City National bank CEO heralds Fed decision to raise rates
By Henry Dubroff / 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 →
Regulators sued for oil pipeline info
By pacbiztimes / 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 Marissa Nall / 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 Henry Dubroff / 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 →
Drought forces Pismo Beach to issue building moratorium
By pacbiztimes / 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 →
Agencies should release oil pipeline information
By Glenn Rabinowitz / 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 →
Environmentalists sue regulators for not releasing info on tri-county oil pipelines
By pacbiztimes / 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 →