Business & Economy

Business news

Joe Moore / Valley Public Radio

The U.S. Supreme Court is ruling in favor of a Fresno raisin farmer that it is unconstitutional for a government-backed agricultural board to claim control of a third of his crop.

The ruling is a blow against a program that authorizes growers to join together to prop up market prices.

The justices say the scheme violates the Fifth Amendment by allowing the government to take the raisins without providing just compensation. The court ruled that, just like land, raisin growers must be compensated for any product taken by the government.

From Oranges to Grapes, California Drought Changes What's Grown

Jun 18, 2015
Joe Moore / Valley Public Radio

Water scarcity is driving farmers to plant different crops. Growers are switching to more profitable -- less thirsty fruits, vegetables and nuts.

Nowhere is this more true than San Diego County where the water prices are some of the highest in the state.

Billowing orange and grapefruit trees shade Triple B Ranches winery and vineyard near Escondido. The rural setting is quaint and bucolic. The tasting room is a converted kitchen festooned with country knickknacks.

17th Place Townhomes

Downtown Bakersfield is about to get another new housing development. Officials including Mayor Harvey Hall are celebrating the groundbreaking of the 17th Place Townhomes. 

Project manager Austin Smith says the 3 story,  44-unit complex is the first market rate luxury housing development in downtown Bakersfield in years. 

Joe Moore / Valley Public Radio

The National Park Service announced Wednesday that Yosemite Hospitality, LLC, a subsidiary of Aramark, will receive a 15-year contract for visitor services in the park. Park officials say the deal is valued at $2 billion in gross revenues over the life of the contract. 

Park spokesperson Scott Gediman says while changes in concessions are common in other national parks, this deal is unique.

Gediman: "This is the largest single concession operation in the National Park System."

Mercy for Animals

An animal welfare group has released what it claims is disturbing video of mistreatment of animals at a central valley slaughter house and chicken farm.

The group, Mercy for Animals, used undercover investigators to film the treatment of chickens at two Foster Farms chicken farms and a slaughterhouse in Fresno County.

What they found, says Matt Rice with Mercy for Animals, is horrific abuse of the chickens at both the farm and the slaughter house.

Ezra David Romero / Valley Public Radio

It’s been nearly six months since officials held a ceremonial groundbreaking for California’s high speed rail project in Fresno. But as Valley Public Radio’s Ezra David Romero reports construction crews Tuesday started building the project’s first bridge in Madera.

After months of underground work, it’s the obvious sign of construction on California’s $68-billion bullet train project.  Over the next eight to 10 months crews will assemble the viaduct over the Fresno River and Highway 145.

New Growing Technique Could Save Drought Stricken Avocado Farmers

Jun 9, 2015
Lesley McClurg / Capital Public Radio

Farmers are being widely criticized during the California drought because of agriculture's water use, but some farmers are cutting back by employing new techniques. Lesley McClurg visited an avocado grower who is using half as much water to yield twice as much fruit. 


It wasn’t long ago that avocados were a luxury crop, but the fruit’s popularity has soared in recent years… demonstrated by the sandwich chain Subway.

For the last several years the featured sub has included avocados.

Joe Moore / Valley Public Radio

Fresno’s Fig Garden Village Shopping Center has a new owner today. New York-based Rouse Properties has announced that it has purchased the outdoor mall for just over $106 million.

In a prepared statement company CEO Andrew Silberfein said the corporation sees  “significant value creation opportunities” at the center and plans to add “more powerful and productive retailers” in the future.

Smart & Final website

Just one day after grocery store Savemart announced it would close its Clinton and Blackstone Avenue location in Fresno…a new grocery store tenant is on the way.

During her state of the city address today, Mayor Ashley Swearengin confirmed that Smart and Final will take over the Blackstone location when Savemart closes.

“In fact, our words of encouragement to not give up are proving to be quite wise. Because I am pleased to tell you that Smart and Final has signed a lease to take over the Savemart store at Blackstone and Clinton,” Sweargein said.

Lofts on 18th

A plan for a new apartment building in downtown Bakersfield has sparked a controversy among area neighbors, and debate over the future of infill development in the area.

Tonight, the Bakersfield City Council will hear an appeal from a group that hopes to stop the project, which was approved by the city's Board of Zoning Adjustment earlier this year. The group says the project is too big, doesn't have enough parking, and will clash with the other buildings in the area, some of which date to the early 1900's.