Financial crisis inquiry underway in Bakersfield
The federal Financial Crisis Inquiry Commission is meeting in Bakersfield for a Sept. 7 hearing that will focus on community banks and credit unions and the impact of the financial meltdown on California communities. A live feed of the hearing is available at www.fcic.gov. The FCIC’s vice chairman is Bill Thomas, a former congressman from Read More →
Dirt is flying again as building picks up in the Tri-Counties
After a year or more of struggling to find work, contractors are ready to dig in their shovels and let the dirt fly as construction projects large and small break ground throughout the Tri-Counties. Several notable projects are in the construction pipeline, and builders I spoke with said they’re finally starting to see new business Read More →
Taking stock of PCBC, one share at a time
Generally speaking, it’s not a great idea for a journalist to own stock in a company he or she covers. In fact, it’s entirely unethical. But there is one exception. Back before the SEC’s Regulation FD, Yahoo Finance, the Internet and instantaneous disclosure of everything to everybody, it was an established practice for a Read More →
Consolidation wave hits region
The information technology landscape is changing in the Tri-Counties, with two acquisitions in San Luis Obispo County and more possible in the future. The buys come as companies that have remained strong are looking for opportunities to grow and position themselves for when better times return. They’re also showing the pains and opportunities in what’s Read More →
Find the bag, follow the money: Tech veteran builds business on lost luggage
You’ve just stepped off an airplane in London. You’re tired and jetlagged, and your bag is nowhere to be found. Looks like you’ll be presenting to the head of European operations in the clothes you’ve spent 16 hours in. Santa Barbara technology veteran Cleveland Motley wants to make sure that doesn’t happen again. Motley is Read More →
