A plan to slow home losses
Business |
12:00AM, November 6
Gov. Read more
Articles by Marc Lifsher
542 articles since 2004
CalPERS wrestles another bear
Business |
October 28, 2008
The president of California’s huge public pension fund, the nation’s largest, expressed confidence Monday that the fund would see its way through the deepening global financial crisis – even though it has lost $54 billion since July 1. Read more
California employers may see 5% rise in workers’ comp insurance
Business |
October 25, 2008
Many of California’s 1.3 million employers may pay higher premiums for workers’ compensation insurance next year, after five years of steady rate decreases. Read more
AT&T to raise monthly fee for basic service by 23%
Business |
October 24, 2008
Telecommunications giant AT&T will raise its monthly fee for basic land-line residential telephone service by 23%, effective Jan. Read more
Reforms on tap at workers’ comp insurer
Business |
October 20, 2008
Next month, a little-known state agency that doubles as a $20-billion insurance company will hold its first public board of directors meeting in 94 years. Read more
California unemployment holds steady at 7.7%
Business |
October 18, 2008
SACRAMENTO – California’s unemployment rate held steady at 7.7% in September, remaining at its highest in 12 years. Read more
State bond sale raises concerns
Business |
October 11, 2008
Bond rating service Standard & Poor’s on Friday placed a “credit watch with negative implications” on California’s credit rating ahead of the planned upcoming sale of $4 billion of short-term securities. Read more
Fed plan unlikely to ease state’s credit crunch
Business |
October 9, 2008
A new federal program designed to ease credit by purchasing short-term business debt probably won’t be available to California and other beleaguered state and local governments, Treasurer Bill Lockyer said Wednesday. Read more
California is counting on $7 billion in federal funds
Business |
October 4, 2008
California officials today said they are optimistic that the nation’s $700-billion economic recovery plan will ease credit markets so the state can borrow up to $7 billion to pay salaries and routine bills. Read more
