Nava goes after Greka
Assemblymember Pedro Nava announced that his legislation to protect the environment and go after the most egregious polluters in California is now in effect. A press release from his department named Greka Energy as “California’s worst oil polluter” and said the Department of Conservation and the Department of Fish and Game are working to implement Read More →
Los Osos man denies fraud
Los Osos businessman Leonard Adolph Delk, who is charged with defrauding investors of nearly $3 million, pleaded not guilty Jan. 8 in a San Luis Obispo court. Delk, 80, who owns LAD Management Co., faces eight felony charges related to embezzlement and theft, and illegal business practices, according to court records. Some of Delk’s investors Read More →
UCSB ordered to cut fall enrollment
Short on state funds, the University of California system will cut freshmen enrollment and freeze top administrators’ salaries. For the University of California, Santa Barbara – the Tri-Counties’ largest university with more than 22,000 students – the Jan. 14 move by university regents will mean 275 fewer new freshman admitted this fall. The school enrolled Read More →
December job cuts hit 1,780 in region
[Editor’s Note: Clarification appended below.] Major private employers in the Tri-Counties cut 1,780 jobs from December through early January, more than 10 times the number of positions the region shed in the same period a year ago. The increase in job cuts was found in a Business Times review of state and local data and Read More →
Mentor sued over sale price
The billion-dollar acquisition of Mentor Corp. has run into legal opposition from disappointed shareholders. Drug giant Johnson & Johnson on Dec. 1 offered to buy the Santa Barbara-based breast implant maker for $1.07 billion in cash, or $31 a share. The proposed acquisition was the largest deal involving a tri-county company in 2008. Within days, Read More →
