm stalls on financing

By   /  Friday, September 30th, 2011  /  Top Stories  /  Comments Off on Topaz Solar Farm stalls on financing

Construction has started on one of the massive solar energy farms on San Luis Obispo County’s Carrizo Plain, but the other is stalled until a new buyer is found after a $1.9 billion loan backstop from the U.S. Department of Energy fell through. Dirt is moving on the California Valley Solar Ranch, a 250-megwattt installation Read More →

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UCSB Materials Research Lab gets $20M

By   /  Friday, September 23rd, 2011  /  Technology, Top Stories  /  Comments Off on UCSB Materials Research Lab gets $20M

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Get ready for rising workers comp rates

By   /  Friday, September 23rd, 2011  /  Top Stories  /  Comments Off on Get ready for rising workers comp rates

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Banco BuenaVentura investors go after company’s remains

By   /  Friday, September 23rd, 2011  /  Banking & Finance, Banking Industry, Law & Goverment, Top Stories  /  Comments Off on Banco BuenaVentura investors go after company’s remains

Investors in now defunct Banco BuenaVentura are claiming the bank’s founder and his son defied orders from federal banking regulators and siphoned off investor money to pay for beachside condominiums and charted jet rides before regulators demanded that the bank liquidate in 2009. The allegations emerged in a lawsuit against the onetime Oxnard bank filed Read More →