Tuesday, September 16, 2014 – 11:00 a.m.
It’s once again time to take up the matter of San Bernardino International Airport (SBIA). You know that financial black hole, formerly known as Norton Air Force Base.
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Archive for September 16th, 2014
Passengers wait to board their flight to Dallas-Fort Worth at Ontario International Airport in Ontario. (File photo by John Valenzuela – Staff Photographer)
By Liset Marquez, Inland Valley Daily Bulletin
Posted: 09/15/14, 11:37 AM PDT | Updated: 1 min ago
RIVERSIDE >> The 1967 agreement which gave control of then Ontario International Airport to Los Angeles will be subject to legal scrutiny next month.
The CalPERS board meets at headquarters in Sacramento. (Robert Durell / For The Times)
By Marc Lifsher
September 15, 2104
SACRAMENTO — The country’s biggest public pension system is getting out of hedge funds.
Filed under: Business, CalPERS, Finance, In the News, Investments, Pension Funds, State of California
By Dale Kasler
dkasler@sacbee.com
Published: Monday, Sep. 15, 2014 – 3:56 pm
The state Supreme Court has cleared CalPERS to sue Wall Street’s leading ratings agencies over a series of disastrous investments that cost the pension fund more than $1 billion.
Filed under: Business, CalPERS, Courts, Finance, In the News, Investments, Legal, Pension Funds, State of California, State Supreme Court
By Laurel Rosenhall
lrosenhall@sacbee.com
Published: Tuesday, Sep. 16, 2014 – 12:00 am
Last Modified: Tuesday, Sep. 16, 2014 – 7:32 am
Democratic state Sen. Rod Wright, sentenced to jail Friday for being convicted of perjury and voting fraud, resigned from the California Senate on Monday but plans to stay on the payroll for one more week.
Wright sent Senate officials a resignation letter Monday stating that he’s stepping down effective Sept. 22.
The Fix
By Philip Bump
September 15, 2014 at 1:07 PM
As voter registration deadlines before the November general election begin to pass, new disputes over voter registration efforts have erupted. In the wake of the shooting of Michael Brown in Ferguson, Mo., Democrats launched a voter registration effort, angering some local Republicans. More recently, a registration effort led by a Democratic Georgia state representative — which has turned in a number of new voter applications — is being investigated by the Republican secretary of state.
A new report from Beacon Economics and City National Bank points to a comeback in the Inland Empire. Above, homes being built in Rancho Cucamonga. (Gina Ferazzi / Los Angeles Times)
Economic comeback in the Inland Empire helps drive California recovery, report says
September 15, 2014
The economic recovery in California struggled through the first half of the year but now is picking up speed, driven by improvements in the real estate and the job markets, according to a quarterly report from Beacon Economics and City National Bank.