Newsroom

What now for true-blue California?

[Source: The Sacramento Bee] This was supposed to be, in the minds of many, the election that moved the rest of the nation closer to pluralistic, pro-tax, anti-gun, “progressive” California. Never mind. California voters reinforced the state’s image in a big way, favoring Hillary Clinton over Donald Trump by a nearly 2-to-1 margin and passing Read More…

Here’s why the Legislature’s moderate Democrats see the ‘Mod Squad’ growing on election day

[Source: The Los Angeles Times] Late last year, after a group of self-described moderate Democrats successfully watered down a landmark climate change bill pushed by Gov. Jerry Brown and fiercely opposed by the oil lobby, a flurry of headlines trumpeted the rise of the so-called Mod Squad in Sacramento. But 2016 has not been as kind to Read More…

Insurance commissioner urges carriers to cut workers comp premiums 14 percent

[Source: Los Angeles Business Journal] California Insurance Commissioner Dave Jones is urging insurance carriers in the state to cut the workers compensation premiums they charge employers by 14 percent. Thursday Jones lowered his suggestion for the average premium rate to $2.19 per $100 of employer payroll, which represents a 14 percent drop on average from Read More…

California bioscience company moving HQ to Denver area, creating 130 jobs

[Source: Denver Business Journal] A California bioscience company is moving its headquarters to Arapahoe County and creating some 130 new jobs, the Colorado Office of Economic Development and International Trade said Thursday. Viveve Medical Inc. (Nasdaq: VIVE) manufactures non-surgical devices for treatment of vaginal conditions. It is finalizing a lease and expects to relocate from Read More…

State’s environmental program helps raise $64.5 million for housing in LA

[Source: Los Angeles Daily News] Several Los Angeles-based affordable housing complexes, including Watt’s Jordan Downs, will benefit from money raised through California’s cap-and-trade program, state and local representatives said Wednesday. Jordan Downs will receive $12 million for its first phase of construction, which includes $2 million for street improvements along Century Boulevard, from a committee Read More…