BUSINESS
June 20, 2009 | By Marc Lifsher and Alana Semuels
California's unemployment rate in May hit 11.5% -- its highest level in more than three decades -- but the pain of losing work isn't being shared equally between the sexes. The state lost 68,900 jobs in May as unemployment rose from a revised 11.1% in April and 6.8% in May 2008. This is the highest rate since the national record-keeping system began in 1976. Out of every four jobs lost nationwide since the recession began in December 2007, three have been lost by men.
CALIFORNIA | LOCAL
February 2, 2009 | By GEORGE SKELTON
Based on my e-mail, a lot of folks think the solution to California's state budget deficit is to round up all the illegal immigrants and truck them down to Mexico. Wrong. Even if it were logistically possible and the deportees didn't just climb off the truck and hitch another ride back up north, their absence from the state wouldn't come close to saving enough tax dollars to balance a budget that has a $42-billion hole projected over the next 17 months.
NATIONAL
July 30, 2009 | Associated Press
The Senate on Wednesday passed a $34.3-billion energy spending bill that backs up President Obama's promise to close the Yucca Mountain nuclear waste facility in Nevada. The bill, passed by a 85-9 vote, also covers water transfers to help farmers in California and hundreds of water projects by the Army Corps of Engineers. The House passed a similar bill two weeks ago. Once the measures are reconciled, the bill will go to the president for his signature.
CALIFORNIA | LOCAL
July 10, 2009 | By Anna Gorman and Teresa Watanabe
As California lawmakers struggle with a budget gap that has now grown to $26.3 billion, one of the hottest topics for many taxpayers is the cost to the state of illegal immigrants. The question of whether taxpayers should provide services to illegal residents became a major political issue in California's last deep recession, culminating in the ballot fight over Proposition 187 in 1994.
BUSINESS
March 10, 2009 | By Lisa Girion
California regulators said Monday that insurers must provide speech, occupational and physical therapies to their autistic members but rejected pleas to require insurers to cover the cost of behavior therapy that aims to help patients live in society. At issue is so-called applied behavior analysis, a therapy that teaches patients skills such as self-feeding and stopping injurious behaviors such as head banging. The therapy can cost as much as $70,000 a year per patient.
CALIFORNIA | LOCAL
January 3, 2009 | By Steve Hymon
While traffic officials applaud a new law that makes it illegal for drivers to read, write or send text messages, they admit there is little evidence that last year's ban against talking on a hand-held cellphone has actually prevented accidents. Since holding a phone to your ear was made a traffic violation last July, the California Highway Patrol has written about 48,000 tickets, fining drivers from $20 to $50.
CALIFORNIA | LOCAL
February 3, 2009 | By Gale Holland
Facing yawning budget gaps, California's public universities are shifting thousands of applicants into a community college system already swamped by newly unemployed adults and students priced out of other schools. By holding down enrollment, the shift would help balance budgets at UC and CSU campuses.
BUSINESS
February 21, 2009 | By Ken Bensinger
California's auto dealers are worried that the state's new budget will put an even bigger dent in already miserable sales. Increases in the sales tax and vehicle license fees were key components of the measure signed by Gov. Arnold Schwarzenegger on Friday. Both raise the cost of buying a car.
BUSINESS
January 14, 2009 | By Lisa Girion and Mark Medina
Hospitals across California and the country are reeling from the effects of the economic downturn and the troubled financial markets. Patients are putting off medical care because of job losses, job insecurity and high out-of-pocket expenses. As a result, the number of paying patients and profitable elective procedures is down. At the same time, the number of uninsured patients whom hospitals treat is rising. Like just about everybody else, hospitals are losing money on their investments.
CALIFORNIA | LOCAL
June 11, 2009 | By Shane Goldmacher
Gov. Arnold Schwarzenegger vowed Wednesday to let California government come to a "grinding halt" rather than agree to a high-interest loan to keep the state afloat if he and the Legislature do not close the yawning budget gap in coming weeks. At the same time, the governor reversed himself on a proposal to end health insurance for families of police officers and firefighters who died in the line of duty.