Voters call for changes
A university lecturer and the Paso Robles mayor each ousted pro-growth incumbents on the San Luis Obispo County Board of Supervisors in the June 3 election. Although they won’t take office until January, the supervisors-elect said the election results indicate their constituents want a new direction for the county, especially on development and economic issues. Read More →
Read More →Exit, Countrywide
Three weeks after the Federal Reserve approved the merger of Countrywide Financial Corp. and Bank of America Corp., shareholders of the troubled mortgage lender are expected June 25 to give their blessings to the $3.3 billion deal. Hundreds are expected to pack an auditorium at Countrywide’s Calabasas headquarters to decide whether to exchange nearly six Read More →
Read More →RiverPark Gateway counts on small tenants
Small Business Administration, or SBA, financing has been key to securing two buyers now in escrow for two of the eight buildings planned for the RiverPark Gateway office complex, which is scheduled for completion in September, said Scott Carper of Lee & Associates-North Los Angeles/Ventura. Carper, who is representing the sales and leasing of the Read More →
Read More →Ventura tech firms shake it up
Comings, goings and job and pay cuts shook up the top layers at three of Ventura County’s publicly traded technology companies last month. Camarillo-based Semtech added a new chair to its executive suite, creating the position of chief technology officer. Oxnard-based CalAmp bridged two of its major divisions, accepting the resignation of its chief operations Read More →
Read More →Tri-county bankruptcy filings surge
Bankruptcy filings in the Tri-Counties have exploded this year, jumping more than 70 percent amid a weak economy and faltering real estate prices. Attorneys who handle the filings say the housing market crash and subsequent credit crisis account for much of the surge. The sharp increase has some firms giving up weekends and adding staff Read More →
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