Archive for July 27th, 2011

YahooFinance: (AP): Press-Enterprise parent loses $6.8 million in 2nd quarter

AH Belo’s second-quarter losses widen amid less ad revenue, larger accounting charges

On Wednesday July 27, 2011, 7:08 pm EDT

DALLAS (AP) — Newspaper publisher A.H. Belo Corp.’s losses grew in the second quarter as a slump in advertising worsened.

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Tuesday, July 26, 2011 – 09:45 p.m.

The Editors and Publisher of the Riverside Press-Enterprise appear to be getting a little full of themselves these days.

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DailyBulletin: Ovitt: I’m in charge

Supervisor Gary Ovitt

Supervisor says Kirk didn’t control his office
Sandra Emerson, Staff Writer
Created: 07/26/2011 05:28:51 PM PDT

Grand Jury testimony released Friday does not accurately portray who was in charge in the county’s 4th District, according to Supervisor Gary Ovitt.

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10:00 PM PDT on Tuesday, July 26, 2011

The Press-Enterprise

Lawyers who thought San Bernardino County supervisors were making a mistake in settling with Colonies Partners over a flood control easement had few options other than the vigorous opposition they expressed in meetings, letters and memos to officials, legal experts said.

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The Sun: SEBA fund at issue

Testimony says union middleman for cash
Joe Nelson, Staff Writer
Posted: 07/26/2011 08:12:12 PM PDT

As president of the San Bernardino County Safety Employees Benefit Association, Jim Erwin used the union’s political action committee to bolster his clout and launder campaign contributions from a powerful Rancho Cucamonga developer, according to Grand Jury testimony.

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The PE: RIVERSIDE: Interim city manager named

10:00 PM PDT on Tuesday, July 26, 2011

The Press-Enterprise

The Riverside City Council chose Community Development Director Scott Barber to serve as interim city manager while it seeks a permanent replacement for Brad Hudson.

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Wyatt Buchanan, Chronicle Sacramento Bureau
Wednesday, July 27, 2011

Sacramento — Seeking to avert the fallout if Congress fails to raise the country’s borrowing limit, California Treasurer Bill Lockyer on Tuesday took out $5.4 billion in short-term loans to cover the state’s bills in case money stops flowing from Washington, D.C.

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WSJ: California Counties Reel From Tax Hit

JULY 27, 2011

SAN ANDREAS, Calif.—Declining home prices are starting to slam California harder than the rest of the nation, in part due to a state law that sets a ceiling—but no floor—on property taxes.

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LATimes: Dollar gets trashed as U.S. debt fears deepen

Money & Company
Tracking the market and economic trends that shape your finances.

July 26, 2011 | 6:00 pm

The strongest sign of worry about the U.S. debt drama may be showing up in the dollar, which is on track for its third straight weekly decline.

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