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Back to homepageCredit industry circles California pot banking
As Gov. Jerry Brown’s administration turns toward tidying up California’s complex and still-unsettled marijuana laws, the massive market for money made from the plant’s products has begun to attract attention from financial services companies that want to take advantage without
Read MoreFeds: Household making $105K in San Francisco is ‘low income’
San Francisco and San Mateo counties in the Bay Area have passed a grim milestone reflecting extreme housing costs: The federal government now considers households in the counties which make $100,000 a year to be “low income,” making them eligible
Read MoreCalifornia secession leader abandons movement and moves to Russia
One of the groups pushing for a California secession is abandoning their effort and the man who was leading the charge has moved to Russia. Louis Marinelli, president of the Yes California Independence Campaign, announced the news in an official
Read MoreCalifornia seeks solutions to higher energy costs
Amid a shifting landscape of growing consumer choices and increasingly exacting emissions regulations, state utilities and regulators have pressed ahead with a variety of initiatives designed to prevent energy shortages, consumer rebellions or a perfect storm of the two. Losing
Read MoreEmergency water restrictions will extend beyond end of California drought
SACRAMENTO – Former White House chief of staff and current Chicago Mayor Rahm Emanuel’s most quotable words are frequently cited as the apogee of cynicism, but they simply point to reality in the political system: “You never let a serious
Read MoreConservative groups file lawsuit over Coulter cancellation at Berkeley
Young America’s Foundation and the University of California Berkeley College Republicans have filed a lawsuit after the school canceled an upcoming speech by conservative author Ann Coulter, arguing the action violates the students’ constitutional right to free speech. “Though UC
Read MoreBullet train roundup: CEO out as project faces lawsuit and federal threats
The chief executive of the California High-Speed Rail Authority – former Caltrans director Jeff Morales – is resigning in June from the agency after five years overseeing the state’s $64 billion bullet train project. The announcement Friday prompted Gov. Jerry Brown and
Read MoreState agency loses again in bid to expand clout of collective bargaining
For the second time in five years, state courts have rejected attempts by the California Public Employees Relations Board to sharply expand the sweep and power of state collective bargaining laws. Last week, a three-judge panel of the fourth state
Read MoreCalifornia high court sets stage for major pension ruling
SACRAMENTO – The battle over reforming California’s underfunded system of pension benefits does not involve any particular legislative proposal or initiative idea at this time but is centered on a coming state Supreme Court battle over an arcane legal concept.
Read MoreLandlords could prove irresistible target in housing debate
The California housing crisis remains an intense focus in the state Legislature, with lawmakers touting dozens of bills they argue could bring relief to residents stressed by high rents and mortgages. But if some progressives get their way, the state
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