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San Luis Obispo city manager leaving for Santa Monica

By   /  Monday, August 7th, 2017  /  Central Coast, Latest news  /  Comments Off on San Luis Obispo city manager leaving for Santa Monica

Katie Lichtig, San Luis Obispo’s city manager since 2009, will be leaving this fall to join former Ventura City Manager Rick Cole in Santa Monica, the city where she started her career in 1992. Lichtig finished first in a national search for a chief operating officer for Santa Monica, which boasts one of the fastest Read More →

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Bill fast-tracks highway repairs throughout the Tri-Counties

By   /  Friday, August 4th, 2017  /  middle, Tri-County Economy  /  Comments Off on Bill fast-tracks highway repairs throughout the Tri-Counties

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Hotel Californian will boost Santa Barbara’s prestige

By   /  Friday, August 4th, 2017  /  South Coast, Top Stories, Top Story, Tourism  /  Comments Off on Hotel Californian will boost Santa Barbara’s prestige

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Our view: Housing shortage spurs exodus to other states

By   /  Friday, August 4th, 2017  /  Editorials, Latest news, Opinion  /  Comments Off on Our view: Housing shortage spurs exodus to other states

While California’s housing crisis has begun to trigger a backlash, with some cities hunkering down behind NIMBY walls, the dire shortage of homes is having big impacts on other states. In Colorado, an influx of young, upwardly mobile professionals is fueling a boom in apartment building, driving rents higher and triggering an affordable housing crisis. Read More →

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Net income up 15 percent at Community West Bancshares

By   /  Friday, July 28th, 2017  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Net income up 15 percent at Community West Bancshares

Net income for Community West Bancshares increased nearly 15 percent for the second quarter ended June 30 to $1.6 million, or 18 cents per diluted share. Loans increased to $684.8 million, versus $564.8 million a year ago, and total assets grew 22.2 percent year-over-year to $785 million. Net interest margin dropped slightly, from 4.45 percent Read More →

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Graphiq sale may give edge to Amazon

By   /  Friday, July 28th, 2017  /  Latest news, South Coast, Technology  /  Comments Off on Graphiq sale may give edge to Amazon

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Time for the Fed to get out of the way

By   /  Friday, July 28th, 2017  /  Latest news, Op/Eds, Opinion  /  Comments Off on Time for the Fed to get out of the way

By Gerry Frigon A recent article by Anthony Mirhaydari, published in The Fiscal Times,  wonders if the Federal Reserve is about to begin a “war on the rich.” Mirhaydari cites Merrill Lynch Chief Investment Strategist Michael Hartnett, who appears to suggest that such is the case in his call for a “big top” in stocks Read More →

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