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By Stephen Nellis / Friday, May 3rd, 2013 / Banking & Finance, Law & Goverment, Top Stories, Tri-County Economy / Comments Off on Nipomo man must return $47M to fraud victims, banks
John Mark Moore, 51, of Nipomo has pleaded guilty in federal court to defrauding his in-laws, a former business partner and five banks out of as much as $47 million. Before his sentencing in July, Moore is likely to try to return as much of that as he can as restitution, according to prosecutors. But Read More →
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By Dana Olsen / Friday, April 26th, 2013 / Top Stories, Tri-County Economy / Comments Off on Chancellor calls on private sector to support CSU growth
California State University Channel Islands has grown at a rapid clip since it opened its doors in 2002, a pace that’s expected to continue over the next decade as the school depends less on the state for funding and reaches out to the private sector. Timothy White, who became chancellor of the California State University Read More →
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By Stephen Nellis / Friday, April 19th, 2013 / Top Stories, Tri-County Economy / Comments Off on Living wage: Rising costs but murky benefits
The city of Santa Barbara’s living wage, the highest in California, has tacked more than $1 million on to city services contracts during the past six years. But the city has never determined whether the increased wages are actually reaching workers because no contractor has ever been formally audited for compliance. The living wage ordinance Read More →
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By Dana Olsen / Thursday, April 18th, 2013 / Tri-County Economy / Comments Off on Chancellor talks budget, calls on private sector to support CSUCI
Timothy White, who took the role of chancellor of the California State University system at the beginning of the year, visited its youngest campus for the first time on April 18. At a news conference at CSU Channel Islands in Camarillo, White said the Ventura County campus — which is the sixth of the 23 Read More →
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By Henry Dubroff / Friday, April 12th, 2013 / Top Stories, Tri-County Economy / Comments Off on Stockman vs. Yellen points out great divide in Washington
WASHINGTON, D.C. — The Federal Reserve’s unprecedented actions to drive down interest rates and stimulate recovery have sparked a political backlash, adding a new dimension to the polarization in the nation’s capital. The latest political celebrity or political scourge, depending on your point of view, is former Reagan Administration budget director David Stockman, who argues Read More →
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By Stephen Nellis / Friday, April 12th, 2013 / Central Coast, Real Estate, Top Stories, Tri-County Economy / Comments Off on Airport map could cripple SLO’s growth
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By Stephen Nellis / Thursday, April 11th, 2013 / Latest news, Technology, Tri-County Economy / Comments Off on Cool Planet to move HQ, but will keep R&D in Camarillo
Camarillo-based Cool Planet Energy Systems, one of the fastest-rising startups in the region, may relocate its headquarters and build a factory in the Denver area. The company has designed a mechanical system that uses heat and pressure to turn feedstocks such as grass into gasoline-blendable fuels, generating a byproduct called biochar that can be used Read More →
