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City National bank CEO heralds Fed decision to raise rates

By   /  Thursday, December 17th, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on City National bank CEO heralds Fed decision to raise rates

The Federal Reserve’s Dec. 16 decision to begin the long process of normalizing short-term interest rates got a thumbs up from one of Southern California’s most influential bankers. City National Bank CEO Russell Goldsmith heralded the decision to raise the benchmark short-term rate to 25 basis points from zero — the first rate hike in Read More →

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Regulators sued for oil pipeline info

By   /  Friday, December 11th, 2015  /  Energy, Latest news, Top Stories  /  Comments Off on Regulators sued for oil pipeline info

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Tri-county farmers get creative after unusually hot fall harvest

By   /  Friday, December 11th, 2015  /  Agribusiness, Latest news, Small Business, Top Stories, Tourism  /  Comments Off on Tri-county farmers get creative after unusually hot fall harvest

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Low gas prices great for tri-county consumers but not all businesses

By   /  Friday, December 11th, 2015  /  Columns, Energy, Latest news  /  Comments Off on Low gas prices great for tri-county consumers but not all businesses

Market disruptions have consequences. And the downward spiral in oil prices looks like the sort of disruption that could have far-ranging consequences. For one thing, we may be at the dawn of a decade where baby-boom era memories of gasoline lines fade and global demand for petroleum products is suppressed as China’s appetite for commodities Read More →

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Drought forces Pismo Beach to issue building moratorium

By   /  Friday, December 11th, 2015  /  Columns, Real Estate  /  Comments Off on Drought forces Pismo Beach to issue building moratorium

  The city of Pismo Beach recently issued a tiered building moratorium aimed to conserve water during the state’s historic drought. The first tier is effective immediately — the city will not issue new building permits. Planning and building permits already in the pipeline will move forward and new planning applications will be accepted. But Read More →

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Agencies should release oil pipeline information

By   /  Friday, December 11th, 2015  /  Editorials, Opinion  /  1 Comment

Federal regulators should stop dragging their heels and release requested information about the oil pipelines that run through the Tri-Counties immediately. Business Times staff writer Alex Kacik reports in this issue that the Environmental Defense Center has filed a lawsuit against the federal Pipeline and Hazardous Materials Safety Administration, alleging that the agency is refusing Read More →

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Environmentalists sue regulators for not releasing info on tri-county oil pipelines

By   /  Tuesday, December 8th, 2015  /  Energy, Latest news, Law & Goverment, Top Stories  /  Comments Off on Environmentalists sue regulators for not releasing info on tri-county oil pipelines

  Environmental groups have filed lawsuits against federal regulators for allegedly refusing to release information regarding oil pipelines in the Tri-Counties. The Environmental Defense Center and Santa Barbara Channelkeepers sent a Freedom of Information Act request to the Pipeline and Hazardous Materials Safety Administration on May 22. PHMSA has yet to fulfill the FOIA requests, Read More →