The reorganization will reduce the ownership stake held by the Sorensen family and ends a years-long search for a solution to the heavy debt load Select Staffing took on at the height of the credit bubble.
The sale sets the stage for Whole Foods’ first Central Coast store but also marks the departure of San Luis Obispo’s last independently owned grocery chain.
The seas are rising, threatening billions of dollars of California’s coastal real estate. But the question of whether property owners can armor against the waves or must fall back as their holdings wash away is at the heart of an obscure policy document making its way through the California Coastal Commission. The rules would require Read More →
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Port Hueneme City Councilwoman Sylvia Muñoz Schnopp filed for personal bankruptcy on March 12, the same day she dropped out of the race for a State Assembly seat. Muñoz Schnopp, a Republican, had filed a statement of intent to run in the June primary for the 44th Assembly District. The district covers most of Ventura Read More →
San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.
