Editorial: Systemic pension problems
OpinionNews that the University of California system faces a $20 billion pension shortfall underscores one sobering truth to consider on Labor Day: Public sector jobs are not a free ride. Every job in the public sector is paid for with taxes, fees, tuition or other levies on private enterprise. Public-sector employees have a certain amount Read More →
Taking stock of PCBC, one share at a time
ColumnsGenerally 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 →
First Solar buys Cuyama array site
UncategorizedThe first proposed commercial-scale solar energy project in Santa Barbara County has changed hands. The Cuyama Solar Array Project is now being shepherded by First Solar, the same company proposing the much larger 550-megawatt Topaz Solar Farm on San Luis Obispo County’s Carrizo Plain. The Cuyama project was originally proposed in September 2009 by Edison Read More →
Melton
Small BusinessMark Melton has grown his cleaning business into a tidy little tri-county empire over the past decade, sweeping in $19.8 million in revenue last year. Carpinteria-based Melton Franchise Systems, a master franchisor for Coverall Health Based Cleaning Systems and owner of the Molly Maid business in the region, made the No. 19 spot on the Read More →
SLO divided over which road to take on Broad Street project
ColumnsSome members of the San Luis Obispo business community are hoping to drive Measure H — a ballot proposal to stop the planned extension of Prado Road to Broad Street — right into a dead-end. The City Council approved the road extension in a 3-2 vote, but Measure H now puts the decision in voters’ Read More →