Archive for September 5th, 2012

InlandPolitics: Obama acceptance speech moved indoors

Wednesday, September 5, 2012 – 09:00 a.m.

A chance of rain?

That’s it?

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Ryan Hagen, Staff Writer
Posted: 09/04/2012 06:13:52 PM PDT

SAN BERNARDINO – A proposal to cut more than 100 city positions sparked heated discussion on several fronts at the second City Council meeting at which it was considered, but late Tuesday night, the meeting had gone on for six hours without any sign of a vote.

If passed in its entirety, the cuts, first distributed to the public Aug. 29, would take care of $22.4 million of the city’s $45.8 million deficit.

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Published: 04 September 2012 – 09:29 PM

Riverside officials are still evaluating how city employees will be affected by a pension reform bill that state legislators approved last week.

To read story by Alicia Robinson in The Press Enterprise, click here.

VVDailyPress: AG approves sale of Victor Valley hospital

KPC must close deal by Sept. 30
September 04, 2012 4:58 PM
Diane Lee, Staff Writer

VICTORVILLE • The bankrupt Victor Valley Community Hospital is a step closer to new ownership, after the state’s Attorney General approved the sale to Riverside-based KPC Group.

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Lewis Homes’ proposed development would be east of Greenspot Road in Highland.

Published: 04 September 2012 – 08:23 PM

A master-planned community proposed for eastern Highland is sparking excitement among officials eager for high-quality growth but raising eyebrows among those reluctant to exchange brushy foothill territory for a small, self-contained community.

To read story by Jan Sears in The Press Enterprise, click here.

PolitiCal
On politics in the Golden State
September 4, 2012 | 5:43 pm

As Gov. Jerry Brown considers the slew of bills that lawmakers sent him in the final weeks of the legislative session, he will inevitably be making winners and losers out of the donors that have given millions of dollars to his tax initiative.

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By Jessica Guynn
September 4, 2012, 1:45 p.m.

Facebook shares scraped a new low Tuesday.

The new drag on the already leaden stock: Analysts from two of Facebook’s largest underwriters on its botched initial public stock offering cut their price targets.

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