Archive for November 25th, 2015

Moreno Valley seal

Council members who approved the project in August again affirm their support. Two other council members, George Price and LaDonna Jempson, sought an election, but joined the majority, noting they lacked support.

Published: Nov. 24, 2015 – Updated: 10:28 p.m.

Three ballot initiatives aimed at protecting the World Logistics Center from environmental legal challenges won’t actually go to Moreno Valley voters.

To read article by Imran Ghori in The Press-Enterprise, click here.

Cell Phone

Even though smartphones have become necessities and a crucial component of the digital economy, they’re still taxed in large part as a luxury item. (Georgijevic / Getty Images/iStockphoto)

David Lazarus
November 24, 2015

The good news: Thanks to increased competition, wireless companies’ rates have dropped nearly 7% since 2008.

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Calpers

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Bloomberg Business

Alison Vekshin
November 24, 2015 — 8:17 AM PST
Updated on November 24, 2015 — 9:15 AM PST

Private-equity firms reaped $3.4 billion in profit sharing for investing on behalf of the California Public Employees’ Retirement System since 1990, the sort of gains that have led to debate over why Wall Street pays lower taxes than most American workers.

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