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

By DUG BEGLEY and DAVID DANELSKI
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

By ALICIA ROBINSON
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

ECONOMY
JULY 27, 2011
By JUSTIN SCHECK

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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