10/28/2020

News

Orange County, Long a Toll-Road Supporter, Makes U-turn Over 405 Plan

A $1.47-billion proposal to add toll lanes to a traffic-clogged 14-mile stretch of the 405 Freeway from Long Beach to Costa Mesa has met with wide opposition from officials and residents in the six cities along the route. Civic leaders said they fear the plan could be a harbinger of more toll roads to come.

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Pressures Mount On California Ports

California’s 11 ports, from Humboldt Bay in the north to San Diego in the south, generate more than $40 billion in annual economic activity. They create hundreds of thousands of jobs dockside as well as inland where cargo is loaded onto trucks or trains for delivery across North America, mainly to Mid-West hubs like Chicago and St. Louis.

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Amazon Up to 1,400 Employees, to Hold Grand Opening Tuesday

In October 2012, a city reeling from its recent bankruptcy filing saw a glimmer of hope in Amazon’s announcement that it had opened a distribution center and had hired 700 people.

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California Export Trade Surges in August

California export trade figures for August, delayed 16 days due to the federal government shutdown, showed a significant late-summer surge.

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Some Truckers Halt Work at Port of Oakland

Truckers at the Port of Oakland refused to work Monday to protest what they called unfair labor practices and unsafe working conditions.

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California-China Trade and Investment Office Hires Diane Long as Executive Officer

SHANGHAI, CHINA – Positioning California to attract a growing share of China’s massive foreign investment pool and bolstering California-China trade, Governor Edmund G. Brown Jr., the Bay Area Council and the Governor’s Office of Business and Economic Development (GO-Biz) today announced the hiring of Diane Long as the Executive Director of the new California-China Office of Trade and Investment.

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California Toll Road Risks Biggest Default Since Detroit

The Foothill-Eastern Transportation Corridor Agency, which operates 39 miles (63 kilometers) of toll highways in Orange County, risks default on $2.4 billion in debt, a consultant to California Treasurer Bill Lockyer’s Debt and Investment Advisory Commission said in July. The county itself filed for protection in 1994, the biggest U.S. municipal bankruptcy at the time, after losing about $1.7 billion on derivatives.

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Edison to Lay Off 730 at San Onofre

Company: Edison CoCA Net Job Gain/Loss: -730Reason: LayoffCity/Region Losing Jobs: San Clemente, CA

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Angelea Merkel’s “Green Revolution” Risks Becoming a Victim of its Own Success

Seduced by generous subsidies, Germans are embracing the ambitious project with such fervor – installing solar panels on church roofs and converting sewage into heat – that instead of benefiting from a rise in green energy, they are straining under the subsidies’ cost and from surcharges.

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California’s Food Court: Where Lawyers Never Go Hungry

Over the past 18 months, a group of plaintiffs’ lawyers who got rich suing the tobacco industry have turned their litigious attention to what they hope will be the next big thing: challenges to healthy-sounding food labels they allege are misleading. Hailing from across the U.S., the lawyers decided to sue in federal courts in Northern California, where the consumer-protection laws are expansive and the jury pool nutrition-conscious.

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Why the US Power Grid’s Days are Numbered

That’s the opinion of David Crane, chief executive officer of NRG Energy, a wholesale power company based in Princeton, N.J. What’s afoot is a confluence of green energy and computer technology, deregulation, cheap natural gas, and political pressure that, as Crane starkly frames it, poses “a mortal threat to the existing utility system.” He says that in about the time it has taken cell phones to supplant land lines in most U.S. homes, the grid will become increasingly irrelevant as customers move toward decentralized homegrown green energy.

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California’s Food Court: Where Lawyers Never Go Hungry

Over the past 18 months, a group of plaintiffs’ lawyers who got rich suing the tobacco industry have turned their litigious attention to what they hope will be the next big thing: challenges to healthy-sounding food labels they allege are misleading. Hailing from across the U.S., the lawyers decided to sue in federal courts in Northern California, where the consumer-protection laws are expansive and the jury pool nutrition-conscious.

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Port of Oakland Bets on Big Changes to Steer Global Commerce to Bay Area

The Port of Oakland wants to reroute that trip, and is battling powerful rivals in a competition for precious goods. Its leaders have rolled the dice on a bold, $1.2 billion solution: turn the old Oakland Army Base into an ultra-efficient port that links ships directly to trains, reducing truck traffic, expanding the port’s cargo business and securing the Bay Area’s role in the 21st-century global shipping economy.

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Amazon Plans to Hire for 150 More Jobs in San Bernardino

Company: Amazon.com Inc.CA Net Job Gain/Loss: 150Reason: Expand, From Out of StateCity/Region Losing Jobs: Seattle, WACity/Region Gaining Jobs: San Bernardino, CA

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Did Regulation Cause Drop in California Energy Consumption

Electricity consumption per capita in California stopped increasing in the 1970s, around the same time policymakers had also enacted stricter energy-efficiency policies, such as mandates on buildings and appliances. As electricity consumption continued to rise in other states, regulation advocates hailed California as a role model for the rest of the nation. But according to an economist at Georgetown University, California’s savings are largely due to other long-run trends.

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