Neel Kashkari—GOP candidate for governor of California—delivered on CNBC a scathing critique of President Barack Obama and Democratic policies in D.C.» Read More
LOS BANOS, Calif.— California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers. The historic drought, now in its third year, is reducing supplies of California honey, raising prices for consumers and making it harder for beekeepers to earn a living.
LOS ANGELES, Aug 20- California Governor Jerry Brown decried a move by the state's giant public pension fund on Wednesday to include temporary pay hikes in the way pensions are calculated for newly hired workers.
LOS ANGELES, Aug 19- The California Public Employees' Retirement System, America's largest public pension fund, is expected to approve nearly 100 types of extra pay on Wednesday that will count toward how pensions are calculated for newly hired workers.
The committee of the California Public Employees' Retirement System board voted 6-2 in favor of adding nearly 100 types of supplemental pay that can be used for calculating pension benefits for public employees hired after Jan. 1, 2013.
Jerry Brown and state lawmakers are expected to use the backdrop of California's most severe drought in nearly four decades to sell voters on the $7.5 billion water plan they put on the ballot this week. Kevin de Leon, a Los Angeles Democrat who will become Senate leader in fall.
Jerry Brown has signed legislation that extends a $420 million state tax credit to aerospace giant Northrop Grumman Corp. after approving a similar deal for its competitor, Lockheed Martin Corp.. It expands an aerospace tax credit that lawmakers approved in July for Lockheed Martin so it also applies to Northrop Grumman.
LOS ANGELES— Hoping to keep film production in California, lawmakers have moved to quadruple tax subsidies for location shoots. The state Senate Appropriations Committee approved a bill Thursday that would boost total subsidies to $400 million a year, the Los Angeles Times reported.
In July, lawmakers grudgingly approved a $420 million tax credit that would benefit a joint bid being submitted by Boeing Co. and Lockheed Martin Corp. The governor signed the fast-tracked AB2389 into law after his office assured competitor Northrop Grumman Corp. that it would receive a similar deal.
SACRAMENTO, Calif.— Driven to action by the state's historic drought, California lawmakers on Wednesday voted to place a $7.5 billion water plan before voters in November. After weeks of difficult negotiations, the ballot measure sailed through both houses of the Legislature: 77-2 in the Assembly and 37-0 in the Senate.
SACRAMENTO, Calif.— The California Legislature on Wednesday was on the verge of placing a revamped water bond on the November ballot, a package that includes billions of dollars to build new reservoirs in a state enduring its third year of drought. Jerry Brown and leaders from both parties totaled $7.5 billion, with $2.7 billion dedicated to storage.
SACRAMENTO, Calif., Aug 11- All smartphones sold in California would have to come with a "kill switch" to render them inoperable if lost or stolen under a bill passed by the legislature on Monday, the latest effort to stem an epidemic of phone theft in the most populous U.S. state.
SAN FRANCISCO, July 28- California Governor Jerry Brown and Mexican environmental officials signed a pact on Monday aimed at reducing greenhouse gas emissions, an agreement that could eventually expand the market for carbon credits.
SACRAMENTO, Calif., July 3- California lawmakers on Thursday passed a tax credit meant to lure aerospace companies working on a new stealth bomber to the state, but the measure will benefit only one of two teams of companies fighting to win the contract.
June 25- Moody's Investors Service on Wednesday upgraded its rating on California's general obligation debt to "Aa3" from "A1," citing the state's improving financial position and employment growth.
SACRAMENTO, Calif., June 23- California lawmakers on Monday approved a measure making it easier to use alternative currencies including Bitcoin, even as the failed Tokyo based bitcoin exchange, Mt Gox, moved forward into bankruptcy protection.
On Monday, those states may finally get the nudge they need to jump into the $20 million a day California market for emitting carbon dioxide when the Environmental Protection Agency releases much-anticipated new rules that will force deep cuts in greenhouse gas emissions from existing power plants.
WASHINGTON, April 4- Republican lawmakers said on Friday over regulation has prevented a shale oil boom in California and if eased, could boost production in the state and reduce its dependence on foreign energy.
March 28- A prolonged drought in California could lead to ratings downgrades on the state's water and public power utilities unless they show a willingness to raise prices, according to a report by Fitch Ratings.
SAN FRANCISCO, March 19- The council of the Los Angeles County city of Carson, California, has unanimously approved a 45- day moratorium on new oil and gas drilling, a setback for Occidental Petroleum's plans to drill more than 200 new wells there and the latest example of local governments taking a stand against fracking.
LOS ANGELES, March 1- California Governor Jerry Brown on Saturday signed into law a $687 million drought-relief package to deal with a water shortage he has called the worst in the state's modern history.