Tuesday, May 8 2012 7:22 PM EDT2012-05-08 23:22:03 GMT
SALINAS, Calif. -- Capital One has agreed to pay property taxes to the city of Salinas through 2019, after the company's lease expires at that time. Officials with Capital One told Rep. Sam Farr thisMore >>
Capital One has agreed to pay property taxes to the city of Salinas through 2019, after the company's lease expires at that time.More >>
Thursday, May 3 2012 8:58 PM EDT2012-05-04 00:58:25 GMT
SALINAS - Forty million dollars worth of salaries is what the city of Salinas will be losing after Capital One announced it's shutting down its Salinas location, putting more than 850 people out of a job. "It'sMore >>
Forty million dollars worth of salaries is what the city of Salinas will be losing after Capital One announced it's shutting down its Salinas location, putting more than 850 people out of a job.More >>
Thursday, May 3 2012 11:24 AM EDT2012-05-03 15:24:57 GMT
SALINAS - A bombshell announcement that stunned employees and will force our central coast economy to stagger is a reminisence for employees who have been through this once before. Capital One is shuttingMore >>
A bombshell announcement that stunned employees and will force our central coast economy to stagger is a reminisence for employees who have been through this once before.More >>
Thursday, May 3 2012 11:17 AM EDT2012-05-03 15:17:41 GMT
SALINAS, Calif. -- Capital One Layoffs May Affect Housing Market. The layoff announcement is expected to hit the already slow housing market, hard. Realtor Ruben Dominguez says Capital One workers whoMore >>
The layoff announcement is expected to hit the already slow housing market, hard.More >>
Wednesday, May 2 2012 9:23 PM EDT2012-05-03 01:23:11 GMT
SALINAS, Calif. -- The day following Capital One purchase of the HSBC Salinas site, over 800 employees have been told they will lose their jobs by 2013. Capital One said in a statement to Central CoastMore >>
Closing one shop and opening another: Capital One announces they are shutting down Salinas operations, which means layoffs for over 800 employees, while they cut the ribbon on a new credit facility in South Dakota.More >>
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If you want breaking news sent to your email just click here.More >>
SALINAS, Calif. -- Capital One has agreed to pay property taxes to the city of Salinas through 2019, after the company's lease expires at that time.
Officials with Capital One told Rep. Sam Farr this news at their Washington D.C. meeting, Tuesday, arranged to discuss what is being done for the employees and residents in Salinas.
Capital One announced one week ago that they were shutting down their Salinas operations by 2013, resulting in the layoffs of 850 employees.
Rep. Sam Farr's office says Farr is also planning on meeting with HSBC officials to determine what that bank can do for the city.
In addition to the property taxes, Capital One has agreed to pay 1.6 million dollars to the city, $600,000 of which would go to non-profits in the city.
The remaining amount would be going towards the city's economic development.
Tuesday, June 18 2013 9:55 PM EDT2013-06-19 01:55:30 GMT
SALINAS- You may remember the hit TV series "Doogie Howser." And you may think you're walking onto that set at the Salinas Valley Memorial Hospital this summer.High school students are getting a firsthandMore >>
You may remember the hit TV series "Doogie Howser." And you may think you're walking onto that set at the Salinas Valley Memorial Hospital this summer.More >>
Tuesday, June 18 2013 9:06 PM EDT2013-06-19 01:06:34 GMT
MONTEREY, Calif.- The fight over a solution to the Monterey Peninsula's water crisis is still boiling. Now there's a lawsuit opposing a water fee enacted by the Monterey Peninsula Water Management District. ResidentsMore >>
MONTEREY, Calif.- The fight over a solution to the Monterey Peninsula's water crisis is still boiling. Now there's a lawsuit opposing a water fee enacted by the Monterey Peninsula Water Management District.More >>
Tuesday, June 18 2013 8:27 PM EDT2013-06-19 00:27:07 GMT
SALINAS, Calif- Salinas Councilman Jose Castaneda has been at the center of a few controversies since he took office. But come November one of those may be solved. In an interview, Castaneda told CentralMore >>
Salinas Councilman Jose Castaneda has been at the center of a few controversies since he took office. But come November one of those may be solved.More >>
Tuesday, June 18 2013 8:06 PM EDT2013-06-19 00:06:33 GMT
SACRAMENTO, Calif- A bill now sitting on Governor Brown's desk would make it optional for cities and counties to comply with deadlines and other rules when they receive a request for public records.More >>
A bill now sitting on Governor Brown's desk would make it optional for cities and counties to comply with deadlines and other rules when they receive a request for public records.More >>
Tuesday, June 18 2013 7:52 PM EDT2013-06-18 23:52:48 GMT
SALINAS, Calif- Salinas Police say they are looking for five sex offenders who were all supposed to register but have not. Some of them have been hiding from law enforment for two years, say police. IfMore >>
Salinas Police say they are looking for five sex offenders who were all supposed to register but have not. Some of them have been hiding from law enforment for two years, say police.More >>