Business – Martinez Tribune https://martineztribune.com The website of the Martinez Tribune. Fri, 08 Jul 2016 17:29:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Build-Tek celebrates Grand Opening … https://martineztribune.com/2016/07/08/build-tek-celebrates-grand-opening/ Fri, 08 Jul 2016 17:29:48 +0000 https://martineztribune.com/?p=4618 New concrete and framing supply business Build-Tek Inc., located at 55 Howe Road, Martinez, celebrated their Grand Opening Friday, June 24, 2016. The event featured door prizes, food, a raffle, vendor booths and a ribbon cutting (pictured above). (JOHN GRUBKA / Courtesy)

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New concrete and framing supply business Build-Tek Inc., located at 55 Howe Road, Martinez, celebrated their Grand Opening Friday, June 24, 2016. The event featured door prizes, food, a raffle, vendor booths and a ribbon cutting (pictured above). (JOHN GRUBKA / Courtesy)

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Jamba Juice opens first location in Martinez https://martineztribune.com/2016/01/29/jamba-juice-opens-first-location-in-martinez/ Fri, 29 Jan 2016 22:33:48 +0000 https://martineztribune.com/?p=3140 Leading health & wellness brand continues expansion in Contra Costa County Offering freshly made fruit juices, signature smoothies and better-for-you food options, Jamba Juice is expanding in Contra Costa County, and opening a new store in the community of Martinez. The new store is the first Jamba Juice in Martinez, and is located at the …

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Leading health & wellness brand continues expansion in Contra Costa County

Offering freshly made fruit juices, signature smoothies and better-for-you food options, Jamba Juice is expanding in Contra Costa County, and opening a new store in the community of Martinez. The new store is the first Jamba Juice in Martinez, and is located at the Arnold Retail Center, 1045 Arnold Drive.

The location is owned by franchise group Blended Star NorCal, Inc., which owns and operates 12 additional Jamba Juice locations in the Bay Area.

“We are excited to bring the goodness of Jamba Juice’s nutritious and delicious offerings to Martinez. We hope it will help inspire its residents to continue to seek healthy and active living, and better-for-you choices when dining out,” said franchise partner Tara Lindstrom of Blended Star NorCal, Inc. “Jamba Juice is committed to being an engaged partner with the community, and we are excited to work with local schools and other organizations to support Martinez in any way we can.”

The opening continues Jamba Juice’s tradition of providing a wide variety of nutritious and freshly prepared menu selections that are wholesome and healthy. The Jamba Juice menu offers beverage choices for every palette and taste, with strong roots in their hallmark freshly squeezed juices, made to order with whole food ingredients. Jamba Juice’s signature Smoothies are blended masterpieces made with real fruit. But Jamba isn’t just about beverages – guests can also enjoy Jamba’s steel-cut oatmeal, egg-white breakfast wraps, flatbreads, and Energy Bowls.

Hours of operation for the new Martinez store are:
Monday-Thursday 7 a.m. to 9 p.m.
Friday-Saturday 7 a.m. to 9:30 p.m.
Sunday 7 a.m. to 8 p.m.

About Jamba Juice Company
Founded in 1990, Jamba, Inc. is a leading restaurant retailer of better-for-you, specialty beverage and food offerings, which include great tasting, whole fruit smoothies, fresh squeezed juices and juice blends, hot teas, and a variety of food items including hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads™, baked goods, and snacks. As of Sept. 29, 2015, there were 884 Jamba® stores system-wide in the United States, of which 790 are franchise-operated stores, and 94 are Company-owned. Jamba is a proud sponsor of “Team Up for a Healthy America” in the fight against childhood obesity and encourages fans to join the Team Up community of celebrities, athletes, and other leaders committed to getting kids active and involved at www.myhealthpledge.com. Fans of Jamba Juice can find out more about Jamba Juice’s locations as well as specific offerings and promotions by visiting the Jamba Juice website at www.JambaJuice.com or by contacting Jamba’s Guest Services team at 1-866-4R-FRUIT (473-7848).

Blended Star NSO Ad 1-7-16

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Highlighting Philanthropy: Waters Moving & Storage https://martineztribune.com/2015/11/18/highlighting-philanthropy-waters-moving-storage/ Wed, 18 Nov 2015 18:11:02 +0000 https://martineztribune.com/?p=2460 By MARK ORCUTT Waters Moving and Storage in Martinez, owned by Ken and Paulette Waters, has a long history of philanthropy and community service. During their 40-year history, they have donated everything from moving services to the use of their location to assist all types of nonprofits in their endeavors. They have shared their storage …

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Paulette and Ken Waters (center) receive awards at the 5th annual Philanthropy Awards breakfast held at Blackhawk Museum Thursday, Nov. 12. The Waters, known for their long history of philanthropic donations, were presented their awards and certificates by Andrew Sabey, Chair of the East Bay Leadership Council (far left) and Kristin Connelly, President and CEO of the East Bay Leadership Council (far right). (MARK ORCUTT / Courtesy)
Paulette and Ken Waters (center) receive an award at the 5th annual Philanthropy Awards breakfast held at Blackhawk Museum Thursday, Nov. 12. The Waters, known for their long history of philanthropic donations, were presented their awards and certificates by Andrew Sabey, Chair of the East Bay Leadership Council (far left) and Kristin Connelly, President and CEO of the East Bay Leadership Council (far right). (MARK ORCUTT / Courtesy)

By MARK ORCUTT

Waters Moving and Storage in Martinez, owned by Ken and Paulette Waters, has a long history of philanthropy and community service. During their 40-year history, they have donated everything from moving services to the use of their location to assist all types of nonprofits in their endeavors.

They have shared their storage and distribution space with the Food Bank of Contra Costa and Solano in their sapling years, donated tote boxes to Tesoro’s food drive, sponsored countless youth sports teams, provided museum quality storage space to local historical societies, and moving services to Diablo Regional Arts Association. Waters Moving and Storage even takes on the delicate task of moving the sets for the performance of “A Christmas Carol” every holiday season from the theater’s storage facility to the Lesher Center for the Arts and back again.

As parents of five sons, three of whom have served in the armed forces, the Waters again donated boxes for the United States Marine Corp to use for their annual food drive. They also organized and developed the September 11th dedication monument and flag at the Amtrak station in Martinez and replaced numerous flags in the Contra Costa region.

Waters Moving and Storage have also invited nonprofits to use their warehouse space for activities. When the California Symphony was in dire need of a place large enough for the entire orchestra to rehearse, the Waters offered their location which proved to have surprisingly exceptional acoustics.

Waters Moving and Storage under the leadership of Ken and Paulette Waters enriches the lives of East Bay residents with their creative approach to philanthropy and decades of supporting organizations in need of a helping hand.

This article originally appeared on the website of the East Bay Leadership Council, and is reprinted here with permission.

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Greece’s woes, and what they mean for U.S. investors https://martineztribune.com/2015/07/13/greeces-woes-and-what-they-mean-for-u-s-investors/ Mon, 13 Jul 2015 20:20:43 +0000 https://martineztribune.com/?p=530 By JILL SCHLESINGER Tribune Content Agency After Greek citizens voted no to more austerity on July 5, the two most frequently asked questions that I fielded were: What’s next? And what should investors do? Five years ago, the European Central Bank (ECB), the European Commission (EC) and the International Monetary Fund (IMF) funneled billions into …

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By JILL SCHLESINGER
Tribune Content Agency

After Greek citizens voted no to more austerity on July 5, the two most frequently asked questions that I fielded were: What’s next? And what should investors do?

Five years ago, the European Central Bank (ECB), the European Commission (EC) and the International Monetary Fund (IMF) funneled billions into Greece – not out of the kindness of their hearts but rather to provide a backdoor bailout to its own financial institutions, which had lent Greece gobs of money over the previous decade. If Greece had defaulted then, it could have taken down the entire European banking system.

Five years later, with banks back on their feet and the European economy strengthening, Euro group leaders assumed a tougher negotiation stance on the restructuring of Greek debt. In order to unlock about $8 billion of much needed rescue funds, Europeans said that Greece must agree to more taxes and an increase in employee pension contributions (“austerity”).

Greece’s Prime Minister Alexis Tsipras called for a national referendum, where Greek citizens voted on the euro group’s demands, which he believed were draconian. The ECB subsequently turned off the spigots, leaving Greece without a lifeline and forced the closure of banks and the imposition of capital controls, limiting Greek citizens to withdrawals of $67 per day. Not surprisingly, the country missed a $1.73 billion payment to the IMF, putting it into a dubious club that includes Cuba, Zimbabwe and Somalia.

When Greeks overwhelming voted no on the referendum (61.3 percent), it armed Tsipras with a mandate. The result confirmed the widespread feeling in Greece that austerity has gravely hurt the nation’s economy (GDP has contracted by 25 percent in the past five years) and caused widespread suffering (25 percent unemployment overall and 50 percent for young Greeks). Greeks may want to stay in the euro zone, but they want a more humane deal.

Now both sides return to the drawing board, trying to regain lost trust. The first step may have been the resignation of controversial Finance Minister Yanis Varoufakis, after Europeans indicated “a preference for his absence” when new negotiations begin.

But the hard work lies ahead. The Euro group’s total outstanding loan balance to Greece is $270 billion, a large chunk of which is keeping the Greek banking system afloat and the rest is in the form of longer-term Greek bonds, which require a $3.9 billion installment on July 20.

If Greece misses that deadline, it would be in full-fledged default and the ECB would be hamstrung by its own rules: It can only lend to banks that are solvent, and it’s hard to say that Greek banks are solvent if the government is not paying its bills. Without access to more money, Greece would have to issue temporary IOU’s to its creditors. Ultimately, it may be forced to create a new currency, which would mean a widespread devaluation of whatever money is left in the Greek banking system and a lot more suffering for Greeks.

While a deal between Greece and its creditors may finally emerge, it would likely just kick the can down the road. Economists say the real solution is simple, but not easy: The Europeans must admit that they will never get all of their money back and write down the loans by half. Doing so will allow Greece to emerge from the crisis on firmer footing. The alternative would be a Greek exit from the euro zone and a 100 percent write down.

So, given this grim scenario, what should investors do?

Sit still and do nothing. Be disciplined and stick to your game plan and don’t try to guess the next move up or down in the markets. In fact, if you are still contributing to your retirement account, you should be rooting for a further sell-off so you can buy shares at lower levels! If you are retired, you were hopefully wise enough to create a balanced portfolio that limits market volatility.

Contact Jill Schlesinger, senior business analyst for CBS News, at askjill@JillonMoney.com.

(c) 2015 Jill Schlesinger Distributed by TRIBUNE CONTENT AGENCY, LLC

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