Daegis Inc., the Roseville-based information management and eDiscovery company, said it in its fiscal year-end financial release that it will move its headquarters to Texas to “optimize its cost structure.” It is the second publicly traded local company in recent years to move to Texas.
With Friday’s cancellation of one of the biggest solar projects proposed for the California desert, the utility-scale solar boom of 2009 continues to falter. And analysts deep in the energy industry are taking notice.
After a two-year office space binge, San Francisco tech tenants seem to be taking a bit of a breather.
The federal Bureau of Economic Analysis (BEA) came out with its new state-by-state economic growth numbers last week. The easy-to-read map shows that, not unsurprisingly given all the new oil production there, North Dakota led the nation in increased economic growth in 2012 at 13.4 percent, with Texas in second at 4.8 percent.
A new study ranks California fifth nationally in shipbuilding and ship repair, a standing that could rise as General Dynamics-NASSCO adds 800 workers in San Diego to help build commercial product carriers.
The unemployment rate in Sacramento and California registered a significant drop in May for the second consecutive month, but analysts cautioned that the steadily improving numbers conceal a large number of people who are working in low-wage jobs or who are no longer firmly attached to the workforce.
Dean Schefrin bought a home at just the right time. He and his then-fiancee purchased their four-bedroom Thousand Oaks home last August, catching the rising wave of Southern California home prices.
Just a few years ago, California was hemorrhaging tens of thousands of jobs and had one of the highest unemployment rates in the nation.
The state Legislature has adopted language that requires Honda Center management to pay hundreds of food and beverage workers for 60 days and then offer to continue their employment.
SACRAMENTO — California voters would be asked to decide the fate of the state’s controversial enterprise zones in November 2014 under a proposal Friday by the head of the state Democratic Party.
CA Net Job Gain/Loss: 200Reason: Expand, From Out of StateCity/Region Losing Jobs: Batavia, ILCity/Region Gaining Jobs: Moreno Valley, CANotes: Planned regional HQ and warehouse complex for national discount grocery chain
The developer of a huge proposed solar power project that was once slated to cover 12.5 square miles of still-intact desert habitat has walked away from the idea, according to documents released by the California Energy Commission (CEC). The Calico Solar Project, proposed for land north of Interstate 40 between the hamlets of Ludlow and Newberry Springs, attracted opposition even from die-hard supporters of desert solar projects.
Lawmakers buoyed by last fall’s election of a supermajority of Democrats in the state legislature are pushing new legislation that would cut off state construction funds from charter cities that don’t mandate the equivalent of union-scale wages on public-works projects.
California’s unemployment rate tumbled to 8.6% in May from 9% in April, falling to its lowest level since November 2008, the Bureau of Labor Statistics reported Friday.
Company: PennyMac Loan ServicesCA Net Job Gain/Loss: 200Reason: ExpandCity/Region Gaining Jobs: Sacramento, CA