A bond measure to fund water projects in California easily passed Tuesday. But what might not be so easy is getting relief from the state's drought.» Read More
SAN FRANCISCO— University of California President Janet Napolitano prevailed Thursday in persuading the university's governing board to authorize five years' of tuition increases, a deliberate but politically risky move likely to ignite months of debate to determine if the costs ultimately fall on students or taxpayers. Jerry Brown, the UC Board of...
SACRAMENTO, Calif.— A steadily improving economy will buffer California's budget from a drop in revenue expected when temporary tax hikes begin to expire in the coming years, the state's nonpartisan Legislative Analyst's Office said Wednesday. Jerry Brown's proposal to raise an additional $6 billion a year through higher taxes. When Proposition 30 passed,...
NEW YORK, Nov 5- Tax-cutting measures in a handful of states looked to gain traction following Tuesday's elections, potentially weakening fiscal positions if revenues fail to keep pace with spending. "As far as states go there was a clear message that people would rather have lower taxes," said Craig Brandon, Co-Director of Municipal Investments at Eaton Vance in...
A handful of the Nov. 4 races such as the dead heat in Illinois, possibly the most fiscally dysfunctional state, shape up as de facto referendums on reform and their results could make municipal bond investors alter their bets. "People are not so much voting for governor in some of these states but how they want the pensions addressed," said Craig Brandon, Co-Director...
SHANGHAI, Oct 21- State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signalling China's growing export ambitions for such technology after building the world's longest network in just seven years. It marks the first concrete attempt by China to sell high-speed locomotives abroad and establish itself as a...
LOS ANGELES, Sept 30- California Governor Jerry Brown late on Monday vetoed a bill that would have helped franchisees recoup some of their business investments when a franchisor wrongly terminates their relationship.
At the UN's Climate Summit this week a diverse group of global leaders, from World Bank president Jim Yong Kim to California Governor Jerry Brown, spoke of the need for polluters to pay for each ton of carbon they emit. Carbon pricing, largely rejected by the United States and struggling in Europe, is suddenly all the rage, with China leading the charge.
LOS ANGELES, Sept 19- When Kathryn Slater-Carter learned her family would lose $1.5 million after McDonald's Corp did not renew the franchise agreement on one of their restaurants in the San Francisco suburbs, she tried for a second time to change state law to protect franchisee investments.
Sept 17- California Governor Jerry Brown signed new insurance requirements on ridesharing companies into law on Wednesday, but the regulations come at a far lower cost to the industry than previously written into the bill, officials said.
Sept 17- California Governor Jerry Brown signed into law on Wednesday new insurance requirements on ridesharing companies, but the regulations come at a far lower costs to the industry than previously written into the bill, officials said.
SACRAMENTO, Calif., Sept 10- California businesses will have to provide paid sick leave to most employees under a bill signed on Wednesday by Democratic Governor Jerry Brown, the latest move to aid low-income workers in the most populous U.S. state.
LOS ANGELES, Sept 9- America's largest public pension fund was criticized in a report on Tuesday for failing to sufficiently audit and clamp down on pension "spiking", a practice of inflating workers' benefits just before retirement in order to boost their pensions.
LOS ANGELES, Sept 9- America's largest public pension fund was criticized in a report on Tuesday for failing to properly audit and clamp down on pension "spiking", a practice of inflating workers' benefits just before retirement in order to boost their pensions.
SACRAMENTO, Calif., Aug 27- California will triple its tax breaks for entertainment companies doing business in the state, the latest effort to stem a tide of runaway production that has cost billions in revenue in Hollywood's home state under a deal announced on Wednesday.
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.
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.
Moody's upgraded its rating on California's general obligation debt, citing the state's improving financial position and employment growth.