Electricity bills are rising for small businesses as well as commercial and industrial utility customers, as San Diego Gas & Electric shifts the way it pays for low-income subsidies. Residential customers, meanwhile, will save.
What’s happening on the red carpet mirrors what’s happening on film sets and TV soundstages. New York had a record number of film and TV projects last year and is on track to do the same in 2014, state officials say. Credit goes to generous financial incentives, experienced crews that rival Hollywood’s best and friendly (some might say star-struck) politicians.
A CalPERS report intended for policymakers, noting that a reform cuts $435 a month from the pensions of many new hires, suggests that a pay raise may be needed to “compete for quality employees.”
What California should be doing is curing the disease by reforming the tax system, stabilizing it and ridding us of the volatility. Broaden the tax base and bank less on the rich, whose incomes fluctuate wildly during periods of boom and bust.
The revival of California’s economy and a rising housing market mean some hefty property tax increases for homeowners, the Legislature’s budget analyst believes.
There were 25,198 units of housing permitted in Los Angeles and Orange Counties, according to figures out Thursday from the Census Bureau. That’s up from about 17,500 in 2012 and triple the amount seen at the bottom of the housing market in 2009. But it’s still behind the 30,000-plus pace seen in the housing heyday of the mid-2000s.
California has the nation’s highest rate of poverty — nearly a quarter of its 38 million residents — under an alternative calculation devised by the Census Bureau that takes the cost of living into account.
Governor Jerry Brown’s California comeback tour was rudely interrupted this week by news that Torrance-based Toyota is moving to Plano, Texas. The runaway car maker shines a headlight on how the South is overtaking California as a commercial and industrial power.
Americans gained jobs at the fastest pace in more than two years last month and the jobless rate plunged, a sign the economy has rebounded from a winter rut.
A $50-million-dollar planned expansion at the Cargill Meat Solutions facility southwest of Fresno should add 300 jobs to the 1,000-person workforce already employed there.
Last year’s overall population growth, driven largely by the state’s having many more births than deaths, continued the slow pattern of the last decade. Immigration from other states and countries, once the major driver of growth, has dropped to near-zero.
California workers who suffer permanent, job-related injuries and illnesses are entitled to workers compensation payments that are among the lowest in the nation, an exhaustive state-by-state comparison reveals.
Fillmore & Western Railway Co. may be forced to shut down as a result of a legal dispute with the Ventura County Transportation Commission, which recently filed a lawsuit to evict the company.
Gov. Jerry Brown on Tuesday signed into law a 10-year exemption from state taxes for certain property used for space flight operations in California.
The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery as the frigid winter appeared to curtailed business investment and weakness overseas hurt exports.