Homeless issue poses business threat
As Los Angeles pushes more chronic transients away from the downtown Skid Row area, more homeless men and women are drawn to the coastal climate of the TriCounties.
Countrywide was just too good to be true
Countrywide Financial Corp. shareholders are voting June 25 in Calabasas on the acquisition of their company by North Carolina-based Bank of America. In the face of the debacle known as the subprime mortgage meltdown, shareholders are being asked to allow BofA to become the nation’s largest lender in a $3.3 billion deal. How things Read More →
Time is right for Sierra Madre and Riverbench winemakers
With wine powerhouses Paso Robles to the north, Santa Barbara to the south and Santa Ynez to the east, Santa Maria’s role along the Central Coast remains primarily in agriculture. But two large grape growers, who have sold their fruits to area wineries for decades, decided they want a slice of the action. Fortunately for Read More →
Light shines on The Oaks as more tenants are announced
Lucky for the Macerich Corp., renovations at The Oaks mall are reaching full bloom much faster than the slow growth of its namesake would suggest. As reported by the Business Times in March, the shopping center developer had secured a slurry of new retailers at its Thousand Oaks mall, which has been undergoing extensive Read More →
Region
For any person driving around downtown Ventura in the late 1990s, it was obvious who held the power of the press. The Los Angeles Times’ Ventura County bureau dominated the Poinsettia City’s low-rise landscape, leaving no doubt about the daily newspaper’s desire to claim regional fealty over one of its outer domains. Just a mile Read More →
McClatchy slashes workforce
The McClatchy Co. Although Tribune President and Publisher Chip Visci refused to comment, a June 16 staff report announced plans to lay off five Tribune employees by the end of June. Since last year, 17 people have been cut from payroll. The Tribune currently employs 189 people.
Voters call for changes
A university lecturer and the Paso Robles mayor each ousted pro-growth incumbents on the San Luis Obispo County Board of Supervisors in the June 3 election. Although they won’t take office until January, the supervisors-elect said the election results indicate their constituents want a new direction for the county, especially on development and economic issues. Read More →
