Marlize van Romburgh | Monday, November 15th, 2010
Features,
Small Business,
Top Stories Ojai Oil Co.’s 110-year history is as rich as the black gold bubbling up into the Ojai Valley, but the fourth generation of the company is moving away from crude oil to find new fortunes in olive oil. Ojai Oil, headquartered in Camarillo, was started in 1900 by the late Charles Off and 25 original Read More →
Marlize van Romburgh | Tuesday, November 9th, 2010
Latest news Speaking in Thousand Oaks on Nov. 9, former Trader Joe’s CEO John Shields offered up business advice and anecdotes from his thirteen years spent heading up what Fortune magazine recently called “the hottest and most secretive retailer in America.” Shields, who guided Trader Joe’s growth from 27 to 174 stores and from $132 million to Read More →
Marlize van Romburgh | Monday, November 8th, 2010
Columns,
Real Estate The 12-acre residential portion of Carpinteria’s Lagunitas mixed-use project recently sold for $10 million, a move the seller says frees it up to focus on what it does best. “I am not as enamored with building as I am with entitling and getting things approved,” Ken Slaught, president of Investec Real Estate Companies, told the Read More →
Marlize van Romburgh | Monday, November 8th, 2010
Features,
Small Business The shelves at Kingston’s Candy Co. are stacked with enough Pixy Stix, Gummi Bears, Abba Zabbas, Moon Pies, bubblegum, Smarties and chocolate bars to make Willy Wonka himself proud. “Nine months ago I was in the corporate world, and here I am having fun in candy land,” owner Sarah Jaimes says from behind a center Read More →
Marlize van Romburgh | Monday, November 8th, 2010
Banking & Finance,
Banking Industry,
Top Stories Two years after the U.S. Treasury Department rolled out its Troubled Asset Relief Program, the federal rescue plan for banks, eight of the nine banks based in the Tri-Counties that took those funds have not yet repaid them. The one bank in the region that has repaid its TARP funds — Santa Barbara-based Pacific Capital Read More →
Marlize van Romburgh | Monday, November 8th, 2010
Features,
Top Stories The former president of now-defunct mortgage lender Cameron Financial Group has filed for personal bankruptcy, listing $33.1 million in debts and $2.6 million in assets. E. Shannon Faries and his wife, Olivia Faries, filed for Chapter 7 bankruptcy on Sept. 29, listing mostly debts from their now-bankrupt company, which was based in San Luis Obispo. Read More →