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Social business center at CSUCI gets first grant

By   /  Tuesday, October 19th, 2010  /  Latest news  /  Comments Off on Social business center at CSUCI gets first grant

The California Institute for Social Business at CSU Channel Islands has received its first gift, a three-year, $300,000 grant from the Conrad N. Hilton Foundation. The institute was founded earlier this year with the help of Muhammad Yunus, a Nobel Peace Prize laureate and the inventor of the microcredit model of social businesses. “Social business” Read More →

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SLO volunteers die in Baja plane crash

By   /  Monday, October 18th, 2010  /  Latest news  /  Comments Off on SLO volunteers die in Baja plane crash

Four San Luis Obispo County residents on a humanitarian medical trip to Mexico were killed in a plane crash on Oct. 15. The group consisted of Graciela Sarmiento and James Thornton, both doctors from Arroyo Grande Community Hospital; attorney Roger Lyon of Cayucos, who owned the plane and was flying it; and Cal Poly San Read More →

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Camarillo chamber CEO to retire

By   /  Monday, October 18th, 2010  /  Latest news  /  Comments Off on Camarillo chamber CEO to retire

Camarillo Chamber of Commerce President Tom Kelley will step down in January after nearly a decade as head of one of the most dynamic chambers in Ventura County. In a statement from board chair Michael Lavenant, the chamber said Kelley will retire effective Jan. 3, 2011. His accomplishments included bringing Camarillo and its business community Read More →

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SLO forecast gets $20K

By   /  Monday, October 18th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on SLO forecast gets $20K

The new Central Coast Economic Forecast, the successor in San Luis Obispo County to the UCSB Economic Forecast Project, announced Oct. 11 that it has received a $20,000 foundation grant. The grant comes from the Hind Foundation and Greg Hind, one of the founders of the Economic Forecast Project. The Central Coast Economic Forecast’s first Read More →

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Auto research center in works in Oxnard

By   /  Monday, October 18th, 2010  /  Latest news  /  Comments Off on Auto research center in works in Oxnard

The Oxnard City Council approved a plan Oct. 13 that will allow a state authority to issue $10 million in bonds to a private company that wants to build an automotive research facility in the city. Quattro-Del Norte LLC, the recipient of the bond financing, says the project would create about 100 jobs. The firm Read More →

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Editorial: Commute relief on the way, finally

By   /  Monday, October 18th, 2010  /  Editorials, Opinion  /  Comments Off on Editorial: Commute relief on the way, finally

Speaking of cars (see accompanying editorial), there are entirely too many of them traveling Highway 101 between Santa Barbara and Ventura every morning and evening. Estimates have put the number of daily commuters as high as 20,000, and the hours they spend stuck in traffic are a significant drain on the region’s economy and quality Read More →

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Mozilo will pay $67.5 million to settle fraud case

By   /  Friday, October 15th, 2010  /  Latest news  /  Comments Off on Mozilo will pay $67.5 million to settle fraud case

Angelo Mozilo, the founder and former CEO of Countrywide Financial, will pay $67.5 million to settle civil charges brought by the U.S. Securities and Exchange Commission, the largest such settlement in SEC history, the agency said. In a settlement approved in federal court on Oct. 15, Mozilo agreed to pay $22.5 million in penalties and Read More →

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