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You are here:  Home  >  Articles by Staff Report  -  Page 330
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Jesusita Fire 95 percent contained

By   /  Tuesday, May 5th, 2009  /  Latest news  /  Comments Off on Jesusita Fire 95 percent contained

The Jesusita Fire, which has burned more than 13 square miles, is 95 percent contained, officials announced May 15. All evacuation orders and warnings have been lifted. Fire investigators announced May 10 that power tool equipment used to clear vegetation likely sparked the blaze May 5. Officials have confirmed that the fire destroyed 80 homes Read More →

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Ventura's Pierpont Inn sold to investment group

By   /  Monday, April 20th, 2009  /  Latest news  /  Comments Off on Ventura's Pierpont Inn sold to investment group

After a proposed deal fell through a year ago, the Pierpont Inn in Ventura has been sold to a group of investors. The Pierpont Inn said April 17 that it had been acquired by Pierpont Group LLC. Last March, the hotel’s owner – Central Coast Management – tried to engineer a sale to an investment Read More →

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Vitesse cuts 60 jobs

By   /  Tuesday, March 31st, 2009  /  Latest news  /  Comments Off on Vitesse cuts 60 jobs

Vitesse Semiconductor Corp. is laying off about 60 of its roughly 500 employees, the company said in a release. The Camarillo company makes high-speed semiconductors for networks. It said the cut of 12 percent of its global workforce is designed to reduce operating expenses. “While we do see a few positive indicators in the market, Read More →

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Long term, budget deal could fall short

By   /  Thursday, February 19th, 2009  /  Latest news  /  Comments Off on Long term, budget deal could fall short

California’s newly minted budget compromise is a step toward resolving the current gridlock, but it may not fix problems for the longer haul, warned Sacramento Bee columnist Dan Walters. Speaking at the University of California, Santa Barbara, Economic Forecast Project’s Ventura County forecast in Thousand Oaks on Feb. 19, Walters said that when the full Read More →

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Madoff meltdown hits tri-county investors

By   /  Thursday, February 5th, 2009  /  Latest news  /  Comments Off on Madoff meltdown hits tri-county investors

Several tri-county investors are listed on the just-revealed client list of Bernard Madoff, the man whose alleged Ponzi scheme may have bilked investors out of $50 billion. The list came in filings made in bankruptcy proceedings for Bernard L. Madoff Investment Securities LLC in U.S. Bankruptcy Court in New York. Most of the investors on Read More →

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Camarillo prison hospital might get scrapped

By   /  Wednesday, February 4th, 2009  /  Latest news  /  Comments Off on Camarillo prison hospital might get scrapped

Just as opposition to the proposed prison hospital in Camarillo was about to reach a boiling point, Federal Receiver J. Clark Kelso said he would slam on the brakes before the project can get off the ground. After an onslaught of criticism, Kelso said Feb. 3 he would modify his $8 billion prison hospital plans Read More →

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Tax troubles set back developer

By   /  Tuesday, February 3rd, 2009  /  Latest news  /  Comments Off on Tax troubles set back developer

Unpaid taxes totaling nearly $300,000 are the latest problems piling up for Robert Fowler, the owner of a 100-acre tract near the Santa Margarita Ranch in San Luis Obispo County. California officials have issued a $293,757 tax lien against Fowler. Last fall, he received a default notice on the 100-acre parcel in Santa Margarita that Read More →

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