Tag "Warren Buffett"

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Prospects of PG&E Takeover in 2020

The June 30, 2020, deadline for Pacific Gas & Electric to emerge from bankruptcy if the giant utility wants to be eligible for a $21 billion wildfire relief fund set up by Gov. Gavin Newsom and the Legislature earlier this

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L.A. caps CA trend with $15 minimum wage vote

By a nearly unanimous vote, the Los Angeles City council voted to raise the city’s minimum wage to $15 an hour by 2020. As the biggest development yet in a nationwide labor effort meant to compensate for failed federal legislation,

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Will millionaires avoid Prop. 30 tax increase? 33

Analysis Nov. 28, 2012 By John Seiler During the recent campaign, Gov. Jerry Brown insisted that people would not try to avoid his Proposition 30 tax increase by halting investments and “hiding” their money. Prop 30 boosts the top state

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Stockton leads tsunami of Calif. bankruptcies 19

Aug. 27, 2012 By Troy Anderson During Vallejo’s bankruptcy, which began in 2008, the city cut the number of police in half rather than deal with the “pension problem.” Now, a somewhat similar scenario is playing out in Stockton, a

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Hiltzik ignores massive debt 10

Aug. 15, 2012 By John Seiler Los Angeles Times business writer Michael Hiltzik is an excellent reporter. But when he gets to policy, his leftist perspective comes to the fore. That can be seen in today’s article on Paul Ryan’s

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