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Biz Buzz: 2 stores closing on one SLO block

Biz Buzz: 2 stores closing on one SLO block Black Sea Gallery and Lil Grom spaces are for lease; the area on Marsh Street is proposed to be converted to a large retail-condo complex

The retail locations for Black Sea Gallery and Lil Grom, two stores in downtown San Luis Obispo on Marsh Street between Broad and Garden streets, are for lease.

"They just did not have the business success they hoped," said John Rossetti, owner of Rossetti Co. and one of four partners who own the properties.

Black Sea Gallery manager Moe Sari believes his furniture business was affected by the slowdown in the housing industry.

"Black Sea Gallery has closed four stores already in California and plans to close two more," Sari said. "It's getting to look like a recession to me, and it's not going to get better any time soon.


TEXT-Fitch release on Eni Spa

Fitch notes that the project is likely to benefit from a strengthening of relationships and the sharing of greater responsibilities with its host country. State intervention in the oil and gas sector has become more frequent in the current high oil price environment, especially in countries where economies rely heavily on royalties and /or taxes and dividends from oil and gas companies.

Although the agreement may have a financial impact on the Kashagan project economics, it is difficult to assess the magnitude of it at this stage as the compensation payment structure is linked to oil prices at the start of commercial operations. Additionally, the project was originally conceived in a much lower oil price environment, so any adjustments to the project economics may well be compensated for by a higher price environment.


TEXT-Fitch release on Eni Spa

Fitch notes that the project is likely to benefit from a strengthening of relationships and the sharing of greater responsibilities with its host country. State intervention in the oil and gas sector has become more frequent in the current high oil price environment, especially in countries where economies rely heavily on royalties and /or taxes and dividends from oil and gas companies.

Although the agreement may have a financial impact on the Kashagan project economics, it is difficult to assess the magnitude of it at this stage as the compensation payment structure is linked to oil prices at the start of commercial operations. Additionally, the project was originally conceived in a much lower oil price environment, so any adjustments to the project economics may well be compensated for by a higher price environment.


The Debriefing: The Atlanta Falcons are Probably Having a Worse Week ...

The Debriefing is a column that runs every weekday at 9:00 a.m. here on FanHouse. It goes deep into one issue and then bounces around to a plethora of smaller ones ... and does it all in a way that will make you feel like the prettiest girl at the cotillion. Bookmark this page, and visit daily. .


The Debriefing: The Atlanta Falcons are Probably Having a Worse Week ...

The Debriefing is a column that runs every weekday at 9:00 a.m. here on FanHouse. It goes deep into one issue and then bounces around to a plethora of smaller ones ... and does it all in a way that will make you feel like the prettiest girl at the cotillion. Bookmark this page, and visit daily. .


Holmes of Steel Curtain dies

RAMS OWNERS DIES Georgia Frontiere, the St. Louis native who became a hometown hero when she brought the NFL's Rams from Los Angeles in 1995, died Friday. She was 80.

Frontiere had been hospitalized for breast cancer for several months, the Rams said in a statement posted on their Web site.

"Our mom was dedicated to being more than the owner of a football team," daughter Lucia Rodriguez and son Chip Rosenbloom said in the statement.

"She loved the Rams' players, coaches, and staff. The warmth and generosity she exuded will never be forgotten."

The one-time nightclub singer was married seven times, starting at age 15. Her sixth husband, Carroll Rosenbloom, owned the Los Angeles Rams at the time of his drowning death in 1979.

The Rams moved twice under Frontiere's leadership, first relocating from the historic Los Angeles Memorial Coliseum in 1980 to Anaheim, 35 miles away.



 

 

 

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