CALIFORNIA | LOCAL
November 2, 2012 |
SACRAMENTO - Facing a ballot measure that could sharply rein in its political clout in California, organized labor is fighting back with a massive operation to get millions of union voters to the polls next week. In the process, the intense effort to defeat Proposition 32 could make the difference in a number of tight contests up and down the ballot, including that of Gov. Jerry Brown's tax-hike initiative, Proposition 30. Proposition 32 would eliminate unions' primary political fundraising tool: deductions from members' paychecks.
CALIFORNIA | LOCAL
September 29, 2012 |
SACRAMENTO - California voters appear poised to reject a November ballot measure that would ban political contributions by payroll deduction, according to a new USC Dornsife/Los Angeles Times poll. Forty-four percent of those surveyed said they opposed Proposition 32, which would eliminate the main fundraising tool of unions. Just 36% said they supported the measure, which would also bar corporations and unions from contributing directly to candidates. Proponents of the measure, having focused squarely on unions in two past attempts to end paycheck deductions for political purposes, adopted the language of the Occupy Wall Street movement this time around and rebranded their campaign as an effort to curb the power of special interests.
July 1, 2012 |
In a sign that Americans may be learning to relax on vacation, a new survey found that about half of top business executives did not check in with their offices while on vacation, nearly double the rate compared with two years ago. The survey of 1,400 chief financial officers found that 51% said they don't call their offices while on holiday, compared with 26% in 2010, according to a report by Robert Half Management Resources, a Menlo Park, Calif.,...
July 27, 2011 |
Wall Street has tried to ignore the threat posed by Washington failing to raise the debt ceiling. No more. Business executives stepped up appeals this week for political action, worried that the nation faced a crisis, and prepared contingency plans in case the stalemate persists. At Wall Street banks and investment firms, many traders are putting vacation plans on hold so they can be at their desks Aug. 2. "Trading floors Street-wide are unusually well populated for this time of year," said Peter Kenny, a trader at Knight Capital Group.
April 4, 2011 |
Los Angeles' mayoral election is still nearly two years away, but the field of candidates already is taking shape. And the race is certain to present voters with starkly different choices about who should run Los Angeles next. More contenders undoubtedly will find themselves drawn to the opportunity, but here are the early candidates to watch. Wendy Greuel L.A.'s controller was the first candidate officially in the race and the only one to have already been elected to citywide office.
March 11, 2011 |
For a government official, Nestor Moreno lived pretty large. Moreno, the director of operations for Mexico's nationalized electricity monopoly, drove a $297,000 Ferrari and owned a $1.8-million yacht named Dream Seeker. Moreno couldn't afford these luxuries on his salary at the Federal Electricity Commission in Mexico City. Instead, U.S. prosecutors alleged, they were gifts from an Azusa company that was peddling its electricity transmission equipment to foreign buyers. Now, two executives of privately held Lindsey Manufacturing Co. ?