Lawrence Livermore is reaching out to private industry amid a race for talent and ideas to solve pressing issues including national security.» Read More
The City of Angels is facing a $200 million budget deficit in the current fiscal year which will grow another half billion next year. The city will owe $399 million next year just in debt service, and it faces about $6 billion in underfunded pensions and healthcare costs for its retired employees.
For more than a dozen years, the B&B Do It Center in Camarillo, CA, has been offering free doughnuts and coffee to customers. Not anymore.
n a new survey from Portfolio.com, seven of the top ten "wealth centers" in the country are in the Golden State. The survey combines several measurements from the Census Bureau, including per capital income, median income, the percentage of incomes over $200,000, and home prices.
Many of you assume that California is full of liberals, even though the Golden State produced Ronald Reagan, Richard Nixon, and Prop 13.
"The Power of Many: Values for Success in Business and in Life" is part memoir - part business philosophy – and yes, part campaign speech divided up into 10 chapters outlining Whitman’s rules of thumb.
When it rains, it pours. After more than three years of drought, California has had so much rain and flooding this week that the San Joaquin Valley, the setting of John Steinbeck's "Grapes of Wrath," is more like the "Grapes of Rafts."
The winning slogan for my fake campaign for Governor is the original one we suggested: "Vote for Jane, She Can't Be Any Worse!"
With California facing few palatable options—deeper cuts, higher taxes—some at the state level are considering legalizing marijuana and taxing it.
In his final State of the State speech, 62-year-old Arnold Schwarzenegger outlined what he called his "Sophie's Choice"—where to cut in a state which has already seen tens of billions in spending cuts.
If Copenhagen delegates want to know where the solutions to both the current climate and economic crises will come from, they need to look at the work of enterprising governors in the U.S. and Brazil.
Last night I shopped for Thanksgiving at Vons, owned by Safeway spacer, and bought everything, including a 14-pound turkey, for the lowest price I've ever paid: $32.
USC is the largest private employer in Los Angeles, with an endowment worth $4 billion. You'd think being "Top Trojan" would be a plum job. So why is USC taking out half-page ads in the Wall Street Journal?
Is it possible to profit from road rage? One Web site hopes so.
California really is trying to get its act together, I think. The Los Angeles Times reports that a special commission hopes to reform lawmaking, since California lawmakers have been doing such a good job at it.
I'm at the Milken Institute State of the State Conference, and the state of the state in California isn't good. Pimco's Bill Gross refers to our way of managing money as "Doo Doo Economics".
I'm at the Milken Institute's State of the State Conference as a wide variety of voices tries to figure out how to get the Golden State back on track.
The nation's largest pension fund, the California Public Employees' Retirement System, said it is investigating fees paid to an outside manager that directed the fund's investments.
CalPers - the largest pension fund in the U.S. is recouping losses from the financial fallout with a strategy that's boosted assets by $40 billion since its January low.
With emissions rules looking inevitable, companies are taking steps to prepare for a number of different government scenarios.
California's finances are in worse shape than expected three months into the fiscal year. State Controller John Chiang says income is nearly $1.1 billion below the most recent budget estimates.