Nipomo nonprofit buys 29 acres of
After about 10 years of planning, negotiating and fundraising, members of a Nipomo nonprofit group were finally able to close escrow on 29 acres of land they’ve had their eye on for almost half a century. The Dana Adobe Nipomo Amigos purchased the parcel for $1.2 million in an effort to preserve what Dana President Read More →
Hispanic business merits further study
Ventura County’s lead universities are taking a close look at developing a new business program to educate a new generation of Hispanic entrepreneurs. The outreach effort got off to a strong start on Jan. 13 when California Lutheran University’s School of Business Dean Chuck Maxey hosted a presentation by Santiago Ibarreche, head of the Center Read More →
Hollywood strikes
The Screen Actors Guild is proving once again why the dysfunctional state of organized labor is not particularly good for the Southern California economy. SAG can’t get its act together on a unified stance in negotiations on a new contract, threatening a repeat of last year’s disastrous 100-day writers’ strike. Mega-stars such as Tom Hanks Read More →
Gottschalks files for Ch. 11
Retailer Gottschalks filed to reorganize in a Chapter 11 bankruptcy Jan. 14, raising questions about the fate of its San Luis Obispo and Santa Maria locations. The department store chain has negotiated a $125 million debtor-in-possession financing from a group of lenders led by GE Capital, it said in a statement Jan. 14. The financing, Read More →
Nava goes after Greka
Assemblymember Pedro Nava announced that his legislation to protect the environment and go after the most egregious polluters in California is now in effect. A press release from his department named Greka Energy as “California’s worst oil polluter” and said the Department of Conservation and the Department of Fish and Game are working to implement Read More →
Los Osos man denies fraud
Los Osos businessman Leonard Adolph Delk, who is charged with defrauding investors of nearly $3 million, pleaded not guilty Jan. 8 in a San Luis Obispo court. Delk, 80, who owns LAD Management Co., faces eight felony charges related to embezzlement and theft, and illegal business practices, according to court records. Some of Delk’s investors Read More →
