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Jerry Brown

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  • Law requires investment training for pension board Friday, 18 Jul 2014 | 6:19 PM ET

    Jerry Brown announced Friday that he has signed a bill requiring board members of California's public pension fund to receive investment-related training every two years, even though the fund already requires such education.

  • Agriculture chief visits water-starved families Friday, 18 Jul 2014 | 2:28 PM ET

    Agriculture Secretary Tom Vilsack visited drought-stricken homeowners on Friday in Central California, saying drought and climate change would require major investment to secure future water supplies.

  • Officials: Complacency drives hike in water use Wednesday, 16 Jul 2014 | 3:13 AM ET

    The same day, state regulators moved to jolt residents into saving water by authorizing fines up to $500 for wasting water on lawns or letting hoses run while they're washing vehicles.

  • California approves fines for water-wasters Tuesday, 15 Jul 2014 | 2:03 AM ET

    SACRAMENTO, Calif.— Californians increased water consumption this year during the state's severe drought, despite pleas from the governor to conserve, fallowed farm fields and reservoirs that are quickly draining, according to a report released Tuesday.

  • State public pension funds earn 18 percent returns Monday, 14 Jul 2014 | 7:00 PM ET

    The California Public Employees Retirement System had earnings of 18.4 percent for the fiscal year that ended June 30, while the California State Teachers Retirement System had a return of nearly 18.7 percent, The Sacramento Bee reported.

  • 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.

  • 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.

  • SAN FRANCISCO, Feb 21- California lawmakers have unveiled a new bill that would halt fracking and other controversial oil extraction practices in the state until a comprehensive review of their impact is complete, reigniting a legislative debate that fracking opponents lost last year.

  • LOS ANGELES, Feb 21- The worsening drought in California will for the first time force a complete cutoff of federally supplied irrigation water to most farm districts in the state's Central Valley heartland this year, the U.S. Bureau of Reclamation said on Friday.

  • SAN FRANCISCO, Feb 10- California fracking opponents aiming to stop development of massive state oil reserves are focusing their drive this year around the state's record-breaking drought, arguing oil production would suck sorely needed water from farms and homes.

  • LOS ANGELES, Feb 10- The most powerful winter storm to hit California in more than a year dumped several feet of snow in the high Sierras and soaked lower elevations with rain over the weekend, easing drought conditions but leaving the state thirsting for more, officials said on Monday.

  • LOS ANGELES, Feb 10- The most powerful winter storm to hit California in more than a year dumped several feet of snow in the high Sierras and soaked lower elevations with rain over the weekend, easing drought conditions but leaving the state thirsting for more, officials said on Monday.

  • LOS ANGELES, Feb 10- California's revenue fell 20 percent in January from a year earlier to $12.2 billion, but surpassed estimates in the state budget, controller John Chiang's office said on Monday. Cash from personal income taxes, California's most important source of revenue, came in at $10.66 billion, down from $13.45 billion for January 2013.