Business & Economy

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Business & Economy
11:23 am
Tue February 12, 2013

Fresno's Twee Boutique To Close

A downtown Fresno gift store that specializes in handmade and "indie" arts and craft products is set to close.

Store owner Melanie Davis announced that she plans to shut down retail operation on the boutique's Facebook page Tuesday morning. She says the shop will stay open through the end of March:

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Development Watch
4:28 pm
Thu February 7, 2013

10-Story Office Tower Gets Initial OK For Fresno's River Park

Drivers along Highway 41 may soon see a major new addition to the Fresno skyline, as the city's planning commission last night approved plans for a 10-story tower at Friant Road and Highway 41. 

The 234,000 square foot office tower from Fresno developer DeWayne Zinkin is expected to cover 12 acres, and will rise to a height of 150 feet. It is planned for a site just to the east of Highway 41, and north of Friant Road.

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Agriculture
6:21 pm
Fri January 11, 2013

Possible Hard Freeze Threatens Citrus Industry, Mandarins At Risk

Credit Joe Moore / Valley Public Radio
Citrus groves near Orange Cove will endure as many as 12 hours of below freezing temperatures tonight, according to weather forecasters. (file photo)

Update: Saturday, 8:45 AM: Unexpected cloud cover late Friday and early Saturday kept temperatures slightly higher than forecast, enough to prevent damage to most commercially grown fruit. Lows in most places were in the upper 20's. Forecasts call for more extreme cold over the weekend.  ORIGINAL REPORT:

Valley citrus growers are in for a long night tonight, as what is expected to be the coldest evening of the year threatens to damage the region's citrus crop, with the most popular new variety, the mandarin orange,  most at risk.

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Business & Economy
12:06 pm
Wed January 9, 2013

Fresno's Guarantee Real Estate Acquired By Berkshire Hathaway Company

A company controlled by billionaire investor Warren Buffett announced today it has acquired Fresno-based brokerage firm Guarantee Real Estate. The terms of the deal were not released.

Guarantee will now be a division of Minneapolis-based Home Services of America, Inc., which is affiliated with Buffet's firm Berkshire Hathaway.

Guarantee was one of Central California's largest real estate brokerage firms, with over 400 employees in 13 offices. In 2011, the company handled transactions for over 3,700 units, totaling over $600 million.

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