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Jerry Brown

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  • S&P report backs Gov. Jerry Brown's call to tame spending Wednesday, 28 Jan 2015 | 9:10 AM ET

    The credit rating service Standard& Poor's reported that California is at risk of slipping back into financial crisis if it doesn't treat recent revenue growth as a temporary infusion of cash and "build a modest cushion for the next downturn while beginning to address its existing long-term commitments." "For California a future revenue slump isn't only...

  • Orange County, Ca. Jan 27- Welcome to the utility industry's future- or at least that's what Southern California Edison is hoping. Here in a non-descript, 53,500- square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar...

  • Orange County, Ca. Jan 27- Welcome to the utility industry's future- or at least that's what Southern California Edison is hoping. Here in a non-descript, 53,500- square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar...

  • Landfill could be one of last to tap methane for power Thursday, 22 Jan 2015 | 1:23 PM ET

    The little-known source of electricity has fed California's power grid for decades, but a groundbreaking Thursday for yet another trash-driven power project at a massive Orange County landfill could be one of the last on the books. "This one is one of the last of the large sites in California, and one of the last of the large sites in the nation."

  • SACRAMENTO, Calif.— After tackling pension changes for public employees and teachers, Gov. California faces an estimated $72 billion unfunded liability for more than 800,000 state employees and their families to provide health coverage once workers retire from civil service and for those who have already retired. California has one of the biggest retiree...

  • SACRAMENTO, Calif., Jan 9- California Democratic Governor Jerry Brown on Friday released his 2015-16 state budget, calling for $113 billion in proposed general fund spending, up just 1.4 percent from the year before despite the state's substantial economic recovery. Brown stuck to his plan to increase funding for the University of California by 4 percent, but...

  • FRESNO, Jan 6- California's business leaders on Tuesday ceremoniously broke ground on the country's largest and most ambitious plan for high-speed rail that would eventually transport passengers between Los Angeles and San Francisco in less than three hours. "This is important," Brown insisted, at the groundbreaking in Fresno. Construction began last year...

  • SAN FRANCISCO, Jan 5- California Governor Jerry Brown on Monday laid out an ambitious plan for 50 percent of the state's electricity to be generated by renewable resources over the next 15 years and to cut petroleum usage by drivers. SolarCity Corp, the largest U.S. residential solar panel installer, and Vivint Solar Inc are already big players in California.

  • SAN FRANCISCO, Jan 5- California Governor Jerry Brown on Monday set goals to improve the state's environment for the next 15 years by cutting petroleum use and increasing electricity derived from renewable sources to 50 percent. During his fourth inaugural address and state of the state speech, Brown said he would seek to reduce petroleum use in cars and trucks...

  • Jan 2- California on Tuesday will break ground in Fresno on its ambitious but controversial high-speed rail project, marking another milestone for Governor Jerry Brown and for foreign manufacturers waiting to bid on lucrative train contracts. The United States lags behind Europe and Asia in building both high-speed rail and its trains.

  • SACRAMENTO, Calif., Dec 30- An effort to kill California's first-in-the-nation state ban on single-use plastic grocery bags advanced this week after bag makers spent several million dollars on a campaign to gather signatures for a proposed ballot initiative to overturn it. "You just take it back to the grocery store and stuff it into a container and it gets...

  • SACRAMENTO, Calif., Dec 30- An effort to kill California's first-in-the-nation state ban on single-use plastic grocery bags advanced this week after bag makers spent several million dollars on a campaign to gather signatures for a proposed ballot initiative to overturn it. "You just take it back to the grocery store and stuff it into a container and it gets...

  • Where would Cisco (and its CEO) be without her? Friday, 19 Dec 2014 | 11:49 AM ET
    Debbie Gross and John Chambers.

    Few people in tech worked harder over the past 24 years than Debbie Gross. She's executive assistant to John Chambers, the CEO of Cisco.

  • 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...

  • China to pitch high-speed trains to California Monday, 20 Oct 2014 | 10:49 PM ET

    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.