ValueClick buys Investopedia
The Westlake Village-based Internet advertising company ValueClick announced Aug. 4 that it had acquired Investopedia, a financial and investing information website. ValueClick said it bought the company from Forbes for approximately $42 million in cash. In 2010, Investopedia is expected to generate $10 million in revenue and $5 million in earnings before interest, taxes, depreciation Read More →
Limoneira to ditch Sunkist, market own lemons
Santa Paula-based lemon and avocado grower Limoneira Co. said Aug. 3 that it’s dumping citrus distributor and marketer Sunkist Growers in favor of marketing and selling its lemons directly. Limoneira said it will terminate the Sunkist agreement on Nov. 1, after which it will pack, prepare and ship its own lemons to to foodservice, wholesale Read More →
Maldonado's farm pays tax bill
The Santa Maria family farm owned by Lt. Gov. Abel Maldonado settled its dispute with the International Revenue Service by paying $111,146 in back taxes on July 26, the Los Angeles Times reported. The IRS had placed a lien in that amount on Agro-Jal Enterprises in April, an action that was first revealed in a Read More →
Port of Hueneme budget passsed
The Oxnard Harbor District board has approved the Port of Hueneme’s new budget for the 2010-11 fiscal year, one that reflects “the continued impact of the sluggish global economy,” according to a district news release. The Harbor District’s operating revenues are projected to be $10.4 million, an increase of about 3.3 percent from the last Read More →
Editorial: The way to San Jose
An impressive gathering of South Coast business and political leaders met July 21 to map out a strategy for restoring direct service from Santa Barbara’s airport to San Jose. This service is critical to meeting the needs of the region’s technology industry, and SkyWest Airlines’ decision to suspend the service earlier this summer did Read More →
Editorial: Oxnard, don't go nuclear on credit union
Oxnard has threatened to use eminent domain proceedings to evict a longtime tenant, Pacific Oaks Credit Union, from a troubled property known as Carriage Square. That strikes us as a harsh way to treat a financial institution that’s an important part of the lifeblood of the region’s largest city, and we’d urge the city, property Read More →
SLO nonprofit guides way to green
Green Building Pages, a nonprofit based in San Luis Obispo, was started by architect Marilyn Miller Farmer with a simple goal: to make sustainable building more accessible. When Farmer first started as an architect, she wanted to focus on sustainable design, but she kept running into trouble finding reasonably priced green materials. Her brainchild, Green Read More →
