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Legislation to reduce financial impact of climate change gains support

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Legislation introduced by U.S. Sen. Diane Feinstein (D-CA) and U.S. Rep. Sean Casten (D-IL) earlier this month that seeks to mitigate risks from climate change within the financial system has gained support from a coalition of financial organizations.

The Addressing Climate Financial Risk Act, S. 588/H.R. 1549, would establish an advisory committee on climate financial risk within the Financial Stability Oversight Council (FSOC). The committee would consist of experts in climate science, climate economics and climate financial risk.

The committee would advise FSOC on how to improve the ability of the U.S. financial regulatory system to identify and mitigate climate risk. In addition, it would require federal bank and credit union regulatory agencies to update their supervisory guidance to include climate risk and develop a strategy to identify and mitigate climate financial risk.

“Our bill draws broad support because it’s becoming increasingly clear that climate change poses a serious threat to our financial system,” Feinstein said. “Reducing our carbon emissions is the best way to reduce that threat, but as 

Continue Reading on Financialregnews

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How Stanislaus’ $832 million in COVID relief helped the county’s smallest businesses

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Leave it to a global pandemic to test the limits of the saying “Every little bit helps.”

Last spring, as the Central Valley and the entire nation reeled from the COVID-19 pandemic, relief money began to flood into the area from the federal government. The much lauded, and also maligned, Paycheck Protection Program began doling out forgivable loans of up to $10 million dollars to businesses small and not-so-small across the region.

But the data on the smaller businesses — those receiving less than $150,000 from the Treasury Department-supported program — was not released until late last year. The more complete release of PPP information paints a clearer picture of who got what in Modesto and across the valley.

With loans ranging from a few hundred dollars to a few million, the program has given out a total of more than $832 million to Stanislaus County businesses, according to data from the Small Business Administration that has been reviewed by The Bee.

Continue Reading on Modesto Bee

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Dust Bowl Brewing Co. Signs with Coast Beverage in San Diego, CA

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Turlock, Calif. — Dust Bowl Brewing Co. expands its Southern California distribution with the addition of Coast Beverage to its wholesaler network. Based in San Diego, Coast Beverage will service San Diego and Imperial Counties, and parts of Riverside County. The distributor specializes in craft beers, FMBs, non-alcoholic beverages and snack foods.

Coast Beverage will focus on Dust Bowl’s year-round leaders, including Therapist Imperial IPA, Confused Therapist Hazy Imperial IPA, Peace, Love & Haze Hazy IPA, Hops of Wrath IPA, Tomorrow’s Clear West Coast IPA, Taco Truck Lager and some occasional limited releases. Consumers can expect to see Dust Bowl on shelves in the new territory in April.

“We’re excited to expand our footprint of distribution in Southern California, especially in a region known for its huge craft beer fan base,” comments Marc Jalbert, Director of Sales and Marketing, Dust Bowl Brewing Co. “The addition of Coast Beverage essentially fills out California for us, which has been a goal for Dust Bowl. As the state opens back up, the timing could not be more ideal. We’re eager to work with Coast Beverage who has a proven track record of building independent craft brands in new markets.”

Continue Reading on Brew Bound

Pitman alum serves up fresh burgers

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Pitman High School alum Mishael Moran was working as part of Sacramento’s food scene when COVID-19 changed life as we know it. When the pandemic caused his hours to be cut, he decided to move back to Turlock and become his own boss.

Moran opened his own catering company and portable food kitchen, Flip N Fry, last week, utilizing his knowledge of the restaurant industry to create a business which values quality over convenience. At Flip N Fry, Moran and his family-turned-coworkers grind their own beef for burgers and breads their own chicken for sandwiches — something Moran believes sets them apart from other lunch spots in town.

“Nothing is ever frozen. We make sure it’s fresh,” Moran said. “We’re trying to offer something you would find at a barbecue, taking things you would find at a burger joint and trying to upscale them. It’s nothing like other things you see around here.”

One of those unique items is Moran’s loaded fries, which can be topped with buffalo chicken, carne asada or even a fried egg, depending on the customer’s preference.

Continue Reading on Turlock Journal

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Plans for second Dutch Bros spark ire from neighboring cafe

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Dutch Bros Coffee is hoping to open a second Turlock location after submitting plans to the City last month, but not everyone in town is excited. 

Turlock’s first Dutch Bros location opened last September across the street from Stanislaus State and has been busy ever since. Now, the company is looking to add to its Turlock success with a double drive-through location in the Turlock Town Center. When Mundo’s Latin Grill eventually moves to another space within the shopping center, Dutch Bros hopes to take over the restaurant’s building and cater to even more coffee connoisseurs.

For the family-owned coffee shop Alison’s Cafe House, located just down the road at 219 W. Canal Dr., the news was like déjà vu. Last October, the small business spearheaded an online petition after they realized a Starbucks would be built across the street from them and worried about going out of business. Although the petition to stop the Starbucks’ construction received over 2,500 signatures, the effort came well after the City’s deadline to appeal the project. 

Now, Emita Paris of Alison’s Cafe House is wondering if the coffee shop will be able to survive twice the competition. Since the first Dutch Bros location opened, she said her family’s business has lost half of its revenue despite the competition being located across town.

Continue Reading on Turlock Journal

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‘We’re A Dying Breed’: East Sac Hardware Store Closes Up Shop

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EAST SACRAMENTO (CBS13) – Soroush Rahimian cleared out his basket and checked out one last time at the East Sac Hardware Store, which is closing up shop for good Sunday.

“It’s been nice to not have to go to the big box stores when you need something quick and convenient,” Rahimian said.

Fast, easy, and one-stop shopping, Rahimian got everything from electrical supplies to replace switches to toys for his kids, but not anymore. Yet, another it’s the next in a long line of small businesses that didn’t survive the pandemic.

“The time has come, we don’t have family that wants to take it over,” said owner Sheree Johnston. “A lot of things, COVID has been a problem.”

Johnston has run the neighborhood store for decades, hanging on even when Home Depot moved in around the corner in 2000, when the recession hit in 2008, and they never missed a day of service when COVID-19 hit.

Continue Reading on CBS 13

Ace Hardware coming to vacant storefront in Livermore

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Livermore will again have a midsize hardware store in town as a new Ace Hardware location is set to open this spring, replacing the Orchard Supply that closed in 2018 and has remained empty until now.

Renovation of the building located at 1450 First St. is currently underway with a soft-opening set for April 16, according to the store's general manager Eric Evensen, who also managed the store when it was Orchard Supply.

Kansas-based company Westlake Ace Hardware has been expanding throughout California since 2019, opening 12 stores in the state formerly occupied by Orchard Supply in Chico, Fresno, La Crescenta, Mountain View, Pinole, South Pasadena, Thousand Oaks, Turlock, Van Nuys, West Los Angeles, Woodland and now Livermore.

Evensen, who has been running the Pinole Ace location since Orchard Supply closed, said that returning to Livermore feels like a full circle moment.

"When I closed this building down, I knew there were some things going on behind the scenes -- some spinoff companies and so on -- and I was kind of like General (Douglas) MacArthur saying, 'I shall return!' But it was tough closing this building down with a great crew, great community, great town, very well received, very well liked by the town, so it hurt -- especially after 32 years with the company -- but it hurt this being my last store," he said.

Continue Reading on Pleasanton Weekly

Ranch of Horror sends in the clowns for a twist on Valentine’s Day grams

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TURLOCK, Calif. — Chocolate, hearts, flowers — some things are synonymous with Valentine's Day. 

Scary clowns are not one of those things. 

Nevertheless, Turlock-based Ranch of Horror is taking the holiday of hearts in another direction by offering Valentine's Day grams delivered by a creepy clown.

"We started doing Valentine grams last year...we kind of started it as a joke," Heather May, coordinator with Ranch of Horror, said.

The Central Valley haunted attraction wanted to provide an opportunity for their cast members to work during its off season, and figured that something fun and off-beat like the Valentine's grams would be a good jumping off point. 

"We were just like, 'let's see how many people we can' get thinking it would be just a little extra something for the characters, and it just exploded and took off," May said.

Continue Reading on ABC 10

Popeyes opens to hungry customers, long lines

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Several years after the restaurant was first rumored to be headed to Turlock, Popeyes Louisiana Kitchen opened its doors in the Turlock Town Center this month. 

Popeyes was originally slated to build a drive-thru location on the corner of Countryside Drive and Tuolumne Road in 2018 next to Farmer Boys, but backed out of those plans and instead settled for a location across town. Located in the Turlock Town Center near Jura’s Pizza Parlor, Popeyes began interior improvements to its current building in the spring of 2020 and opened last weekend to a frenzy of excited customers.

Through various social media posts, Popeyes customers have shared on pages like Turlock To Go on Facebook a wait time of over an hour on some days, with the drive-thru line snaking out of the center, onto Canal Drive and over the train tracks. The wait all depends on what time of day you hop in line and how many others had the same idea as you, of course, but General Manager Vanessa Balero said the newly-assembled Popeyes team is doing all they can to keep up with demand.

Continue Reading on Turlock Journal

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Downtown Riverbank Coffee Shop Shows Progress

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What does one do when COVID restrictions have your primary interest virtually locked down? Well, if you’re Riverbank High School head varsity football coach, you can open a coffee shop in downtown Riverbank.

That’s just what Coach Anthony Buich is working on, a shop called Coffee Bruin, to be opened on Santa Fe Street, between Third and Fourth streets. It’ll be at 3310 Santa Fe, right next to Get Toasted, and across the street from Pizza Plus.

Buich said he’s hoping to finish up, get inspections passed, and open by the end of February.

In the meantime, he’s been working at the shop, where the new coffee bar is beginning to take shape. This past week, he was working on stripping down the concrete floor, getting it ready to refinish.

There’ll be several stations at the bar, featuring coffee brewing styles like latte, cappuccino and espresso.

Since last May, Buich and his wife Tayler have been filling orders for coffee, taken via their Facebook page, for raw coffee beans, either plain or ground before delivery. And they’ve been able to serve an area from Turlock to Oakdale, delivering the orders themselves.

Continue Reading on Riverbank News

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