Fresno County is projected to need 6.1 million tons of aggregate yearly to meet the need for concrete and asphalt, according to estimates from mining company CEMEX Construction. A four-year extension from Fresno County keeps alive one of only three mining operations in the area essential for road repair and...
New Bitwise Lawsuit Alleges ‘Ponzi’ Scheme. What Happened in Fresno Court?
A new lawsuit from a Bitwise Industries lender alleges the company's business plan was a Ponzi scheme with the intent to defraud investors. It now wants its money back and more in damages. Filed by the Chowchilla-based business Agri Capital, the Fresno County Superior Court lawsuit alleges Bitwise "was nothing...
New Bitwise Lawsuit Alleges ‘Ponzi’ Scheme. What Happened in Fresno Court?
A new lawsuit from a Bitwise Industries lender alleges the company's business plan was a Ponzi scheme with the intent to defraud investors. It now wants its money back and more in damages. Filed by the Chowchilla-based business Agri Capital, the Fresno County Superior Court lawsuit alleges Bitwise "was nothing...
Bitwise Fires Employees. Another Email Threatens Workers.
Bitwise Industries officially fired its reported 900 employees in an email Wednesday morning. "On behalf of Bitwise Industries, Inc. (Bitwise), we regret to inform you that your position will be eliminated Wednesday, June 14, 2023," interim president Ollen Douglass wrote in a message sent around 10:30 a.m. Pacific Time. The...
Bitwise Fires Employees. Another Email Threatens Workers.
Bitwise Industries officially fired its reported 900 employees in an email Wednesday morning. "On behalf of Bitwise Industries, Inc. (Bitwise), we regret to inform you that your position will be eliminated Wednesday, June 14, 2023," interim president Ollen Douglass wrote in a message sent around 10:30 a.m. Pacific Time. The...
River Water Seeps Into Firebaugh Basements, Destroys Crops
The surging San Joaquin River is proving to be another tough water management problem. The raging waters from this year’s historic rain and snowpack are seeping through levees, destroying crops and threatening the city of Firebaugh. The small city of Firebaugh in Fresno County sits right up against the river....
River Water Seeps Into Firebaugh Basements, Destroys Crops
The surging San Joaquin River is proving to be another tough water management problem. The raging waters from this year’s historic rain and snowpack are seeping through levees, destroying crops and threatening the city of Firebaugh. The small city of Firebaugh in Fresno County sits right up against the river....
Fresno Council Pitches Nearly 100 Changes to Mayor’s $1.8B Spending Plan
For four days last week, the Fresno City Council met in marathon sessions — more than 26 hours total — to shape the $1.8 billion budget. They heard from every department, each presenting how money will be spent. Along the way, the councilmembers proposed 96 motions on new way to...
Fresno Council Pitches Nearly 100 Changes to Mayor’s $1.8B Spending Plan
For four days last week, the Fresno City Council met in marathon sessions — more than 26 hours total — to shape the $1.8 billion budget. They heard from every department, each presenting how money will be spent. Along the way, the councilmembers proposed 96 motions on new way to...
Fresno Mayor on Bitwise Layoffs: ‘Very Evil … Calloused Act.’ Job Fair for Employees.
Fresno Mayor Jerry Dyer had harsh words for the former leaders of a Fresno company that effectively laid off a reported 900 employees nationwide. Bitwise Industries has been a virtual ghost since the May 29 announcement that all employees were "furloughed." A lawsuit on behalf of employees alleges they were...