News

Amazon is hiring for 200 more permanent jobs in its Tracy distribution center, according to KCRA-TV Channel 3.

A coalition of nonprofits say states are in a race to the bottom in the competition to win a giant Tesla Motors battery factory. In California, lawmakers are set to consider a tax and regulatory incentive package for the company.

Sacramento is still getting a bad rap for business friendliness. An annual Thumbtack.com survey ranked Sacramento at the very bottom of 82 major metros for support from local government. Shocker: California didn’t fare well, either.

Lockyer called taxes directed at higher income earners “unfortunate” and taxes were too high in California, a comment that drew applause by several of the executives in attendance.

On Thursday, Gov. Jerry Brown signed legislation creating a $420 million tax credit for aerospace contractor Lockheed Martin. The bill also includes a clause that could provide a tax sweetener for Tesla Motors, if the company decides to built its planned $5 billion factory in California.

California lawmakers and the Brown administration introduced legislation Thursday morning that seeks to lift regulatory and financial barriers to lure a proposed $5 billion Tesla Motors factory to the Golden State.

Thirteen California Indian tribes announced this week that they had struck a compromise to legalize online poker in California, but a successful law is not guaranteed because the powerful Morongo Band of Mission Indians is opposed.

As news came in Thursday that tax receipts have come in more than $2 billion above revenue projections made by the Brown administration in January, legislative leaders struck a deal on the governor’s rainy day fund plan.

California Democrats proposed a bill Thursday that would raise state taxes on publicly traded companies that pay their top-earning employee 100 times as much or more as the company’s average worker.

Lawmakers advanced legislation Wednesday that would allow employees that are denied wages to record a lien on an employer’s property and the property where the employee worked.

A bill that would allow nonexempt employees to negotiate an alternative work schedule of up to 10-hours a week without overtime died Wednesday in an Assembly labor committee.

A Sprint call center in Rancho Cordova is closing,  leading to 240 layoffs, according to the Sacramento Bee. The last day for workers will be March 25, though they will be paid through April 8.

The Sacramento Area Commerce and Trade Organization showcased nine companies at an annual luncheon Wednesday whose expansions or moving to the region will create 1,485 new jobs.

The Sacramento region placed 97th on a list of the 100 largest U.S cities ranked by employment rate for young people aged 20 to 24. For teenagers, the region placed 82nd.

The Brown administration  released a blueprint Thursday for increasing California exports and foreign investment, mostly though educating statewide businesses on trade opportunities and by strengthening relationships with federal and foreign trade officials.