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NEWS
September 13, 2011 | By Alexa Vaughn, Washington Bureau
The House of Representatives on Tuesday quickly and unanimously passed a bill temporarily extending funding for the Federal Aviation Administration and federal highway programs.   Funding for more than a million federal employees and construction jobs was set to expire by Oct. 1 if extensions were not passed, and though both parties had their misgivings about the bill, no House members wanted to be tied to such a job loss. The FAA's funding through Jan. 31 comes from the 22nd consecutive extension bill since the last long-term funding bill for it expired in 2007.
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CALIFORNIA | LOCAL
April 27, 2014 | By Jean Merl
Attorney Barbara Mulvaney prosecuted killers in Rwanda and promoted democracy for the U.S. State Department in Iraq before returning to Los Angeles and running for Congress. She could hardly believe it when a local Democratic club barred her - and several other candidates of that party - from the dais at a recent campaign forum. "I'm a very qualified candidate," Mulvaney said in an interview, taking issue with the club's decision to include only those who had raised at least $200,000 for their campaigns.
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BUSINESS
August 2, 2011 | By Jessica Guynn, Los Angeles Times
Twitter Inc. doesn't seem to be in any hurry to offer its shares to the public. Instead it has raised another round of funding from some very deep-pocketed and plugged-in private investors. The San Francisco company acknowledged a "significant" round of funding from preexisting investors and new investor Digital Sky Technologies, the investment engine run by Russian billionaire Yuri Milner. Milner has significant stakes in social networking's hottest companies, including Facebook Inc. People familiar with the funding peg it at $800 million, which would make Twitter worth $8 billion.
TRAVEL
April 27, 2014 | By Jen Leo
If Mom and Dad refuse to give you money for your travels, this website offers hope. Name: http://www.Trevolta.com What it does: Helps travelers crowd fund their global adventures. Cost: Varies depending on whether you have a fixed or flexible funding campaign. There's also a PayPal fee (the method used to collect donations). What's hot: I love that many of the trips are purpose-driven. Your "funding campaign" is placed in a category such as "Charity and Volunteering," "Education and Research," "Music and Arts," "Meaningful" and more.
CALIFORNIA | LOCAL
July 1, 2013 | By Anthony York
SACRAMENTO - Gov. Jerry Brown ushered in the most sweeping changes to the way California funds its public schools in 25 years on Monday, signing into law a new funding formula that was the centerpiece of his legislative agenda for the year.  Schools that serve low-income students and non-native English speakers will receive more money under the formula, while all school districts will be given new flexibility in how they spend the funds they receive...
NEWS
April 8, 2011 | By Marissa Cevallos, HealthKey
Planned Parenthood is yet again at the center of a political maelstrom. Republican lawmakers want to cut funding to the organization, or else they will not agree to a budget that has spending cuts of more than $30 billion. Defenders of Planned Parenthood say the cuts are dangerous for women’s health.  Huffington Post  frames the current conflict this way: “The United States government is on the verge of shutting down over a dispute...
CALIFORNIA | LOCAL
April 29, 2013 | By Dalina Castellanos
States are spending less on pre-kindergarten programs than they did a decade ago, according to a report released Monday. The National Institute for Early Education Research released the State of Preschool 2012 report, calling the last school year “the worst in a decade for progress in access to high-quality pre-K for America's children.” California state funding per child fell by more than than $400 compared with the previous year, and...
NATIONAL
September 13, 2011 | By Alexa Vaughn, Washington Bureau
The House of Representatives on Tuesday quickly and unanimously passed a bill temporarily extending funding for the Federal Aviation Administration and federal highway programs. Funding for more than 1 million federal employees and construction jobs was set to expire by Oct. 1 if extensions were not passed. Though both parties had misgivings about the bill, no House members wanted to be tied to a big job loss. The FAA's funding through Jan. 31 comes from the 22nd consecutive extension bill since the last long-term funding bill expired in 2007.
BUSINESS
April 3, 2014 | By Jessica Guynn
SAN FRANCISCO -- Popular image-sharing service Imgur has finished its first round of funding: $40 million from venture capital firm Andreessen Horowitz with a small investment from news website Reddit. The San Francisco company received a valuation of about $200 million, according to a person familiar with the matter but not authorized to discuss it publicly. With 130 million visiting the site each month, Imgur -- which the company pronounces as "imager" -- has become one of the Internet's most popular hangouts by capturing the fundamental shift in how people express themselves and communicate on the Internet: through sharing images.
NEWS
May 1, 2013 | By Morgan Little
Republicans in Congress, long skeptical of the value of some taxpayer-supported research, have taken aim at the National Science Foundation with a bill that seeks to limit the scope of its grants. A draft bill by House Science Committee Chairman Lamar Smith (R-Texas), which was obtained by Science magazine, would require the foundation's grants to “advance the national health, prosperity or welfare” or “secure the national defense.” The current National Science Foundation criteria are broader and allow the foundation to weigh the “intellectual merit” and “broader impacts” of the proposed research.  The bill would also require that projects are not “duplicative” of other federally funded works.
BUSINESS
April 27, 2014 | By Ronald D. White
The gig: Olympic medalist Anita L. DeFrantz, 61, is president and a director of the LA84 Foundation, the charitable organization that runs off an endowment of surplus funds from the Los Angeles Olympic Games. In the three decades since those games, LA84 has donated more than $214 million to more than 1,100 Southern California youth sports programs, providing opportunities for more than 3 million children. DeFrantz has spent nearly half her life with the organization, formerly known as the Amateur Athletic Foundation.
CALIFORNIA | LOCAL
April 26, 2014 | By Michael Finnegan
Neel Kashkari, a Laguna Beach Republican running for governor in the June 3 primary, expressed support Saturday for a proposal by Democratic incumbent Jerry Brown to strengthen California's “rainy day fund” and accelerate the state's repayment of debt. Kashkari told reporters at a campaign stop in Thousand Oaks that Brown's plan was “a small incremental step in the right direction.” He urged Republican lawmakers to approve it without insisting on adjustments. “I'm definitely in the camp of don't let the perfect be the enemy of the good,” he said.
BUSINESS
April 24, 2014 | By Salvador Rodriguez
Google, Microsoft, Facebook and several other tech giants have teamed to create an initiative that will be used to fund important open-source projects that are in need of financial assistance such as OpenSSL, which was recently plagued by the discovery of the Heartbleed bug. A dozen companies are pledging $100,000 a year for three years to support the Core Infrastructure Initiative, which will identify key open-source projects and direct funds their...
CALIFORNIA | LOCAL
April 24, 2014 | By Chris Megerian
SACRAMENTO - Gov. Jerry Brown has both Democrats and Republicans on board with the broad outlines of his plan for stockpiling some cash and paying off debt. But as the special legislative session Brown called on the issue opened Thursday, it was clear that, as lawmakers like to say, the devil could be in the details. Republicans, whose votes the Democratic governor needs to place his measure on the fall ballot, want tighter controls on the reserve fund than the governor has proposed.
CALIFORNIA | LOCAL
April 23, 2014 | By Teresa Watanabe
In a broad consensus across racial, political and economic lines, most Californians support two historic changes in how academic subjects are taught and state dollars are allocated to schools, according to a statewide survey released Wednesday. More than two-thirds of Californians surveyed support new national learning standards known as Common Core, which are currently being rolled out to better prepare students for college and careers with a deeper focus on critical thinking over rote memorization.
CALIFORNIA | LOCAL
April 22, 2014 | By Seema Mehta
Saying that better schools are critical for California's prosperity, GOP gubernatorial candidate Neel Kashkari proposes changing the way education is funded, making traditional schools more like charters and increasing online learning. "We must reject the status quo," the former U.S. Treasury official says in a 33-page policy paper set for release Tuesday. He calls for money to be sent directly to the state's 10,000 public schools rather than to their districts. He would throw out much of the state's education code, which governs the operation of schools, and effectively allow most schools to operate under the same rules as charters.
FOOD
June 21, 2013 | By David Karp
Funding for the state certified farmers market program will likely expire at the end of December as a result of legislative maneuvering in Sacramento. The interruption may be just a month or so, and farmers markets would continue to exist during that period, but market oversight would be curtailed — just the opposite of what many stakeholders were aiming for from California State Legislature. A broad coalition of market managers and agricultural commissioners had hoped that the Legislature would substantially boost funding for enforcement starting next year, but for reasons that remain somewhat unclear, a bill to that effect, Assembly Bill 996 , failed to make it out of the Assembly Appropriations Committee four weeks ago. As a backup, farmers market industry leaders relied on SB 599 , which as originally written extended the current minimal funding for the state farmers market program for an additional four years; otherwise, it was due to expire at the end of 2013.
CALIFORNIA | LOCAL
May 20, 2013 | By Howard Blume, Los Angeles Times
School district officials have reversed a decision that cost a top-performing Los Angeles campus about $300,000 in funding after parents uncovered evidence that a bureaucratic error led to the loss of funds. Five other schools also are likely to get more dollars as well. L.A. Unified Supt. John Deasy acknowledged Friday that internal confusion resulted in several schools failing to qualify for federal Title 1 money. "Services that they had counted on will not be lost," Deasy told The Times.
CALIFORNIA | LOCAL
April 20, 2014 | George Skelton, Capitol Journal
SACRAMENTO - High-stakes bargaining is about to begin in California's Capitol. As the weather heats up in Sacramento every year, so does the intensity. There'll be bartering over wonky programs and policies that for most citizens would be snooze-inducing. But for Gov. Jerry Brown and legislative leaders, it's about political positioning, agenda attaining and legacy building. The political leaders have been laying their demands and wish lists on the negotiating table in recent days while most lawmakers were off on spring break.
BUSINESS
April 20, 2014 | By Donie Vanitzian
Question: Our homeowner association's president explained to our board how the budget process actually works. She said: "You start by working out how much you can get out of the homeowners, then you go to the Budget and Reserve Study to figure out how to get that result. The reserve study company will work with us by doing a couple of go-arounds to get us to the result we want. " Am I being naive to think the job of a reserve study company is to come up with realistic numbers, instead of numbers that fit the board's agenda?
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