QAD announces quarterly dividend
QAD announced a quarterly dividend of 7.2 cents per share for Class A common stock and 6 cents per share for Class B common stock on Sept. 15. QAD has declared the same dividend for 13 of the past 14 quarters. Headed by QAD President and Chairman Pamela Lopker and her husband and CEO Karl Read More →
Rocket carrying satellite to launch Sept. 16 from Vandenberg Air Force Base
An Atlas V rocket once destined for Mars will instead carry an observation satellite into orbit when it blasts off from Vandenberg Air Force Base on Sept. 16. The United Launch Alliance, a joint venture between Lockheed Martin Space Systems and Boeing Defense, Space and Security, will launch the WorldView-4 observation satellite into orbit on Read More →
Brown signs overtime bill for agriculture workers
Gov. Jerry Brown has signed into law the controversial Assembly Bill 1066, which phases in overtime pay for agriculture workers over four years starting in 2019. “This is very just,” said Rosario Castañeda, who has been an hourly strawberry worker in Oxnard for several years. “They owe us a lot. This is a just struggle, Read More →
Zodiac Seat Shells in Santa Maria laying off another 205 workers
Zodiac Seat Shells will lay off 205 additional workers at its Santa Maria facility, according to filings with the California Employment Development Department. The filing said the layoffs are expected to start Oct. 26. In April, Zodiac announced plans to lay off 168 employees in Santa Maria starting in June. Zodiac Seat Shells, a subsidiary Read More →
Commission recommends Puente Power Project be built on alternative site
The California Coastal Commission has unanimously recommended that Oxnard’s Puente Power Project be built somewhere other than the site of an existing power plant on Mandalay Beach. The Coastal Commission made the recommendation at a Sept. 9 meeting in Newport Beach, saying the Puente Power Project should be built on an alternative site outside of Read More →
Newbury Park man gets 5 years in prison for elder scam
A Newbury Park man was sentenced to five years in state prison on Sept. 9 for his role in an investment scheme targeting elders. Rod Hormell was a financial adviser. In May, the 59-year-old pleaded guilty to felony violations of theft from an elder and fraudulent sale of securities, admitting to stealing more than $100,000. Read More →
Brown signs bill to cap idle oil, gas wells
Gov. Jerry Brown signed a bill on Sept. 9 that aims to cap more idle oil and gas wells. Assemblyman Das Williams, D-Santa Barbara, authored AB 2729, which ensures that funding is available to cap idle wells and creates disincentives for operators to maintain large numbers of idle wells. The bill also broadens the definition Read More →
