Archive for June 30th, 2016

Riverside County Seal

‘Steely discipline’ is called for as officials try to rein in costs and build up savings.

By Jeff Horseman / Staff Writer
Published: June 29, 2016 – Updated: 6:41 p.m.

With expenses outpacing income, departments starved for money and savings dipping to uncomfortable levels, Riverside County officials want to put county government on a strict diet.

Read the rest of this entry »

San Onofre

An independent audit found problems with the California Public Utilities Commission’s hiring of private law firms in connection with investigations on how the commission handled the San Onofre nuclear power plant’s emergency shutdown in 2012. (Allen J. Schaben / Los Angeles Times)

Jeff McDonald
June 29, 2016

Major reforms may be coming to the California Public Utilities Commission, but the agency still has plenty of room for improvement, auditors said Wednesday.

Read the rest of this entry »

No Debt

Melody Petersen
June 29, 2016

The U.S. Department of Education has agreed to forgive $171 million of debt owed by former students of the bankrupt for-profit school Corinthian Colleges Inc., most of them in California.

Read the rest of this entry »

Karma Automotive Factory

Robots rivet the side frame assembly on the body of a Revero electric car at the Karma automotive factory in Moreno Valley. Karma is the first car-building company in Southern California in decades. (Gina Ferazzi / Los Angeles Times)

Natalie Kitroeff
June 29, 2016

Los Angeles has hemorrhaged manufacturing jobs since 2007, casting a pall over the state’s economic recovery, according to a forecast released Tuesday by Chapman University.

Read the rest of this entry »