A Thousand Oaks resident who donated $4.8 million for a building at the California Lutheran University School of Management has decided to redirect the money to help support students and entrepreneurship.
Steven Dorfman originally pledged the money to fund construction at the School of Management, but developed a new agreement with Lori Varlotta, the recently appointed president of the Thousand Oaks school.
Dorfman, who serves on the School of Management Advisory Council, directed that $1.2 million be used to fund renewable scholarships covering 75 percent to 100 percent of tuition to students in the School of Management interested in entrepreneurship and innovation.
The remaining $3.6 million will be used to provide grants to promising startups involving Cal Lutheran students or alumni, support activities such as the New Venture Competition and startup weekends and create an endowed professor of practice in entrepreneurship.
At the Chicago Mercantile Exchange, investors are now able to speculate on water prices. This practice, meant to help secure supplies for cities and farmers, has drawn criticism, as Sabrina Kessler reports from New York.
Why US investors are now betting on water
At the Chicago Mercantile Exchange, investors are now able to speculate on water prices. This practice, meant to help secure supplies for cities and farmers, has drawn criticism, as Sabrina Kessler reports from New York.
Farmers in California have to make sure that scarce water resources are used efficiently
When Edgar Terry walks his fields in the morning, there s one thing on his mind: water. The 61-year-old farmer owns 700 hectares (1,730 acres) of land a total of 12 fields with bell pepper, strawberries, spinach, celery and cilantro that have to be watered all year round.
4:22
KCLU s Lance Orozco looks at some Biden Administrative initiatives which will address some major issues on the Central and South Coasts like immigration and the environment.
The ceremonies are over, and America’s new President wasted no time getting to work even before his first day in office was finished. Democratic Congressman Salud Carbajal of Santa Barbara says many of the President’s top priorities to tackle are some of the biggest concerns in our region, like immigration and the environment.
The President is proposing an immigration reform package which includes an eight year path to citizenship for immigrants currently in the U.S. without legal status. It could open a huge door for thousands of people now living, and working on the Central and South Coasts.