Word: obispo
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...retirement plans; a diversified 401(k) that tracks the S&P 500, for instance, lost nearly 12% last week alone--and has lost 33% in the past 12 months. "This is not the time to be gambling with your life savings," says financial planner Robert Wacker, of San Luis Obispo, Calif., who like many Americans shifted more of his portfolio--perhaps a bit late--into the relative safety of bonds...
...biggest names. Beringer Blass (owned by Foster's--the Australian brewer, mate), Kendall-Jackson, Fetzer and Gallo (2000 sales: $1.5 billion) have all moved in or expanded there. Napa's Robert Mondavi Winery (2001 sales: $506 million) has boosted its holdings across Santa Barbara, Monterey and San Luis Obispo counties. "Every major winery in the state is betting on the central coast," says Robert La Vine, Mondavi's director of grower relations. "It's been a real rocket ride...
...local art--which Cubans are allowed to sell and even Americans are allowed to bring home, assuming your visit is licensed by the U.S. Treasury Department--follow Calle Obispo, which begins about a block from the Parque Central. Here you find dozens of "galleries"--usually the front room of a private home--where artists sell often fine work for low prices. Small oil paintings of Santeria saints go for as little as $25, while some serious larger paintings cost $150 to $300. That's cash. No U.S. credit cards or traveler's checks are accepted in Cuba. Private art galleries...
...hire 18.8% more new grads this year than they did in 2000, down from the 23.4% increase they had projected earlier this year. "Graduates are still getting good offers, and salaries are holding," says Richard Equinoa, director of career services at California Polytechnic State University in San Luis Obispo. "But let's talk in six months...
Last month, fledgling newspapers The San Luis Obispo and Atascadero Gazettes formalized their policies against reporting news concerning homosexuality or abortion. David Weyrich and his wife, the owners of these local papers of California, asserted this position with a front-page editorial advocating the sanctity of family "as God defines it." Todd Hansen, the weeklies' chief operating officer has referred the new policy as one that prevents the paper from "promoting the gay lifestyle or abortion...