Fourth year of Sluggish Growth Forecast for California
The good news is California’s economy will keep growing this year. The bad news is it will be more of the same lackluster growth the state has seen since the recession ended in 2009.
News
Texas and California Spar Over Jobs and Taxes
(Reuters) – Texas Governor Rick Perry’s latest sales pitch to California businesses boils down to four words: Texas is no California.
Who’s Messing With Whose Jobss?
Gov. Jerry Brown ought to cut his Texas brother, Rick Perry, a little slack. Texas Gov. Perry arrived in the Golden State this week trolling for California businesses he could poach and carry home with him in his saddlebags.
The Fight Over CEQA Is On
What some see as California’s most important environmental law, others see as an economic impediment. The 43-year-old California Environmental Quality Act, or CEQA, guides almost every development project in the state.
Dems See Downside of CEQA
SACRAMENTO – Although many of California’s legislative Democrats are eager to “test drive” the new two-thirds majorities their caucuses hold in the Assembly and Senate – i.e., pushing the limits of their power to advance their progressive agenda – others are focusing on a sensible reform that almost everyone knows is slowing job growth.
Editorial/Opinion: Gov. Perry, Bring It On; California Can Compete
Some are calling it a bold, aggressive action. To me, it’s simply an act of desperation. The governor of Texas has been creating a little media buzz with his latest effort at poaching California businesses. After first buying airtime for a radio spot in a few media markets, he’s now following up with personal visits to businesses in some key California markets, including Orange County.
Rhythm & Hues to File for Bankruptcy Protection
Company: Rhythm & HuesCA Net Job Gain/Loss: -200Reason: LayoffCity/Region Losing Jobs: Los Angeles, CANotes: Layoffs as part of company bankruptcy filing
Shale Oil Deposit A Possible Boon to Struggling California
A vast, untapped oil reserve in California is emerging as perhaps one of the state’s best opportunities to improve its still struggling economy, but exploration and production efforts face resistance from the powerful environmental lobby and Gov. Jerry Brown’s administration, which appears not fully sold on the potential.
Editorial/Opinion: How We Can Start Creating Jobs?
Last November, Californians risked their money on state government. Despite five years of closed businesses, lost jobs, and replacement jobs that pay far less, Californians trusted the state with more of their hard-earned money. With some of the highest tax rates in the nation, Governor Jerry Brown has declared California’s government is on the road to solvency.
Where is Manufacturing Making a Comeback?
After years of losing jobs to lower-cost, overseas operations, several Rust Belt states are seeing a resurgence of manufacturing, led surprisingly by Michigan.
Environmental groups, unions team up to oppose CEQA push
The battle lines are being drawn in the upcoming legislative fight over California’s environmental review laws.
Silicon Valley job growth has reached dot-com boom levels, report says
MOUNTAIN VIEW — Silicon Valley’s job growth has returned to dot-com boom levels and San Francisco has emerged as a major new tech hub. But good times have not returned for all area residents and ethnic groups.
Home Depot to Hire 900 Seasonal Workers at Local Stores
Company: Home DepotCA Net Job Gain/Loss: 900Reason: ExpandCity/Region Gaining Jobs: San Diego County, CANotes: Seasonal workers
Texas Gov. Rick Perry poaches California businesses
Texas doesn’t have redwood forests, a spot on the Pacific, Hollywood or a team in the last Super Bowl or World Series. But it doesn’t have California’s taxes either.
California’s Taxes Don’t Close Its Confidence Gap
Business Climate: Last year’s tax hike was a short-term fix, at best, for the Golden State’s woes. For lasting prosperity, job creators need to trust the politicians. Right now, they don’t.