SLO forecast gets $20K
Latest news, Tri-County EconomyThe new Central Coast Economic Forecast, the successor in San Luis Obispo County to the UCSB Economic Forecast Project, announced Oct. 11 that it has received a $20,000 foundation grant. The grant comes from the Hind Foundation and Greg Hind, one of the founders of the Economic Forecast Project. The Central Coast Economic Forecast’s first Read More →
Auto research center in works in Oxnard
Latest newsThe Oxnard City Council approved a plan Oct. 13 that will allow a state authority to issue $10 million in bonds to a private company that wants to build an automotive research facility in the city. Quattro-Del Norte LLC, the recipient of the bond financing, says the project would create about 100 jobs. The firm Read More →
Mozilo will pay $67.5 million to settle fraud case
Latest newsAngelo Mozilo, the founder and former CEO of Countrywide Financial, will pay $67.5 million to settle civil charges brought by the U.S. Securities and Exchange Commission, the largest such settlement in SEC history, the agency said. In a settlement approved in federal court on Oct. 15, Mozilo agreed to pay $22.5 million in penalties and Read More →
Fox tells VCEDA group state must improve business climate
Latest news, Tri-County EconomyThe pain of the status quo will determine the pace of California’s reform effort. That’s the view of Joel Fox, head of the Los Angeles-based Small Business Action Committee. In a keynote presentation on Oct. 15 at the 40th annual Ventura County Economic Development Association business outlook conference, Fox said reforms take place in waves Read More →
Teledyne gets $25.5M contract
Latest newsThousand Oaks-based Teledyne Technologies has won a $25.5 million federal contract for technology that would guide a single .50-caliber bullet to a faraway moving target in high winds. Teledyne Scientific & Imaging, a Teledyne subsidiary, announced the award on Oct. 14. It comes from the Defense Advanced Research Projects Agency, or DARPA, the arm of Read More →
FPPC approves Copeland fine
Latest newsCalifornia’s Fair Political Practices Commission fined San Luis Obispo businessmen James and Thomas Copeland and banker David Booker $80,000 at its Oct. 14 meeting for violating the state Political Reform Act. The Copelands and Booker are accused of staging a secret and illegal campaign in 2006 to block rancher Ernie Dalidio’s development plans. The five-member Read More →
