Dubroff: Raising minimum wage to $15 per hour will hurt businesses
Having pushed through one of the largest tax increases in California history, Gov. Jerry Brown has now put his stamp on a minimum wage hike that will likely take away as much opportunity as it provides. A pragmatist and fiscal prude, Brown jumped into the minimum wage debate and wrung from union advocates concessions that Read More →
Carpinteria beach dune restoration project gets $204K grant
The California Natural Resources Agency awarded $203,862 to the Carpinteria State Beach Dune Restoration Project on March 28. The funds will be used to remove invasive plant species and replace them with native vegetation. The project also includes improving public beach access by building a boardwalk with interactive educational elements. The project is one of Read More →
Dubroff: Santa Barbara takes a regional view of innovation culture
In a sign that the current wave of tech entrepreneurship might just be sustainable, cities across the Tri-Counties are beginning to embrace the startup culture. San Luis Obispo is thinking about housing a much bigger tech savvy workforce, working closely with Cal Poly and capitalizing on the success of MindBody. Ventura is looking beyond the Read More →
Farm Credit West net income grows
Roseville-based Farm Credit West increased its net income from $163 million in 2014 to $169 million in 2015, the credit union announced on March 14. Farm Credit West has offices in Carpinteria, Santa Maria, Templeton and Ventura, where it provides loans, leases and financial services to farmers, ranchers, rural homeowners, agribusinesses and agricultural and rural Read More →
It’s official: CKE moving headquarters from Carpinteria to Nashville
CKE Restaurants, the parent company of Hardees and Carl’s Jr., is moving its Carpinteria headquarters to Nashville, Tennessee, the company announced March 7. The Business Times broke the news in its print edition March 4 that CKE was looking to consolidate the Carpinteria office and Hardee’s St. Louis office into one office in Nashville. A Read More →
CKE may be leaving Carpinteria
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Venoco misses interest payment, looks to restructure debt
Venoco is looking to restructure its debt as the Refugio oil spill fallout and oil market decline has hindered operations. The Denver-based oil producer that has offices in Carpinteria has chosen not to make the $13.7 million semi-annual interest payment due Feb. 16 on its 8.875 percent senior unsecured notes as the company considers its Read More →
