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Ojai Community Bank sale to close Sept. 29

By   /  Tuesday, September 26th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Ojai Community Bank sale to close Sept. 29

The Bank of the Sierra took the final step toward closing its acquisition of the parent company of Ojai Community Bank on Sept. 22, with the announcement that OCB Bancorp shareholders had voted to approve the deal. The announcement was made a day after the OCB Bancorp shareholder vote. Ojai Community Bank will close on Read More →

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Cal Poly SLO gets $500,000 grant to fund startup development

By   /  Monday, September 25th, 2017  /  Central Coast, Education, Energy, Latest news, Technology  /  Comments Off on Cal Poly SLO gets $500,000 grant to fund startup development

The Cal Poly San Luis Obispo Center for Innovation and Entrepreneurship received $500,000 to fund startup development in the county as part of an effort to mitigate job losses from the proposed closure of the Diablo Canyon nuclear power plant. U.S. Rep. Salud Carbajal, D-Santa Barbara, announced on Sept. 18 that the Department of Commerce’s Read More →

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California’s labor shortage can be fixed

By   /  Friday, September 22nd, 2017  /  Central Coast, Education, Latest news, Op/Eds  /  Comments Off on California’s labor shortage can be fixed

By Jordan Cunningham California has a huge hole in our skilled labor force. Construction companies scramble to find carpenters, electricians, iron workers and those in other specialized careers that make up the construction workforce. Nearly 70 percent of California contractors said they’re having difficulty filling positions for installation specialists. Roughly 50 percent said it’s difficult Read More →

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Input sought on plan to close Diablo Canyon nuclear power plant by 2025

By   /  Friday, September 22nd, 2017  /  Central Coast, Energy, Latest news  /  Comments Off on Input sought on plan to close Diablo Canyon nuclear power plant by 2025

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Defense stock investors making ‘flight to safety’

By   /  Friday, September 22nd, 2017  /  Central Coast, Latest news, Technology  /  Comments Off on Defense stock investors making ‘flight to safety’

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California’s economic growth slowing

By   /  Thursday, September 21st, 2017  /  Latest news, Tri-County Economy  /  Comments Off on California’s economic growth slowing

California’s economic growth has slowed compared to the U.S. economy and the trend of slowing growth will continue over the next two years with GDP growth declining to 2.3 percent, the California Lutheran University Center for Economic Research and Forecasting said in its Sept. 21 forecast. Job growth is expected to drop to 1.3 percent, Read More →

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Dole Food lays off another 400 berry workers

By   /  Tuesday, September 19th, 2017  /  Agribusiness, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Dole Food lays off another 400 berry workers

Westlake Village-based Dole Food continued to downsize its California berry operations with a layoff of more than 400 workers in Watsonville. The company submitted a notice to the California Employment Development Department at the end of August stating that the employees would be laid off effective Oct. 28. This comes after the announcement that 172 Read More →

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