BUSINESS
June 21, 2012 | By Hugo Martin
California should draw more than its share of tourists for the July 4 holiday, according to an analysis of the top 10 destinations for the Independence Day week. San Francisco, Los Angeles and San Diego were among the top 10 destination cities for the week of July 2 to July 6, according to a study of bookings made through the travel website Hotwire.com. The report offers more good news for the Golden State, which had a 3% growth in visitors in 2011 and is expecting an additional 2% increase in 2012, according to a study commissioned by Visit California, the nonprofit created to promote tourism to the state.
CALIFORNIA | LOCAL
March 17, 2013 | By Anthony York, Los Angeles Times
SACRAMENTO - Although many of California's cities and counties have been struggling financially, putting off road repairs, cutting back library hours and reducing police patrols, there is one way in which they have not held back: hiring Sacramento lobbyists. Local governments' spending on advocacy in the Capitol has surged in recent years, topping $96 million during the two-year legislative session that ended last fall - an increase of nearly 50% from a decade ago. The sum dwarfs the lobbying bills of the state's largest labor unions, big oil companies and other energy interests combined, according to the California secretary of state's office.
OPINION
July 29, 2012
Re "A tale of two cities," Opinion, July 25 Harold Meyerson blames banks and big business for the collapse of our economy, especially for the bankruptcies of California cities hit hard by the bursting of the housing bubble. Rather, the federal government encouraged the irresponsible lending to increase homeownership. Banks would never have been successful in making so many subprime loans if Freddie Mac and Fannie Mae weren't buying them. Wall Street also bought these toxic loans and rated them as AAA securities.
CALIFORNIA | LOCAL
May 31, 2012 | By Jessica Garrison, Los Angeles Times
A Sacramento County Superior Court judge Wednesday ruled against a group of California cities in their battle with the state over hundreds of millions of property tax dollars that used to flow to local redevelopment agencies. Judge Timothy M. Frawley said he would not grant the request from Glendale, Pasadena, Huntington Beach and other cities for an injunction that would have prevented the payout of property taxes on Friday to schools and counties. Cities believe some of the money belongs to them and should be used to pay for such projects as parks, affordable housing and freeway intersections that had been agreed upon before Gov. Jerry Brown won his battle to eliminate California's 400 municipal redevelopment agencies late last year.
CALIFORNIA | LOCAL
July 30, 2012 | By Phil Willon, Los Angeles Times
The jagged foothills, withered pastures and a web of horse trails along the Santa Ana River give the state's newest city a hint of the Wild West. Jurupa Valley's money troubles, though, are pure modern-day California. Jurupa Valley may be broke in a year, even though the city is so new that it has no permanent employees, no generous employee pension plan and runs City Hall out of a leased strip-mall storefront next to the Lucky Wok Chinese restaurant. Without a financial rescue, the city will have to shut its doors, sending the mishmash of Jurupa Valley communities back into the ether of unincorporated Riverside County.
NEWS
February 28, 1986 | LEO C. WOLINSKY, Times Staff Writer
More than two-thirds of California's cities will be forced to go without liability coverage by midyear because insurers no longer are willing to risk losses from a growing number of injury suits, a top executive of the nation's largest municipal insurance brokerage warned Thursday.