Rosetta settles in, Adamksi named CEO
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CRE brokers: Bacara sold for as much as $180M, buoying market
The sale of Bacara Resort & Spa, a transaction industry insiders are pegging at a $150 million to $180 million deal, buoyed the South Coast commercial real estate market in the first quarter of the year. That was the view from Radius Commercial Real Estate & Investments in its latest quarterly market report. Radius noted Read More →
Dole reports Q1 loss after spinning off packaged food business
Dole Food Co. reported a first-quarter loss of $65.6 million, largely due to its packaged foods operations, which have since been discontinued and sold to a Japanese firm for $1.7 billion in cash. The Westlake Village-based produce giant sold its global packaged foods and Asia fresh produce businesses to Itochu Corp. in a deal that Read More →
Camarillo blaze forces home evacuations; CSUCI class cancellations
Hundreds of homes in Ventura County are being evacuated after a massive brush fire ignited early Thursday morning near the 101 freeway in Camarillo. Fire authorities have ordered evacuations for neighborhoods in Camarillo and Newbury Park and nearby areas after the so-called Springs Fire erupted at around 6:30 a.m. on May 2 and quickly consumed Read More →
Former Energy Secretary calls for manufacturing renaissance
In his first speech since stepping down as U.S. Secretary of Energy in late April, Steven Chu said American needs to actually produce the things it invents or risk losing competitiveness on the global stage. Speaking at the 2013 Summit on Energy Efficiency in Santa Barbara, he pressed scientists from UC Santa Barbara and elsewhere Read More →
