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Sansum Clinic now on state insurance exchange

By   /  Friday, November 22nd, 2013  /  Central Coast Health Watch, Top Stories  /  Comments Off on Sansum Clinic now on state insurance exchange

In a big step forward for Covered California’s ability to serve residents of the Tri-Counties, Sansum Clinic said late Friday afternoon that its 23 outpatient medical clinics will serve patients who buy Anthem Blue Cross coverage on the state’s online health insurance exchange. Sansum is one of the largest primary patient care providers in Covered California’s District 12, which includes Santa Barbara, Ventura and San Luis Obispo counties.

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Philanthropist Fred Kavli dies at 86

By   /  Friday, November 22nd, 2013  /  Nonprofits, Real Estate, Technology, Top Stories  /  Comments Off on Philanthropist Fred Kavli dies at 86

Fred Kavli, a Norwegian-born entrepreneur, scientist and philanthropist who created thousands of jobs and gave millions for the study of theoretical physics, died at his home in Santa Barbara on Nov. 21. He founded KavliCo Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.

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Central Coast leads the way as solar, tourism boost SLO County recovery

By   /  Friday, November 22nd, 2013  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Central Coast leads the way as solar, tourism boost SLO County recovery

In remarks prepared for the 2014 SLO County Economic Forecast Breakfast on Nov. 22, Jordan Levine of Beacon Economics said only San Luis Obispo, San Jose, San Francisco and Bakersfield have gone positive when it comes to the pre-recession jobs peak.

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Apollo cashes in on CKE with $1.6B sale

By   /  Friday, November 22nd, 2013  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Apollo cashes in on CKE with $1.6B sale

CKE will join Roark affiliated companies, which include Arby’s, Cinnabon, Carvel, Wingstop, Corner Bakery and a number of others. “The cultural match is very positive, and we look forward to taking full advantage of their experience and expertise in the restaurant segment,” CKE chief executive Andy Puzder told the Business Times.

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Defense leaders say industry faces skilled worker shortage

By   /  Friday, November 22nd, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense leaders say industry faces skilled worker shortage

Some of the nation’s top defense industry executives said at a forum at the Reagan Presidential Library on Nov. 16 that they have grave concerns about the nation’s ability to supply the workers needed to maintain the nation’s technological superiority.

Shaky job security at defense firms, competition for talent from non-defense companies and a shortage of science and math graduates are making it hard to hire and retain the kind of skilled people who have made the United States a world leader in technology for decades, panelists said.

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Dry spell: Ventura County struggles to refill from Santa Clara River

By   /  Friday, November 22nd, 2013  /  Agribusiness, East Ventura County, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Dry spell: Ventura County struggles to refill from Santa Clara River

Farms, industries and municipalities in Ventura County could see a severe reduction in the amount of water they receive from the Santa Clara River watershed and sharply higher prices if a pair of environmental challenges are successful, a top groundwater manager said Nov. 16.

Tony Morgan, groundwater department manager for the United Water Conservation District, said at a symposium in Santa Paula that the district is unlikely to be able to supply anywhere near the water this year that it has in the past because of prolonged dry weather.

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Emissions cap prompts oil firm backlash

By   /  Friday, November 22nd, 2013  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Emissions cap prompts oil firm backlash

Santa Barbara County’s decision to impose a strict cap on carbon emissions from a proposed oil project puts the county at a competitive disadvantage in California and likely will cut into the money energy firms pump into the regional economy.

The Board of Supervisors voted 3-2 on Nov. 12 to require Santa Maria Energy to cap its carbon emissions at 10,000 tons per year. Santa Maria Energy had proposed 136 wells for a site near Orcutt.

Santa Barbara County’s oil is thick and viscous. In order to extract it, companies inject steam into wells to soften the oil. Burning natural gas to create the steam is what generates the bulk of carbon emissions.

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