05/17/2024

News

North America’s Largest Infrastructure Projects

There’s a lot of talk about increasing infrastructure spending, but with local, state and federal agencies involved, it’s difficult to determine which projects would bring the biggest bang for the buck. Enter CG/LA Infrastructure. The Washington-based consulting firm in August ranked 100 projects that it says would most help the U.S. regain its competitiveness.

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Editorial: Lawless Taxation

California imposed a huge retroactive income tax increase last year, but some 2,500 small business owners are learning that once is never enough for Sacramento. The state now wants to hit them with a retroactive levy going back to 2008, to the tune of $120 million or more.

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Dan Walters: Labor Day Economy a Mixed Bag in California

As California marks the Labor Day holiday, there’s a slow-motion debate over the strength of its recovery from the worst recession since the Great Depression and thus its prospects for improving employment.

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Opinion: California’s Union-Sponsored War on Farmers

United Farm Workers and its government allies are working hard to destroy jobs.

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Editorial: Stepping Up from Flipping Burgers

Fast-food workers want raises, but the bigger challenge is to help them advance into better jobs.

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Boy Trouble

When I started following the research on child well-being about two decades ago, the focus was almost always girls’ problems—their low self-esteem, lax ambitions, eating disorders, and, most alarming, high rates of teen pregnancy. Now, though, with teen births down more than 50 percent from their 1991 peak and girls dominating classrooms and graduation ceremonies, boys and men are increasingly the ones under examination. Their high school grades and college attendance rates have remained stalled for decades. Among poor and working-class boys, the chances of climbing out of the low-end labor market—and of becoming reliable husbands and fathers—are looking worse and worse.

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Report Finds “Deeply Challenging” Labor Market in California

A report by the California Budget Project says the addition of 750,00 jobs over the past three years has still left much of the state in double-digit unemployment.

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Film Tax Credits Get Panned

North Carolina is close to dropping one of the most extensive programs for awarding tax breaks to film companies, in what would be a high-profile retreat from an arms race among states to lure Hollywood productions.

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Consumer Sentiment Retreats from 6-year High

U.S. consumer sentiment retreated in August from last month’s six-year high, though Americans were slightly more upbeat in their outlook than earlier in the month, a survey released on Friday showed.

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Teen Employment Hits Record Lows, Suggesting Lost Generation

For the fourth consecutive summer, teen employment has stayed anchored around record lows, prompting experts to fear that a generation of youth is likely to be economically stunted with lower earnings and opportunities in years ahead.

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Prop 65 Reform Talks Fizzle without Consensus

Governor Jerry Brown’s administration has pulled the plug on efforts to amend Proposition 65, California’s toxics warning law, through legislation this year.

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Public Agencies Bear the Cost of Electricity Rate Increases

California electric rates are among the highest in the country and it is likely that the lion’s share of future rate increases will be borne by commercial and industrial customers, such as public agencies. Why? Because California has embarked upon a significant number of policies that necessarily impact the state’s electricity supply and delivery system. As a result, electric rates continue to rise and ratepayers, including public agencies, are searching for ways to respond to the spiraling costs of this necessary service.

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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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Go-Biz Director Unveils New State Permitting Website with Mobile Feature

GO-Biz Director Kish Rajan Debuts New On-line Permitting Tools and Provides Overview of the Governor’s Economic Development Initiative

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California Sells $764 Million in Debt

California sold $764 million in debt Tuesday at lower-than-expected interest rates, a vote of investor confidence in the state’s improved finances.

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