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Small Business California

BUSINESS
May 19, 1993 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Gov. Pete Wilson, proclaiming "a new way, a better way, a less-expensive way for small businesses to buy health insurance," on Tuesday unveiled California's state-run cooperative for purchasing medical coverage. The cooperative, regarded as a potential model for federal health reforms, is part of sweeping changes to take effect July 1 in the state health insurance laws governing small businesses.
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NEWS
May 18, 1993 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Gov. Pete Wilson today will launch a promotional campaign for the nation's first statewide health insurance purchasing pool, a state-run venture designed to use market forces to deliver coverage to small businesses at reasonable rates. California's effort, which has raised skepticism over whether it can work, will be closely watched.
BUSINESS
April 21, 1993 | From Bloomberg Business News
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.
BUSINESS
January 8, 1993 | PATRICK LEE, TIMES STAFF WRITER
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.
BUSINESS
December 1, 1992 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
Don't tell Robert Sommers that the credit crunch is over. He's been scorned by more than 40 banks and thrifts in his desperate search for a lender to finance a $2-million project to build homes on half-acre lots in San Diego. Time was when bankers would ask the veteran builder to put up just $200,000, a mere 10% of the cost. Today, the loan officers shrug their shoulders, blaming tough federal rules when they insist that he contribute $800,000 as his share of the project.
BUSINESS
October 26, 1992 | From Associated Press
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.
CALIFORNIA | LOCAL
October 7, 1992 | BILL BOYARSKY
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.
BUSINESS
September 28, 1992 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Ade Eitner got quite a shock from his small manufacturing company's June electric bill, which took a 55% jump from the previous month and has stayed in the same lofty neighborhood. Village Covenant Church in Azusa saw a doubling of its electric bills. "Our bills have never, ever been this high," said Gene Palmer, a member of Village Covenant's church council. "It's very difficult."
NEWS
April 14, 1992 | DANIEL M. WEINTRAUB, TIMES STAFF WRITER
Gov. Pete Wilson declared his opposition Monday to a comprehensive overhaul of the state's health insurance laws, throwing his support behind a series of proposals he predicted would make small businesses more likely to insure their employees. Wilson rejected plans proposed by the California Medical Assn.
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