Move-in day at Cal Poly Tech Park, ATA waits for roommates
The Cal Poly Technology Park officially has its first tenant. Applied Technologies Associates, an Albuquerque-based firm that designs and manufactures products for the oil industry, signed a lease for 3,000 square feet in the on-campus park at Cal Poly San Luis Obispo. The firm, which has major technical operations in Paso Robles, will maintain Read More →
Goldman mess spotlights crisis in executive suite
Look around at the economic wreckage of the past couple of years and one thing is obvious — we have witnessed the most colossal failure of management in the history of the modern corporation. For all the talk about government intervention, TARP and the need to rewrite financial regulation to prevent another meltdown, the actual Read More →
Bargain boutique
Whether on the sales rack or in the rental market, Johanna Melamed knows how to snag a bargain when she sees it. Melamed is the owner of The Closet, a boutique consignment and resale clothing business with stores in Santa Barbara and Westlake Village. She recently moved the Santa Barbara store from its first location Read More →
Countrywide identity theft suit hits home in Ventura County
Claiming $20 million in identity theft damages, 16 Ventura County residents have sued Countrywide Financial Corp., the defunct subprime lender now owned by Bank of America. The lawsuit comes after the 2008 arrest of two men, one of them a Countrywide analyst, who were accused of stealing and then selling the identity information of 2.4 million Read More →
CKE nears buyout endgame
South Coast, meet buyout specialist Leon Black. He does not mess around. Black is believed to be the man behind an April 19 bid of $12.55 per share for Carpinteria-based CKE Restaurants, the parent of Carl’s Jr. and Hardees. That’s a whopping 13.5 percent higher than the $11.05 on the table from Boston-based private equity Read More →
Carpinteria chamber backs drilling proposal
The Carpinteria Valley Chamber of Commerce has gone from neutral to supportive of Measure J, which would allow Venoco to drill offshore for oil and gas from an onshore rig in the city. The Carpinteria City Council opposes Measure J, which will be on the June 8 ballot. The business community is divided. When the Read More →
