12/23/2024

News

$3-billion Proposal to Repair Los Angeles Streets Advances

Los Angeles lawmakers Wednesday agreed to pursue further analysis of an ambitious $3-billion proposal to fix thousands of miles of the city’s most deteriorated streets.

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UC Retreats from Broad Graduate School Tuition Hikes

After previously proposing widespread and hefty tuition increases for graduate and professional degree programs, UC’s top administrators have retreated and will seek fee hikes affecting only a small group of graduate students, mainly in nursing, and at much reduced levels.

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United Health to Exit Individual Insurance Market in California

The nation’s largest health insurer, UnitedHealth Group Inc., is leaving California’s individual health insurance market, the second major company to exit in advance of major changes under the Affordable Care Act.

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Run-up in Mortgage Rates Raises Questions About Housing Recovery

Mortgage rates have zoomed a full percentage point above their recent record lows, raising costs for borrowers and questions about the housing recovery.

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Homeowners Spending Cautiosly as Values Surge

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.

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California’s Job Picture Gets Brighter

Just a few years ago, California was hemorrhaging tens of thousands of jobs and had one of the highest unemployment rates in the nation.

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California Voters May Get Final Say on Enterprise Zones

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.

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New Teacher Training Study Decries California Universities

A new front is opening in the education wars as a report released Tuesday derides California’s teacher training schools as among the worst in a nation full of substandard programs.

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In apparel industry, advantages of Made in U.S.A. label wear thin

Three years after combining their names to create Venley, a company that produces T-shirts and other basics in a downtown Los Angeles factory, onetime fraternity brothers Nick Ventura and Kevin Gressley find manufacturing clothes in the U.S. to be an expensive and frustrating undertaking.

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With San Onofre Closing, Sources of Region’s Energy Are Uncertain

The permanent closure of the San Onofre nuclear plant leaves significant unanswered questions about the future of the energy supply in Southern California, the head of the state’s Public Utilities Commission acknowledged Tuesday.

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California Tops List of States with Infrastructure Needs

California could use $44.5 billion to fix aging water systems over the next two decades, according to a federal survey that placed the state at the top of a national list of water infrastructure needs.

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Southland home prices soar 24.7% in May from a year earlier

Southern California’s housing recovery surged last month as buyers scrambled for a short supply of homes.

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California lawmakers push alternative clean energy plan

SACRAMENTO — California lawmakers are pushing an alternative to Gov. Jerry Brown’s plan to use new revenue generated by Proposition 39, which changed the corporate tax code when voters approved it in November.

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Number Of Homes Entering Foreclosure Plunges in California

The number of California homes entering foreclosure plunged in the first quarter, the result of an improving economy, rising home prices and strict new state regulations on lenders.

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Editorial/Opinion: Alter CEQA but don’t weaken it

Does California’s signature environmental law protect the state’s air, water and wilderness by acting as a check on runaway projects proposed by overzealous developers? Or does it encourage baseless lawsuits that unfairly delay and even derail worthwhile projects that could provide badly needed jobs and housing for Californians?

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