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By Elijah Brumback / Friday, November 7th, 2014 / Central Coast, Latest news, Subscriber content, Top Stories, Tri-County Economy / Comments Off on Cash-strapped Guadalupe banks on DJ Farms project
For Guadalupe, it’s not the city’s expenses that are the problem — it’s revenue. With little commercial presence from businesses and a population of about 7,100, business tax revenues have dwindled and the ability to attract retailers is almost nonexistent.
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By Staff Report / Monday, November 3rd, 2014 / Agribusiness, Central Coast, Latest news, Real Estate, Top Stories, Tri-County Economy / Comments Off on $20M gift to Cal Poly is largest ever
Former Apple chief financial officer Peter Oppenheimer and his wife Mary Beth made the single largest cash gift ever to Cal Poly San Luis Obispo, according to a Nov. 3 announcement from the university. The university expects the $20 million donation to completely cover the cost to develop and construct four new facilities projects within Read More →
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By Elijah Brumback / Friday, October 31st, 2014 / Central Coast, Latest news, Real Estate, Restaurants, Small Business, South Coast / Comments Off on Figueroa Mountain says ‘Prost!’
Buellton-based craft brewer Figueroa Mountain is headed across the pond with plans to open a new taproom and brewing operation in Germany. Brewbound, a source for all things beer industry related, dropped the news Oct. 30 that Figueroa is headed to the Bavaria region of the country and plans to start contract brewing there within Read More →
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By Elijah Brumback / Friday, October 31st, 2014 / East Ventura County, Latest news, Top Stories / Comments Off on Amid falling energy prices, Venoco slims down
With revenue sagging and pressure mounting to reduce its debt load, Venoco agreed to sell the Oxnard field for $200 million to an unnamed buyer.
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By Elijah Brumback / Friday, October 31st, 2014 / Central Coast, Latest news, Real Estate, Subscriber content, Top Stories / Comments Off on Santa Maria Valley awaits business park
After more than a decade of processing, permitting and managing a salamander on the federal list of threatened species, the Santa Maria Airport District is expecting to receive final approval on its much-delayed specific plan at the center, which would allow for an expanded business park.
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By Elijah Brumback / Thursday, October 30th, 2014 / Latest news, Real Estate, South Coast / Comments Off on Montecito property sells for $13M
Montecito’s Coast Village Road continues to be a hot spot for commercial real estate investment as the Coast Village Plaza recently traded hands for $13 million in off-market deal. The property is home to Giovanni’s, UPS Store, Sequel Salon, DaniBoy, The Tennis Shop, Riviera Smiles, Norvell Bass Cleaners, Richie the Barber and Scoops Gelato, among Read More →
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By Staff Report / Monday, October 27th, 2014 / Earnings, East Ventura County, Latest news, Tri-County Public Companies / Comments Off on Cost cutting, new drugs boost Amgen shares
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”27-04-2014″ enddate=”27-10-2014″ width=”300″ height=”245″] Cost cutting moves and new drugs are starting to pay off for Amgen Inc., as the biotech giant raised earnings guidance after a stronger-than-expected third quarter. The company said Oct. 27 that strong demand for its white blood cell booster, Neulasta, and increased sales of newer Read More →