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  • New Fuel for Local Papers: Medical Marijuana Ads Tuesday, 5 Oct 2010 | 9:29 AM ET

    Medical marijuana has been a boon for local newspapers looking for ways to cope with the flight of advertising, reports The New York Times.

  • The Price of Water: Is Higher Better? Thursday, 30 Sep 2010 | 3:11 PM ET

    San Diego County may be known for its famous coastline, but when it comes to fresh water, it has very little supply.  Residents pay for water to be imported from the Colorado River and other areas. But some believe even higher prices are needed, which would encourage conservation and reduce water use.

  • Arizona may be the frontline of the immigration policy debate, but states far from the Mexican border are also busy grappling with the costly problem of illegal aliens.

  • Is Anyone Running California? Wednesday, 22 Sep 2010 | 1:44 PM ET
    California Flag

    Day 84 without a budget in California. We have a $19 billion budget hole that needs to be filled. he Governor has been too sick to hold budget talks with legislative leaders. The state is falling apart. I guess. I haven't really noticed.

  • Los Angeles Mayor: We Will Not Go Bankrupt Wednesday, 22 Sep 2010 | 6:40 AM ET
    Los Angeles, CA

    Mayor Antonio Villaraigosa dismissed former L.A. Mayor Richard Riordan's gloomy prediction that the city will be bankrupt by 2014. 

  • Bell City Officials Arrested Over Public Funds Misuse Tuesday, 21 Sep 2010 | 2:52 PM ET
    gavel and money

    Los Angeles County District Attorney Steve Cooley announced on Tuesday the arrest of eight current or former Bell city officials, including former city manager Robert Rizzo, over alleged misuse of the city's public funds.

  • California Flag

    "To build in California is a nightmare," Caruso says. Yet while Meg Whitman has promised to streamline the state's tortuous permit process, Caruso, a major GOP fundraiser, isn't voting for her. He's voting for Jerry Brown and his Republican friends are shocked.

  • Foreclosures Rise; Repossessions Set Record Thursday, 16 Sep 2010 | 2:11 AM ET
    Foreclosure

    US foreclosure activity rose in August from the previous month, and banks and lenders took ownership from homeowners at a record pace, according to a new report released Thursday.

  • State Senator Says 6 Killed in California Explosion Friday, 10 Sep 2010 | 11:28 AM ET
    A massive explosion rocked a neighborhood near San Francisco International Airport.

    Fire crews sprayed water on smoldering homes Friday morning after a massive explosion apparently triggered by a broken gas line sent flames roaring through a neighborhood near San Francisco, killing six people and injuring dozens, officials said.

  • Tamminen: Down Under and Upside Down Tuesday, 7 Sep 2010 | 9:36 AM ET

    Making the economy more efficient by arguing who can cut the most wasteful carbon emissions—a bidding war that would only happen down under, right?

  • California to Delay Payments Sooner than Expected Tuesday, 24 Aug 2010 | 6:53 AM ET
    South California highway

    Gov. Arnold Schwarzenegger, California's state controller and treasurer, decided Monday to delay $2.9 billion a month in payments to school districts and counties sooner than expected so the state can meet debt and pension obligations.

  • Tamminen: Time To Ditch The $20 Billion Plastic Bags Monday, 23 Aug 2010 | 11:57 AM ET

    A bill in California could pass this week banning wasteful single-use plastic bags if state legislators can be convinced that consumers can bring his/her own sack for carting off a loaf of bread.

  • States Show Few Gains in Fight Against Unemployment Friday, 20 Aug 2010 | 11:18 AM ET
    People wait in line at a government employment office in the center of Madrid.

    State unemployment rates have shown only minimal improvements, with 18 states and the District of Columbia reporting decreases in July, 14 showing increases and 18 with no change at all.

  • Eight Killed, 12 Injured at California off-Road Race Sunday, 15 Aug 2010 | 6:14 AM ET

    An off-road truck plowed into a crowd and scattered "bodies everywhere" moments after sailing off a jump at a California race Saturday, killing eight people and leaving 12 injured, authorities and witnesses said.

  • LA Will Be Bankrupt by 2014: Former Mayor Wednesday, 11 Aug 2010 | 8:34 AM ET
    America's Top States for Business - A CNBC Special Report

    Unless city officials make drastic changes, Los Angeles will be bankrupt by 2014, former LA Mayor Richard Riordan told CNBC.

  • Are Municipal Bonds a Smart Choice for Investors? Monday, 9 Aug 2010 | 2:01 PM ET

    "With municipal bonds you have to take your tax rate into consideration, the lower your tax rate the less attractive muni's are," Ben Thompson,  founding principal of Samson Capital Advisors told CNBC.

  • Toy Marijuana? Tuesday, 27 Jul 2010 | 11:44 AM ET
    Marijuana plants

    A web site called Cannabuddies allows people to "adopt" virtual (not real) pot leaves. Leaves named "Chocolope" and "Train Wreck" will grow for you, produce buds, and even "speak", hoping to inform listeners about the benefits of pot.

  • What Financial Reform Means for Municipal Bonds Monday, 26 Jul 2010 | 12:22 PM ET

    Corporate bonds are registered securities—municipal bonds are not. That key distinction is meaningful as details of the new law are unraveled and especially meaningful in light of the controversy surrounding bond sales and the ratings agencies.

  • Legalize Pot? Blacks Split Over California Vote Tuesday, 20 Jul 2010 | 10:54 AM ET
    Marijuana plants

    How black voters in California decide on Proposition 19, which would allow anyone 21 and over to possess up to an ounce of marijuana, could be critical to its success or failure.

  • Judge Rejects Schwarzenegger Minimum Wage Order Friday, 16 Jul 2010 | 5:34 PM ET
    Arnold Schwarzenegger California Governor

    A judge on Friday declined to force the state controller to comply with an order by Gov. Arnold Schwarzenegger to pay state workers minimum wage while the state remains without a budget.