CALIFORNIA | LOCAL
October 7, 1992 |
Last week, the San Fernando Valley was the battleground for Gov. Pete Wilson's unusual war against the Democratic-controlled Legislature over workers' compensation reform. I knew it was war when I heard Wilson speak to about 200 owners of comparatively small businesses at the Precision Dynamics Corp. plant in San Fernando. I've observed four previous governors--Pat Brown, Ronald Reagan, Jerry Brown and George Deukmejian.
March 29, 1990 |
Assembly Speaker Willie Brown acknowledged Wednesday that he faces long odds in the fight to require all California employers to provide health benefits to their workers. But he had some advice for anyone who doubts that he can do it: "Never, never, never bet against me," he said.
October 26, 1992 |
Even in a cool economy, computers and health care are hot industries for small businesses, Forbes magazine says in its annual ranking of the nation's 200 best small companies. Hawking everything from software to peripherals, computer outfits took 36 spots on the best small companies list, which the twice-monthly business glossy released Sunday in its Nov. 9 issue. For the second year running, Forbes' top small company was Cambex Corp., a Waltham, Mass.
January 8, 1993 |
Gov. Pete Wilson's proposals to cut taxes should help spur new investment and stimulate small businesses, but they won't end the state's persistent recession or reverse long-term trends siphoning jobs away from California, business leaders and economists say.
April 21, 1993 |
Bank of America said Tuesday that it will increase loans to small California businesses up to 25%--to $1.8 billion--in a program aimed at boosting the state's lackluster economy. The bank also plans to help small businesses by discounting financial services through May 31, speeding up loan processing and sponsoring small-business seminars.
August 20, 1996 |
Three years ago, Mary Flowers hired welfare recipients to fill entry-level jobs and to get tax credits for her fledgling prefabricated construction company in Pomona. Now, with sales expected to reach $2 million this year, Flowers says Sturdy Quick Building Systems is too successful to take on such help anymore. "We're growing and we have no time to train," she said. Hiring people on welfare is "not as easy as it seems. Usually the skills are not in place."
December 29, 1996 |
California came several years late to the nation's economic recovery party, but the state should be celebrating all through 1997. Here is what key industries will be up to: SMALL BUSINESS: The self-employed and small firms will benefit from federal legislation that in 1997 will bring increased business deductions, health insurance deductions, medical savings accounts for employees and simplified pension plans.
December 28, 1997 |
Orange County's blazing economy is cooling several degrees heading into the new year. Ironically, the chill is coming from the very sector that has helped set the economy on fire the past couple of years: exports. While prospects for company profits, jobs and spending are still pretty bright, economists say the Asian currency crisis undoubtedly will take its toll. Orange County sends 43% of its $8.
May 5, 1998 |
In Africa and Asia, gazelles are small antelopes known for their speed and agility. In the United States--and particularly in California--there is another type of gazelle, a decidedly American breed. These gazelles are businesses that have seen their sales zoom in a short period of time, and from whose ranks are likely to emerge dozens of mega-success stories, and perhaps even the next Microsoft.