McClatchy slashes workers
McClatchy Co., owner of the San Luis Obispo Tribune, cut its quarterly dividend in half to 9 cents a share and said it will eliminate 10 percent of its staff to lower costs and conserve cash. The workforce will be reduced by the equivalent of 1,150 full-time jobs, Sacramento-based McClatchy said Sept. 16. The Read More →
News operations chief hired
Former KEYT broadcast operationchief Donald Katich has been hired as director of news operations for Ampersand Publishing, owner of the Santa Barbara News-Press. According to a News-Press staff report, Katich is responsible for “integrated news gathering for all Ampersand media platforms, including the Santa Barbara News-Press, newspress.com, radio station KZSB AM 1290 and affiliated community Read More →
Highway work under way
A project to repave two sections of Highway 246 was scheduled to start Sept. 19 in the following locations, weather permitting: • from Hill Haven Road to Via Juana Road; • from Edison Street to the Highway 154 interchange. This work will take place from 8:30 a.m. to 4 p.m. Monday through Thursday and Read More →
Commissioner eyes AIG
California Insurance Commissioner Steve Poizner said Sept. 17 monitoring the AIG issue is the No. 1 priority of his department. “The federal action offers maximum protection for AIG insurance customers in California and elsewhere,” Poizner said in a written statement. “The loan does not create any lien obligations on any of the AIG insurance assets, Read More →
L.A. police arrest Camarillo businessman
A Camarrillo business owner and another man are in custody in connection with the July 28 stabbing death of the businessman’s estranged wife. James Michael Fayed, 45, co-owner of e-Bullion and Goldfinger Bullion & Coin, was arrested Sept. 11 while appearing in federal court in Los Angeles on an indictment for alleged illegal operation of Read More →
Metrolink must regain trust
The tragic train wreck in Chatsworth that claimed 25 lives is among the worst railroad accidents in California history. It also raises serious questions about how transportation planners in the tri-county region should proceed as we rethink the balance between roads and mass transit solutions for the 21st century. Some of our left-leaning politicians Read More →
Lawmakers
California lawmakers ended a stalemate that started July 1 by approving a $145 billion state spending plan for fiscal 2008-09 – only to have the governor veto it 12 hours later. Even though it was a record 78 days into the state’s new fiscal year, the governor’s move makes sense. This is an abominable Read More →
