California’s Monterey shale, which holds an estimated 15 billion barrels of oil, has been touted as crucial to the state’s energy future and a boon to its economy. A study released Thursday tries to quantify the potential economic benefits.
Company: MetLifeCA Net Job Gain/Loss: Unknown ImpactReason: Closure, Move Out of StateCity/Region Losing Jobs: Aliso Viejo, CACity/Region Gaining Jobs: Charlotte, NCNotes: Part of national consolidation by Metlife to move 2,600 jobs to NC from variety of locations but no specific specific job loss figures provided; jobs have average salary of $82,000
Company: MetLifeCA Net Job Gain/Loss: Unknown ImpactReason: Closure, Move Out of StateCity/Region Losing Jobs: Irvine, CACity/Region Gaining Jobs: Charlotte, NCNotes: Part of national consolidation by Metlife to move 2,600 jobs to NC from variety of locations but no specific specific job loss figures provided; jobs have average salary of $82,000
Company: NorthropCA Net Job Gain/Loss: -768Reason: ClosureCity/Region Losing Jobs: Carson, CA
Company: DreamWorks AnimationCA Net Job Gain/Loss: -350Reason: LayoffCity/Region Losing Jobs: Glendale, CA
Company: Dignity HealthCA Net Job Gain/Loss: -70Reason: LayoffCity/Region Losing Jobs: San Mateo, CA
Company: Sutter HealthCA Net Job Gain/Loss: -48Reason: LayoffCity/Region Losing Jobs: Burlingame, CA
Company: Cheesecake FactoryCA Net Job Gain/Loss: -135Reason: LayoffCity/Region Losing Jobs: Calabasas, CANotes: Layoffs from West Coast bakery operations
The Reason Foundation, a libertarian-leaning think tank, says in a new report that California is facing big challenges in improving driving conditions on its state-owned roads.
As an epicenter of the nation’s worst housing bust in recent history, California remains an important bellwether for the housing market recovery. So when news that foreclosure starts in the beleaguered state plummeted to an 87-month low in January, industry watchers took notice.
In one of his ongoing crusades, Gov. Jerry Brown last week referred to the 1972 California Environmental Quality Act as a “land mine” that often blocks needed development, and called once more for “some reasonable changes in the law.”
Branstad told KCRA 3 he was meeting with a dozen California companies with operations in Iowa, trying to convince them to relocate, expand or grow in Iowa.
SACRAMENTO — Except for illegal immigrants, no group has more at stake in the national fight over immigration reform than California farmers.
California’s rate of homeownership continued a years-long slide in 2012 and is now the second lowest in the nation, according to a new Census Bureau report.
The Southern California economy will show modest but widespread improvement over the next year, with Orange County and the Inland Empire leading the region in employment gains, according to the Los Angeles County Economic Development Corp.