The list, which ranks U.S. companies by total yearly revenue, includes 53 firms whose headquarters are in the Golden State — a total that’s second only to New York’s 54. (The list of 500 companies is compiled by looking at results reported by publicly traded firms, as well as from the privately traded ones that file financial statements with a government agency.)
Los Angeles County’s homeless population has soared 23% over last year despite increasing success in placing people in housing, according to the latest annual count released Wednesday.
But top economists now are pointing to another explanation. Women seem to be leaving the workforce for some of the same reasons men are: Middle-class jobs are in short supply and working at the bottom pays less than it used to. Single women without children drove most of the downturn in women’s workforce participation from 1999 through 2007, according to a study by Professor Robert Moffitt of Johns Hopkins University. Those women don’t have to care for a child and they aren’t counting on a partner to provide for them. They are, Moffitt said, “the same as a lot of men … even though it sounds a little strange to make that analogy.” They’re also staring down the same long odds as men who lost their footing in an economy in which low-skill jobs that pay well have all been shipped abroad or obliterated by technology.
With questions mounting about the legal justification for omitting some $22 billion in expenses from California's long-standing spending cap, Gov. Jerry Brown's administration dropped the plan Thursday while promising to work on the issue again later this year.
Lawmakers from both sides of the aisle raised concerns Tuesday that Gov. Jerry Brown’s state budget plan relies on a faulty calculation of a spending limit imposed by voters in 1979.
. . . An April 28 opinion from the legislative counsel of California, released publicly Tuesday, said that certain appropriations that Brown's budget looks to exclude from the spending limit "must be included" per the language that voters placed in the California Constitution.